Recent content by risktaker989

still in my GBPUSD long with the same targets in mind. too bad...EURAUD did go lower but didn't give me an opportunity to short at a good price. better luck next time.

long from 1.9780 from last week...looking to get out at 2.0000 but if the momentum picks up i might be willing to hang on until 2.0095. on an unrelated note, watching EURAUD for a possible short as long as price doesn't break through resistance roughly in the 1.6230 area. my guess is, if this...

been a while since i last posted for a trade... i've been eyeing GBPUSD for weeks now waiting to get long. i agree it might not be time yet to long it though i feel it's getting close. i'm watching the daily and 4-hr charts for any signs of buyers coming back in. i'd like to see the daily...

i agree there is potential to go long GBP but i'm waiting a bit more to make sure the selling has subsided. i'd hate to catch a falling knife... right now it's roughly at support on the daily chart. it could retest 1.9760 and go below so i just want a bit more confirmation that it doesn't...

i agree with cstfx, forexbastards.com is not gospel...in fact, my guess is there is something less than honorable going on with it. every firm rating is filtered by the administrator and there has been talk on forums that the administrator is using the site as a way to "motivate" listed firms to...

yes, most of the market makers will draw on the same banks for liquidity. but they don't all have equal access...this is a common misconception. on the institutional level, who you know and how big you are determines what kind of attention, liquidity and pricing you get from the banks. so some...

nice trade! my long trade the other day getting stopped out pretty much confirmed that downside momentum...though after yesterday (Friday) looks like my upside idea might be worth looking into again. for now i'm flat but keeping a close eye on it among other things to see what sets up.

i can definitely see it breaking down lower in the longer term. but you pretty much said it...shorter term is the game i'm playing with this one. i'm going under the assumption that there will be a last "hoorah" push to the upside to test the most highs. it has come off a bit since this...

just got long AUDUSD @ .8319. stop in .8270 area; limit in .8425 area i'm looking for a retest of the recent swing high to be followed by a break slightly above the .8400 figure. not sure how probable a break above .8400 is at this point but i'm ready and willing to close out the trade...

nope, no luck...stopped out @ 1.9977. i'll consider getting in back long if stabilizes anywhere at or above roughly the 1.9750 area.

i might be getting in too early but.... got long some at 2.0015 and 2.0020. just in case i'm wrong i set my stop relatively tight... stop in 1.9970 area; limit in 2.0095 area based on daily chart and 4-hr charts

they're even smaller than CFG was. i checked out how much excess capital they have on the CFTC's website and it's in the low 6 digits. they must have bought the accounts with borrowed money. not sure if going from one small firm to another small firm is necessarily in the clients' best...

regardless of the pair, i always trade off of a daily chart with cross analysis on a 4-hour chart. my stop is based on logical levels i see on the daily chart...so there is no one typical size. it's whatever the chart shows me where my stop should probably be. i then size my trade...

fantastic! yes, i saw the spike up last night. it's much stronger than i anticipated trading just over 238 overnight...insane! anyway, i'm glad to see you got limited out and then some...can't beat positive slippage...hahaha. talk to you again soon. GL & GT.

a buddy of mine is also still long and we both believed that the upside should increasingly encounter resistance the closer it gets to 237.50. i think it's fair to say that early in the new week of trading it's highly probable to see it test somewhere between 237 and 237.50. anything beyond...