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sold usdchf@1.3875

Very possible I enter those positions I mentioned today. We saw a very serious upside move on usdjpy, and that proves my previously indicated sentiment. Once again, these are positions I am going to take: short USDCHF targeting 1.3660 long EURUSD for 1.1220 (tgt open - most chances if we get...

great, baggerlord. Good Trading!

I dont mind such posts - these are usualy the idiots loosing the money...getting margin calls. Probably he lost his account on friday upside move on euro..so they get mad and post like that to show once again how stupid they are... He will probably post and say he was long on euro on friday or...

You're right, it was ever. My mistake :D

9/7/2003 6:02:08 PM Hello all, hope you're having nice weekend. Little commentary on what I see in coming days for me on market. EURUSD: Single currency made it all the way to 1.11, and was going up all the way to closing minutes, just as expected. Unfortunately my entries on majors in...

Forever? I no think so...last 2 days Sep 4 and sep 5, move of 1.08 to 1.11 exactly 0.03...2 days - not forever and thats what it takes with "Only 30:1" to wipe out an account...2 days. And taken you'll get Mcall lets say after 25% left ( I dont know exactly oanda, but it cant be less), so you...

Who needs more than that? 1:4, 1:5 is what I use...gearing 1:100??? madness.. wanna loose - go for it...1:100 is one way ticket to loose money...you have 50k account, enter market with 200k position, its 1:4 gearing. If you use 50 pip stop, its 2% risk per trade... use 1:100 gearing and you risk...

porgie, I dont know what you mean by currency market is the one for long term success, and cannot refer that question, but as for system fiting all markets I have little doubts...any system need to be twistes a little to suite different instruments, and even my system doesnt equally suite...

Could you specify? I see tipical forex newbie situation...nothing strange... What you mean?

Hi all, decided to contribute my 2c... As for broker - yes, no one will call you unless you're really big client. You said to be new to FX, so how come you think it will come back? As I saw here some1 posted - thank your broker for closing you b4 you had a chance to add funds (and loose more)...

Great Ryan. Good you profited from it. Well, I was talking about target around 1.1 - we're almost there. Ok, I'm closing the week, as there's nothing here for me now. Will post on sunday before market opening as usual. Ok, week closed, thread closed. Thanx everyone for participating and...

Well Ryan, I hope you didnt do it after all. Its a shame my longs this week got stopped, but entries there were wrong - false signals...I think we are heading to 1.1 at least - inside that channnel I posted earlier. Maybe we are talking about more serious move and we break it. No matter which it...

Thats totally up to you, Ryan, all I can say is good luck regardless which side you trade!

This is very sensative here - we may get resistance there, meybe retrace littel - would you consider it faliure? Maybe after it retraces fot 30 pps and goes for the second test it will break? you never know... Anyways, correction started after sharp upside move but lets see if it oges below...

Thats why we are here for - maybe someone sees thing you missed. I also ofter see posts talking about something I missed and its very useful sometimes. But upside move is not definate yet. I was targeting that channel this week, as upside move began on friday and got enough signals form my...

Hi Ryan. Well I wouldnt be so sure about it. I prefer watching a little more. No trades at the moment. In case we start moving upside, I would say we may target 1.1080 - 1.11. Take a look at the attachment. btw, USDJPY closed at b/e. GL.

USDJPY closed at b/e

Hi Porgie. Unfortunately I can say nothing here as I am not day trader and don't care that much of intraday volatility. Picture is mixed and its hard to determine next serious move. Recent seloff was very heavy and even just a memory of it is enough to push down another 100 pps ...on the...

Well, I see neither short nor long are to be considered at the moment (euro), but it still depends on how will the action be from now on and till the end of the day. Maybe we are bottoming out, and maybe not. No new trades except for the current short on yen. I will post closer to asian...