Forex Trading: Any of these 10 Cross Rates

euclid · Dec 5, 2009

Quote from tqk101:

at 200:1, $200 can get a 4 standard lot trade that is $40 a pip. say you trade on EUR/USD that has a 1 pip spread, you are out of the game if you are 4 pips down. You could apply a 200:1 account, but if you are using any kind of money management system, you shouldn't need more than 50:1 leavage

If you could get 4 lots of EURUSD with $200 margin, it would be about 3000:1 leverage. I think even Iinky would have trouble trading that.

ddaytrader · Dec 5, 2009

Quote from tqk101:

at 200:1, $200 can get a 4 standard lot trade that is $40 a pip

Better check your math, or I can do it for you:

4 standard lots = 400k/200 = 2000:1

And I'll do this one for you too:

200 @ 200:1 = 200* 200 = 40K = 4 mini lots

cabletrader · Dec 6, 2009

Quote from ddaytrader:

200 @ 200:1 = 200* 200 = 40K = 4 mini lots

If you trade 4 mini lots with a $200 account @ maximum leverage of 200:1 you'll be margin called before your blink, in fact I don't think the platform will let you do it!

Hey Inky, there's a job for you, try it out and tell us what happens!

ddaytrader · Dec 6, 2009

Quote from cabletrader:

If you trade 4 mini lots with a $200 account @ maximum leverage of 200:1 you'll be margin called before your blink, in fact I don't think the platform will let you do it!

Hey Inky, there's a job for you, try it out and tell us what happens!

Hi Cable, I was really just doing the math for our arithmetically challenged friend.

Actually max leverage on a micro account at my broker is 250:1 on some pairs, and it looks like it is still 400:1 for the USD/JPY, USD/CHF, and USD/CAD ($25/mini lot)

$40/mini lot for the EURUSD & EURJPY and $42.50/mini lot on the GBP/USD & GBP/JPY

Inky, get ready for some high energy bang bang forex trading.

My goal will be simple: Use non-piker Inky-type leverage on a micro account and survive for 30 days with at least enough of the starting capital remaining to trade one microlot.

Can I do it? We shall see. The high energy forex Piker to Prince (or Pauper) bang em up thread is no more than one week away from launch.

Bang!

TheMan · Dec 6, 2009

Quote from ddaytrader:

Hi Cable, I was really just doing the math for our arithmetically challenged friend.

Actually max leverage on a micro account at my broker is 250:1 on some pairs, and it looks like it is still 400:1 for the USD/JPY, USD/CHF, and USD/CAD ($25/mini lot)

$40/mini lot for the EURUSD & EURJPY and $42.50/mini lot on the GBP/USD & GBP/JPY

Inky, get ready for some high energy bang bang forex trading.

My goal will be simple: Use non-piker Inky-type leverage on a micro account and survive for 30 days with at least enough of the starting capital remaining to trade one microlot.

Can I do it? We shall see. The high energy forex Piker to Prince (or Pauper) bang em up thread is no more than one week away from launch.

Bang!

BANG!!!!!!!!!!!!!! BANG!!!!!!!!!!!!!!!!!!! BANG!!!!!!!!!!!!!!!!

cabletrader · Dec 6, 2009

Quote from ddaytrader:

Hi Cable, I was really just doing the math for our arithmetically challenged friend.

Actually max leverage on a micro account at my broker is 250:1 on some pairs, and it looks like it is still 400:1 for the USD/JPY, USD/CHF, and USD/CAD ($25/mini lot)

$40/mini lot for the EURUSD & EURJPY and $42.50/mini lot on the GBP/USD & GBP/JPY

Inky, get ready for some high energy bang bang forex trading.

My goal will be simple: Use non-piker Inky-type leverage on a micro account and survive for 30 days with at least enough of the starting capital remaining to trade one microlot.

Can I do it? We shall see. The high energy forex Piker to Prince (or Pauper) bang em up thread is no more than one week away from launch.

Bang!

Awwwwwsome!

TheMan · Dec 7, 2009

Quote from increasenow:

I go into the weekend down -32 pips...looking 4ward to much Forex study over the weekend...you?

so what did you do with your MASSIVE spread trade, cross juggle, hedge flying biscuits there young CAT

increasenow · Dec 7, 2009

Quote from TheMan:

so what did you do with your MASSIVE spread trade, cross juggle, hedge flying biscuits there young CAT

hey, thanks for asking...I took a small loss and have moved on...currently...I have open positions in the EUR/USD, GPB/USD & USD/CHF...it is a synthetic butterfly trade...very interesting...looking to expose various divergences...

TheMan · Dec 7, 2009

Quote from increasenow:

hey, thanks for asking...I took a small loss and have moved on...currently...I have open positions in the EUR/USD, GPB/USD & USD/CHF...it is a synthetic butterfly trade...very interesting...looking to expose various divergences...

yep

i would have to say the SYNTHETIC BUTTERFLY setup is one of my all time favorite setups

let us know how it turns out CAT

TheMan · Dec 7, 2009

Quote from increasenow:

hey, thanks for asking...I took a small loss and have moved on...currently...I have open positions in the EUR/USD, GPB/USD & USD/CHF...it is a synthetic butterfly trade...very interesting...looking to expose various divergences...

if you look right now at the eur/usd and usd/jpy you can see it is setting up for the DOUBLE PENETRATION UP-THRUST-- HYBRID HOOP-DE-DO----

its not so much a divergence trade but more of a SPREADING MOMENTUM HYBRID SETUP

interesting stuff