Scalping the EUR/USD

Quote from B1010:

Sam... I have been trading equities for about 4 or 5 years now. If I wanted to transition into currencies what do you think would be the best way to go about the learning process?
B1010: Probably get a book or two on the subject, then open a demo account or two at a couple fx brokers, then try to get margin calls.

At least that is what they told me to do when I first started.

//shrug//

Though now I am questioning if perhaps that was not the best advice.

Sam
 
Quote from Saham:

Mike Brown: That's a statement of utter ignorance.

The entire world trades currencies. Without forex the world would stop cold.

Think about it.

Sam

Welcome back troll. Why another username?

There should he a complete ban on your isp.

But anyway, your statement is of utter ignorance. Can you even read?

The whole world uses interbank to trade currencies, not oanda.
 
Quote from cable:

Gulp. That's why.

Today is a good day to look at the charts and realize that STOP LOSSES ARE YOUR FRIEND.

Oh. My. God.

At least having a Catastrophic one! :D
 
Stocks are overpriced, commodities are stretched like a rubber band. The Fed will start a rate increase cycle very soon. Everyone says the dollar is going lower hummmm. I think I will start building a long position in the dollar. USD/CHF tracks the dollar index very well, I think I will start down here near itsllows.
 

Attachments

Quote from Mike Brown:

Welcome back troll. Why another username?

There should he a complete ban on your isp.

But anyway, your statement is of utter ignorance. Can you even read?

The whole world uses interbank to trade currencies, not oanda.
"Welcome back troll." Thank you! :D

"Why another username?" Let me get back to you that.

"There should he a complete ban on your isp." Yes, there should. :D

"But anyway, your statement is of utter ignorance." Really?? Which one? :confused:

"Can you even read?" Sometimes. Other times I just look at the pics :p

"The whole world uses interbank to trade currencies, not oanda."
[Makes note of it] Mike sez, the "whole" world uses interbank NOT oanda... Got it! :D Erm... does this mean that people who are not "whole" use OANDA?

Hey, since you like my writings here is a link to posts where I teach how to trade fx!

http://www.elitetrader.com/vb/showthread.php?threadid=30611

Just scroll through there until you come across my posts.

Take care,

Saham
 
Quote from jrs3:

Stocks are overpriced, commodities are stretched like a rubber band. The Fed will start a rate increase cycle very soon. Everyone says the dollar is going lower hummmm. I think I will start building a long position in the dollar. USD/CHF tracks the dollar index very well, I think I will start down here near itsllows.
jrs3: thanks for the chart! :D

Sam
 
Quote from Saham:

"Welcome back troll." Thank you! :D

"Why another username?" Let me get back to you that.

"There should he a complete ban on your isp." Yes, there should. :D

"But anyway, your statement is of utter ignorance." Really?? Which one? :confused:

"Can you even read?" Sometimes. Other times I just look at the pics :p

"The whole world uses interbank to trade currencies, not oanda."
[Makes note of it] Mike sez, the "whole" world uses interbank NOT oanda... Got it! :D Erm... does this mean that people who are not "whole" use OANDA?

Hey, since you like my writings here is a link to posts where I teach how to trade fx!

http://www.elitetrader.com/vb/showthread.php?threadid=30611

Just scroll through there until you come across my posts.

Take care,

Saham

Websters defines whole as meaning "entire"...

So, instead of doing the mature thing and admitting you were wrong and that you know nothing about forex, you try to point out a grammatical error.

...And you failed at that. You continue to make an ass out of yourself.
 
Sam,

I followed your link and checked your posts. I found a lot of posts but none that seemed to teach anyone how to trade forex. Its unlikely but it is possible that I missed the critical post.

I am assuming that the "you will win if you don't use stops" post was not the one you were intending.

Would you be kind enough to provide a direct link?

Kiwi
 
Quote from kiwi_trader:

Sam,

I followed your link and checked your posts. I found a lot of posts but none that seemed to teach anyone how to trade forex. Its unlikely but it is possible that I missed the critical post.

I am assuming that the "you will win if you don't use stops" post was not the one you were intending.

Would you be kind enough to provide a direct link?

Kiwi
kiwi_trader: Pls repost that post here and I will tell you.

Sam
 
EUR/USD just shot from 1988 to 2028 back to 1982 and now is currently at 2006...... going to have a lot of pissed off people getting blown out of stops tomorrow!

NYCDT
 
Back
Top