Tradex Forex Journal

[destriero]

Stopped out.
Total so far: -64 pips.

We're not worthy!

 

[Tradex]

We're not worthy!

The insecure compete against other people. The confident compete against themselves.

 

[Tradex]

I am currently watching the price action on the GBP/NZD.

I really, REALLY don't like to mess with that wild beast but if my system gives me a trading signal I have to take it without hesitation.

 

[Tradex]

GBP/NZD is now testing the 38.2% Fibonacci intraday level.

 

[newwurldmn]

We're not worthy!

He’s down 100pips. That’s less than the SPX today!

 

[Tradex]

He’s down 100pips. That’s less than the SPX today!

You mean UP 100 pips.

That 0.51% move actually represents a 51% daily move due to Forex leverage (assuming the usual 100 to 1 leverage).

 

[newwurldmn]

You mean UP 100 pips.

That 0.51% move actually represents a 51% daily move due to Forex leverage (assuming the usual 100 to 1 leverage).

Oh minus means up on a long.

 

[Tradex]

Oh minus means up on a long.

Who said anything about long (or short)?

Anyway, did you make some money on SPX?
Because I sure didn't see any comment from your part about that trade, let alone a specific buy/sell entry point and a stop.

Funny how traders just love to post after-the-fact comments just to contradict their fellow traders and look smart.

Anyway.

 

[destriero]

You mean UP 100 pips.

That 0.51% move actually represents a 51% daily move due to Forex leverage (assuming the usual 100 to 1 leverage).

Up 100 pips on what?

 

[newwurldmn]

Who said anything about long (or short)?

Anyway, did you make some money on SPX?
Because I sure didn't see any comment from your part about that trade, let alone a specific buy/sell entry point and a stop.

Funny how traders just love to post after-the-fact comments just to contradict their fellow traders and look smart.

Anyway.

Oh man, I just realized that I forgot to mention the buy price!!
It was long AUD/NZD at 1.0710, terribly sorry guys!