YM Traders

Quote from Rickshaw Man:

I will do this one more time from one account, dont ask again.
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Oops, i am really get myself into trouble. am i not? Thank you for showing me a FX statement here. A YM trade statement would be better but anyway that will do. I was going to shut up but i still think a thank you for the pic is needed.

I am a very poor trader with a tiny account. Thank you for the understand i am not going to show it. If you insist i can only show you a few of my breakfast bills. Small stuff, as you could see i can't afford 2 LCD screens.

No offence, don't want get into trouble.

A learner
 
Quote from esu2:

What do you mean by "good carry trade" ?
Are you swing trading these for several months ?

How do you determine the trend
and what stops do you usually use ?

Thanks
esu2



I trade in and out of currencies that are good carry trades, right now GBP,USD,AUD are good long carry opportunities. IMO USD looks the best. Hope this answers your question.
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This really is a forum for YM traders, I recommend you buy this book, or check it out at your library, I checked it out at my library this is how I educated myself on FX. Its by Reuters and is very informative.

http://www.amazon.com/gp/product/04...1?v=glance&n=283155&n=507846&s=books&v=glance
 
Quote from Rickshaw Man:

YM daily chart. again volume on the leg up sure is weak.
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Not many sellers. They know its going to go a lot higher... looks like they are holding back on selling.
 
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