EUR/USD
Membre depuis Sep 12, 2015
posts 1948
Jan 20, 2016 at 00:45
One of my students did well today,58 points out of 80 on eur/usd perfect entry,she set a profit limit as she was at work!
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 21, 2016 at 22:45
Today I missed the news by 1 min still I caught the last 20 points later on,you can read my other posts just before the ECB conference.I was reading a good post on Dailyfx which confirmed my bearish outlook.If you have an interest in eur/usd look at the 10yT note compared to it.More news tomorrow,07.45 GMT ECB.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 25, 2016 at 14:34
(édité Jan 25, 2016 at 14:42)
Some pick up on Eur/Usd today thanks to Gold futures,weakness in stocks ,Oil dropping off after last weeks gains,Eur bouncing off the moving averages,not much other major news today.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 26, 2016 at 21:52
Just closed out of a buy order @ 860 ,in profit,I had text alerts set on levels of support,useful when your busy doing research,later we have AUD CPI then open market committee rate decision at 7 pm GMT,will see what happens over night in the Asian market.
"They mistook leverage with genius".
Membre depuis Dec 11, 2015
posts 1487
Jan 27, 2016 at 13:26
I am amazed that you can make a profit in this range to be honest. To me EUR/USD is almost untradeable at the moment.
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 14:28
Take for instance today we have the FOMC meeting,most of the time we see a bullish move into such an important event,all morning EUR/USD has been moving higher,at 1.30 we got a turnaround,Im sure you know 1.30 is an important time,if it pulls back more than 15 points,which it did,its more than likely to go lower.Might see a bounce off 880 then move higher again,one thing about trading in a slow moving market set your alerts and look at other possible trades.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 14:38
Getting some support @880 lets see if it has any strength,im long from this position with a tight stoploss,if I'm wrong no big loss.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 15:34
Hit my stop loss at 875,I will wait to re enter at 3.45-4.00 if I see support.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 18:31
We got 10 points before it moved lower,some support at 865 for now,30 mins to the main event of the day,if we move lower before the meeting I expect a bullish move after.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 18:59
4 mins to FOMC ,Im long with a tight stop loss,I think bullish is on the cards afterwards.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 19:09
Dovish tone as expected,bullish move on eur ,the sell off before hand was a give away,plus the effect the rate increase has had.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 19:23
50 points trade,if we retest 860 might take another long.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 27, 2016 at 19:34
Incorrect statement from MarketWatch,unchanged from FOMC.
"They mistook leverage with genius".
forex_trader_300527
Membre depuis Jan 24, 2016
posts 2
Jan 28, 2016 at 07:31
Nice trading!! What about the 860 level catches your eye? Intra-day levels or the mass cluster of support on the daily?
Membre depuis Sep 12, 2015
posts 1948
Jan 28, 2016 at 18:40
Short @967 with a tight stop loss,if we move above this level we will hit 975 last spike.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 28, 2016 at 18:45
If 975 handle holds,we could see a round trip back to 780,news dependant,keeping a close eye on oil news,rumours of a cut in output but,I highly doubt it in this market.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 28, 2016 at 19:04
TElphee posted:
Nice trading!! What about the 860 level catches your eye? Intra-day levels or the mass cluster of support on the daily?
4hr chart goes back to the 19th support level,I trade on the 1hr and 4hr charts around news I ignore support levels,after news technical levels come back into play.
"They mistook leverage with genius".
Membre depuis Sep 12, 2015
posts 1948
Jan 28, 2016 at 19:07
Build up of orders at 962,we should get a strong pop in one direction then a reversal.
"They mistook leverage with genius".
forex_trader_300527
Membre depuis Jan 24, 2016
posts 2
Jan 29, 2016 at 10:33
Hmm very interesting. I find your strategy of ignoring s/r very professional. You obviously know your stuff. As a new trader I admire the fact you have real wall street experience. I can only dream of those opportunity's. I understand this is your journal and you may request I not post on it.
Do you think finance is a career worth pursuing? I currently hold a track record of about 4% a month. Trading is my calling but I refuse to pay silly college prices when in time I can create my own wealth. Your thoughts?
Do you think finance is a career worth pursuing? I currently hold a track record of about 4% a month. Trading is my calling but I refuse to pay silly college prices when in time I can create my own wealth. Your thoughts?
Membre depuis Sep 12, 2015
posts 1948
Jan 29, 2016 at 13:01
TElphee posted:
Hmm very interesting. I find your strategy of ignoring s/r very professional. You obviously know your stuff. As a new trader I admire the fact you have real wall street experience. I can only dream of those opportunity's. I understand this is your journal and you may request I not post on it.
Do you think finance is a career worth pursuing? I currently hold a track record of about 4% a month. Trading is my calling but I refuse to pay silly college prices when in time I can create my own wealth. Your thoughts?
Eur/Usd is the only pair I trade,it's technical most of the time apart from news releases,you can trade as many pairs as you like,but how many do you know the behaviour of,I make my profits on high certainty moves on longer time frames,if it's stuck in a range I set alerts and do some research,I look at other market indicators to get an over all picture.
Your welcome to post ,I post some of my trades usually before hand or I post what I think may or may not happen next.
4% a month is pretty good for someone with little experience.
Is a career in finance worth pursuing?Any background experience you can get in Finance will certainly help you,it's something you have to decide yourself,depends on a lot of factors.
"They mistook leverage with genius".
