11/30..Lets make some Xmas $$$$$

Mgutmans, go to www.cnbc.com and check out the contest tab.  you should see the $25 account link

haha when i first opened that thread i thought it was gonna be some sort of chase system like you always see in the sports forums lol... "100-0 system!!!!!!!!!!"

 

 

hey wall, i think the spreads are tighter in the FXCM account because it is a MICRO account.  i could be wrong, but i think i read somewhere that they spreads would be tighter in that type of account

USD/CHF is forming a cross on the 2hr and 4hr charts should see alittle pop up here......1.2065 on the buy lets see what happens

 

set a limit for 30 pips 2 lots

wish i woke up around noon i coulda been in at 1.2040....but it should still be good for my target here

BAM up 10 pips........hope this is a quick one

+18 pips come on 12 more and im out

looks like EUR/GBP is a sell again as well.......i wanted to sell one lastnight b4 bed i chickened out.....then it dropped 100 pips

 

.8520s right now

well i guess the two pairs i pointed arent going to move until after the close of the 4hr at 3pm.......still +$$$ in both pair if im not out by the time i leave for work and the charts are still looking good i may move my limit up a bit

 

 

Will update soon

just sold 2 lots of EUR/GBP at .85343 no limit want at least $500

 

hate to be in 2 trades at the same time but they both look good.....lets get that $$$$$$$$$

out of CHF with +10.4 pips......i cant leave two trades open and cause my brother wont be home for at least 3 hrs....id set a stop but why leave a chance for  -$$$$ when i can close for +++

 

 

so im leaving the EUR/GBP trade open....got two lots at .85343 set a limit for 40 pips....be back late am maybe 2-3 am off to work

jsut back from ball... anything going on here?

have a free moment at work here...went short on usd/jpy this morning sold at 92.95 im testing out this new strategy i was reading about where if all the SMA (10d, 20d, 50d, 100d, 200d) align then make a trade 5 days after the initial formation and get out when the formation breaks.  ie - if you see the usd/jpy daily charts and plot all those SMA, the 200 will be higher than the 100 which is higher than the 50, etc.  this intitiated 5 days ago so i went short this morning.  these types of trades last long (maybe 1-2 weeks or greater) but are usually worth a lot of pips.  well see what happens

wall, you are right it is a confirmation of the trend or where the trand might be heading.  if you look at the daily charts of usd/jpy, the main trend is down since mid august.  if you then place all those SMA on the chart, 5 days ago they all line up in sequence with 200day SMA on top and the 10day SMA on bottom indicating a downward trend

 

if the SMA were to line up in the reverse order with 200day on the bottom that would indicate an uptrend

 

i sold the pair which is with the main trend on the daily chart.  ADX should also be above 20 and trending upwards for this

dont see much on the 4hrs... we'll see at 11

 

my usd/jpy trade looking pretty scary right now at

-80pips, buts looking much longer term here so gonna wait it out.  meant to buy 1 lot, but accidentally bought 2...oops!

looking better, pips loss down to the teens now, gained back 60-70 pips in the last cpl hours. 

 

this is in my $25 micro account... wanted to use one lot incase it moved against me too much (like it was doing)

i am trading micro in the real account (just the $25).  have it up to almost $50

usd/jpy trade now in the plus... 90 pip reversal since ~930