Posted:
#51
Thats why i like dailfx they put fib levels on the trade of the week and all that.....
check out marketinout.com its a screener but you can look at the fib levels on almost all pairs for free
1/26........Forex anybody
Pop 
Posted:
#53
Rickid love to have alittle group of guys here trading daily i was here everyday for awhile and had some regulars but the pack thinned real quick and it left me Wall @Pop....then just me and Pop as Wall was stuck in a trade there for awhile...Ive have had some family stuff here right after the holidays and my wife is having some health issues but i usually pop in here at least once a day and if theres peeps trading i try to comment..and if you have any questions ill try to help
ill be around today most of the day and ill be looking through the charts...AUD may be good for a sell here soon will have to wait and see the close of this block but if it closes the way i want we'll have a +DMI cross with the ADX with the RSI at about 70.....just like we had in GBP
Posted:
#57
Yeah..
Sorry about the time lag, not around as much as usual today.
You can invest via an ETF or via futures contracts. It would probably be easier to invest via an ETF since you have to open a futures account to do the other choice
USO tracks it pretty good, DXO is more leveraged and is lower priced.
I would probably go with USO, but that high on the DXO versus the USO makes it interesting with the extra leverage.
Sorry about the time lag, not around as much as usual today.
You can invest via an ETF or via futures contracts. It would probably be easier to invest via an ETF since you have to open a futures account to do the other choice
USO tracks it pretty good, DXO is more leveraged and is lower priced.
I would probably go with USO, but that high on the DXO versus the USO makes it interesting with the extra leverage.
Posted:
#58
[Quote: Originally Posted by bucknuts]
Looking at GBP you now have the +DMI line crossing down through the ADX with the RSI at 81.7 .......just sold at 1.43457 put a limit on this trade of 30 for $600[2lots]
I love trading in the afternoon
[/Quotebucknuts, I really hope I'm not being a pain in the ass to everybody on this thread, but I'm trying to figure out "crosses". I have the chart up here, and I see where the DMI line is coming down through the ADX line at about 9:30, but I guess I don't know what I'm looking for. It goes up and down through that line many times. It can't be a good time to buy or sell every time, can it?
Posted:
#60
yikes should have gotten out before FOMC rate decision...trading during news events sucks...EUR spiked way down because of it...still holding on, gonna see what happens, hopefully it will come back up and resume normally after this spike. not gonna average either, still not enough bankroll after my horrible trade couple weeks ago!
oh well, still in and hopefully it'll come back, might be holding for a while. maybe a good time to buy right now, but im not getting anymore than 1 lot for a little while.
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