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    All Forums | Investments

    APRIL FOREX I

    «First Previous 12
    wallstreetcappers
    rick3117
    popinjay
    sjewell29
    bucknuts
    Participants:
    Search
    Views: 905
    Posts: 44
    «First Previous 12
     
    wallstreetcappers
    wallstreetcappers
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    Joined: Feb, 2003
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    Posted: Apr. 8, 2009 - 6:39 PM ET #26

    Nah I try and avoid the CNBC network completely, but if they had some serious Forex coverage I might be more inclined.
    Reply
    Nah I try and avoid the CNBC network completely, but if they had some serious Forex coverage I might be more inclined.
     
    rick3117
    rick3117
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    Posted: Apr. 8, 2009 - 6:48 PM ET #27

    squawk asia,  australia are alright, 
     
    more targeted towards options and forex
     
     i hear that xm has a forex channel too.
     
     
    Reply
    squawk asia,  australia are alright, 
     
    more targeted towards options and forex
     
     i hear that xm has a forex channel too.
     
     
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 8, 2009 - 7:00 PM ET #28

    Quote Originally Posted by rick3117:

    squawk asia,  australia are alright, 
     
    more targeted towards options and forex
     
     i hear that xm has a forex channel too.
     
     


    really?

    I had XM and they had CNBC and Bloomberg but I dont recall a Forex channel.
    Reply
    Quote Originally Posted by rick3117:

    squawk asia,  australia are alright, 
     
    more targeted towards options and forex
     
     i hear that xm has a forex channel too.
     
     


    really?

    I had XM and they had CNBC and Bloomberg but I dont recall a Forex channel.
     
    rick3117
    rick3117
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    Posted: Apr. 8, 2009 - 7:49 PM ET #29

    someone said they had one in the fxstreet chat i was in earlier.
    Reply
    someone said they had one in the fxstreet chat i was in earlier.
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 8, 2009 - 7:53 PM ET #30

    rick,

    I just looked on the channel list and nah the only two biz channels are CNBC and Bloom..I wish they had one.

    I was checking out this forexfactory site, I have plenty of reading to do there..might join it as well.
    Reply
    rick,

    I just looked on the channel list and nah the only two biz channels are CNBC and Bloom..I wish they had one.

    I was checking out this forexfactory site, I have plenty of reading to do there..might join it as well.
     
    rick3117
    rick3117
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    Posts: 14715
    Posted: Apr. 8, 2009 - 8:09 PM ET #31

    what are the benefits of joining.  forexfactory??? the only one im paying for is redoption and that is free for 3 months, i will probably quit once the trial period is over. 
     
    they have decent suggestions, but are kind of hit and miss on their analysis, no different than the free sites really.  just more concise. 
     
    hey,  while im thinking of it too. 
     
    i got my internet rebate from thinkorswim today 40 dollars
    and i got my stuffed monkey in the mail
    Reply
    what are the benefits of joining.  forexfactory??? the only one im paying for is redoption and that is free for 3 months, i will probably quit once the trial period is over. 
     
    they have decent suggestions, but are kind of hit and miss on their analysis, no different than the free sites really.  just more concise. 
     
    hey,  while im thinking of it too. 
     
    i got my internet rebate from thinkorswim today 40 dollars
    and i got my stuffed monkey in the mail
     
    rick3117
    rick3117
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    Posted: Apr. 8, 2009 - 8:19 PM ET #32

    have you seen this site wall  
    Reply
    have you seen this site wall  
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 8, 2009 - 8:33 PM ET #33

    I looked at that site today, if the ForexFactory is a pay site I wont join...
    Reply
    I looked at that site today, if the ForexFactory is a pay site I wont join...
     
    popinjay
    popinjay
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    Posted: Apr. 9, 2009 - 7:35 AM ET #34

    been busy at work lately, havent had time to check in and out at night...
     
    still holding my shorts of EUR/USD and GBP/USD... managed to cover them and get back in about 25 pips higher so looking pretty good right now.  other than that havent been able to make any other trades.
     
    a forex channel would be cool
     
    rick, you got a stuffed monkey from them?  LOL
     
     
    Reply
    been busy at work lately, havent had time to check in and out at night...
     
    still holding my shorts of EUR/USD and GBP/USD... managed to cover them and get back in about 25 pips higher so looking pretty good right now.  other than that havent been able to make any other trades.
     
    a forex channel would be cool
     
    rick, you got a stuffed monkey from them?  LOL
     
     
     
    rick3117
    rick3117
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    Posted: Apr. 9, 2009 - 10:11 AM ET #35

    yeah,  its pretty cool looking, its hanging behind my bar,
     
    so far i am very impressed with them,  fast deposits and withdrawls. (unlike 50% of the sportsbooks ive used) 
     
    fair spreads,  great software, detachable charts,  good up to the minute streaming news. and i just found a chat option that allows you to chat with other traders during the day.
     
    they also do live training, with live audio and powerpoint etc.  yesterdays lesson was on seasonal support and resistance.
     
    a big plus for me was being able to move funds between trading accounts because in the future i want to set up a retirement fund with them.  they offer 3 free mutual fund trades a month. 
    Reply
    yeah,  its pretty cool looking, its hanging behind my bar,
     
    so far i am very impressed with them,  fast deposits and withdrawls. (unlike 50% of the sportsbooks ive used) 
     
    fair spreads,  great software, detachable charts,  good up to the minute streaming news. and i just found a chat option that allows you to chat with other traders during the day.
     
    they also do live training, with live audio and powerpoint etc.  yesterdays lesson was on seasonal support and resistance.
     
    a big plus for me was being able to move funds between trading accounts because in the future i want to set up a retirement fund with them.  they offer 3 free mutual fund trades a month. 
     
    popinjay
    popinjay
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    Posted: Apr. 10, 2009 - 10:10 AM ET #36

    looks like all the forex traders are out for the holidays... very little action and lots of small choppiness.
     
    i dont want to hold my short over the weekend so i covered both my EUR/USD and GBP/USD for a total just shy off 900 pips!
     
    could have been more than double that if i had averaged in at the tops like i wanted to, but i was too scared and didnt want 8 lots going at once!
     
    still like the GBP/USD to come down a lot more, so i will probably be getting back in on sunday or monday. 
    Reply
    looks like all the forex traders are out for the holidays... very little action and lots of small choppiness.
     
    i dont want to hold my short over the weekend so i covered both my EUR/USD and GBP/USD for a total just shy off 900 pips!
     
    could have been more than double that if i had averaged in at the tops like i wanted to, but i was too scared and didnt want 8 lots going at once!
     
    still like the GBP/USD to come down a lot more, so i will probably be getting back in on sunday or monday. 
     
    sjewell29
    sjewell29
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    Posted: Apr. 10, 2009 - 1:21 PM ET #37

    900 pips!!!!! Good job pop. I'll have to check out that GBP/USD later too....
    Reply
    900 pips!!!!! Good job pop. I'll have to check out that GBP/USD later too....
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 10, 2009 - 1:41 PM ET #38



    Thats a ton of pips!


    Reply


    Thats a ton of pips!


     
    popinjay
    popinjay
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    Posted: Apr. 10, 2009 - 1:52 PM ET #39

    not bad for a weeks work
     
    sjewell, are you using the $25 FXCM free account or a different practive account?
     
    i do like the USD to continue to strengthen next week and also the EUR to weaken on talk of lowering interest rates and quantitative easing. i also like the EUR/USD and GBP/USD to go down based on technicals too
    https://www.dailyfx.com/story/dailyfx_reports/daily_technicals/Dollar_Rally_Expected_to_Continue_1239376598178.html
     
    BH also currently bearish for both the EUR/USd and GBP/USD
     
    Reply
    not bad for a weeks work
     
    sjewell, are you using the $25 FXCM free account or a different practive account?
     
    i do like the USD to continue to strengthen next week and also the EUR to weaken on talk of lowering interest rates and quantitative easing. i also like the EUR/USD and GBP/USD to go down based on technicals too
    https://www.dailyfx.com/story/dailyfx_reports/daily_technicals/Dollar_Rally_Expected_to_Continue_1239376598178.html
     
    BH also currently bearish for both the EUR/USd and GBP/USD
     
     
    popinjay
    popinjay
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    Posted: Apr. 10, 2009 - 1:54 PM ET #40

    also, i requested a WD from forex.com earlier today, will let you guys know when it comes in to contribute to our comparisons of features and services of brokers.
    Reply
    also, i requested a WD from forex.com earlier today, will let you guys know when it comes in to contribute to our comparisons of features and services of brokers.
     
    popinjay
    popinjay
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    Posted: Apr. 10, 2009 - 1:57 PM ET #41

    https://www.dailyfx.com/story/dailyfx_reports/daily_fundamentals/US_Dollar__Japanese_Yen_Benefit_1239384541194.html
     
    additional support for a stronger USD and possible weaker EUR and GBP
    Reply
    https://www.dailyfx.com/story/dailyfx_reports/daily_fundamentals/US_Dollar__Japanese_Yen_Benefit_1239384541194.html
     
    additional support for a stronger USD and possible weaker EUR and GBP
     
    bucknuts
    bucknuts
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    Posted: Apr. 10, 2009 - 3:01 PM ET #42

    Nice trade Pop!!!!!!
     
    Ive been told its better to get the WD requests in as early as you can...not sure how they process but the earlier the better...and its Friday so if they dont process today they may not work on it again until Monday because of banks being closed?
     
    See you guys Sunday
     
     
     
     
    Reply
    Nice trade Pop!!!!!!
     
    Ive been told its better to get the WD requests in as early as you can...not sure how they process but the earlier the better...and its Friday so if they dont process today they may not work on it again until Monday because of banks being closed?
     
    See you guys Sunday
     
     
     
     
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 10, 2009 - 3:11 PM ET #43

    Quote Originally Posted by popinjay:

    BH also currently bearish for both the EUR/USd and GBP/USD
     


    I am going to be a contrarian here and say I think the drop is already priced into the Euro, it has been on a death march for well over a week in relation to most pairs.


    Reply
    Quote Originally Posted by popinjay:

    BH also currently bearish for both the EUR/USd and GBP/USD
     


    I am going to be a contrarian here and say I think the drop is already priced into the Euro, it has been on a death march for well over a week in relation to most pairs.


     
     
    sjewell29
    sjewell29
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    Posted: Apr. 10, 2009 - 5:48 PM ET #44

    pop, I blew through my practice account a while ago. I didn't understand when I first started and had to many trades open at once, and went over. I know I shhouldn't be doing it, with so much still to learn, but I'm on a Micro account right now, with about 100 bucks in it. It makes it hard to walk away and try to make pips like you guys do with only that much in there. I really need to spend more time on it, along with a million other things to do too...
    Reply
    pop, I blew through my practice account a while ago. I didn't understand when I first started and had to many trades open at once, and went over. I know I shhouldn't be doing it, with so much still to learn, but I'm on a Micro account right now, with about 100 bucks in it. It makes it hard to walk away and try to make pips like you guys do with only that much in there. I really need to spend more time on it, along with a million other things to do too...
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