Posted:
#26
Out with +$44..it tried to push lower but the most i was up only reached $60 sum bucks.I think they run it up to 1.2570s again..if they do ill enter another short there.
Forex April-May 2017
Posted:
#31
Yeah you arent kidding, this reminds me of some good times not so long ago.
I am noticing though that the moves are muted compared to what I remember not so long ago...I pulled up a chart on the LB/Yen and sheesh it has such a narrow range, I wonder if that is because US trading is down and margin rules are tighter...so less swings?
Posted:
#35
So much for going into the weekend flat..im gonna hold this unless theres a push in the next few hours,pair literally got to within a few pips of me being even before i finally passed out.The spreads were horrible last night,seemed like every move up was stalled by wide spreads.When coming down i saw the spread as tight as .04 but every single time the pair would hit 115.70 the spread was 4-6 pips on my pair,i saw the buy at 115.76 and sell was 115.694..Im guessing that has to do with the lack of folks trading due to holiday??
Posted:
#36
Wall jump in Oanda,you can deposit via debt card and it shows up in mins..Only drawback is the monthly limit you can deposit which isnt a problem if you plan on trading for a dollar a pip.However you fund account is how you have to withdrawl as well,which again a credit to a debit card is prob faster than the 3 day wire transfer but i dont know what their fee is on withdrawal (im sure there is one though).
Posted:
#37
Went to dinner and had a few drinks with the wife,one of the rare Fridays with no kids..woke up after a few hour nap.I have something nagging me and maybe its just a few too many stellas but i gotta say it.My last two trades have been made from my oanda demo platform..i requested a transfer from my TD account Thursday.Not a big deal really and i dont even know if anybody else wouldve known either but still.I honestly planned on just posting trades until i fund my account again this week or asap with the bank holidays.
Im gonna work my open trade as if my account depends on it.
I dont and never have ran a tally in our threads,no win loss records or any of that.I didnt start a thread to garner any attention,most of the time theres two or three folks including myself active in these threads.Im trading with or without the thread but it never hurts to hear other opinions.I enjoy trading and sports and thats brought me to the site the first time way back when..Not sure many people other than Wall will even read it but thats ok.My apologies yall,wasnt trying to mislead or inflate stats or any of that crap.
Posted:
#38
Just got back home after a pretty shitty weekend..my fav uncle growing up is in ICU.He was in a car accident a few yrs back never really fully recovered.I still remember getting the call we were in Florida at the time and i was really expecting him to pass before we got back home..he toughed it out and has had some close calls but this time hes not expected to make it through.Hes a good man and was a good husband to my moms sister.
Im still having issues getting to this forum from my galaxy edge 7..any tips for that would be appreciated.Ive even tried just doing a search on google for the forum or a particular thread and no luck.
Eu/Jpy turned around..im gonna close the trade here just call it +50 pips.Im waiting for my father in law to return home from Tennessee to see if he has the cord i need to turn on my old laptop so i can move my old MT4 program onto a flash drive and put that on my current laptop.Oanda has MT4 but i had a bunch of indicators on my old platform id like to have again once im up and running.Im not expecting to be back and trading with funds until early/mid next week.
Wall i noticed you said Oanda doesnt allow debit card deposits but it still lists that as an option on their site for US customers?I searched funding options for them and gain cap/forex.com and both have that option listed.Oanda shows debit card,bank wire,check and ACH deposits available for US customers..i havent called to talk to a rep yet but thats the info see out there.I will be using wire method no way to trade standard lots on the cap they have on debit card deposits but i thought that it would be fine for 10k lots if anybody was going that route.
I will post when i see something i like.
Im still having issues getting to this forum from my galaxy edge 7..any tips for that would be appreciated.Ive even tried just doing a search on google for the forum or a particular thread and no luck.
Eu/Jpy turned around..im gonna close the trade here just call it +50 pips.Im waiting for my father in law to return home from Tennessee to see if he has the cord i need to turn on my old laptop so i can move my old MT4 program onto a flash drive and put that on my current laptop.Oanda has MT4 but i had a bunch of indicators on my old platform id like to have again once im up and running.Im not expecting to be back and trading with funds until early/mid next week.
Wall i noticed you said Oanda doesnt allow debit card deposits but it still lists that as an option on their site for US customers?I searched funding options for them and gain cap/forex.com and both have that option listed.Oanda shows debit card,bank wire,check and ACH deposits available for US customers..i havent called to talk to a rep yet but thats the info see out there.I will be using wire method no way to trade standard lots on the cap they have on debit card deposits but i thought that it would be fine for 10k lots if anybody was going that route.
I will post when i see something i like.
Posted:
#39
Yeah I dont know where I came up with that, I was reading a few forums and some people mentioned debit was not allowed anymore plus I remember FXCM wasnt allowing credit cards, just bankwire.
I am more bothered with the speed of funding and the spreads and the availability of products...meaning pairs, commodities etc.
With wide spreads unless you are using lesser margin, you can be stopped out of a trade with a spread jump and it will reverse on you before you can take action because the funding time is delayed.
I dont know...
Posted:
#40
You could be right,i havent called to see just what the funding options are yet.I could get by with just the majors and crosses as far as variety goes..I would think a 5k deposit is more than enough to trade for $1 pip,you think thats a bit tight?
Looks like this could be a mini turning point on most pairs,not sure how to read these just yet honestly.If it is the turning point pulling a fib on Eu/Jpy means i couldve rode until at least 117..and 117.70+ if going for 38% retrace.
I for sure wont be adding to any position only down 50 pips,had i waited for 100 pip drop and then rode it up thats a great trade.
Using the daily,8 and 4hr charts to select trades,all the charts look like some continuation of moves that started Sunday to me.
Looks like this could be a mini turning point on most pairs,not sure how to read these just yet honestly.If it is the turning point pulling a fib on Eu/Jpy means i couldve rode until at least 117..and 117.70+ if going for 38% retrace.
I for sure wont be adding to any position only down 50 pips,had i waited for 100 pip drop and then rode it up thats a great trade.
Using the daily,8 and 4hr charts to select trades,all the charts look like some continuation of moves that started Sunday to me.
Posted:
#42
Well that news on the GBP moved things, plus this war garbage is turning risk off a little bit, so the Yen gets bought and equities drop some...bonds get bid, the usual reaction.
I would love to get a long GBP position and sit on it for a few years, it will likely go back to 1.40 but I am not going to do that and also likely fight a negative vig on top of it.
I think I would need more like 10k, maybe more because when I was most successful I could leg into a position and not get squeezed by buying big and then getting whipped around. With limited margin and wide spreads I dont know how much powder you would need to handle a swing. How much are they requiring you to hold on a full lot on your current trade?
I seem to remember the EU.Yen is a higher margin much like the LB.Yen is...anything not the US.EU or US.Yen seemed to have higher margin requirements and it has gotten worse since I was trading with the FXCM mess right?
Posted:
#43
Yeah but its not that bad..$2400ish for some of those pairs Wall.
I think you must have at least 20 to1+ behind ya so even having to avg once its not that scary.I saw the limit on debit card transactions being 10k,if they allow US customers to do those still.So trading for $1 pip youre looking at having $240+ wrapped up in lots,thats not that bad...10k is more than a big enough safety net IMO..esp if your gonna ease into positions and work your way up,say starting at .50 a pip..with the moves being a bit subdued now it would take a catastrophic event to really shake things up..
I bought that pair and went back to bed,huge mistake lol.Had i been up for the day i couldve caught another at .8300 and been on profit side right now.Def should have scanned the news feed first before hopping in here but this is a workable trade.This move today is not normal for this pair so ill let things settle down a bit and see what i can do...
I think you must have at least 20 to1+ behind ya so even having to avg once its not that scary.I saw the limit on debit card transactions being 10k,if they allow US customers to do those still.So trading for $1 pip youre looking at having $240+ wrapped up in lots,thats not that bad...10k is more than a big enough safety net IMO..esp if your gonna ease into positions and work your way up,say starting at .50 a pip..with the moves being a bit subdued now it would take a catastrophic event to really shake things up..
I bought that pair and went back to bed,huge mistake lol.Had i been up for the day i couldve caught another at .8300 and been on profit side right now.Def should have scanned the news feed first before hopping in here but this is a workable trade.This move today is not normal for this pair so ill let things settle down a bit and see what i can do...
Posted:
#49
Its over $9 a pip Wall on that pair..i def couldve rode it down for more but im happy to just be correct in identifying a good trade right now.I think the low was 139.18ish..
I did a search on top brokers and Oanda is always close in every article ive seen..forexfactory.com has a nearly 300 page thread talking about Oanda.I havent read it all but ive scanned thru it i think it goes back to 2005 and most of the traders say theyre the best for US customers.Granted if you skim thread youre going to find guys accusing them of stop hunting and all that jazz but these guys are fools placing stops on support lines,pivot points,and moving averages its like they dont even understand the game at all.
I did a search on top brokers and Oanda is always close in every article ive seen..forexfactory.com has a nearly 300 page thread talking about Oanda.I havent read it all but ive scanned thru it i think it goes back to 2005 and most of the traders say theyre the best for US customers.Granted if you skim thread youre going to find guys accusing them of stop hunting and all that jazz but these guys are fools placing stops on support lines,pivot points,and moving averages its like they dont even understand the game at all.
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