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Forex...its FEB, lets make some $$

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Veteran
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Posted: #1
pretty slow out there right now...nothing i like
 
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Posted: #2
got a lot of USD/CAD @ 1.2399
have a bout 9 pips so far, may be hitting and running on this one
 
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Posted: #3

Out @ 1.2438    39 pips, 

not bad, have to go back to work

 
Captain
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Posted: #4
Whatrs up fellas....im in JPY on the buy here at .89614...going to get a cross it looks like going to set a limit for 40......Ill be back in the afternoon
 
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Posted: #5
jumped in because the DMI lines are crossing with the + line to the upside........missed the bottom here coulda got in the 89.40s-50s but we should see low 90.s so 40 should be fine.............no stop i will stick with this trade and wait it out if need be
 
GL to those of you who trade afternoons
 
Covers Linesmen
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Posted: #6
Man I have terrible luck with this CHF, it gets into sniff range of 1.17 and they tank it.

Come on 1.17, one time.


 
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Posted: #7
looks to me (*and I know nothing) just by looking at the Candelstick indicators (the chapter that I am On in baby pips)  that Chf is going for a breakout in the 11:00 hour.  got 2 lots @1.1447   (play money mind you)
 
 
 
Covers Linesmen
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Posted: #8
Wow..

CHF gets decimated, that is brutal.
 
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Posted: #9
Not looking too good wall, but Im still holding out for a rally.
 
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Posted: #10
New low, I am officially a forex genius..
 
 
 
Covers Linesmen
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Posted: #11
well thats what this practice account is for, right?

Cut your teeth and learn how it really works versus what we read.

Ive got a ton to learn but this practice account has been great.
 
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Posted: #12
yeah, I agree, are you checking out baby pips, that site is amazing, and it helps that the lessons are in a conversational type tone, keeps it interesting.  Not dry at all.
 
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Posted: #13
sweet sassy molassy im up a pip
 
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Posted: #14
 one lot out  @ 1.474 
about 25 pips
 
still holding one lot.
 
Captain
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Posted: #15
Hey Rick you can get a free $25 micro at fxcm.......get your feet wet trading .10 at a time..just a thought....
 
Im in JPY still got my average down to 89.38......i like a sell of CAD but i dont want to jump out of JPY just yet.....
 
Anybody around 2night????????????
 
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Posted: #16
I might try to get on around 7 ish , im leaving work here in about 15 min
 
Captain
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Posted: #17
Thats cool,ill be around most of the night....got a few Bball games to watch....Cavs and Buckeyes
 
set a limit for $650 on JPY puts me out at 89.52......but its tempting to just bail here sitting at 49 now.....
 
Cad chart has the DMI lines and ADX all coming to a point on the 4hr.....
 
 
 
 
 
 
 
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Posted: #18
whatsup fellas.. EUR came around thank god that was a close one!
 
rick, def get in your practice and sign up for that free 25 dollar account... its good practice with real money (although as you will see it is a lot different when you have your own money on the line).   patience and discipline is key!
 
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Posted: #19
... was shorting GBP for 10-20 pips on recent downswing..
 
jumped back in EUR after if came down 80 pips
 
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Posted: #20
im going to do this for a while, and then put 1000 into an account and do mini lots, probably within the next month or so.
 
I am really comfortable with the software, and service of think or swim.  Im also going to transfer my portfolio to them. 
 
 
 
 
 
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Posted: #21
wish i had went with a short in CAD....it moved up but i woulda averaged and had 4 lots at 1.23 30 or better.....
 
i like the CHF 4hr here and wil be jumping here soon on the buy....
 
Captain
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Posted: #22
In CHF at 1.1446 got in just after my last post.......gonna set a limit at just over 40 for $700.....ill check it in the am
 
Im leavig for a few days should be back Friday afternoon if not by Sunday open for sure.....GL fellas
 
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Posted: #23
gl buck... looks like you should hit that easily
 
gonna get out of EUR before sleep... couple more pips and im out with 40... just one lot still
 
 
 
Covers Linesmen
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Posted: #24
Those of you with real money accounts, have you found a source that does FAST wire WDs yet? Ive seen that some of the sites we talk about are on the CHECK system and it takes weeks, but allow deposits via wire, that makes no sense to me.

If.when I am to deposit it wont be with a domestic firm and it will need to be with a firm that has FAST and reliable WDs and the best features etc.
 
 
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Posted: #25
out with 45 pips...i think it will go up some more but ill take the 45, sleep easy, and probably go long again tomorrow on some dips.
 
wall, not sure about WD's, still working my account up.  they did have super fast deposits though
Im in forex.com... i like some of the other chart systems better, but i am used to the controls by now and i can still use the other chart systems.
 
any reason for going with a non-domestic firm?
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