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Ill just end up walking in the cold November.....FOREX

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Captain
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Posted: #1
AUD closing in on 92 now.....lets get this one over with and head into the weekend holding no contracts
 
Captain
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Posted: #2
Taking a shot on USD/CHF.....two hr DMI cross and 4hr could follow....1.0168 no limit just yet
 
Captain
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Posted: #3

Thats a buy BTW

 
Captain
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Posted: #4
 
Captain
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Posted: #5

That thing was going nuts.....tried to get out for 30 ended up with just over 26....that should be good for a bunch more looking at the chart but im dead tired and must go to sleep and i still got AUD...

 

Wheres everybody at??Ill check in when i wake up this afternoon

 
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Posted: #6
hey guys, been out for a while (always trading though) just havent had the time to post, etc...  looks like everbody's been doing well!  thats awesome.  hard to believe it is november already
 
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Posted: #7
buck, when are you switcing to daily charts?  i think that is the best timeframe if you can handle to possible big swings.  right now i still trade mainly off the 4hrs, sometimes the daily, i even check the weekly to make sure im not near a weekly resistance/support level!
 
Captain
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Posted: #8

Sorry for taking so long to reply Pop on nights again this coming week so i keep the same schedule....im looking to make a switch to dailys when i can devote more time....i look over just about every chart b4 i enter my trades now just found the crosses on the 4hr to be easiest for me to trade with the time and money i could invest.....i have the money now just not the right time....i been saying for months i want to trade for a living and i think i can do it...

Ive had to do a few things and have spent a nice chunk of money having some work done to the house so im going to keep working right now and try to build the account big enough to withstand anything the market can throw at me and the dailys offer bigger rewards with more risk of course...ive said several times i cant trade using stops and i dont plan on trying it...ever..so i want to have all my ducks in a row b4 i walk away from my job and put my family in a tough spot

 
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Posted: #9
what size account you plan on having to trade for a living?
 
Captain
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Posted: #10

Id like to have 100k at least....i dont want to be taking $$$ out of my account that will affect my margin

 
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Posted: #11
no prob!  yeah makes sense to me
 
i would say about 100k also.. right now im trying to build up the account shooting for 10% return per month.  with 100k that would be 10k/month and enough for me to feel comfortable leaving my job.
 
one thing i've learned is that this is no get rich quick game...you really need to put the time and effort into it and i would say it takes years to become a good trader (ive been doing it now for about one year and i feel like i am just now starting to get a nice grip on things)
 
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Posted: #12

You can do really well if you can put in the time....i just dont have it right now...im looking to be able to squeak out three trades a week the way i trade now..or make the switch to dailys and get in one maybe two trades per week...looks as though i should be able to go for 50 pips per trade off dailys and when everything lines up right in the charts and im watching ,maybe even more

I will be taking the rest of my vacation time in December for a practice run....if i can be up to watch the market from 7am-11am i think i can get a trade per day off the 4hr charts....seems to be one good cross per day at that time...i really just want to go for it now but its not about me anymore[kids]...so ill wait and when i feel i got a big enough roll ITS ON

 
Captain
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Posted: #13

A few hrs b4 open here but im scanning the charts now....

I like USD/JPY here 8980-60 has held last few times its been tested had a dip 11/1 lower but this has been good support....lets see how it opens

Also like EUR/JPY for a buy here looking at he 4hr....will wait 2 see how things open

 
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Posted: #14
 
Captain
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Posted: #15

Quote Originally Posted by ChoctawKid:

 

Hey WHYT you come over here to learn how to make $$$$ or just talk more shit????

 
Captain
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Posted: #16
in jpy 8986....looking for 20
 
Captain
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Posted: #17

Well it only took two weeks but i made AUD give me what it owed me....

Almost got my limit in JPY been within 3 pips of my limit several times here...EUR/JPY woulda been the better choice cause i wouldve been out in like 20 mins but its gonna come

Im off to work ill be back in around 7-8am....GL this week fellas

 
Captain
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Posted: #18

ANd just like that its money folks

 

Talk shit now BITCH

 
Covers Linesmen
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Posted: #19
Buck, I boxed him for bringing that crap here, let's try to leave the combative stuff out if possible.
 
Captain
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Posted: #20

Sorry man hes a real POS...been stalking me for months all because i said the Celtics would loseand they did

See ya later Wall

 
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Posted: #21

Got off work kinda early tonight....looking over the charts....EUR/JPY was good for 90+ pips and USD/JPY good for 40 or so

Dont like anything at the moment but there could be a few ready for 8am....ill check back in around then to see if we can squeeze one in b4 bed

 
Captain
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Posted: #22

Still nothing in the charts id like to trade....looks as though we could see some crosses come through in a few hrs but ill be sound asleep...Im gonna crash now and scan the charts when i get up

Things ill be looking for....

EUR/USD looks like a DMI ADX cross is coming

Bottom bottom in USD/CHF

DMI ADX cross in GBP/USD

DMI ADX in AUD/USD

DMI cross in EUR/JPY

DMIs and ADX lines all coming to a cross in EUR/GBP

 

 
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Posted: #23

Im actually gonna take a shot here on GBP...its crossed on the hr chart....DMI sliding along the ADX on the 2hr...and DMI heading for an ADX cross on the 4hr...

 

Sell here 1.67925......looking for 20

 
Captain
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Posted: #24
Par for the course....i pull the trigger and it jumps 10-15 pips....see you guys when i get up
 
 
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Posted: #25

So hard to turn off forex when youre in a trade...GBP popped and is now slipping....got to within 2 pips of my limit several times in the last 15 mins....had i waited 2 mins to jump in id be out....but its coming[i hope]we got some news middle of the week that WILL move this pair so lets hope im out b4 then...ok this time im really going to sleep

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