All Forums | Investments

Jan forex thread..

Participants:
Search
Views: 4846
Posts: 117
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #51
Good trade, already in the bag. She even dropped almost 100 more.
 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #52
Good move there Wall...you couldn't have picked the top any better!
 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #53
Wall...do you bother with any of the exotic currencies?  That USD/ZAR has been on a bull run since the start of the year and still trending upward.
 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #54
Buck...

Do you use the Aroon Up/Down indicator in conjunction with your DMI?  I was noticing that the location of the Aroon cross helps compliment the DMI cross AND confirm the trend directions.  Do you have any feedback on that thought?  Thanks


 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #55
Coondawg,

I try to steer clear of big spreads, not sure how wide the spread is on that one..I stick to the mains usually..so the EU or the AU or the Lb.yen etc etc.

Next entry on the EU will be 100 higher, at 1.3625, not saying it gets there today of course.
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #56

https://img710.imageshack.us/i/eu122.gif/

person i havent tried that,ill take a look..above is a look at my MT4 setup i like its a Eu/US 4hr chart..as you can see its ripe for a sell and Wall is spot on for an entry..i wasnt around to see market close or the posts from you guys but a sell order first thing Sunday looks good to me

 

 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #57
Sorry that should say HAVENT..Wall could you please..thx pal
 
Prospect
Participation Meter
Joined: Sep, 2007
Posts: 364
Posted: #58
you guys seem to be very knowlegable about all this market stuff. I dont want to ruin any of your great work . I have some questions though. first when you are making buys and sells or what ever are you able to follow the price all day? I mean i work crazy hours how would i know if it was time to sell and what kind of time lines would i have not to miss the best time to buy or sell? thanks Ill try to follow along and learn
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #59
Rev open a practice account[its free]and come back in here and we will go over some basics
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #60

Selln EU here getting an ADX/DI..RSI just over 68......this is from a daily chart

entry 1.690

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #61
buck,

EU which counter?

I just now noticed the LB.Yen took a swan dive last night.


 
Prospect
Participation Meter
Joined: Sep, 2007
Posts: 364
Posted: #62
a practice account? where do they have that? and thanks very much buck
 
Banned
Participation Meter
Joined: Sep, 2007
Posts: 3720
Posted: #63
you can open a practice account at forex.com or any other forex site. just google a couple. also you should go to www.babypips.com and do the babypips school to get a good base to start with before trading
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #64
Wall theats EU/US...just left out the 3...should read 1.3690
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #65
Quote Originally Posted by bucknuts:

Wall theats EU/US...just left out the 3...should read 1.3690


Gotcha..you have a better starting spot than I do.

I think we get our 100 (or whatever you are targeting) with little problem.


 
Prospect
Participation Meter
Joined: Sep, 2007
Posts: 364
Posted: #66
i am learning as i am reading the posts here so what you guys are making like 7-13cents a share is that the goal?
 
Captain
Participation Meter
Joined: Oct, 2005
Posts: 8951
Posted: #67

The daily looks good Wall RSI skimming across 70...

Rev it depends on the size of your account and the number of lots being traded...not sure what the price of a pip is now in a mini...open a standard practice account with 50k...what company are you looking at trading with?

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #68
Added at .3750 earlier..


 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #69
Bullish Day for the US$ ahead (great GDP numbers posted).....here comes your correction for the Euro Wall and Buck , enjoy the show

 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #70
Large POMO day to end the week ($7-9B)

 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #71
I wonder if anyone here got in on that 8:35am 5m spike...that first hour of 5m candles are nuts
 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #72
Ok...lets have some fun with this....a little over under 

Today closing:  1.3520       I shall take the under just for the fun of it

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #73
I would say the over too..

But if my limit hits at 1.3525 then I wont be too miserable about it.

buck, you are almost 100 to the good now on your trade.
 
Rookie
Participation Meter
Joined: May, 2007
Posts: 668
Posted: #74
Yes that would be nice Wall, what, a 225 pip trade right.

Honestly, how far did you think the pair could move today?

I was thinking that the sentiment today would be take the chips off the table and the short play would have momentum going into the weekend.  But it turns out the majority is sticking with the long side. The dollar is cheap these days.  And everyone is going TA. But then that wasn't much of a move considering the impact the news should have had.  Oh well, just another 100 pip day I guess...

Have a great weekend ladies and gentlemen
 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58463
Posted: #75
dawg,

It would be a 325 pip trade..

The first lot would return 100, the second would return 225.


All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Betting News
Podcasts
Responsible Gambling
Betting Sites
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Office Pools
The Covers community has
810,221
lifetime members worldwide
Covers 30 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
21+
Gambling problem? Call 1-800-GAMBLER
Help Privacy Privacy Choices Terms of Service Cookies Sitemap Forum
Covers is verified safe by:
Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo
Covers Logo
Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.