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    All Forums | Investments

    March Forex II

    «First Previous 123456 Next Last»
    wallstreetcappers
    sjewell29
    popinjay
    bucknuts
    rick3117
    Participants:
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    Views: 3473
    Posts: 142
    «First Previous 123456 Next Last»
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Mar. 11, 2009 - 6:06 PM ET #76

    Ive noticed that there are a TON of systems and scams on the Forex..just like sports betting and the stock market..people looking to make a buck off people.


    Reply
    Ive noticed that there are a TON of systems and scams on the Forex..just like sports betting and the stock market..people looking to make a buck off people.


     
    sjewell29
    sjewell29
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    Posted: Mar. 11, 2009 - 7:03 PM ET #77

    wall, I just got out of that gbp/usd. I went fishing for a couple of hours, came home, and it just went down enough to make a couple pips. It's better than losing though. It jumped back up already.
    Reply
    wall, I just got out of that gbp/usd. I went fishing for a couple of hours, came home, and it just went down enough to make a couple pips. It's better than losing though. It jumped back up already.
     
    popinjay
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    Posted: Mar. 11, 2009 - 7:16 PM ET #78

    sorry rick, i missed your post.  yes BH, he posts through facebook so there is no link, but if you have an account you can add him as a friend.  there are a bunch of ppl there that discuss the eur and gbp and yes he is tout, but he gives a lot of hints and lets his general direction be known for those pair and he is usually right.  also every once in a while he will give direct trade sugestions
    Reply
    sorry rick, i missed your post.  yes BH, he posts through facebook so there is no link, but if you have an account you can add him as a friend.  there are a bunch of ppl there that discuss the eur and gbp and yes he is tout, but he gives a lot of hints and lets his general direction be known for those pair and he is usually right.  also every once in a while he will give direct trade sugestions
     
    popinjay
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    Posted: Mar. 11, 2009 - 7:17 PM ET #79

    for sure wall...all these robots that will trade for you and you dont have to do anything
    Reply
    for sure wall...all these robots that will trade for you and you dont have to do anything
     
    bucknuts
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    Posted: Mar. 11, 2009 - 7:39 PM ET #80

    I havent looked at any programs for auto trading but that something i would never do anyways....there is plenty of free info out there if youre willing to search for it dailyfx.com is a great free info site
    My last two trades have been clunkers.....got less than half my goal on JPY yesterday and i just sold EUR/GBP for $50....im working a crappy sched this week maybe next week will be better...but i will have Friday off so ill be up early
     
    GL on your trades tonight guys im getting ready to eat with the fam here then its off to work
    Reply
    I havent looked at any programs for auto trading but that something i would never do anyways....there is plenty of free info out there if youre willing to search for it dailyfx.com is a great free info site
    My last two trades have been clunkers.....got less than half my goal on JPY yesterday and i just sold EUR/GBP for $50....im working a crappy sched this week maybe next week will be better...but i will have Friday off so ill be up early
     
    GL on your trades tonight guys im getting ready to eat with the fam here then its off to work
     
    popinjay
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    Posted: Mar. 11, 2009 - 8:09 PM ET #81

    seeya buck...

    eur didnt manage to break the upper resistance of that channel and moved 50 pips down... should continue i think
    Reply
    seeya buck...

    eur didnt manage to break the upper resistance of that channel and moved 50 pips down... should continue i think
     
    wallstreetcappers
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    Posted: Mar. 11, 2009 - 8:15 PM ET #82

    Good job sjewell,

    I think it goes where I want it to..but the sucker is crazy, jumped 20 plus pips and fast.
    Reply
    Good job sjewell,

    I think it goes where I want it to..but the sucker is crazy, jumped 20 plus pips and fast.
     
    rick3117
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    Posted: Mar. 11, 2009 - 8:21 PM ET #83

    if eur/usd breaks 1.2868 it should be good for 75-100
    keep yer eyes pealed.
     
     
    Reply
    if eur/usd breaks 1.2868 it should be good for 75-100
    keep yer eyes pealed.
     
     
     
    sjewell29
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    Posted: Mar. 11, 2009 - 8:25 PM ET #84

    Had I waited a little longer, it went down to about 1.383, and i got out at 1.385, but if we knew that, everybody would be doing this. Anything looking good coming up?
    Reply
    Had I waited a little longer, it went down to about 1.383, and i got out at 1.385, but if we knew that, everybody would be doing this. Anything looking good coming up?
     
    rick3117
    rick3117
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    Posted: Mar. 11, 2009 - 8:30 PM ET #85

    likin eur/usd long
     
    will wait for entry though
     
    Reply
    likin eur/usd long
     
    will wait for entry though
     
     
    sjewell29
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    Posted: Mar. 11, 2009 - 8:40 PM ET #86

    You guys think that gpd/usd is about ready to drop again?
    Reply
    You guys think that gpd/usd is about ready to drop again?
     
    wallstreetcappers
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    Posted: Mar. 11, 2009 - 9:01 PM ET #87

    I have a buy limit in on US.Yen not far from here..she has come down quite a bit and is quite oversold..
    Reply
    I have a buy limit in on US.Yen not far from here..she has come down quite a bit and is quite oversold..
     
    popinjay
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    Posted: Mar. 11, 2009 - 9:08 PM ET #88

    wall, what are you using to determine over/undersold... i tend to use rsi, stochaics and cci.  when they all agree on the time frame you are looking at usually works out nicely
    Reply
    wall, what are you using to determine over/undersold... i tend to use rsi, stochaics and cci.  when they all agree on the time frame you are looking at usually works out nicely
     
    popinjay
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    Posted: Mar. 11, 2009 - 9:10 PM ET #89

    sjewell, it could... i think it will eventually, could come up to just above 1.4 though first tho
    Reply
    sjewell, it could... i think it will eventually, could come up to just above 1.4 though first tho
     
    sjewell29
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    Posted: Mar. 11, 2009 - 9:16 PM ET #90

    I just went in short on usd/jpy, with a little limit, came back in 2 minutes, and it was done. Wish I'd set it lower. Thanks also popinjay. It's gone higher than I thought, so I'm gonna keep my eye on it.
    Reply
    I just went in short on usd/jpy, with a little limit, came back in 2 minutes, and it was done. Wish I'd set it lower. Thanks also popinjay. It's gone higher than I thought, so I'm gonna keep my eye on it.
     
    wallstreetcappers
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    Posted: Mar. 11, 2009 - 9:19 PM ET #91

    I looked at the history of the RSI on that pair and the RSI is at 30 on a 4 hr chart and given the past on how it reacts around that point, I thought it was worth giving it a shot.

    Also added a contract on the LB pair.

    Lucky I have a BUNCH of LB.CHF pairs so I am actually making money even though I am losing on the other pair..

    Stupid..I need to slowwwwww down.


    Reply
    I looked at the history of the RSI on that pair and the RSI is at 30 on a 4 hr chart and given the past on how it reacts around that point, I thought it was worth giving it a shot.

    Also added a contract on the LB pair.

    Lucky I have a BUNCH of LB.CHF pairs so I am actually making money even though I am losing on the other pair..

    Stupid..I need to slowwwwww down.


     
    wallstreetcappers
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    Posted: Mar. 12, 2009 - 2:11 AM ET #92

    That LB pair was out of control..

    Averaged up to 1.392 on one and 1.3907 on another so I closed the 4 pair out at 1.3835, it dropped like a rock like 40 pips in 3 minutes and done..so averaging in on another bad entry worked out and made 170 pips between the 4 pair.

    Still short the EU pair, long a US.Yen and a bunch of Lb.CHF.

    Looking at the chart I wouldnt be shocked to see that LB.CHF move to 1.64 with very little problem, chart is JUST starting to form a long saucer bottom and turn up on the 4 hr read.
    Reply
    That LB pair was out of control..

    Averaged up to 1.392 on one and 1.3907 on another so I closed the 4 pair out at 1.3835, it dropped like a rock like 40 pips in 3 minutes and done..so averaging in on another bad entry worked out and made 170 pips between the 4 pair.

    Still short the EU pair, long a US.Yen and a bunch of Lb.CHF.

    Looking at the chart I wouldnt be shocked to see that LB.CHF move to 1.64 with very little problem, chart is JUST starting to form a long saucer bottom and turn up on the 4 hr read.
     
    bucknuts
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    Posted: Mar. 12, 2009 - 7:49 AM ET #93

    I dont mind having to average at all,its not like youre trading the pair for fun....we get in because of the chart so as long as everything is still in line you gotta go for it...and most of the time its a bigger payoff
     
    Shoulda kept my EUR/GBP short open it hit a low of  92.11 overnight i only needed low 30s for my limit
     
    AUD looks like its getting a downcross but the +DMI is at 21.....im gonna gamble here this is about the middle of the range its been in for the last month...64605 going for 30 pips $600
    Reply
    I dont mind having to average at all,its not like youre trading the pair for fun....we get in because of the chart so as long as everything is still in line you gotta go for it...and most of the time its a bigger payoff
     
    Shoulda kept my EUR/GBP short open it hit a low of  92.11 overnight i only needed low 30s for my limit
     
    AUD looks like its getting a downcross but the +DMI is at 21.....im gonna gamble here this is about the middle of the range its been in for the last month...64605 going for 30 pips $600
     
    bucknuts
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    Posted: Mar. 12, 2009 - 7:58 AM ET #94

    Forexinsider looking for the reports at 8:30am here to be USD positive
    Reply
    Forexinsider looking for the reports at 8:30am here to be USD positive
     
    rick3117
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    Posted: Mar. 12, 2009 - 8:35 AM ET #95

    it was pretty good,
     
    got in usd/jpy @ 96.30
    jumped to 96.60 @ newstime.
     
    30 pips to start off  the day.
     
     
    Reply
    it was pretty good,
     
    got in usd/jpy @ 96.30
    jumped to 96.60 @ newstime.
     
    30 pips to start off  the day.
     
     
     
    rick3117
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    Posted: Mar. 12, 2009 - 8:41 AM ET #96

    anyone think this rally can sustain?????
    Reply
    anyone think this rally can sustain?????
     
    rick3117
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    Posted: Mar. 12, 2009 - 8:43 AM ET #97

    usd/jpy is a little outside of the parameters of our indicators, but I think that pending a fair open this morning we could see a rally . 
     
    and this is all just speculation
    Reply
    usd/jpy is a little outside of the parameters of our indicators, but I think that pending a fair open this morning we could see a rally . 
     
    and this is all just speculation
     
    rick3117
    rick3117
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    Posted: Mar. 12, 2009 - 8:47 AM ET #98

    up 40 pips after the better than expected news.....
    think im holding at least until market opens. 
    Reply
    up 40 pips after the better than expected news.....
    think im holding at least until market opens. 
     
    rick3117
    rick3117
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    Posted: Mar. 12, 2009 - 8:51 AM ET #99

    (from Fxstreet.com)
     

    Thu, Mar 12 2009, 11:53 GMT
    https://www.fxstreet.com

    FXstreet.ccom (Barcelona) – After hitting a fresh three-week low at 95.67 the Dollar has recovered somewhat and advances some pips above March 6 low at 96.57.

    Successful move above here could put the Dollar back on its way towards Mar 10 low at 97.90, and above there the doors would be open towards intra-week high at 99.15.

    On teh way down, downward reaction below 95.97, could drive the pair to 95.45, next support comes at 94.95, and below there, an important support level comes at 94.64 (Jan 6 high.) On the upside, above 95.95, the Dollar should break Mar 6 low at 96.56. Above there, the path would be clear towards mar 10 low at 97.90.

     

    I love when news is so quick that they mispell words to get it out. 

     

     

    Reply
    (from Fxstreet.com)
     

    Thu, Mar 12 2009, 11:53 GMT
    https://www.fxstreet.com

    FXstreet.ccom (Barcelona) – After hitting a fresh three-week low at 95.67 the Dollar has recovered somewhat and advances some pips above March 6 low at 96.57.

    Successful move above here could put the Dollar back on its way towards Mar 10 low at 97.90, and above there the doors would be open towards intra-week high at 99.15.

    On teh way down, downward reaction below 95.97, could drive the pair to 95.45, next support comes at 94.95, and below there, an important support level comes at 94.64 (Jan 6 high.) On the upside, above 95.95, the Dollar should break Mar 6 low at 96.56. Above there, the path would be clear towards mar 10 low at 97.90.

     

    I love when news is so quick that they mispell words to get it out. 

     

     

     
     
    rick3117
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    Posted: Mar. 12, 2009 - 8:55 AM ET #100

    I also like how I misspelled misspell.
     
     
    Reply
    I also like how I misspelled misspell.
     
     
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