March FOREX IV

I noticed that I was looking at the wrong site...

I did like FXCM too that I recall but now I have to remember what I didnt like about it.

I was just speaking with live help with FXCM and I positively would not open a mini account, it has no live support even though the spreads are very very good.

Oh and I placed a sell limit on my 3 Eu.Aud at 1.9425

Lets see if it cycles up.

Out of that trade..

Net 185 pips

Two lots at 1.9385 sold at 1.9425= 80 pips
One lot at 1.9320 sold at 1.9425= 105 pips

Now if I can get this US.CD trade to work it would be very nice.

Wow..

Finally the EU.AUD broke back into its range, I missed another 100 pips just now, thats 3k.

1Iron,

I can reply without the friend request, will do so right now.

Here is a quandry..

I am deciding between FXCM and FXDD, I feel better about the FXDD company, they have high ratings and it seems they are more reliable, but they have higher spreads.

FXCM seems less stable, but they have lower spreads.

FXDD has free bankwires, FXCM charges for them..

Not sure which I am going to deposit with.

I also should look at Forex.com again, I recall they didnt have the greatest of spreads though..and I recall that thinkswim is also in the market, but they are new and I am not sure there either.

Comment..

AUD has been strong the last few session, so any long AUD or short inverse pairs are doing very well.

Part of me thinks given the proper time horizon that a short the AUD and long inverse will work out, especially on oversold pairs..like the EU.AUD again.

One more comment..

Across the board the Yen is weak..in direct and inverse pairs.

At some point it will be an oversold buy, especially versus other currencies who have also been strong on their own.

Throwing out a limit order on the EU.AUD about 80 pts below current pricing..it is weak and I am willing to take the risk around 1.918

pop,

I know...SOB..that really ticks me off as I was watching it earlier..I thought I was going to get filled..well I will leave it and see.

I also have an order for Lb.CHF at 1.625

Everything seems in middle ville, nothing really sticks out..some pairs close to being extended, but nothing that grabs me...

Geez now that pair is up 200 plus pips from the low..running like crazy. If she gets back to the high I imagine I might short..but what a move.



In fact If she hits 1.9460 I am going to short in the next 30 minutes..on a 5 minute chart it is severely overheating here..

wow, EUR taking a hit since London open... down 300pips

Sold the US.CD trade which Id started over a week ago and had to average up..but still made over 100 pips in total so not that bad.

Also up nicely on the LB.CHF trade at 1.625 (referenced above) about to take a sell order here at 1.6405 if it hits, maybe move down.

AND I missed the buy Eu.AUD at 1.1985 last night by had to be 5 pips..that would be up 200 pips if it had got hit (2 lots).

This "play" acct is up 70k now in profits..

Back into the EU.AUD trade, the spread at 8 pips is too high..drives me crazy.

Also noticing the CHF and EU pairs are getting hit while the USD moving higher, I will likely enter some CHF/EU pairs next week..

Going to place an order to sell the 2 pair of EU.AUD at 1.925 to see if it gets there before the end of the session.

That would make 130 pips, not sure if it make it but being flat over the weekend would be nice.

Got to 1 pip away and turned south.

1.9249

pop,

Which EU pair?

Yeah I need to not put orders in at key numbers like that, it wasnt smart of me at all, even phony money.