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    All Forums | Investments

    Trying Forex again tonight

    12 Next Last»
    icemantbi
    wallstreetcappers
    bucknuts
    Participants:
    Search
    Views: 298
    Posts: 26
    12 Next Last»
     
    icemantbi
    icemantbi
    Legend
    Participation Meter
    Joined: Sep, 2007
    Posts: 35639
    Posted: Nov. 19, 2008 - 11:18 PM ET #1

    Been getting clobbered in Forex lately, let's see if I can turn it around.  Going to let this run for a while.

    Sold NZD/USD at 0.5403
    Reply
    To remove first post, remove entire topic.
    Been getting clobbered in Forex lately, let's see if I can turn it around.  Going to let this run for a while.

    Sold NZD/USD at 0.5403
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
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    Posts: 58464
    Posted: Nov. 19, 2008 - 11:25 PM ET #2

    That is one DISASTER chart..holy crap.

    Reminds me of some stocks I own.


    Reply
    That is one DISASTER chart..holy crap.

    Reminds me of some stocks I own.


     
    bucknuts
    bucknuts
    Captain
    Participation Meter
    Joined: Oct, 2005
    Posts: 8951
    Posted: Nov. 20, 2008 - 4:57 AM ET #3

    nice call Iceman hope you got out already,hit the .5320s and bottomed on RSI 4hr...back to the .5380s and will be higher soon
     
    did you give up trading with us at night or what?
    i havent put up a losing trade in weeks come in tonight and look at the chrts with us,Wall,Pop and 1iron are doing pretty good as well...
     
    Whatever you do i wish you good luck with your trading
    Reply
    nice call Iceman hope you got out already,hit the .5320s and bottomed on RSI 4hr...back to the .5380s and will be higher soon
     
    did you give up trading with us at night or what?
    i havent put up a losing trade in weeks come in tonight and look at the chrts with us,Wall,Pop and 1iron are doing pretty good as well...
     
    Whatever you do i wish you good luck with your trading
     
    icemantbi
    icemantbi
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    Posts: 35639
    Posted: Nov. 20, 2008 - 3:11 PM ET #4

    Got out at 0.5363 before I hit the sack last night.  Can't complain.

    Let's do it again, already started a profitable trade this afternoon.
     
    Bought USD/CAD at 1.2837
    Reply
    Got out at 0.5363 before I hit the sack last night.  Can't complain.

    Let's do it again, already started a profitable trade this afternoon.
     
    Bought USD/CAD at 1.2837
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:13 PM ET #5

    By the way buck, haven't given up trading.  Took some time off as I couldn't make a profitable trade to save my life lately.  Lost about $250 of my roll since I started.  I'll try to come in here at night, but lately I've been hitting the sack a little earlier.
    Reply
    By the way buck, haven't given up trading.  Took some time off as I couldn't make a profitable trade to save my life lately.  Lost about $250 of my roll since I started.  I'll try to come in here at night, but lately I've been hitting the sack a little earlier.
     
    icemantbi
    icemantbi
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    Posts: 35639
    Posted: Nov. 20, 2008 - 3:14 PM ET #6

    The reason I'm buying USD is because Oil is falling.  Also, the chart is trending upwards.  Already up $22 on this trade. (1 lot of 10,000)
    Reply
    The reason I'm buying USD is because Oil is falling.  Also, the chart is trending upwards.  Already up $22 on this trade. (1 lot of 10,000)
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:16 PM ET #7

    Commentary:  "We would not be surprised to see USD/CAD test back above 1.2900 on the back of the decimation of oil prices" 
     
    I have found that the commentary on Forex.com is more often right than wrong, at least 75% of the time.  Basically, this is what I'm going on.
    Reply
    Commentary:  "We would not be surprised to see USD/CAD test back above 1.2900 on the back of the decimation of oil prices" 
     
    I have found that the commentary on Forex.com is more often right than wrong, at least 75% of the time.  Basically, this is what I'm going on.
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:17 PM ET #8

    $40 in the good now
    Reply
    $40 in the good now
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Nov. 20, 2008 - 3:21 PM ET #9

    shorted US.CD at 1.288

    Looking for 30 in the other direction.

    Market getting whooped, hitting some currencies.
    Reply
    shorted US.CD at 1.288

    Looking for 30 in the other direction.

    Market getting whooped, hitting some currencies.
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:28 PM ET #10

    $50 in the good now
    Reply
    $50 in the good now
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:29 PM ET #11

    You shorted WSC?  I see this going up.  Will probably get out soon though.
    Reply
    You shorted WSC?  I see this going up.  Will probably get out soon though.
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:30 PM ET #12

    It's over the 1.2900 now, just like the commentary said.  Will see how much higher this can go, I'm hoping it can hit the previous high at 1.2937
    Reply
    It's over the 1.2900 now, just like the commentary said.  Will see how much higher this can go, I'm hoping it can hit the previous high at 1.2937
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:34 PM ET #13

    $55 in the good now.  You've given me some cold feet though WSC.  Going to get out soon
    Reply
    $55 in the good now.  You've given me some cold feet though WSC.  Going to get out soon
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Nov. 20, 2008 - 3:35 PM ET #14

    No, stick with it.

    I just looked at the chart and the 4 hr looked like a sell...but then Ive avoided the CHF sell based on the chart, you are looking good so far.

    Reply
    No, stick with it.

    I just looked at the chart and the 4 hr looked like a sell...but then Ive avoided the CHF sell based on the chart, you are looking good so far.

     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:36 PM ET #15

    Up to $60
    Reply
    Up to $60
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:41 PM ET #16

    Still going up, $70 in the good
    Reply
    Still going up, $70 in the good
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:42 PM ET #17

    I'm out, as it's close to the previous high.  Out at 1.2925
     
    I like to lock in my gains.  I can always re-enter again.
    Reply
    I'm out, as it's close to the previous high.  Out at 1.2925
     
    I like to lock in my gains.  I can always re-enter again.
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:45 PM ET #18

    Made $70 on that trade
     
    Let's see if I can find anything else here
    Reply
    Made $70 on that trade
     
    Let's see if I can find anything else here
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Nov. 20, 2008 - 3:47 PM ET #19

    Great trade..


    Reply
    Great trade..


     
    icemantbi
    icemantbi
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    Posts: 35639
    Posted: Nov. 20, 2008 - 3:47 PM ET #20

    Wow, USD/JPY fell like a rock today.  Shit, from 96.00 down to 94.08 currently!  Wow
     
    I think I might have missed the boat on this one.  Debating whether to sell here
    Reply
    Wow, USD/JPY fell like a rock today.  Shit, from 96.00 down to 94.08 currently!  Wow
     
    I think I might have missed the boat on this one.  Debating whether to sell here
     
    icemantbi
    icemantbi
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    Posts: 35639
    Posted: Nov. 20, 2008 - 3:51 PM ET #21

    Commentary: "CEO of major US bank said economy not improving despite regulatory efforts"
     
    So much for the Billions Bailout.  What a crock of shit that is turning out to be.  Trying to put a bandaid on a gushing wound. 
    Reply
    Commentary: "CEO of major US bank said economy not improving despite regulatory efforts"
     
    So much for the Billions Bailout.  What a crock of shit that is turning out to be.  Trying to put a bandaid on a gushing wound. 
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:54 PM ET #22

    Another trade looking good:
     
    Sold USD/JPY at 93.97
     
    $15 in the good so far
    Reply
    Another trade looking good:
     
    Sold USD/JPY at 93.97
     
    $15 in the good so far
     
    icemantbi
    icemantbi
    Legend
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    Posts: 35639
    Posted: Nov. 20, 2008 - 3:56 PM ET #23

    Man, I got out of that USD/CAD trade way too early.. now up to 1.2943
    Reply
    Man, I got out of that USD/CAD trade way too early.. now up to 1.2943
     
    icemantbi
    icemantbi
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    Posted: Nov. 20, 2008 - 3:57 PM ET #24

    $20 in the postive
    Reply
    $20 in the postive
     
     
    icemantbi
    icemantbi
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    Posts: 35639
    Posted: Nov. 20, 2008 - 4:00 PM ET #25

    I got out of that trade... took a very small profit of $15
     
    This has got to become a buy soon.
    Reply
    I got out of that trade... took a very small profit of $15
     
    This has got to become a buy soon.
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