tips for forex trend lai lai

[muruku]

8600 pips and counting.

going to take profit in few mins.

proof that you don't have be a forex guru to be a forex winner

I am impressed with your 8600 pips profit. I would even be more impressed if you make the same amount of pips not using micro/mini account. if so, you would be earning like crazy by the way, what's the rational behind shorting EUR/USD pair and longing USD/CHF pair at the same time? They have a history of anti correlation. So you short EUR/USD and long USD/CHF is roughly the same as shorting 2 lots EUR/USD.

 

[frozened]

I am impressed with your 8600 pips profit. I would even be more impressed if you make the same amount of pips not using micro/mini account. if so, you would be earning like crazy by the way, what's the rational behind shorting EUR/USD pair and longing USD/CHF pair at the same time? They have a history of anti correlation. So you short EUR/USD and long USD/CHF is roughly the same as shorting 2 lots EUR/USD.

i think the rational is that because CHF made a cap on shorts. So its a safe to long at his entry actually because even if it drops CHF will just go up again. The cap is way above his entry point btw.

 

[FP_IFA]

8600 pips and counting.

going to take profit in few mins.

proof that you don't have be a forex guru to be a forex winner

That screen shot could be assembled by closing all losing trades and just leaving the winning trades there. Not implying you did that of course but just saying.

 

[Forever84]

If you have a system that works.
Will you find means and ways to bank roll it?
Simple as that

Heh if you think I am so free to go sitch then so be it lo... .
Of course I lose money too no such thing as 100% win.
Just so happen all is trending at the moment.


I am a trend trader, don't need to over analyze.

 

[frozened]

so today will be the interest rate decisions for EU, UK and Speech by Trichet.

 

[stevetan2010]

forget about the bank rate......
One europe bank is down......

 

[yoshihara]

I still think EURUSD is oversold and it is going to 1.35 region before heading down again. Until then, the price are mainly noises and volatility.

 

[frozened]

forget about the bank rate......
One europe bank is down......

which bank? so far i've not read it or seen any annoucement of it being down. just that germany's private owned bank landesbank is most lilkely in the red already.

eur/usd dont seem to be oversold at the moment. I think the correction has been capped at 1.3365 until later in the day when the annoucement of those news are out. Might see a likely rally down/up.

 

[yoshihara]

Might see a likely rally down/up.

Not trying to be mean, but this sentence like -.-||| lol

 

[fxgump]

Not trying to be mean, but this sentence like -.-||| lol

i think he meant spike

 

[yoshihara]

i think he meant spike

不是player就是banker

 

[stevetan2010]

ai ya no matter what bank private or public chicken or dog as long as it is lending money to countries and ppl are banks. Looks like they are creating a bank to buy up all the debt bonds to conatin them. Let's see...... Tonite is another good show. Have a hweeling is a repeat of last week. hahahahha....knn......

 

[stevetan2010]

i think he meant spike

cannot later someone will say what spike? upward or downward.

 

[panda_hippo]

I am impressed with your 8600 pips profit. I would even be more impressed if you make the same amount of pips not using micro/mini account. if so, you would be earning like crazy by the way, what's the rational behind shorting EUR/USD pair and longing USD/CHF pair at the same time? They have a history of anti correlation. So you short EUR/USD and long USD/CHF is roughly the same as shorting 2 lots EUR/USD.

Trend traders doesn't care about the fundamentals. They simply look at the charts and if there are trading signals,they will enter the trade and ride the trend for as long as possible.

The truth is,trend traders usually suffer from low winning percentage,but once a strong trend emerges,it will be more than enough to cover for the previous losses.

 

[frozened]

cannot later someone will say what spike? upward or downward.

yeah i meant spike. and it did spike
markets crazy but managed to scalp some profit from it haha!
seems like gold also having a correction if it breaks the triangle might see it drop down to test the lows.

 

[stevetan2010]

i hate this lady. lucky my buffer is deep but then in dep trenches again.

 

[yoshihara]

Lucky i held on to my longs. What a interesting day for me. Kan qiong siol

 

[icelemontea]

managed to hit 10K pips on 20 pairs a couple of days ago. market is really trending now!

 

[FP_IFA]

We might be having a bear rally all the way to end Oct. This would put pressure back onto USD.

 

[yoshihara]

We might be having a bear rally all the way to end Oct. This would put pressure back onto USD.

Based on?
10char