*Official* Forex Trading thread.

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Mr.Canberra

Mr.Canberra

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NZD/USD

Just closed another NZD/USD long position. Current total score for today is US$136.00 Din Tai Fung profit! :s12:

Opened a new short position to fish a few pips. :s13:
 
Mr.Canberra

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NZD/USD

Current total score for today is US$345.00 2 Star Michelin profit! :s12:

NZD/USD short position now stucked. Can close shop liao. :s13:
 
Mr.Canberra

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EUR/USD

EUR/USD is retracing a bit on daily chart. Long term wise still bullish bias. All the way to 1.16 barrier.

Long positions below 1.135 will protect you from deep corrections if any. Take a 20-30 pips profit as it seems very range bound trading now.

I ban myself from trading anything that is European except for CHF (as SNB is invisible hand for surprise rescue from time to time). :s13:
 
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tiertime

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Mr.Canberra said:
EUR/USD is retracing a bit on daily chart. Long term wise still bullish bias. All the way to 116.0 barrier.

Long positions below 113.50 will protect you from deep corrections if any. Take a 20-30 pips profit as it seems very range bound trading now.

I ban myself from trading anything that is European except for CHF (as SNB is invisible hand for surprise rescue from time to time). :s13:
Click to expand...

Hi i am new to this thread! Can i know what indicators do u use to help make your entries and what broker do u use? Can i know whats the max% move against your direction you have stomached?

Add: i am not interested in trading GBP/USD as i hv suffered multiple losses from this pair!
 
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BianTaiTrader

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Mr.Canberra said:
EUR/USD is retracing a bit on daily chart. Long term wise still bullish bias. All the way to 116.0 barrier.

Long positions below 113.50 will protect you from deep corrections if any. Take a 20-30 pips profit as it seems very range bound trading now.

I ban myself from trading anything that is European except for CHF (as SNB is invisible hand for surprise rescue from time to time). :s13:
Click to expand...

You mean USdJPY? :o EURUSD where got 113.5 :o
 
tiertime

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maxinger said:
1. I use charting software ESIGNAL. many people use MT4 which is free. unfortunately it doesn't give volume candle but just time candle.
anyway, MT4 is good enough for newbie.
2. pros and cons to learn from coach.
most of the coaches are failures. that's why they earn money by teaching. they contaminate your mind.
you can read online but it doen't tell u the art of trading.
whatever it is, u must develop your own holy grail.
3. generally your risk reward ratio is about 1:2 to 1:4 or better.
Click to expand...

Hi, u paid for ur esignal service to show the volume ?
i read that Forex does not have a centralised volume data ?
 
tiertime

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Mr.Canberra said:
AUD/USD plunged! My NZD/USD long position also plunged. Down by 35 pips! :s22:

By now you should have been stopped out if you put a stop loss. :s13:
Click to expand...

yes it plunged twice since my entry, but havnt hit my SL yet :D

Any thoughts on this pair?
 
Mr.Canberra

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EUR/USD

tiertime said:
yes it plunged twice since my entry, but havnt hit my SL yet :D

Any thoughts on this pair?
Click to expand...

You stop loss margin is wide. :s13:

See post #7951.

My calls on EUR/USD for the past few weeks quite zhun. You can ask the folks here haha. :D

EUR/USD and EUR/JPY for now keep long direction. Strong offers on the top side.
 
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Mr.Canberra

Mr.Canberra

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NZD/USD

Current total score for today is US$175.00 Din Tai Fung profit! :s12:

Now tio stucked -35 pips after sudden plunge due to AUD/USD plunge. :s22:
 
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