*Official* Forex Trading thread.

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Mr.Canberra

Mr.Canberra

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Jedihan said:
Hmm those are short or long positions. I have 4 lots USD/JPY stucked also. (I should have cleared them today when I broke even but got greedy. Damn.)
Click to expand...

Wow 4 standard lots! Play damn big. Thumbs up! :D

Always take the money and run first if playing higher quantum. 3-5 pips in the money 见好就收. :s13:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -102 pips
USD/CAD (US$20,000) LONG: -433 pips
USD/CHF (US$100,000) LONG: -21 pips
USD/JPY (US$10,000) LONG: -803 pips
 
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Mr.Canberra

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NZD/USD

Scalping NZD/USD.

Total gains for today is currently US$115.39 Din Tai Fung profit. :s13:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -101 pips
USD/CAD (US$20,000) LONG: -437 pips
USD/CHF (US$100,000) LONG: -6 pips
USD/JPY (US$10,000) LONG: -800 pips
 
dexboi

dexboi

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Mr.Canberra said:
Scalping NZD/USD.

Total gains for today is currently US$115.39 Din Tai Fung profit. :s13:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -101 pips
USD/CAD (US$20,000) LONG: -437 pips
USD/CHF (US$100,000) LONG: -6 pips
USD/JPY (US$10,000) LONG: -800 pips
Click to expand...

Your aggregated net-long USD is very heavy. I wouldn't dare to go naked like this into data releases.

And why do you want to go against JPY in this current climate?
 
Mr.Canberra

Mr.Canberra

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No Stop Loss

dexboi said:
Your aggregated net-long USD is very heavy. I wouldn't dare to go naked like this into data releases.

And why do you want to go against JPY in this current climate?
Click to expand...

No worries even survived the most volatile period during US Presidential Election haha. :s13:

USD/JPY long position was stucked since 04/01/2017! :s13:

Until now no one dare to challenge and outdo my NO STOP LOSS strategy haha. :D

In 2009 one of the too big to fail banks, Citigroup's stock price falls below US$1.
http://www.reuters.com/article/us-citigroup-idUSN0532847720090305

Have you seen a major currency plunged until so drastically in percentage terms? The answer is no. If it really does that means the the country of that major currency has turned into a banana republic. :s13:
 
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Mr.Canberra

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NZD/USD

Scalping NZD/USD.

Total gains for today is currently US$136.49 Din Tai Fung profit. :s13:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -94 pips
USD/CAD (US$20,000) LONG: -422 pips
USD/CHF (US$100,000) LONG: -6 pips
USD/JPY (US$10,000) LONG: -798 pips
 
Mr.Canberra

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NZD/USD

Stucked USD/CHF long position cleared with profit of US$62.62.

Total gains for today is currently US$199.41 Din Tai Fung profit. :s12:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -89 pips
NZD/USD (US$100,000) LONG: -6 pips
USD/CAD (US$20,000) LONG: -412 pips
USD/JPY (US$10,000) LONG: -781 pips
 
Mr.Canberra

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NZD/USD, USD/CHF

Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$228.66 Din Tai Fung profit. :s12:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -94 pips
NZD/USD (US$100,000) LONG: -12 pips
USD/CAD (US$20,000) LONG: -413 pips
USD/JPY (US$10,000) LONG: -792 pips
 
lovesleeping1981

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Since Uncle so diligently shared his current holdings, I shall join in the fun.

But I don't scalp as I hold a full time job.

I'm currently only holding one trade which I opened yesterday noon:

Aud/usd short: 31 pips.
 
lovesleeping1981

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Mr.Canberra said:
Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$228.66 Din Tai Fung profit. :s12:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -94 pips
NZD/USD (US$100,000) LONG: -12 pips
USD/CAD (US$20,000) LONG: -413 pips
USD/JPY (US$10,000) LONG: -792 pips
Click to expand...

Btw your holding power really there. I just notice you are -792 pip for UJ.
 
Mr.Canberra

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NZD/USD

Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$10.00 KFC profit. :o

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -102 pips
USD/CAD (US$20,000) LONG: -402 pips
USD/CHF (US$100,000) LONG: -16 pips
USD/JPY (US$10,000) LONG: -724 pips
 
Jedihan

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Mr.Canberra said:
Wow 4 standard lots! Play damn big. Thumbs up! :D

Always take the money and run first if playing higher quantum. 3-5 pips in the money 见好就收. :s13:

STUCKED POSITIONS

AUD/USD (US$30,000) SHORT: -102 pips
USD/CAD (US$20,000) LONG: -433 pips
USD/CHF (US$100,000) LONG: -21 pips
USD/JPY (US$10,000) LONG: -803 pips
Click to expand...

Finally ran, but rose higher later sianz. But at least made some money back. Lost a lot of money after winning a lot of money. So hopefully this will lead to another 15K winning streak again.
 
Mr.Canberra

Mr.Canberra

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Strategy

Jedihan said:
Finally ran, but rose higher later sianz. But at least made some money back. Lost a lot of money after winning a lot of money. So hopefully this will lead to another 15K winning streak again.
Click to expand...

You play bigger than me. Your wins/losses are in the 4 to 5 figures range. Super highly leveraged. :D

You need to lock in a strategy that allows you to win more than you lose. Eg. Set a modest take profit target but do it consistently by increasing trade frequency to chalk up the volume. Small KFC profit wins will add up to Din Tai Fung wins.

100% winning trades are impossible unless you play no stop loss. :s13:

You have to calculate and conduct your own margin stress test. Eg. How much equity you need to withstand -5000 pips drop and ride it out. That is US$50,000 if trading in standard lots.

When I am ready with my fine tuning process and asset re-balancing I will join you to hoot big contracts. I will be doing Quantitative Easing for my own balance sheet. It could take one year from now. :D
 
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