*Official* Forex Trading thread.

[Mr.Canberra]

Gold (XAU/USD)

Gold will hit 1340 by closing today.

 

[awful999]

As per my call made earlier.

finally see light

 

[awful999]

Gold will hit 1340 by closing today.

i need more, long gold since monday

 

[Mr.Canberra]

Gold (XAU/USD)

Gold will hit 1340 by closing today.

i need more, long gold since monday

As per my call made earlier. Intraday high 1344.42.

 

[subprimelive]

As per my call made earlier. Intraday high 1344.42.

I thought gold is trading 24 by 5?
Only closed on weekends?
How come got closing on weekdays?

 

[Mr. Wood]

By the way your equity balance and margin level jin power. It will definitely survive a WW3 flash crash scenario haha.


Anyway just some personal opinion. I carry trade because positions are stucked. Do not be so hard up for swap points. Concentrate more on horning your skills for better market analysis and sniping.

yah hor why so much wan I oso dunno.
is it they include leverage? still dunno how to calculate.

forgot where I read, but I am trying out a strategy: buy and sell at pivot. can earn both ways. sooner or later price will prata.

 

[xersion]

I thought gold is trading 24 by 5?
Only closed on weekends?
How come got closing on weekdays?

Close at 5-6am

Sent from OPPO X9079 using GAGT

 

[Mr.Canberra]

I thought gold is trading 24 by 5?
Only closed on weekends?
How come got closing on weekdays?

As answered by Mr. xersion.

forgot where I read, but I am trying out a strategy: buy and sell at pivot. can earn both ways. sooner or later price will prata.

Yes you are correct. This is what I wanted to do if the trade went the other way. Sometimes damn lazy to crack the damn head whether to short or long.

Open one short and long position. Both side also jiak haha because during volatile periods the price will prata multiple times in a single trading day. But this strategy must have strong heart with NO STOP LOSS.

It is like playing 大小 in casino but the odds are more favourable (50/50) in Forex as the casino house can makan you with 通杀.

 

[Mr.Canberra]

EURO-DOLLAR: MNI ORDER BOARDS

EURO-DOLLAR: MNI ORDER BOARDS
*$1.2070 Aug29 high
*$1.2009/14 Initial pullback low Aug29/1.0% envelope 10-dma
*$1.2000 Offers reported
*$1.1984 Aug30 high
*$1.1976/80 61.8% $1.2070-$1.1823/Sep1 high
*$1.1941 Sep5 high
*$1.1929 Intraday high Europe, Asia $1.1925
*$1.1917 ***Current market price ***0615GMT WEDNESDAY
*$1.1903 Intraday low Asia
*$1.1895 Pullback low off $1.1941 NY Sep5
*$1.1885/75 Hourly support
*$1.1868 Sep5 low
*$1.1852/50 Sep4-1 lows
*$1.1823/18 Aug31 low, 61.8% $1.1662-$1.2070
*$1.1774 Aug25 low

Big boys will push for 1.20 again as it is a matter of time only.

Blockbuster event of the week is ECB Interest Rate Decision on Thursday.

 

[Mr.Canberra]

DOLLAR-YEN: MNI ORDER BOARDS

DOLLAR-YEN: MNI ORDER BOARDS
*Y110.65/67 38.2% Y114.49-Y108.27, Aug31 high
*Y110.47 Sep1 high
*Y110.16 76.4% Y110.67-Y108.50
*Y109.93 Sep4 high
*Y109.83/84 Sep5 high, 61.8% Y110.67-Y108.50
*Y109.33/59 38.2%/50% Y110.67-Y108.50
*Y108.81/88 Intraday high Asia/Hourly high Sep5 off Y108.50
*Y108.76 ***CURRENT MARKET PRICE ***0629GMT WEDNESDAY
*Y108.50 Intraday low Asia & 1.0% envelope 10-dma
*Y108.50-20 Scattered demand
*Y108.27 Aug29 low
*Y108.13/00 YTD low-Apr17, Strong demand/Stops
*Y107.77 Nov15 low 2016
*Y107.37/33 1.618 swing Y108.74-Y110.95, 2 vol band
*Y106.52/51 61.8% Y99.02-Y118.66, Nov14 low 2016

DOLLAR-YEN: Asian traders noted encountering strong demand interest at Y108.50
overnight, the level providing a base before rate recovered to Y108.81. Japanese
mega bank was a stand out buyer, among other Japanese names, sparking
suggestions of stealth demand. Onshore demand is said to be scattered down to
Y108.20. Same traders reported offers placed between Y108.90/109.00.

Take note big boys will bring it down during near term.

 

[Mr.Canberra]

AUSSIE: MNI ORDER BOARDS

AUSSIE: MNI ORDER BOARDS
*$0.8164/66 May14 high 2015, 50% $0.9505-$0.6827
*$0.8089 May15 2015 high
*$0.8066/75 Jul27 high, 1.764% swing of $0.7989-0.7875
*$0.8050 Supply reported
*$0.8043 Aug1 high
*$0.8028 Sep5 high
*$0.8021 Intraday high Asia
*$0.7986 ***CURRENT MARKET RATE 0636GMT WEDNESDAY***
*$0.7977/68 Intraday low, 38.2% $0.7871-$0.8028
*$0.7950 50% $0.7871-$0.8028
*$0.7942/35 Sep5 low, Sep4 low
*$0.7931/22 61.8% $0.7871-$0.8028, Sep1 low
*$0.7908 76.4% $0.7871-$0.8028
*$0.7871/67 Aug31-24 lows
*$0.7840 Corporate demand & 55-dma

Do not underestimate the power of corporate demand. Near term is down.

 

[Mr.Canberra]

EUR/USD

EUR/USD is chionging up. Mark my words.

 

[awful999]

Take note big boys will bring it down during near term.

hope to see that soon, still holding UJ short

 

[Mr.Canberra]

EUR/USD

EURO-DOLLAR: What looked to be decent early demand interest in Eur/Usd, with rate extending highs to $1.1929 (Asia high $1.1925), the release of weaker than forecast Germany Factory Orders data really took the wind out of the sails. Rate was knocked back to $1.1914, but is slowly tring to claw back lost ground. Rate currently trades around $1.1925 at writing. ECB looms Thursday, and with risk off linked to the current N.Korea situation, as well as market pushing back calls for a Fed rate hike, dollar weakness continues to favor the Eur.

As per my call made earlier.

 

[awful999]

EUR/USD is chionging up. Mark my words.

hope 1.20 soon too

 

[Mr.Canberra]

USD/JPY

DOLLAR-YEN: Drops back to place fresh downside pressure on the Asian base of Y108.50. As mentioned in an earlier bullet, strong demand was encountered at this level overnight, a Japanese megabank a noted buyer, along with other Japanese names, which sparked talk of possible stealth demand. Further onshore demand interest is seen scattered down to Y108.20, with the key YTD low of Y108.13 lurking behind.

As per my call made earlier.

Big boys aiming for and want to break below 107.0. Probably can hit by Thursday. Mark my words.

 

[Mr.Canberra]

EUR/USD

hope 1.20 soon too

I just want to close my stucked long position and continue scalping.

 

[awful999]

As per my call made earlier.

Big boys aiming for and want to break below 107.0. Probably can hit by Thursday. Mark my words.

if goto 107 wow

 

[Mr.Canberra]

USD/JPY

if goto 107 wow

If go down to 107.0 that means I will be -1000 pips down haha.

Buy no scared, scared no buy. Stocks and bonds can go to zero but not Forex.

 

[Mr. Wood]

It is like playing 大小 in casino but the odds are more favourable (50/50) in Forex as the casino house can makan you with 通杀.

If this strategy works, I will quit my job and set up class. call myself master trainer and sell snake oil . charge $4000 per student. Huat ah!