*Official* Forex Trading thread.

[ctstalin]

CFTC: Speculative accounts decreased their net euro longs and their net yen shorts according to Friday's CFTC data. The CFTC's COT report, non-commercial, futures-only section, excluding options, showed speculators had a net euro long position of +86,058 contracts as per Sept. 12, vs +96,309 contracts the prior week, which was the largest net euro long in over six years. On May 3, 2011, speculators had a net euro long of +99,516 contracts. Spec accounts had a net yen short of -57,297 contracts as per Sept. 12, vs -72,945 contracts in the prior week. This compared to the net short of -126,919 contracts, seen July 18, which was the largest net yen short since Jan. 7, 2014, when speculators had a net yen short of -128,868 contracts. The euro closed near $1.1967 and dollar-yen near Y110.17 on Sept. 12 vs levels late Friday around $1.1946 and Y110.84.

CFTC: Sterling short positions have been trimmed...

CFTC: Sterling short positions have been trimmed. Friday's CFTC data showed that speculative accounts had a net sterling short of -46,085 contracts as per Sept. 12, vs -52,927 contracts last week. This compared to the net short of -107,844 contracts seen March 21, which was a new record. Sterling closed at $1.3283 on Sept. 12 and held near $1.3596 late Friday. Cable earlier posted a high near $1.3616, the highest level since June 24, the day after Brexit, when the pair saw a range of $1.3229 to $1.5018. Given the run-up since Tuesday, sterling shorts have likely been trimmed further.

Shorties kena squeeze

 

[Jedihan]

Sian down 4K 4 lots UJ and ichy hand got 1 EUR/jpy -100 pips. Maybe cut on monday.

 

[LucentFX]

Result for week 11-15 Sep 2017:
USD $178.67 profit.

 

[Mr.Canberra]

Sian down 4K 4 lots UJ and ichy hand got 1 EUR/jpy -100 pips. Maybe cut on monday.

Must be short positions I guess.

All the best.

Shorties kena squeeze

Short covering causing the price to move up furthur as long as dip buyers keep bidding up and trigger stops. Lan lan.

 

[Mr.Canberra]

no lah, i hope I am in 20s, i am uncle level already

I started trading since last year Nov, so far because of luck, my return not bad

No worries we are all uncles.

Great that you have multiple streams of passive income. A good diversified portfolio.

How is your China fruit farm?

 

[revhappy]

CFTC: Speculative accounts decreased their net euro longs and their net yen shorts according to Friday's CFTC data. The CFTC's COT report, non-commercial, futures-only section, excluding options, showed speculators had a net euro long position of +86,058 contracts as per Sept. 12, vs +96,309 contracts the prior week, which was the largest net euro long in over six years. On May 3, 2011, speculators had a net euro long of +99,516 contracts. Spec accounts had a net yen short of -57,297 contracts as per Sept. 12, vs -72,945 contracts in the prior week. This compared to the net short of -126,919 contracts, seen July 18, which was the largest net yen short since Jan. 7, 2014, when speculators had a net yen short of -128,868 contracts. The euro closed near $1.1967 and dollar-yen near Y110.17 on Sept. 12 vs levels late Friday around $1.1946 and Y110.84.

CFTC: Sterling short positions have been trimmed...

CFTC: Sterling short positions have been trimmed. Friday's CFTC data showed that speculative accounts had a net sterling short of -46,085 contracts as per Sept. 12, vs -52,927 contracts last week. This compared to the net short of -107,844 contracts seen March 21, which was a new record. Sterling closed at $1.3283 on Sept. 12 and held near $1.3596 late Friday. Cable earlier posted a high near $1.3616, the highest level since June 24, the day after Brexit, when the pair saw a range of $1.3229 to $1.5018. Given the run-up since Tuesday, sterling shorts have likely been trimmed further.

Wow! Just looking at the net short positions, it is so evident that sterling had to go up from Mar 21. This is a good indicator to trade for medium term.

 

[Mr.Canberra]

Wow! Just looking at the net short positions, it is so evident that sterling had to go up from Mar 21. This is a good indicator to trade for medium term.

Yes of course but data is 1 week lag. However still a good indicator as reference.

Trading is all about data intelligence.

Institutions always gets advance info before important data release. On institution order boards they can see live orders placed at which price point and contract volume. You tell me how can they not huat?

 

[awful999]

No worries we are all uncles.

Great that you have multiple streams of passive income. A good diversified portfolio.

How is your China fruit farm?

Ya, we are haha
Hope this time I have make the right decision on investment.
Last year because of super cold winter affected the production , this year look OK so far, cross finger, haha

 

[lovesleeping1981]

Sian down 4K 4 lots UJ and ichy hand got 1 EUR/jpy -100 pips. Maybe cut on monday.

My condolences but mai worry mai sad. As long as u got capital, got your strategy, got discipline to follow through strategy, sure will earn back.

 

[violinist]

Hi! New forex trader here. Hope to learn from everyone!

 

[awful999]

I know I'm new, but won't it be more fun if we share ideas, then post our trades when we have executed? Rather than horse behind cannon, ma hou pao, huat liao then say, losses diam diam, hide behind screen.

For instance, if you sold USD/JPY at 111, then just post in real-time and say. If good call, everyone can see. If call goes wrong, eveeryone can see too.

OK, you win, I am horse back cannon, you happy can already, I will not post that anymore, thanks for make this thread interesting, I am looking forward for it. But one question, when come to scalping , wonder how can we share, every min changing...

Mr Canberra bro, i am so wordless ...

 

[Mr. Wood]

Banned.

What did he do sia.

troll accnt.
not the 1st time and likely wont be the last.

 

[Mr. Wood]

Forex trading can be tiring...sometimes you camp late into the night...

Would always be great to have someone to discuss trade ideas. Discuss, but at the end of the day, you still make your own decision and trust yourself over anyone else. But of course, this is just an idealistic outlook....

so far i had not allow trading to interupt my day job, social or sleep.
make trading a part of yr life, not make your life a part of trading.

 

[Mr.Canberra]

OK, you win, I am horse back cannon, you happy can already, I will not post that anymore, thanks for make this thread interesting, I am looking forward for it. But one question, when come to scalping , wonder how can we share, every min changing...

Mr Canberra bro, i am so wordless ...

I was not online for almost the whole day until now. I guess this Gong jiaowei# is stirring crap and got banned eventually haha.

Mr. awful999 obviously this newly registered nick (less than a week) can chalk up 200+ posts in such a short period is trolling as well. Just do a search on his postings. All one liner talk cock replies. Just ignore all these jokers lah.

Please do not be discouraged to post your wins or losses. These jokers are talking cock about other people when they themselves do not even post any single useful piece of Forex info.

 

[Mr.Canberra]

so far i had not allow trading to interupt my day job, social or sleep.
make trading a part of yr life, not make your life a part of trading.

You like that say jialat liao lah. When my position is down -1000 pips I no lasah (emotion).

Now my life is part of trading. Mondays to Fridays (18 hour shift daily) I feel energised and full of purpose. When come to Saturdays and Sundays I get damn bored. Today went to Johor Bahru eat KFC and stock up groceries for coming week's ration.

 

[xersion]

I know I'm new, but won't it be more fun if we share ideas, then post our trades when we have executed? Rather than horse behind cannon, ma hou pao, huat liao then say, losses diam diam, hide behind screen.

For instance, if you sold USD/JPY at 111, then just post in real-time and say. If good call, everyone can see. If call goes wrong, eveeryone can see too.

Trading view has many ideas u can go there and get ideas.... If not u can post something for suggestions and we shall start from here....

Sent from OPPO X9079 using GAGT

 

[xersion]

Maybe not so much for scalping lor, since scalping sharing I guess can only share via whatsapp or something, immediate. But scalping actually also can post here, just post lor, if you feel comfortable enough. After pressing trade on the brokerage, also nothing to do, can just tab to this thread and post ma.

Don't get me wrong man...I'm not here to start flame wars or anything...

Scalping also no time to care about other things other then staring at ur monitor... U still expect ppl to post in here and share?

Sent from OPPO X9079 using GAGT

 

[awful999]

Scalping also no time to care about other things other then staring at ur monitor... U still expect ppl to post in here and share?

Sent from OPPO X9079 using GAGT

The is what I want to say but I lazy to reply that...Using M1 chart in, the next second or min already out, still can post here after go in? I am not Superman...
Bro u understand what is scalping haha

 

[awful999]

Trading view has many ideas u can go there and get ideas.... If not u can post something for suggestions and we shall start from here....

Sent from OPPO X9079 using GAGT

A lot of other site also have eg. Forex factory, our PS autoccharist, too many on internet , can't name it all..

 

[awful999]

Now my life is part of trading. Mondays to Fridays (18 hour shift daily) I feel energised and full of purpose. When come to Saturdays and Sundays I get damn bored. Today went to Johor Bahru eat KFC and stock up groceries for coming week's ration.

Haha I feel the same as you , when come to Saturday n sunday suddenly feel something lost and boring, hand very itchy and cannot keep clicking haha