*Official* Forex Trading thread.

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Mr.Canberra

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USD/JPY

As expected there was a gap up for USD/JPY during opening. :D

My USD/CAD short position whch has been stuck for quite some time already is in positive territory when I woke up today. 20 pips target. :s13:

Jipun traders closing shop now.
 
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awful999

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As expected there was a gap up for USD/JPY during opening. :D

My USD/CAD short position whch has been stuck for quite some time already is in positive territory when I woke up today. 20 pips target. :s13:

Jipun traders closing shop now.

USDJPY
eur trader take over and push higher and higher :s13: ( my hope)
 

Mr.Canberra

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Forex Scoreboard (Realised Gains)

12/12/2016
USD/CAD +11.35 pips

This is one of the examples where I let it run its own course after direction went against me. Almost 2 months stuck! Thanks to OPEC and Russia. :s13:

20/10/2016: SELL $1.31422
12/12/2016: BUY $1.31157

Every individual is different. Formularise a strategy that suits your trading style. In my case NO STOP LOSS + CAPITAL PRESERVATION strategy.
 
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awful999

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12/12/2016
USD/CAD +11.35 pips

This is one of the examples where I let it run its own course after direction went against me. Almost 2 months stuck! :s13:

20/10/2016: SELL $131.422
12/12/2016: BUY $131.157

but bro come to think if you put stop loss, you can re-enter more times to cover back instead of waiting for two month and your fund got stuck ?
 

Mr.Canberra

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but bro come to think if you put stop loss, you can re-enter more times to cover back instead of waiting for two month and your fund got stuck ?

Yes you can say I have missed a lot on opportunity cost. I agree on this aspect.

But many did not realise that when you do not have form the amount of stop losses will just accumulate. Sometimes must learn how not to trade and take a break (where else JB lah). =:p The form (wind) will come to you when you least expect it.

Trading is also similar to sports or gambling. When no form means no form. Damn sian and dulan de. :s13:

Just like a combat pilot. If his gut feel no good. He will say, "Today no flying!" :D
 
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