Official Forex Trading thread.

Mr.Canberra · Dec 13, 2016

meltan1990 said:
wa mr canberra how u train yourself to hold for so long a position tt is going against u.

do u ever cut loss?

Initially when I started Forex trading I use stop losses and never carry trade. As I go along I noticed the price will some how recover after it run its own course. Then did some experiment and here I am. :s13:

Current unrealised loss is -1980 pips (US$1980) for 9 currency pairs.

I want to run a marathon not sprint race. My trading strategy is capital preservation with calculated risk trades. If I use stop loss strategy long ago already up lorry and give up!

neoartz said:
He is the legend. No SL for him he survived the GBP Flash crash

Earn one Forex war medal.

neoartz · Dec 13, 2016

xersion said:
What's ur reason for physical gold?

Sent from OPPO X9079 using GAGT

Paper gold / gold counters have risk of being default.. At least physical gold i can get to hold and smell it (just kidding) :s13:

awful999 · Dec 13, 2016

neoartz said:
Paper gold / gold counters have risk of being default.. At least physical gold i can get to hold and smell it (just kidding)

need to put in safe bro...

ctstalin · Dec 13, 2016

awful999 said:
Good trade..

meltan1990 said:
gd job...

EUR/GBP abit hard 2 trade sia. the U-turns r quite drastic

thank yous, pretty lucky today as GN pretty much reverse after i took profit

AC short triggered at 0.986...popipopi

awful999 · Dec 13, 2016

may be tomorrow long USD using mini lot (local broker) , then short USD using macro lot (oanda)..haha can or not ?

xersion · Dec 13, 2016

neoartz said:
Paper gold / gold counters have risk of being default.. At least physical gold i can get to hold and smell it (just kidding)

Worthless investment... Lolx..

Sent from OPPO X9079 using GAGT

meltan1990 · Dec 13, 2016

Mr.Canberra said:
Initially when I started Forex trading I use stop losses and never carry trade. As I go along I noticed the price will some how recover after it run its own course. Then did some experiment and here I am.

Capital is S$9000.
Account balance is S$11,906.20.
Current unrealised loss is -1980 pips (US$1980) for 9 currency pairs.

I want to run a marathon not sprint race. My trading strategy is capital preservation with calculated risk trades. If I use stop loss strategy long ago already up lorry and give up!

Earn one Forex war medal.

haha i see i see. if u were long the gbp during the morning flash crash...totally salute u haha

neoartz · Dec 13, 2016

awful999 said:
may be tomorrow long USD using mini lot (local broker) , then short USD using macro lot (oanda)..haha can or not ?

u still bullish towards USD wor.. haha the micro lot wouldn't help much if auntie yellen didn't hike rates :s13:

imho, quite bad move leh

awful999 · Dec 13, 2016

neoartz said:
u still bullish towards USD wor.. haha the micro lot wouldn't help much if auntie yellen didn't hike rates

imho, quite bad move leh

kidding lah, may be will just use micro lot to short USD instead, play a small bet :s13:

neoartz · Dec 13, 2016

Finally got time to come here TCSS.. today haven't kio any lunch $$ :s13:

Mr.Canberra · Dec 13, 2016

meltan1990 said:
haha i see i see. if u were long the gbp during the morning flash crash...totally salute u haha

Yes during early October when flash crash happened I have 2 LONG positions (GBP/USD and GBP/SGD) opened in mid Sep. Both pairs were already down a few hundred pips before the flash crash. Lowest point was about -800 to -1000 pips each. :s13: