*Official* Forex Trading thread.

[meltan1990]

ENTERED:

SELL GBP/JPY @ 147
TP1: 145.60
SL: 148

gd lark

just for the short term reversal

 

[Mr.Canberra]

Forex Scoreboard (Realised Gains)

-------------------------
15/12/2016
-------------------------
USD/CAD +10.17 pips
USD/JPY +52.12 pips
----------------------------------------------
~Mini lot contracts @ US$10,000 per position
~1 Pip = US$1.00
~Unrealised Value of Positions: -US$3041
----------------------------------------------

Closed USD/JPY LONG position at ¥118.585 on the midnight dot. Huat arhhh!

London session faster close so I can eat supper.

Must remember all the timing...haha

9 mins after midnight USD/JPY starts to dip. It is all about timing hahaha.

Put youself into the shoes of a Japan, London and New York Tier 1 instituition day trader. They need to go lunch and knock off also hahaha. Which means less liquidity when they are not on their trading desks.

 

[meltan1990]

USD/JPY easier to play with as very liquid.

9 currency pair positions at the moment. 8 positions stuck!

AUD/USD
EUR/JPY
EUR/USD
GBP/USD
NZD/USD
CHF/SGD
USD/CAD
USD/JPY
USD/SGD

Unrealised Value of Positions: -US$3004

NO STOP LOSS. THE SKY IS THE LIMIT!

Who wants to challenge me? Hahaha!

lol. i can only salute u man. sky's really the limit for u.

 

[Mr.Canberra]

USD/JPY

lol. i can only salute u man. sky's really the limit for u.

Haha just finished my supper. That is lunch in the case for New York trader. Back to my "trading desk" and see USD/JPY plunged back to ¥118. Heng arh!

My analysis is it will bottom out around 5:00am. A LONG position at ¥118 region is rather risky. If able to open a low ball ¥117.5 position or below before closing will be ideal. Place a stop sell limit order for ¥118 and collect some easy pips when you wake up around 12:00pm.

 

[meltan1990]

ENTERED:

SELL GBP/JPY @ 147
TP1: 145.60
SL: 148

gd lark

just for the short term reversal

closed @ 146.71

looks like bulls wrestling back?

 

[meltan1990]

Haha just finished my supper. That is lunch in the case for New York trader. Back to my "trading desk" and see USD/JPY plunged back to ¥118. Heng arh!

My analysis is it will bottom out around 5:00am. A LONG position at ¥118 region is rather risky. If able to open a low ball ¥117.5 position or below before closing will be ideal. Place a stop sell limit order for ¥118 and collect some easy pips when you wake up around 12:00pm.

ya man u could be right.

the yen shorts r coming back...

 

[ctstalin]

Audcad short SL to BE
GBPUSD got stopped out, looking back, I had the chance to switch to short, but hesitated. Lesson learnt.

Sent from an offshore drilling platform somewhere using GAGT

 

[awful999]

Good morning trader, open trade today with a long on USDJPY @118.18

FAFA..huat ar...haha wish me good luck

 

[xersion]

Good morning trader, open trade today with a long on USDJPY @118.18

FAFA..huat ar...haha wish me good luck

Good luck and Huat ah

Sent from OPPO X9079 using GAGT

 

[awful999]

BULLET: FOREX: It was a quiet end to another busy week in....



FOREX: It was a quiet end to another busy week in the Asia-Pacific region, with
little in the way of a catalyst to drive markets, investors were happy to take a
'back-seat' as the weekend fast approaches. Dollar-yen started the day at
Y118.18 and held a Y117.96 to Y118.40 range, last at Y118.19. Euro-dollar traded
higher from $1.0406 to $1.0432 on light profit-taking. Euro was last at $1.0431.
Cable eased from $1.2436 to $1.2383 before recovering and was last at $1.2405.
Meanwhile, Aussie-dollar carved out a $0.7349 to $0.7370 range and was last at
$0.7360

 

[xersion]

Boring day

Sent from OPPO X9079 using GAGT

 

[Mr.Canberra]

USD/JPY

Haha just finished my supper. That is lunch in the case for New York trader. Back to my "trading desk" and see USD/JPY plunged back to ¥118. Heng arh!

My analysis is it will bottom out around 5:00am. A LONG position at ¥118 region is rather risky. If able to open a low ball ¥117.5 position or below before closing will be ideal. Place a stop sell limit order for ¥118 and collect some easy pips when you wake up around 12:00pm.

Before I sleep at 6:30am I placed a stop buy limit order for ¥117.998. Set take profit at ¥118.3. Woke up around noon and found I bagged 25 pips. No wonder had a good dream with sexy girl. No wet dream hor!

 

[Mr.Canberra]

Forex Scoreboard (Realised Gains)

-------------------------
16/12/2016
-------------------------
USD/JPY +25.59 pips
----------------------------------------------
~Mini lot contracts @ US$10,000 per position
~1 Pip = US$1.00
~Unrealised Value of Positions: -US$2907
----------------------------------------------

Very tight trading range for USD/JPY in Asia session. ¥118 and below is good buy for safety buffer. Overall is still up trend. Now is only intermission. Next week will have action.

Bargain window is open now. Japan market closed and day traders knock off.

 

[Mr.Canberra]

GOLD TECHS: Immediate Focus Now On $1113.2

*RES 4: $1172.1 - High Dec 9
*RES 3: $1151.0 - Low Dec 12 now resistance
*RES 2: $1144.6 - Hourly resistance Dec 14 & 15
*RES 1: $1134.7 - Hourly support Dec 15 now resistance
*PRICE: $1130.6 @ 2100GMT
*SUP 1: $1122.6 - Low Dec 15
*SUP 2: $1113.2 - High Jan 8 now support
*SUP 3: $1071.4 - Low Jan 14
*SUP 4: $1047.7 - Low Dec 17 2015

*COMMENTARY: Immediate pressure is now on the $1113.2 support with bears needing a close below to shift focus to $1147.7-1071.4. Daily and weekly studies at O/S levels remain the key concern for bears but with layers of resistance building bears remain in control. Bulls now need a close above $1151.0 to ease immediate bearish pressure whereas above $1202.8 is needed to end bearish hopes and shift focus back to the 55-DMA ($1230.3).

 

[treeskull]

Wah Ur unrealized loss so much

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT

 

[awful999]

Good morning trader, open trade today with a long on USDJPY @118.18

FAFA..huat ar...haha wish me good luck

open 4 more micro contact @ 117.9

 

[awful999]

*RES 4: $1172.1 - High Dec 9
*RES 3: $1151.0 - Low Dec 12 now resistance
*RES 2: $1144.6 - Hourly resistance Dec 14 & 15
*RES 1: $1134.7 - Hourly support Dec 15 now resistance
*PRICE: $1130.6 @ 2100GMT
*SUP 1: $1122.6 - Low Dec 15
*SUP 2: $1113.2 - High Jan 8 now support
*SUP 3: $1071.4 - Low Jan 14
*SUP 4: $1047.7 - Low Dec 17 2015

*COMMENTARY: Immediate pressure is now on the $1113.2 support with bears needing a close below to shift focus to $1147.7-1071.4. Daily and weekly studies at O/S levels remain the key concern for bears but with layers of resistance building bears remain in control. Bulls now need a close above $1151.0 to ease immediate bearish pressure whereas above $1202.8 is needed to end bearish hopes and shift focus back to the 55-DMA ($1230.3).

dont know when gold will back to action

 

[Mr.Canberra]

Wah Ur unrealized loss so much

Used to it already. Just let it run and recover. If unrealised loss of -US$2907 is a lot. Then what about those who play stocks with 5 figures unrealised losses? Tio boh?

Used margin maintain at 50% or less will be very safe even with black swan events.

open 4 more micro contact @ 117.9

Wow good price. I missed the boat just now.

dont know when gold will back to action

Will not be so fast. Low gold prices will be here to stay for now. End of Q1 or Q2 2017 then can take profit. Will buy physical gold bars on dips as long as have ammo haha. In the mean time keep scooping for cai png with Forex leverage.

 

[Clock]

the market is like fighting back today during asian hours. see how the market goes later...

 

[treeskull]

Usd correction finished?

Sent from 你是我的小啊小苹果儿怎么爱你都不嫌多红红的小脸儿温暖我的心窝点亮我生命的火火火火火火 using GAGT