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- RvrsTrader replied Oct 26, 2006
I got a Pocket PC last week and it workd great for trading. I use MT4 Mobile for charts and FOREXTrader.wireless for trading (my broker's mobile platform). Its worth buying one if you cannot always get to a computer
- RvrsTrader replied Oct 26, 2006
Looks hardcore! :surprised Any profits/losses?
- RvrsTrader replied Oct 26, 2006
Net realized P/L:-$245 Account Balance: $714 Trade 13: Currencty Pair: USD/JPY Order type: Instant Execution Buy/Sell: Sell Lots: 2 Order rate: 118.33 Limit: 117.50 Stop Loss: 118.90 Potential profit: 83 pips Potential loss: 57 pips Risk/Reward: ...
- RvrsTrader replied Oct 26, 2006
As everyone here knows, I have made some bad calls recently; but I went short on USD/JPY with a short-term target at 117.50. When the GDP comes out tomorrow, I will have exited with my limit or my stop loss at 119.00. Hope for the best
- RvrsTrader replied Oct 25, 2006
Good advice. Thanks
- RvrsTrader replied Oct 25, 2006
Net realized P/L since Oct 22: -$221 Account Balance: $738 Wow! What just happened! I broke all the rules and contradicted all advice I got! Ended up losing a large chunk of my account. Kinda emabarassing too...I need some time away from the Forex. ...
- RvrsTrader replied Oct 25, 2006
Looks like .6555 was the bottom, could not see it go lower. Don't think the release with no change in the rate can cause anything more that the 65 pips already. But I have been making bad calls all day so never know
- RvrsTrader replied Oct 25, 2006
Lesson learner on the NZD Cash rate relese: Actually use the lessons learned within the last hour! lol Will post details later
- RvrsTrader replied Oct 25, 2006
Closed the trade ------------------- Net realized P/L since Oct 22: -$53 Account Balance: $906
- RvrsTrader replied Oct 25, 2006
I do have a stop on this one at 1.8800, but not on the other trades...it was all too quick. This $80-90 loss is a small price to pay for the experience. I am not regretting it at all A funny thing though that this is the 3rd time I get within $50 of ...
- RvrsTrader replied Oct 25, 2006
You're right. I raised my limit on that order to 1.8780 - breakeven
- RvrsTrader replied Oct 25, 2006
Possible...but not likely
- RvrsTrader replied Oct 25, 2006
Just posted in my journal (sig)
- RvrsTrader replied Oct 25, 2006
Just traded the FOMC release. This was my first time trading a new event in real time, so I didn't have a technique. It didn't go very well in terms of P/L, but Im glad that I have the experience now. I ended up making 7 trades, too many to list ...
- RvrsTrader replied Oct 25, 2006
the NZD rate decision is coming out in 50 min...might cause the same roller-coaster on the NZD/USD pair. I will try to trade that one too with the lessons learned from the FOMC
- RvrsTrader replied Oct 25, 2006
Where is the 1st place online that the interest rate is posted? Would this be it: http://www.rbnz.govt.nz/monpol/statements/0090630.html ?
- RvrsTrader replied Oct 25, 2006
I am currenty short on GBP/USD at 1.8780 with a limit at 1.8762 to make my stupid losses back.
- RvrsTrader replied Oct 25, 2006
This was my first experience with trading during a major release... few lessons learned; will post details in my journal later
- RvrsTrader replied Oct 25, 2006
Wow, I sucked on this one. Jumped short on GBP/USD toooo early It was sooo easy to make money on this reverse, but I will end up even
- RvrsTrader replied Oct 25, 2006
I definitely screwed this one up! lol