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- mikekneip replied Feb 7, 2011
eurusd just reached the first target ... entry at 1.3581 SL 1.3607 first TP 1.3568
Profit All Day System
- mikekneip replied Feb 7, 2011
nice short setup on Cable once it broke 1.6145. already 70% TP level reached also short setup on eurusd reached. unfortunately i have little confidence in those trades, so i took them with very little risk (0.5%)
Profit All Day System
- mikekneip replied Nov 8, 2010
dude, i think i have to correct you. a yard is a billion worth of a particular currency ... in the eurusd case this would be equivalent to a pip value of 100.000$ a pip value of $500 would stem from a position size of $5.000.000
EURUSD
- mikekneip replied Nov 5, 2010
there sure seems to be solid buying interest in below 14080 ... what is it gonna take to get rid of that ????? i doubt this baby can go higher than 14120 ... but what do I know no understanding the market these days
EURUSD
- mikekneip replied Jul 2, 2010
i disagree, fundamentally speaking EUR/USD should be oscillating between 1.20 and 1.30 ... 1.1 would be undervalued, but that doesnt mean that it is not going to happen anyways
EURUSD
- mikekneip replied Jul 1, 2010
dont ever call anything "safe to trade" .... it will eventually cloud your judgement ... nothing is ever safe trust me!
EURUSD
- mikekneip replied Jun 30, 2010
i would say that a retest of 12150 could be the first target ... with that broken maybe even 12050 ... i wouldnt bet on that though ... dollar was relatively weak considering the immense weakness in stocks
EURUSD
- mikekneip replied Jun 4, 2010
check your weekend settings. i had the same problems after i moved to a new timezone and it also took me a little while to figure out what was wrong
EURUSD
- mikekneip replied Jun 1, 2010
the mexican peso can move that much, but you also have to take a look at the pip value which is pretty low considering the exchange rate of 1:12.9 ... 6000 is a big move but nothing out of the ordinary
EURUSD
- mikekneip replied Apr 12, 2010
For me over-trading happen when I am really tired and instead of walking the f... away from the screen I keep on trading. As long as I am awake and focused I feel like I can take as many trades as I want. Not being at your best, physically and ...
What is over-trading?
- mikekneip replied Apr 1, 2010
funny ... got filled at 4409 as well ... but closed at 1.435 .... time to head into the well deserved weekend. plus position was big enough to give me a handsome profit ;-)
EUR/CHF
- mikekneip replied Apr 1, 2010
I would assume that they bought more Usd than euros. It would be reasonable to assume that they are gonna make a profit on the dollars that they bought. At least if i were the SNB i would do it that way. buying around 1.05 should be good to unload ...
EURUSD
- mikekneip replied Mar 25, 2010
ok. i updated my anti virus software and the problem dissapeared
Did anyone else have to do that MT4 live update today?
- mikekneip replied Mar 25, 2010
thanks for the info ... i guess it is time to have a serious conversation with my anti virus program
Did anyone else have to do that MT4 live update today?
- mikekneip replied Mar 25, 2010
same situation here. interestingly enough only 2 of my demos that i use for charting wanted me to update. fxopen's mt4 hasn't complained yet i haven't found a solution yet ... it is annoying though, that is for sure
Did anyone else have to do that MT4 live update today?
- mikekneip replied Mar 25, 2010
You can push things very far with Oanda. I buy and sell 1mill all the time ... it's a tiny amount in this market. I know for a fact that oanda has customers that have open positions above 500 million. you should start worrying once you have to buy ...
Central Banks & Big Players
- mikekneip replied Mar 14, 2010
I hope you are right ... wouldnt mind playing eurchf on the long side for more than just 5min ... long term shorts arent cheap considering negative swaps
EURUSD