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MoneyFocus' thread of forex and fun

  • #201
  • Nov 27, 2017 8:00am Nov 27, 2017 8:00am
Quoting HockMan
I am down 550k. I long usd against eur, xau, gbp. I guess i am dumb and believe in usd. Now i am really in deep trouble. Stressassss....
Serious?
Never Ever Give Up
  • #202
  • Nov 27, 2017 8:01am Nov 27, 2017 8:01am
the usd index is very negative today
  • #203
  • Nov 27, 2017 8:07am Nov 27, 2017 8:07am
Hello guys, I am a trader from Malaysia. Have been following the forex market for a long time and this would be my first time trading the markets. I would love to learn more about trading from this thread.
  • #204
  • Nov 27, 2017 8:08am Nov 27, 2017 8:08am
Quoting HockMan
I am down 550k. I long usd against eur, xau, gbp. I guess i am dumb and believe in usd. Now i am really in deep trouble. Stressassss....
Mate, share your current positions and maybe some of us can help.
  • #205
  • Nov 27, 2017 8:09am Nov 27, 2017 8:09am
Quoting sumar
{quote} Serious?
550K could be rupiah, he is from Indonesia. That would mean...USD 40.
  • #206
  • Nov 27, 2017 8:11am Nov 27, 2017 8:11am
Quoting observador77
the usd index is very negative today
New week, same story?
  • #207
  • Nov 27, 2017 8:13am Nov 27, 2017 8:13am
Quoting HockMan
I am down 550k. I long usd against eur, xau, gbp. I guess i am dumb and believe in usd. Now i am really in deep trouble. Stressassss....
Are your positions:

1. Short EUR/USD
2. Short XAU/USD
3. Short GBP/USD?
  • #208
  • Nov 27, 2017 8:34am Nov 27, 2017 8:34am
Quoting qslee95
Hello guys, I am a trader from Malaysia. Have been following the forex market for a long time and this would be my first time trading the markets. I would love to learn more about trading from this thread.
thats what we are all here for. i would suggest that you do not follow others blindly, use this place for conformation for your analysis. welcome aboard.
  • #209
  • Nov 27, 2017 8:36am Nov 27, 2017 8:36am
Quoting MoneyFocus
{quote} 550K could be rupiah, he is from Indonesia. That would mean...USD 40.
That makes sense....lol
Never Ever Give Up
  • #210
  • Nov 27, 2017 8:38am Nov 27, 2017 8:38am
Quoting qslee95
Hello guys, I am a trader from Malaysia. Have been following the forex market for a long time and this would be my first time trading the markets. I would love to learn more about trading from this thread.
hello! which part of malaysia do you come from? I do visit Msia qutie often!
  • #211
  • Nov 27, 2017 8:52am Nov 27, 2017 8:52am
Quoting MoneyFocus
{quote} hello! which part of malaysia do you come from? I do visit Msia qutie often!
I come from Penang island.
  • #212
  • Nov 27, 2017 10:06am Nov 27, 2017 10:06am
Quoting qslee95
{quote} I come from Penang island.
I see..I've been to KL, JB, Ipoh and KK, but never to Penang. Have you been to Singapore?
  • #213
  • Nov 27, 2017 10:18am Nov 27, 2017 10:18am
Dragon has been kind to me today again.
  • #214
  • Nov 27, 2017 10:37am Nov 27, 2017 10:37am
Quoting MoneyFocus
{quote} I see..I've been to KL, JB, Ipoh and KK, but never to Penang. Have you been to Singapore?
Yes been there twice but the last time I went to Singapore was 3 years ago. You should come and visit Penang. I'll see if I have the chance to show you around.
  • #215
  • Nov 27, 2017 10:42am Nov 27, 2017 10:42am
Yes i am in the water for USD 550k not rupiah. No bullshit. Short eurusd, short gbpusd, shord xauusd, short gbpjpy and short bitcoin. I am toast holding all long usd!
  • #216
  • Nov 27, 2017 10:43am Nov 27, 2017 10:43am
Quoting qslee95
{quote} Yes been there twice but the last time I went to Singapore was 3 years ago. You should come and visit Penang. I'll see if I have the chance to show you around.
That's awfully nice of you, the same invitation is extended to you or anyone who visits Singapore.
  • #217
  • Nov 27, 2017 10:44am Nov 27, 2017 10:44am
Quoting HockMan
Yes i am in the water for USD 550k not rupiah. No bullshit. Short eurusd, short gbpusd, shord xauusd, short gbpjpy and short bitcoin. I am toast holding all long usd!
Entry prices? I think you're toasted very badly on BTC/USD as most brokerages offer much lesser margin for cryptocurrencies.
  • #218
  • Nov 27, 2017 10:59am Nov 27, 2017 10:59am
Quoting HockMan
Yes i am in the water for USD 550k not rupiah. No bullshit. Short eurusd, short gbpusd, shord xauusd, short gbpjpy and short bitcoin. I am toast holding all long usd!
gbpjpy and gbpusd shorts should be fine.

eurusd should cool off sometime, so you might have a better exit.
  • #219
  • Nov 27, 2017 11:28am Nov 27, 2017 11:28am
I hv been averaging short eurusd gbpusd xauusd. Short gbpjpy is well below 138. I hold positions for a long time already. Just being stupid keep averaging. My average eurusd is 111. Gbpusd 128. Gbpjpy 136.50. Xauusd 1248. All f up. Stresssssss.
  • #220
  • Nov 27, 2017 11:54am Nov 27, 2017 11:54am
Quoting HockMan
I hv been averaging short eurusd gbpusd xauusd. Short gbpjpy is well below 138. I hold positions for a long time already. Just being stupid keep averaging. My average eurusd is 111. Gbpusd 128. Gbpjpy 136.50. Xauusd 1248. All f up. Stresssssss.
OK pal, I have no idea how big your account is and what not, but the numbers you quoted are from a long time ago, as you stated.

What's your current margin level, free equity etc? How did you mess up so bad? Would you be coming to Singapore? Not sure which part of Indonesia you reside in, but Indonesia isn't that far from Singapore. Pop over and this would be hell lot easier.
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