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  • #1,021
  • Aug 9, 2018 1:29am Aug 9, 2018 1:29am
Hahahaha Interesting Thread..Well thats absolutely a BigLie in my opninion...Trust me anyone who says Fundamentals are better than Technicals have not really had a jaw breaking experience in trading with technicals especially when you enter into Quant
What Goes Around Comes Around
  • #1,022
  • Aug 9, 2018 1:37am Aug 9, 2018 1:37am
I took another long on eur/nzd due to rbnz govenar being so dovish last night and woke up to see my take profit had been hit
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  • #1,023
  • Aug 9, 2018 1:38am Aug 9, 2018 1:38am
Quoting Samson85
I took another long on eur/nzd due to rbnz govenar being so dovish last night and woke up to see my take profit had been hit {image}
Here is the result I woke up to in the morning
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  • #1,024
  • Aug 9, 2018 3:36am Aug 9, 2018 3:36am
Quoting hanover
{quote}Agree, good post, fundamental trading can be very rewarding, but (like everything else) with the proviso that you know what you're doing. Pairing a strong currency against a weak one can improve your odds. Having access to an institutional grade news feed is important, for obvious reasons, if one is trading high impact news. The top institutional players know what the market is looking for, what numbers the central bankers are focused on, and how much deviation from expected news outcomes is required to (probably) cause a certain size move....
Truly pairing strong against the weak currencies has really given me an edge.. Hanover... "Many of these folk also have excellent feel for where 'fair value' should be, and place their biggest bets when price is at its greatest deviation from this value, or when there is otherwise a divergence between the direction price is actually moving, and the direction price 'should' be moving, according to key fundamental measures. " intuitive trading. . I love this part.... Any lead on how to become so in tune with fundamentals?
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #1,025
  • Aug 9, 2018 3:45am Aug 9, 2018 3:45am
Hi Samson... just wanna ask how you determine TP? I don't have pivots in my phone xD. In any case, I just exit based on gut feeling. I feel like I'm cutting my profit short but then again, I think it's good to not be greedy.
  • #1,026
  • Aug 9, 2018 10:22am Aug 9, 2018 10:22am
Today's trades on the 5k account were tesla, gbp/USD and oil.

Tesla because the statement they released was bland so I shorted.

Gbp/USD- positive eu news but I knew the good high was an entry to short as brexit and dollar to powerful to hold highs.

Oil short due to strong dollar and other factors.

I have started trading stocks also as I have a preview of the of the fundamentals 1 hour before the open.
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  • #1,027
  • Aug 9, 2018 11:51am Aug 9, 2018 11:51am
Quoting Samson85
Today's trades on the 5k account were tesla, gbp/USD and oil. Tesla because the statement they released was bland so I shorted. Gbp/USD- positive eu news but I knew the good high was an entry to short as brexit and dollar to powerful to hold highs. Oil short due to strong dollar and other factors. I have started trading stocks also as I have a preview of the of the fundamentals 1 hour before the open. {image} {image} {image}

Just took profit on cable before it hit the TP #NoPateince
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  • #1,028
  • Aug 9, 2018 12:09pm Aug 9, 2018 12:09pm
Quoting Samson85
Today's trades on the 5k account were tesla, gbp/USD and oil. Tesla because the statement they released was bland so I shorted. Gbp/USD- positive eu news but I knew the good high was an entry to short as brexit and dollar to powerful to hold highs. Oil short due to strong dollar and other factors. I have started trading stocks also as I have a preview of the of the fundamentals 1 hour before the open. {image} {image} {image}
Closed tesla for profit.
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  • #1,029
  • Aug 9, 2018 2:46pm Aug 9, 2018 2:46pm
Quoting Samson85
Today's trades on the 5k account were tesla, gbp/USD and oil. Tesla because the statement they released was bland so I shorted. Gbp/USD- positive eu news but I knew the good high was an entry to short as brexit and dollar to powerful to hold highs. Oil short due to strong dollar and other factors. I have started trading stocks also as I have a preview of the of the fundamentals 1 hour before the open. {image} {image} {image}

Closed oil for 7 pips profit I don't need the stress!!
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  • #1,030
  • Aug 10, 2018 12:39am Aug 10, 2018 12:39am
Quoting rescuenava
Hi Samson... just wanna ask how you determine TP? I don't have pivots in my phone xD. In any case, I just exit based on gut feeling. I feel like I'm cutting my profit short but then again, I think it's good to not be greedy.

The previous days highs and lows can be used as TP. Pivot points I should only use for TP when I'm trading a risk event like I did with the NZD two days ago.
  • #1,031
  • Aug 10, 2018 12:49am Aug 10, 2018 12:49am
Quoting DashKing
{quote} Truly pairing strong against the weak currencies has really given me an edge.. Hanover... "Many of these folk also have excellent feel for where 'fair value' should be, and place their biggest bets when price is at its greatest deviation from this value, or when there is otherwise a divergence between the direction price is actually moving, and the direction price 'should' be moving, according to key fundamental measures. " intuitive trading. . I love this part.... Any lead on how to become so in tune with fundamentals?

Go to forexlive.com and it will give you the option to receive instant alerts or sign up to Ransquawk and get a 2 week free trial.
  • #1,032
  • Aug 11, 2018 2:51am Aug 11, 2018 2:51am
Quoting Samson85
{quote} Go to forexlive.com and it will give you the option to receive instant alerts or sign up to Ransquawk and get a 2 week free trial.
i have personally used both and they all have their pros and cons but i will definitely pick forexlive over ransquawk..thats just my opinion i might be wrong tho.
''If its BULLSHIT when automated trading it manually is STUPIDITY''
  • #1,033
  • Aug 11, 2018 2:59pm Aug 11, 2018 2:59pm
Quoting TrillionMind
{quote} i have personally used both and they all have their pros and cons but i will definitely pick forexlive over ransquawk..thats just my opinion i might be wrong tho.
Both do good morning analysis but Ransquwk will make you more money as they deliver the ground breaking news and help you trade statements with ease
  • #1,034
  • Aug 11, 2018 3:14pm Aug 11, 2018 3:14pm
I agree with you Samson. Ransquawk is a very good squawk. I cannot imagine trading Forex without using Ransquawk. The information provided daily gives us that Edge we need to be sucessful in trading Forex. I would recommend Ransquawk to Everyone.
  • #1,035
  • Aug 12, 2018 3:19pm Aug 12, 2018 3:19pm
Friday I went long usd/mxn and usd/try as I knew traders would add to positions due to turmoil in both countries.

Right now my broker is refusing to open try as they will lose a fortune
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  • #1,036
  • Aug 12, 2018 3:21pm Aug 12, 2018 3:21pm
Quoting Samson85
Friday I went long usd/mxn and usd/try as I knew traders would add to positions due to turmoil in both countries. Right now my broker is refusing to open try as they will lose a fortune {image}

They just opened it. #Funfamentals
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  • #1,037
  • Aug 12, 2018 4:05pm Aug 12, 2018 4:05pm
Closed my usdmxn and 75% of my TRy
  • #1,038
  • Aug 13, 2018 4:49am Aug 13, 2018 4:49am
Banks trades of the week:


Citi trade recommendation - sell Eur/Usd at 1.1376, target 1.1100, 1.1525 stop


MS trades of the week: sell Usd/Jpy at market (circa 110.20), target 104.00 and stop 113.20,

sell Zar/JPY at market (around 7.57) for 7.10 and stop 8.00
  • #1,039
  • Aug 13, 2018 4:56am Aug 13, 2018 4:56am
Quoting Samson85
Banks trades of the week: Citi trade recommendation - sell Eur/Usd at 1.1376, target 1.1100, 1.1525 stop MS trades of the week: sell Usd/Jpy at market (circa 110.20), target 104.00 and stop 113.20, sell Zar/JPY at market (around 7.57) for 7.10 and stop 8.00
where does this information publish?
  • #1,040
  • Aug 13, 2018 5:21am Aug 13, 2018 5:21am
Quoting 5aztv88
{quote} where does this information publish?
Zar sell makes sense with all the disruption of the govt condoning stripping white farmers of their land? I guess any up move would be a sell on the ZAR--
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