EURUSD

Hey Gator, I read your every post, but I don't know what you mean by "ass chart". Is it an acronym or you're just being funny?

Thx Randy.

Gator pulls those charts out of his ass...literally.lol

DZ

I'm curious as to the numbers of contracts your holding for 150 pip prior to taking the profit? Likewise holding contracts for 40 or 50 pips.

I've only traded on test accounts (for 4 years) waiting for a chance to trade real money- which I finally have. I've spent the last 3 weeks studying everything I can about trade styles and methods. I'm cautious about how my success on test accounts will relate to trading on a real account- not on the psychological level- but rather the volume/pip I do. I'm often told I have unusual skills- but I've got nothing to compare it to. I don't know how other people do on test accounts. Perhaps someone can express their opinion on what I'm doing - is it possible to achieve the same with a real account.

I trade EUR/USD. I've traded on just about every test system out there with the same results. With accounts funded with 25k-100k fake money - I can double them in under 24 hours- no losses. Never using more than half the margin. (I'm currently retraining myself to use only 25% or less) I succeed by trading large lots (2M) for an average of 5-10 pips. Sometimes less. Rarely more. That means holding contracts as little as 26 seconds at times- 15 min occasionally. When the market goes against me- I wait it out- never taking a loss. With a 100k account- I don't hold more than 4M at a time- that way I've been able to ride out any market swing I've encountered. I never use stops. I'm currently teaching myself how to hedge.

I'm aware that high volume trading at a rapid pace can be costly- that's why I've been trading on accounts that take out commission and pips like a real account and I'm able to make it work for me. Trading safely (25% margin limit) I make a minimum 15k a day (50k account) 50k on a 100k account. No losses. I've experienced slippage issues and learned to avoid their impact. Still hesitant on which brokerage to use (ECN) I have 50k. Is there something I've missed- something I'm not taking into consideration with my style of trading? I've succeeded on 30- 40 test accounts using it. (Never failed)

So...?

some professor around here accused gator of pulling numbers out of his "ass", gator produced his charts....the rest is history !

at 16.00h we have open on usdchf at 549 ( above 546).... it's normally and even in this market a good sign , so eyes on it...

http://www.forexfactory.com/showthre...45#post3420445

i liked your answer better !

It seems like 1.0540 is protected well...maybe SNB?

USDX 4H Chart

Just wondering...still holding it?

http://www.forexfactory.com/showpost...stcount=184734

The liquidity went down the drain. Are we preparing for a surprise?

Guys,
I want to share some inside information with you all.
I was just told from a very reliable source that Euro will hit 1.4100 by friday.
Take your position and don't blame me if you miss the train.

No it does this everyday after the London Session closes.

Unfortunately not, nope. Short term trader by nature I closed way to soon. About 1.4080. Still have to learn to keep emotions under control. Rational part of my mind said its going down big time, but the little devil kept telling me to take these huge profits off the table before its to late.

Similar experience with oil yesterday. I hope I will be able to find a mental balance in the future for when I figure I sniped a good one...

its only tuesday in london lol

Was it Bigfoot?

are bulls already done? that was weak

Reliable sources with inside information don't talk to anyone that would be posting on a site like this. The big bankers are locked up, but they use media to draw in people to take the other side so that's one thing you can watch.

Also, whenever your broker says it's going to xxnumberxx by the end of the week it's a good idea to bet the opposite of what he said.

But... but.... what if... if they know that you know that they want to trick you?

Inverse psychology you mean?