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  • #278,521
  • Aug 5, 2010 6:30pm Aug 5, 2010 6:30pm
good morning
  • #278,522
  • Aug 5, 2010 6:38pm Aug 5, 2010 6:38pm
Quoting flipnfaith
anyone have a good trading strategy for NFP ?
watch the first candle that spike out and really go for it , if it reverse reverse position until it's steadly goin in one direction with trail stop on it!!


hey jokin!!
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #278,523
  • Edited 7:32pm Aug 5, 2010 7:01pm | Edited 7:32pm
Anyone in here with IG Index or Markets?

They have this roll over thing.. I am new on the FX business so it actually made to lose money today. At 8.00 pm they closed a trade and opened a new one right after... I walked away from my PC praying for that trade to be at least on Break Even as it was a really bad trade and I wanted to get out of that. I returned and I was on a little profit so I closed it, but it was the "new trade" and it was actually far from BE.

I read terms and conditions and they say options to roll over to avoid it for expiring... Am I missing something in here? Does a trade ever expire until you press the button BUY or SELL? What if I want to leave open for weeks..?

Sorry, Just really pissed off at it.
  • #278,524
  • Aug 5, 2010 7:08pm Aug 5, 2010 7:08pm
Quoting Arona
Anyone in here with IG Index or Markets?

They have this roll over thing.. I am new on the FX business so it actually made to lose money today. At 8.00 pm they closed a trade and opened a new one right after... I walked away from my PC praying for that trade to be at least on Break Even as it was a really bad trade and I want to get out of that. I returned and I was on a little profit so I closed it, but it was the "new trade" and it was actually far from BE.

I read terms and conditions and they say options to roll over to avoid it for expiring......

If you held the trade open past whatever time your broker specifies you will pay or collect interest depending on the pair.
  • #278,525
  • Aug 5, 2010 7:18pm Aug 5, 2010 7:18pm
On July 21, Obama signed into law the Dodd-Frank act. This means all US based Forex brokers will be shut down in 90 days, unless the CFTC produces a set of regulations for all Forex brokers to follow.

The pdf is attached.
Attached File(s)
File Type: pdf Obama Threatens Forex.pdf   82 KB | 398 downloads
  • #278,526
  • Aug 5, 2010 7:26pm Aug 5, 2010 7:26pm
Quoting uraceulose
that thing is sweet man
Yes it's really sweet, although I've suffered some slippage while trading in it, weird.
  • #278,527
  • Aug 5, 2010 7:33pm Aug 5, 2010 7:33pm
G'day folks.

How's everyone? Just got here. What's the scoop?
Not all sins are created equal
  • #278,528
  • Aug 5, 2010 7:45pm Aug 5, 2010 7:45pm
What's up Jay?... Just Waiting On Euro to move... I bought this morning at 1.3141 going long.

Asian session is boring as usual.

Quoting Jay Walker
G'day folks.

How's everyone? Just got here. What's the scoop?
  • #278,529
  • Aug 5, 2010 7:58pm Aug 5, 2010 7:58pm
it seems have no trend before the non-farm employment index。
A chart helps those who can read it.
  • #278,530
  • Aug 5, 2010 8:00pm Aug 5, 2010 8:00pm
eurusd pair his average move become so big 1117 pip in one day
just one year i do not trade
and become that
if any one can explain it to me ?
  • #278,531
  • Aug 5, 2010 8:03pm Aug 5, 2010 8:03pm
at deep water.1.3050 is the gate
  • #278,532
  • Aug 5, 2010 8:10pm Aug 5, 2010 8:10pm
Quoting dreed
What's up Jay?... Just Waiting On Euro to move... I bought this morning at 1.3141 going long.

Asian session is boring as usual.
Hey dreed.

Not moving a whole lot right now. If it does move today at all, it will be a big move.
Not all sins are created equal
  • #278,533
  • Aug 5, 2010 8:11pm Aug 5, 2010 8:11pm
Quoting geniusztc
it seems have no trend before the non-farm employment index。
Oh yeah, been waiting for it all week, hopefully I can finally set my long Long on the AUDJPY. Tomorrow the Yen is going to be the thermometer of market sentiment and GBPJPY could be the ATM.
  • #278,534
  • Aug 5, 2010 8:12pm Aug 5, 2010 8:12pm
Great minds think alike. I feel it will make a big move as well.

Hopefully for me, it will be a move to the upside. If not, my stops are in place as insurance.

Quoting Jay Walker
Hey dreed.

Not moving a whole lot right now. If it does move today at all, it will be a big move.
  • #278,535
  • Aug 5, 2010 8:16pm Aug 5, 2010 8:16pm
Quoting dreed
Great minds think alike. I feel it will make a big move as well.

Hopefully for me, it will be a move to the upside. If not, my stops are in place as insurance.
I'm long too.
Not all sins are created equal
  • #278,536
  • Aug 5, 2010 8:17pm Aug 5, 2010 8:17pm
You just proved my point... Great minds think alike. Where did you get in at?

Quoting Jay Walker
I'm long too.
  • #278,537
  • Aug 5, 2010 8:19pm Aug 5, 2010 8:19pm
Quoting dreed
You just proved my point... Great minds think alike. Where did you get in at?
1.2951
Not all sins are created equal
  • #278,538
  • Aug 5, 2010 8:23pm Aug 5, 2010 8:23pm
Finally some movement in eur/jpy and eur/chf the past 30 minutes or so.
  • #278,539
  • Aug 5, 2010 8:25pm Aug 5, 2010 8:25pm
what the average of earn pip in day
last 2 days i get 730 pip just
  • #278,540
  • Aug 5, 2010 8:26pm Aug 5, 2010 8:26pm
Very Nice.... Awesome Entry Jay. I am usually not in the market that Long. I've been buying on dips, and banking my profits along the way.

Since I am doing this for a living, I make sure I bank the profits once my Target is hit, and wait for another entry point, and repeat the cycle over again.

Looks like its moving our way Jay.

Quoting Jay Walker
1.2951
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