Pro Swing Trading | Page 119 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Swing high / Swing low indictator+alert? 20 replies

Trading Swing by Swing 39 replies

Swing highs and swing lows 3 replies

swing trading with the pro 190 replies

swing high/swing low indicator and volume tic history 13 replies

Attachments: Pro Swing Trading
Exit Attachments

Pro Swing Trading

  • #2,361
  • Nov 25, 2010 10:30am Nov 25, 2010 10:30am
Quoting AusFXMatt
Hey guys. Anyone else take a loss on USCAD?
Cad has been one of the stronger currencies..look at oil, why would you lose on it? it has been a short since sunday
Don't chase the market, Let the market come to you
  • #2,362
  • Nov 25, 2010 10:35am Nov 25, 2010 10:35am
Quoting Tmac
Cad has been one of the stronger currencies..look at oil, why would you lose on it? it has been a short since sunday
we were given a long signal.
  • #2,363
  • Nov 25, 2010 10:52am Nov 25, 2010 10:52am
Quoting Jenks_fx
we were given a long signal.
my apologies, may I suggest you look at your own charts and not blindly follow anyone. I am sure nic is good but one should never just take a trade not knowing why or understanding the reasons behnd it. Oil has been bullish with a small pullback. from these levels it look far better long but with the holidays and such low liquidity in the market it is not worth trading
Don't chase the market, Let the market come to you
  • #2,364
  • Edited 11:01am Nov 25, 2010 10:58am | Edited 11:01am
Quoting Tmac
my apologies, may I suggest you look at your own charts and not blindly follow anyone. I am sure nic is good but one should never just take a trade not knowing why or understanding the reasons behnd it. Oil has been bullish with a small pullback. from these levels it look far better long but with the holidays and such low liquidity in the market it is not worth trading
I'm doing small trades to begin with to see whether it's worth using the signal or not. So far I'm less than impressed tbh.

fyi/ I'm not saying all the calls are incorrect, far from it.

Somebody previously asked the question re. what the trade calls were based on and this was the reply:

http://www.forexfactory.com/showpost...postcount=2269
  • #2,365
  • Nov 25, 2010 11:01am Nov 25, 2010 11:01am
Hi ,

Today because of holiday market has crazy PA and sideway all time, so better stay away from it for awhile.

Cheers
Nick
  • #2,366
  • Nov 25, 2010 11:11am Nov 25, 2010 11:11am
Quoting Jenks_fx
I'm doing small trades to begin with to see whether it's worth using the signal or not. So far I'm less than impressed tbh.

fyi/ I'm not saying all the calls are incorrect, far from it.

Somebody previously asked the question re. what the trade calls were based on and this was the reply:

http://www.forexfactory.com/showpost...postcount=2269
yes they are base on technical but sometimes market moves for some fundamentals, no one can control them
  • #2,367
  • Nov 26, 2010 12:45am Nov 26, 2010 12:45am
well i held my cool, i just got out at 1 pip to cover the swap for that trade.

too uncomfortable, just get the hell out and look for another set up,
which i did!

i took the AU short @ .9818 up over 100, so thats nice!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,368
  • Nov 26, 2010 2:16am Nov 26, 2010 2:16am
I never got a signal for AU short??
  • #2,369
  • Nov 26, 2010 3:24am Nov 26, 2010 3:24am
there was NO signal for a short on AU....
its was my own trade.....

coz i cant LEARN anything from a signal service apparently, eh hmm

no matter,
keep on groov'n!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,370
  • Nov 26, 2010 7:48am Nov 26, 2010 7:48am
UC i put 60 ips stop loss, soooo close it stared my stop in the eye and rejected the price
AU was my own idea....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UC 40 and 60 pips.JPG Size: 23 KB
Click to Enlarge Name: AU 160.JPG Size: 44 KB
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,371
  • Nov 29, 2010 7:39am Nov 29, 2010 7:39am
Hi,

I hope you had great weekend, Market so far has nothing for us... lets see what will happen within next hours.
  • #2,372
  • Nov 30, 2010 3:55am Nov 30, 2010 3:55am
The euro hit a 10-week low against the dollar and world stocks struggled on Tuesday as euro zone debt problems weighed on investor sentiment even after Ireland's bailout.

The premium investors demand to hold Spanish and Italian sovereign bonds over German bonds hit their highest since the euro's launch while some of the region's "core" debt issuers, including France, were pressured.

An 85 billion euro package for Ireland announced on Sunday did little to stem fiscal concerns, as speculators targeted other debt-laden countries.

"Speculators are targeting Italy and Spain and are not going to stop. We haven't seen any selling from real money (accounts) yet, they're all very nervous but haven't started selling, when they do it's going to be a wash," one Italian trader said.

The spread between Spanish 10-year bond yields over those of Germany widened by 20 basis points to 297 basis points, while Italian 10-year spreads rose for a fourth day to 210 basis points.

Yields on the 10-year Spanish bond rose for the eleventh consecutive session to 5.65 percent, while Italian 10-year debt yields rose to 4.77 percent.

The euro fell as low as $1.3016, down 0.7 percent on the day, and its lowest since late September.

"The euro has had a hard fall and has not been lifted by the finalizing of the Irish rescue deal," said Stephan Maier, currency strategist at Unicredit in Milan.
  • #2,373
  • Nov 30, 2010 2:38pm Nov 30, 2010 2:38pm
Don't forget that today is the last day of the month!

Also, 3:30 pm est right now and the Budget Commission in the U.S. just publicly announced that the U.S. is in deep trouble.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 98 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,374
  • Nov 30, 2010 5:54pm Nov 30, 2010 5:54pm
Quoting Chocol8Elvis
there was NO signal for a short on AU....
its was my own trade.....

coz i cant LEARN anything from a signal service apparently, eh hmm

no matter,
keep on groov'n!
How did you come up with the idea for the trade?

I've learned tons from following Nick's trades.

About 60% of mine are based on his methods.
  • #2,375
  • Dec 1, 2010 1:09am Dec 1, 2010 1:09am
what is the price for this service each month???
I just can't find it out in your website.
  • #2,376
  • Dec 1, 2010 8:49am Dec 1, 2010 8:49am
Quoting muks84
settings to understand them corectly

Break even @ 40.0 = pips? (comes to BE when 40 pips is achived?) --> YES, RIGHT

close half @ 50.0 ok this is easy --> This is absolutely right

Risk amount @ 250.0 is this the currnecy value? meaning irsk factor of $250?
perhaps elaborate a bit on this setting please --> [color=red]This settings will not effect how the EA behave/function, its only to calculate for you the lot size according to risk ammount and stoploss value. You can see it (the calculated lot size)...

i cant get this EA tofunction properly on a 5 digit broker, dang thing stoll closes half the position out at 20 pips even if it is set to 400.0 driving me NUTS!!!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,377
  • Dec 1, 2010 8:51am Dec 1, 2010 8:51am
Quoting captmilkdud
How did you come up with the idea for the trade?

I've learned tons from following Nick's trades.

About 60% of mine are based on his methods.
i'm not saying i understand the straegy complety, but its giving me some insight to what i should be looking for captmilkdud
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,378
  • Dec 1, 2010 9:41am Dec 1, 2010 9:41am
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 25 KB
  • #2,379
  • Dec 1, 2010 11:08am Dec 1, 2010 11:08am
The Federal Reserve on Wednesday released data on more than 21,000 transactions from 11 different programs. Most of the programs, created during the credit crunch, were closed earlier this year. The central bank, which was forced into the release by the Dodd-Frank Act, said it incurred no credit losses on programs that have been wound down and expects to incur no credit losses on the few remaining eligble programs. The transactions, from Dec. 1, 2007 to July 21, 2010, were from facilities for money market mutual funds, commercial paper, agency mortgage-backed securities purchases and direct assistance to Bear Stearns and American International Group. The Fed also said it will start releasing discount window and open market operations after July 21, 2010 on a two-year lag
  • #2,380
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
well i got 50 pips before that gust of wind swept the EU up, closed other half at BE ofcourse
if i used every commercial EA i would be a brazilianare by next week!!!!
1 trader viewing now