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  • #417,841
  • Apr 5, 2011 6:22am Apr 5, 2011 6:22am
Quoting FibbinArchie
yeah british climate is a draw back, summer can be nice, the cold and wet makes you appreciate it more...
TY once again FibbinArchie. I traded on that weekly pivot and got some profit!


I think I'm an extremely short term trader, so I didn't get nearly as much as others probably would, but nonetheless it fell to the bottom line!

Is 50 pips profit per day an outlandish idea or typically possible?
  • #417,842
  • Apr 5, 2011 6:25am Apr 5, 2011 6:25am
Like yesterday scalpers-heaven, no long trades for me yet:

M15:
Attached Image (click to enlarge)
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Don't be a hero. Don't have an ego. Always question yourself
  • #417,843
  • Apr 5, 2011 6:27am Apr 5, 2011 6:27am
Quoting USD-Bear
Like yesterday scalpers-heaven, no long trades for me yet:

M15:
Attachment
Is there an indicator that will show the trades i've entered like that? and possibly the pips gained or lost?
  • #417,844
  • Apr 5, 2011 6:29am Apr 5, 2011 6:29am
Quoting Jordan Hall
TY once again FibbinArchie. I traded on that weekly pivot and got some profit!


I think I'm an extremely short term trader, so I didn't get nearly as much as others probably would, but nonetheless it fell to the bottom line!

Is 50 pips profit per day an outlandish idea or typically possible?
50 pips is a decent day in my book, like I said yesterday your main focus should be developing skills at the moment...

even if you target 20 pips a day, with careful money management and equity compounding that can turn into a very lucrative business...
  • #417,845
  • Apr 5, 2011 6:32am Apr 5, 2011 6:32am
Quoting FibbinArchie

even if you target 20 pips a day, with careful money management and equity compounding that can turn into a very lucrative business...
Thank you for always keeping me aware. Super important. I'm practicing patience today.
  • #417,846
  • Apr 5, 2011 6:32am Apr 5, 2011 6:32am
Quoting PipPipPip
i still think ny open will give it a small spike downward. what do you have for ism numbers?

Also, where would I be able to search for small spaces like that in manhattan? i would love a small cozy spot like that for that price.
yeah that's what I think, they'll want stops and to shakeout weak longs, let's see if the market agrees, assuming they don't extend the short term down trend of course, check your ff calender for ism...

that's in London, not sure about manhattan...
  • #417,847
  • Apr 5, 2011 6:36am Apr 5, 2011 6:36am
short 14170 looking for 14145 SL 14190
  • #417,848
  • Apr 5, 2011 6:36am Apr 5, 2011 6:36am
Quoting Jordan Hall
Thank you for always keeping me aware. Super important. I'm practicing patience today.
and don't forget JH there isn't such a thing as a holy grail, nothing works all the time...
  • #417,849
  • Apr 5, 2011 6:39am Apr 5, 2011 6:39am
Quoting FibbinArchie
and don't forget JH there isn't such a thing as a holy grail, nothing works all the time...
Hehe... Yes it does, it works all the t....
  • #417,850
  • Apr 5, 2011 6:39am Apr 5, 2011 6:39am
Quoting Jordan Hall
Is there an indicator that will show the trades i've entered like that? and possibly the pips gained or lost?
no indicator, just looking at USDX, slight preference for shorts but on TL's also longs quick profits ca. 10 pips and tight stops ca. 10 pips.
The arrows are standard within FXCM's Marketscope
Don't be a hero. Don't have an ego. Always question yourself
  • #417,851
  • Apr 5, 2011 6:47am Apr 5, 2011 6:47am
Quoting amgm2609

RYANAIR TO INTRODUCE ‘CHILD FREE’ FLIGHTS



[color=#222222][font=Verdana]Ryanair, the world’s favourite airlines, today announced that it will introduce ‘Child Free’ flights from October (winter schedule) after a Europe-wide survey of 1,000 passengers showed that half would pay higher fares to avoid other people’s children. The survey showed that a third of passengers (36%) have had flights ‘ruined’ by other people’s noisy kids with one in five passengers (18%) urging Ryanair to...
ROFL ROFL - that's a joke right? Understandable though. I'd pay more to avoid my daughter some days ... lol
Nothing worth having is easy.
  • #417,852
  • Apr 5, 2011 6:47am Apr 5, 2011 6:47am
ya, i remembered that from fxcm. I actually really liked their platform partially because of that.
  • #417,853
  • Apr 5, 2011 6:48am Apr 5, 2011 6:48am
Quoting USD-Bear
no indicator, just looking at USDX, slight preference for shorts but on TL's also longs quick profits ca. 10 pips and tight stops ca. 10 pips.
The arrows are standard within FXCM's Marketscope
Hi USDBear,

good to see your out from UJ thread, not much action going on there

However, all I have seen since the NFP is a small retailer sellout without much price movement, I would be scared of going short from here... But then again I have been long for a long time now 1.34 & 1.36.

Also long UJ as we speak...
  • #417,854
  • Apr 5, 2011 6:49am Apr 5, 2011 6:49am
Suppose break of 7630 WP/SR is what I should be looking for , for the short to play out ...
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  • #417,855
  • Apr 5, 2011 6:50am Apr 5, 2011 6:50am
still holding on to 4183 long , SL 4150

my USD/CAD short is doing fine (although they are contradicting)
  • #417,856
  • Apr 5, 2011 6:52am Apr 5, 2011 6:52am
Quoting EricKamezou
still holding on to 4183 long , SL 4150

my USD/CAD short is doing fine (although they are contradicting)
gonna be a lot of stops around there imo, you pretty much got a target painted on your back...

my two cents...
  • #417,857
  • Apr 5, 2011 6:54am Apr 5, 2011 6:54am
Quoting FibbinArchie
50 pips is a decent day in my book, like I said yesterday your main focus should be developing skills at the moment...

even if you target 20 pips a day, with careful money management and equity compounding that can turn into a very lucrative business...
Thats what I do. 20-30-40 pips day. I have no education in economics only what Ive learnt of the internet and of FF. Totally self taught.
Its better than any job I could get this.
rat
  • #417,858
  • Apr 5, 2011 6:56am Apr 5, 2011 6:56am
Quoting rattyo
Thats what I do. 20-30-40 pips day. I have no education in economics only what Ive learnt of the internet and of FF. Totally self taught.
Its better than any job I could get this.
if you're passionate about what you do, then that's half the battle imo, and if you do what you love, you'll never actually do a days work in your life, if that makes sense...
  • #417,859
  • Apr 5, 2011 7:02am Apr 5, 2011 7:02am
Quoting Larseg
Hi USDBear,

good to see your out from UJ thread, not much action going on there

However, all I have seen since the NFP is a small retailer sellout without much price movement, I would be scared of going short from here... But then again I have been long for a long time now 1.34 & 1.36.

Also long UJ as we speak...
Hi Larseg,

ah, got a wide spectrum, but yes UJ has a special place
Great you are able to hold those longer term positions, I've really tried that but somehow I'm mentally not able to deal with it.
Looking at daily USDX I have no problem going short at current levels, but then its only a few pips I'm chasing....
Good trading to you!
Don't be a hero. Don't have an ego. Always question yourself
  • #417,860
  • Apr 5, 2011 7:05am Apr 5, 2011 7:05am
So far my short term strategy is working, think I took around 20 pips since the pair is drudging along. It would be nice to see a breakout up or down though.

More important however, is that I've been consistent this AM, not jumping the gun or hoping while in a trade.
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