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AUD/USD

  • #70,281
  • Dec 4, 2013 8:28pm Dec 4, 2013 8:28pm
Quoting Gwan
{quote} you trade $10 a pip? margin call at another 10 pip? with 9 pip spread? what you need is luck.

I need god to bless me....i am ready to lose about 50USD,

thanks for ur advise.

My spread was 5 pip.

Damm....margin left 300%.....

Dying....ya, $10 per pip.....
was thought negative data will move aud/jpy further down, who knows gone up again...
  • #70,282
  • Dec 4, 2013 8:31pm Dec 4, 2013 8:31pm
will the japan 10 years bond weaken JPY ?

i need 10pips movement only...
to close my short... what i need is BE
  • #70,283
  • Dec 4, 2013 8:35pm Dec 4, 2013 8:35pm
Quoting waifong
{quote} I need god to bless me....i am ready to lose about 50USD, thanks for ur advise. My spread was 5 pip. Damm....margin left 300%..... Dying....ya, $10 per pip..... was thought negative data will move aud/jpy further down, who knows gone up again...
Data not really high impact in history movement... and is RSI oversold situation.. anyhow will bounce before further drop..

God bless you
  • #70,284
  • Dec 4, 2013 8:36pm Dec 4, 2013 8:36pm
Quoting waifong
will the japan 10 years bond weaken JPY ? i need 10pips movement only... to close my short... what i need is BE
I am interested in your trading strategy / plan. Sounds interesting.
Make sure that the light at the end of the tunnel is not an on coming train
  • #70,285
  • Dec 4, 2013 8:39pm Dec 4, 2013 8:39pm
Aud/jpy

We may see sudden drop to the 91.80 very soon...
  • #70,286
  • Dec 4, 2013 8:47pm Dec 4, 2013 8:47pm
Quoting davidsayli
Aud/jpy We may see sudden drop to the 91.80 very soon...

Really ?

91.8 then i will be profit

but my account just small, 700 USD only,

but leverage 1:500, bought 1lot aud/jpy,

Damm damm ! @@

Btw, david, what makes u feel for 91.8 ?
can share ?
  • #70,287
  • Dec 4, 2013 8:50pm Dec 4, 2013 8:50pm
Quoting waifong
{quote} I need god to bless me....i am ready to lose about 50USD, thanks for ur advise. My spread was 5 pip. Damm....margin left 300%..... Dying....ya, $10 per pip..... was thought negative data will move aud/jpy further down, who knows gone up again...

been there, done that.
the adrenalin rush is so addicting. i 've lost to that temptation so many times.
  • #70,288
  • Dec 4, 2013 8:50pm Dec 4, 2013 8:50pm
Quoting Mark up
{quote} I am interested in your trading strategy / plan. Sounds interesting.


we will see how later,

my chart showing bull from now , and retracement back,

haizzz, that's why i am worried..

last day i trade Steerling also same situation,

Losing 260USD with 1lot, margin left 100usd, at the end gained back with profit 15USD
thanks god ! ( That time was green data for GBP, but the GBP keep going south.....)
  • #70,289
  • Edited 9:05pm Dec 4, 2013 9:01pm | Edited 9:05pm
Quoting waifong
{quote} we will see how later, my chart showing bull from now , and retracement back, haizzz, that's why i am worried.. last day i trade Steerling also same situation, Losing 260USD with 1lot, margin left 100usd, at the end gained back with profit 15USD thanks god ! ( That time was green data for GBP, but the GBP keep going south.....)
Forex != Casino

if you learn driving cars at 300km/h the only guarantee is you will die soon,
if you do the same in forex the only guarantee is you will get wiped out very soon.
  • #70,290
  • Dec 4, 2013 9:41pm Dec 4, 2013 9:41pm
Quoting waifong
i need help..... AUD/JPY.... will it go down again? i shorted at 92.30 1 lot...... now moving up.. margin is getting narrow.... should i cut or hold ? i need expert to advise the market for AUD/JPY today....
micro's or one mini is all you have money for......................
The More You Learn, The More You Earn.....
  • #70,291
  • Dec 4, 2013 9:44pm Dec 4, 2013 9:44pm
Quoting forexalien
{quote} micro's or one mini is all you have money for......................


ok, officially dying, 92.6 now !

i need reload account , otherwise my trade will burst !!


damm !! should i cut half or ? i need advise !
  • #70,292
  • Dec 4, 2013 9:45pm Dec 4, 2013 9:45pm
Quoting waifong
{quote} ok, officially dying, 92.6 now ! i need reload account , otherwise my trade will burst !! damm !! should i cut half or ? i need advise !
see if your platform will let you fade 1 micro at a time...........
The More You Learn, The More You Earn.....
  • #70,293
  • Dec 4, 2013 9:51pm Dec 4, 2013 9:51pm
Quoting waifong
{quote} ok, officially dying, 92.6 now ! i need reload account , otherwise my trade will burst !! damm !! should i cut half or ? i need advise !
How much you can afford? Normally you position is 10% of your account balance is consider very large already..
  • #70,294
  • Dec 4, 2013 10:02pm Dec 4, 2013 10:02pm
Quoting waifong
{quote} ok, officially dying, 92.6 now ! i need reload account , otherwise my trade will burst !! damm !! should i cut half or ? i need advise !
downtrend sell lower hi with stop loss. -> pull back near former support

uptrend buy higher lo with stop loss. -> pull back near former resistance.

range buy low sell high with stop loss outside range. draw horizontal lines and box it.

if u tank at this level with short and it retraced, u can bang wall, reload also no use.

cut loser short, re-look. ride winner longer.

winner - loser = real profit.
  • #70,295
  • Dec 4, 2013 10:04pm Dec 4, 2013 10:04pm
Quoting 5percent
{quote} downtrend sell lower hi with stop loss. -> pull back near former support uptrend buy higher lo with stop loss. -> pull back near former resistance. range buy low sell high with stop loss outside range. draw horizontal lines and box it. if u tank at this level with short and it retraced, u can bang wall, reload also no use. cut loser short, re-look. ride winner longer. winner - loser = real profit.


Do u see which point should i SL ?

it HIKE due to CHINA IRON BUY RAISED.
  • #70,296
  • Dec 4, 2013 10:05pm Dec 4, 2013 10:05pm
Quoting waifong
{quote} ok, officially dying, 92.6 now ! i need reload account , otherwise my trade will burst !! damm !! should i cut half or ? i need advise !
You need 25K to be trading one full standard lot safely.

Another thing, If you can't take $250 and a micro account and double it every month or 2 , then there is no reason to be trading larger money if you are just going to lose it into my account......................
Attached Image (click to enlarge)
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The More You Learn, The More You Earn.....
  • #70,297
  • Dec 4, 2013 10:07pm Dec 4, 2013 10:07pm
I can see that before 2 it will drop until 92.35 !

The retracement of this uptrend is limited.
  • #70,298
  • Dec 5, 2013 12:07am Dec 5, 2013 12:07am
fong, you are in profit now, bail out quick
  • #70,299
  • Dec 5, 2013 12:16am Dec 5, 2013 12:16am
Yea.. Nikkei Sink when closing...
  • #70,300
  • Dec 5, 2013 12:31am Dec 5, 2013 12:31am
Quoting Gwan
fong, you are in profit now, bail out quick

I set BE TP,

So no profit at all ~

but i saved me from 250USD !

Thanks god !
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