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AUD/USD

  • #73,021
  • Feb 20, 2014 11:48pm Feb 20, 2014 11:48pm
Quoting tedsung
AUD/USD strong sell TP1:0.8950 ( 100% profit )
  • #73,022
  • Feb 20, 2014 11:49pm Feb 20, 2014 11:49pm
Quoting 50pipsperday
{quote} Thanks. I added another 2 @0.90091. Come at me bro.
Yeah i added also @ 0.9004
  • #73,023
  • Feb 20, 2014 11:51pm Feb 20, 2014 11:51pm
Quoting 50pipsperday
{quote} 3 short @0.89935, come at me bro.
Ouch... okay here is the way I look at Friday afternoons...
------------------------------------------------------------------------------
I have played the forex game all week and find I have 1 billion dollars just hanging around, what should I do with it.....
Billy comes up and says, hey we are heading down the pub for a beer...

So I smash the 1 billion dollars into a long on the aussie (see link for swap rates) giving me swap over the weekend, and catch up with Billy knowing I have done the best I could do before the market closes.
------------------------------------------------------------------------------

Watch Fridays (AUD time), occasionally in the afternoon the price goes up.

Call me crazy but hey it works for me.
http://www.vantagefx.com/products/swap-rollover-rates ... hmmm best I check this more often - better swap rates now... USD/NOK
A genius is born every minute, me I am lucky if my socks match.
  • #73,024
  • Feb 21, 2014 12:03am Feb 21, 2014 12:03am
Quoting whackdiddy
{quote} Ouch... okay here is the way I look at Friday afternoons... ------------------------------------------------------------------------------ I have played the forex game all week and find I have 1 billion dollars just hanging around, what should I do with it..... Billy comes up and says, hey we are heading down the pub for a beer... So I smash the 1 billion dollars into a long on the aussie (see link for swap rates) giving me swap over the weekend, and catch up with Billy knowing I have done the best I could do before the market closes. ------------------------------------------------------------------------------...
Short and loving it. Come at me bro
  • #73,025
  • Feb 21, 2014 12:04am Feb 21, 2014 12:04am
add shorts at 0.909
  • #73,026
  • Feb 21, 2014 12:06am Feb 21, 2014 12:06am
Quoting 50pipsperday
{quote} Short and loving it. Come at me bro
Nice move.

I have a long position in from this morning and seeing lots of red.. But waiting..holding for London and NY.
A genius is born every minute, me I am lucky if my socks match.
  • #73,027
  • Feb 21, 2014 12:11am Feb 21, 2014 12:11am
1.0 Long @ .89922

hitting a bit of resistance..
A genius is born every minute, me I am lucky if my socks match.
  • #73,028
  • Feb 21, 2014 12:13am Feb 21, 2014 12:13am
Quoting whackdiddy
{quote} Nice move. I have a long position in from this morning and seeing lots of red.. But waiting..holding for London and NY.
London and NY will trash it. Come at me bro.
  • #73,029
  • Feb 21, 2014 12:16am Feb 21, 2014 12:16am
Quoting whackdiddy
{quote} Ouch... okay here is the way I look at Friday afternoons... ------------------------------------------------------------------------------ I have played the forex game all week and find I have 1 billion dollars just hanging around, what should I do with it..... Billy comes up and says, hey we are heading down the pub for a beer... So I smash the 1 billion dollars into a long on the aussie (see link for swap rates) giving me swap over the weekend, and catch up with Billy knowing I have done the best I could do before the market closes. ------------------------------------------------------------------------------...
Ok... but the swap isn't enough to cover the damage the market movement will do to your 1 billion...??? i don't get it...
  • #73,030
  • Feb 21, 2014 12:19am Feb 21, 2014 12:19am
Quoting whackdiddy
1.0 long @ .89937 TP @ .90107 SL @ .89750 (SL fat, very fat)
You missed your take profit by like what 1pip?? Are you going to let the market take out your stop now?
  • #73,031
  • Feb 21, 2014 12:21am Feb 21, 2014 12:21am
Quoting RBlackburn
{quote} Ok... but the swap isn't enough to cover the damage the market movement will do to your 1 billion...??? i don't get it...
The trade still has to be viable, example.
I know the the aussie will bounce back, if not this year then maybe next. So I can put in a position thinking long term and take swap for that long term even if the trade sees red for 80% of the time. When the market does turn to my favour I have taken the pips and swap.
A genius is born every minute, me I am lucky if my socks match.
  • #73,032
  • Feb 21, 2014 12:22am Feb 21, 2014 12:22am
Quoting RBlackburn
{quote} You missed your take profit by like what 1pip?? Are you going to let the market take out your stop now?
Closed it manual when did not reach TP.. still saw green pips..
A genius is born every minute, me I am lucky if my socks match.
  • #73,033
  • Feb 21, 2014 12:24am Feb 21, 2014 12:24am
Quoting whackdiddy
{quote} The trade still has to be viable, example. I know the the aussie will bounce back, if not this year then maybe next. So I can put in a position thinking long term and take swap for that long term even if the trade sees red for 80% of the time. When the market does turn to my favour I have taken the pips and swap.
Okay gotcha Sounds like investing...
  • #73,034
  • Feb 21, 2014 12:24am Feb 21, 2014 12:24am
Quoting whackdiddy
{quote} Closed it manual when did not reach TP.. still saw green pips..
Good job
  • #73,035
  • Feb 21, 2014 12:25am Feb 21, 2014 12:25am
Quoting RBlackburn
{quote} Okay gotcha Sounds like investing...
It is my excuse when I get it wrong...
A genius is born every minute, me I am lucky if my socks match.
  • #73,036
  • Feb 21, 2014 12:32am Feb 21, 2014 12:32am
Quoting whackdiddy
{quote} It is my excuse when I get it wrong...
Lol if i had a billion $ i would short the aussie then go to the pub & not care about the negative swap... hahaha
  • #73,037
  • Feb 21, 2014 12:38am Feb 21, 2014 12:38am
Quoting RBlackburn
{quote} Lol if i had a billion $ i would short the aussie then go to the pub & not care about the negative swap... hahaha
Yeah. Come at me bro.
  • #73,038
  • Feb 21, 2014 12:46am Feb 21, 2014 12:46am
Quoting BlkR
{quote} i was gonna say, couldnt you waited for the break and hold below before entering ?
Here it is///
Attached Image (click to enlarge)
Click to Enlarge Name: Andysnap_081.png Size: 72 KB
  • #73,039
  • Feb 21, 2014 12:53am Feb 21, 2014 12:53am
big dogs knows all tricks to screw retail traders, up and down PA dance is fun to watch....
I am smart than average trader, I simply copy the best.
  • #73,040
  • Feb 21, 2014 1:04am Feb 21, 2014 1:04am
be honest, how many took lots of beating and losses on your account today?

specially those who claim to be scalper or short term/day traders.
I am smart than average trader, I simply copy the best.
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