not at all, what makes u think that tho
anybody in here do currency trading (forex)? i heard u can make $$$$
- Thread starter Xtraz2
- Start date
If someone has been incarcerated for the purpose of money, dope and fraud are the only ones I can see people continuing even when released. Especially if they were good at it beforehand,
I don't see someone who robbed pizza deliver boys, corner stores, banks, etc doing the same thing
Domingo Halliburton
Handmade in USA
Wrong about the euro, right about yen. Market seems to think there will not be a US interest rate hike soon.
I still think euro zone wants to do more QE. China is the wild card.
Eur/usd will continue to be volatile. There are too many issues with the euro but they cannot afford to let it slide all the way. Forex markets have heavy intervention. Lately ive been messing around with scalping. It's all about entry imo.
Domingo Halliburton
Handmade in USA
The way equity markets have been acting the last few days there will no interest rate hike by the US.
March Madness
All Star
I honestly can't say until this week closes. When you originally wrote this I was for sure the downtrends of last year were coming back on xxx/USD pairs until I saw EUR/USD close at 1.13 the following week. China seemed to be the only thing driving the markets last week. EUR/USD's been sideways for awhile now though, it's evident on the monthly chart how the candles are stuck in a range:
Few weeks ago GBP/USD stopped consolidating between 1.54 and 1.56 and I've been trading that. But I decided to stay out the markets this week. I'll get back to day-trading this Tuesday. Been dealing with the possibility of a Fed Rate Hike all year and even if there isn't one (doesn't look like there will be) I still want THAT to be priced-in before I go back in with my live account(s).
March Madness
All Star
December's usually a slow month for me, but I saw a couple setups and traded anyway. Net profit: $3,988.90.
Won my first trade today in 25-30min ($695.50) and re-entered at 10:00am thinking by noon or so I'd come out with $1200 for the day. But I didn't know the markets closed after London on NYE. I thought they'd at least go until 4pm. So I have a open trade on G/U that I can't really do shyt about until Sunday. Swaps are $42.50 a night :\
Won my first trade today in 25-30min ($695.50) and re-entered at 10:00am thinking by noon or so I'd come out with $1200 for the day. But I didn't know the markets closed after London on NYE. I thought they'd at least go until 4pm. So I have a open trade on G/U that I can't really do shyt about until Sunday. Swaps are $42.50 a night :\
Domingo Halliburton
Handmade in USA
December's usually a slow month for me, but I saw a couple setups and traded anyway. Net profit: $3,988.90.
Won my first trade today in 25-30min ($695.50) and re-entered at 10:00am thinking by noon or so I'd come out with $1200 for the day. But I didn't know the markets closed after London on NYE. I thought they'd at least go until 4pm. So I have a open trade on G/U that I can't really do shyt about until Sunday. Swaps are $42.50 a night :\
Eur/usd a short here?
You should stop in the stock market thread and talk currencies.
March Madness
All Star
Haven't traded EUR/USD since Feb of this year man. It's a really overrated/manipulated pair to me.
But I've been shorting GBP/USD since the Rate Hike. It's honestly the only pair I trade next to NZD/USD.
But I've been shorting GBP/USD since the Rate Hike. It's honestly the only pair I trade next to NZD/USD.
Domingo Halliburton
Handmade in USA
sorry I missed this
He's in the trades that's how I know him. Simple traffic offender
March Madness
All Star
i dont think the Pound's going anywhere just yet tbh.
i was hoping G/U would reach it's april lows of $1.46 before the end of the year but whatever.
im expecting a retractment back up to $1.50 sometime in January but don't quote me on that.
GBP/USD's sentiment is obviously still bearish on the daily/weekly/monthly charts + fundies
u think Parity's still in play for E/U?
Draghi said something about people shorting Eur/USD in 2016 would be in for a surprise.
Domingo Halliburton
Handmade in USA
Couple months ago when Eur/usd was hitting 1.05 I thought parity was in play. After Draghi disappointed with his last QE announcement I don't know what to think anymore. My bias is still probably short euro though.
March Madness
All Star
lol my bias is short on everything xxx/USD,
waiting on FOMC/NFP to show signs of reversals or trend continuations
December's usually a slow month for me, but I saw a couple setups and traded anyway. Net profit: $3,988.90.
Won my first trade today in 25-30min ($695.50) and re-entered at 10:00am thinking by noon or so I'd come out with $1200 for the day. But I didn't know the markets closed after London on NYE. I thought they'd at least go until 4pm. So I have a open trade on G/U that I can't really do shyt about until Sunday. Swaps are $42.50 a night :\
UPDATE: Market opened 3-5 minutes ago 4PM Central and meh, I just closed the trade. Was 90% sure I'd win it but I don't like scalping on Sunday/Monday so fukk it. Of that $695.00 I won earlier I loss $195.00 to swaps and having a -2pip drawdown. Still get to take home $416.00 though.