Learning how to trade.
Apr 11, 2014 at 08:49
fxsolderer posted:Have you ever used remote trading service? I mean you can call to dealers and ask them to open preffered order any time.
would have been a nice trade. it´s a pitty. when I´m with customers or on the road I don´t have continous access to web. but as you say, there will be opportunities another time.
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 11, 2014 at 13:35
I use smart phone application to manage entry orders and open positions. That's great.
Unfortunately smart phone applications are not fit for technical analysis.
Unfortunately smart phone applications are not fit for technical analysis.
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 12, 2014 at 07:29
S&P500 sell off is only due'tax day' seasonal effect.
I strongly believe that after Tuesday bears are going to have a surprise ;)
I strongly believe that after Tuesday bears are going to have a surprise ;)
Member Since Jan 21, 2014
22 posts
Apr 13, 2014 at 19:16
hi Ardit!
ctrader finally brought on market its android app, so I can trade even travelling. better feeling now to can interact immediately if necessary.
ctrader finally brought on market its android app, so I can trade even travelling. better feeling now to can interact immediately if necessary.
Member Since Jan 21, 2014
22 posts
Apr 13, 2014 at 19:16
Any update to the eurusd trade? do you still expect a plunge in eurusd or did you cancel the trade already?
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 14, 2014 at 06:26
Greetings Chris.
I was a bit busy last week and couldn't post. I was right about trend direction on eurchf but unfortunatetly there was no fill. I canceled entries abd looking for better opportunities.
Keep in touch :)
I was a bit busy last week and couldn't post. I was right about trend direction on eurchf but unfortunatetly there was no fill. I canceled entries abd looking for better opportunities.
Keep in touch :)
Member Since Jan 21, 2014
22 posts
Apr 14, 2014 at 14:33
Hi Ardit!
No problem, I´m always happy to read your posts.
No problem, I´m always happy to read your posts.
Member Since Apr 07, 2014
11 posts
Apr 15, 2014 at 08:43
Hello Ardit and everybody:) I'll be in touch with your theme, it's very helpful for beginners, thx twice)
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 15, 2014 at 13:06
You are welcome my friend. Unfortunately my tight schedule is not allowing me to post more often. My aim is not to publish trade ideas but only market studies and how to trade on different market environments.
Member Since Apr 07, 2014
11 posts
Apr 18, 2014 at 12:47
Sure Mr. Ardit, any way awaiting for your updates!
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 22, 2014 at 18:28
ahuruglica posted:
S&P500 sell off is only due'tax day' seasonal effect.
I strongly believe that after Tuesday bears are going to have a surprise ;)
And the bears had the expected surprise party. S&P up 740 points in one week.
Member Since Apr 22, 2014
45 posts
Apr 23, 2014 at 06:16
Hi Ardit nice to meet you.
you are very kind, thanks for your share.
i like this!
you are very kind, thanks for your share.
i like this!
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 23, 2014 at 15:48
Greetings Bung
Unfortunatetly I dont have much time to update some new strategies more frequently.
But, everyone can use it as a benchmark and learn how to study the market and make trading decisios. I believe that if traders leant to wait for the market to meet certain criterias before entering the market, have a good money management and don't overtrade will help them detach emotionally from trading amd make more rational trading decision.
There are thousands paid services to choose, signals, copy trades, EAs, pamm etc. Bot more importantly is to become an independant trader.
Unfortunatetly I dont have much time to update some new strategies more frequently.
But, everyone can use it as a benchmark and learn how to study the market and make trading decisios. I believe that if traders leant to wait for the market to meet certain criterias before entering the market, have a good money management and don't overtrade will help them detach emotionally from trading amd make more rational trading decision.
There are thousands paid services to choose, signals, copy trades, EAs, pamm etc. Bot more importantly is to become an independant trader.
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 23, 2014 at 19:14
Looking for long NZDUSD with 0.8550 stop and 0.8640 target. Trade idea is only short term. I still expect that the pair will continue to drop.
Today on the calendar is widely expected that RBNZ to hike interest rate for 25 bp. If so, rate hike was already priced in and the pair will continue to drop. If not, the market will get disappointed and the price will also drop.
Anyway, I'm expecting 1-2 days rally. Then again down.
Today on the calendar is widely expected that RBNZ to hike interest rate for 25 bp. If so, rate hike was already priced in and the pair will continue to drop. If not, the market will get disappointed and the price will also drop.
Anyway, I'm expecting 1-2 days rally. Then again down.
Member Since Apr 09, 2014
891 posts
Apr 23, 2014 at 21:06
USD/CNH still moving up!
How far can it go?
Regards
psa
How far can it go?
Regards
psa
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 23, 2014 at 21:51
@csc2009
I'm expect a correction 140.80-141.00 then up. 1H time frame. Trade valid as long as 140.05 is intact.
@psaTrading
I guess you mean CNY. If so, china yuan is heavy manipulated by PBOC and China Government. Also it is not fully convertible. There are plenty of instruments to trade, CNY is the last on my list. I don't trade it. Sorry.
I'm expect a correction 140.80-141.00 then up. 1H time frame. Trade valid as long as 140.05 is intact.
@psaTrading
I guess you mean CNY. If so, china yuan is heavy manipulated by PBOC and China Government. Also it is not fully convertible. There are plenty of instruments to trade, CNY is the last on my list. I don't trade it. Sorry.
Member Since Apr 14, 2014
230 posts
Apr 24, 2014 at 07:12
ahuruglica posted:
@csc2009
I'm expect a correction 140.80-141.00 then up. 1H time frame. Trade valid as long as 140.05 is intact.
@psaTrading
I guess you mean CNY. If so, china yuan is heavy manipulated by PBOC and China Government. Also it is not fully convertible. There are plenty of instruments to trade, CNY is the last on my list. I don't trade it. Sorry.
CNH is the currency code for offshore traded Renminbi. The main feature of CNY is that its exchange rate with the dollar is fixed by the Chinese central bank. The CNH exchange rate is driven by private demand and supply for CNH.
I don't trade CNY either, but USD/CNH the chart is interesting.
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 24, 2014 at 08:12
Thanks for heads up. I did not know that. There always something new to learn.
I'm not afraid of trying new things, but I stay away trading instruments that I dont understand. If CNH is offshore Renmbini that will mean that it has low liquidity and also is more subject to manipulation than CNY itself. Not by government but from brokers. CNY is manipulated from government for economic purpose not profit. That is nothing wrong with that. Every other currency is, only PBOC and China are more powerfull in currency market.
Anyway. I would not like to discourage you from trading CNH, it's just my humble opinion.
You can pm me 4h and 1h chart. I'll look if I notice any pattern.
Regards
I'm not afraid of trying new things, but I stay away trading instruments that I dont understand. If CNH is offshore Renmbini that will mean that it has low liquidity and also is more subject to manipulation than CNY itself. Not by government but from brokers. CNY is manipulated from government for economic purpose not profit. That is nothing wrong with that. Every other currency is, only PBOC and China are more powerfull in currency market.
Anyway. I would not like to discourage you from trading CNH, it's just my humble opinion.
You can pm me 4h and 1h chart. I'll look if I notice any pattern.
Regards
forex_trader_136673
Member Since Jun 28, 2013
852 posts
Apr 24, 2014 at 11:24
ahuruglica posted:
Looking for long NZDUSD with 0.8550 stop and 0.8640 target. Trade idea is only short term. I still expect that the pair will continue to drop.
Today on the calendar is widely expected that RBNZ to hike interest rate for 25 bp. If so, rate hike was already priced in and the pair will continue to drop. If not, the market will get disappointed and the price will also drop.
Anyway, I'm expecting 1-2 days rally. Then again down.
This was the spike on NZDUSD I was talking about, then down. It doesn't matter what fundamental news really means. It matters how the markets react.
