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Learning how to trade.
Apr 11, 2014 at 08:49
Member Since Apr 11, 2014
9 posts
fxsolderer posted:
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.
Have you ever used remote trading service? I mean you can call to dealers and ask them to open preffered order any time.
Member Since Jan 21, 2014
22 posts
Member Since Jan 21, 2014
22 posts

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Member Since Jan 21, 2014
22 posts
Member Since Apr 07, 2014
11 posts

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Member Since Apr 07, 2014
11 posts

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Member Since Apr 22, 2014
43 posts

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 23, 2014 at 15:48
Member Since Jun 28, 2013
842 posts
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
842 posts
Apr 23, 2014 at 19:14
Member Since Jun 28, 2013
842 posts
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
890 posts

forex_trader_136673
Member Since Jun 28, 2013
842 posts
Apr 23, 2014 at 21:51
Member Since Jun 28, 2013
842 posts
@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
Member Since Apr 14, 2014
230 posts
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
842 posts
Apr 24, 2014 at 08:12
Member Since Jun 28, 2013
842 posts
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
842 posts
Apr 24, 2014 at 11:24
Member Since Jun 28, 2013
842 posts
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.

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