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- 5abi replied Aug 11, 2016
UCAD short looks good on higher time frames but it is sitting on H1 support. I wanna see that break down first.
Full Time FX Trading
- 5abi replied Aug 11, 2016
Call me paranoid but when they don't fill my order by 1-2 pips its a sign the trade will go in my direction. I did not get a fill and the pair is down 21 pips. Watch it if it starts carving a lower low and lower high under that 0.75 level. Will go ...
Full Time FX Trading
- 5abi replied Aug 11, 2016
May I ask you why you worry where it will be in one year? We will let the economists worry about that. You and i focus on where it is gonna be in next 4 hours and make some money
The Swamp
- 5abi replied Aug 11, 2016
In one year, Euro will go up and down. Then it will go sideways and then consolidate then break out to the upside and then come down. I hope that helps
The Swamp
- 5abi replied Aug 11, 2016
Would risk a 1% to make 2 %. Assuming my order fills. I hate to pay the spread.
Full Time FX Trading
- 5abi commented Aug 10, 2016
Hows the beliefs in conspiracy theories working out for you so far
Official Cash Rate reduced to 2.0 percent? quote=alexpi;9077473]Oh great, another guru on FF
Stop runs are not a conspiracy but rather a simple matter of order flow maximising profits, especially dangerous with big ...
- 5abi commented Aug 10, 2016
Brother, the rate cut was already priced in to the exchange rate. The market was looking for signs of more easing later this year and RBNZ did not mention any further easing dates. Thats why this news is NZD positive.
Official Cash Rate reduced to 2.0 percent
- 5abi replied Aug 10, 2016
This was a very hawkish releases. They did not mention any cuts in December. Buy NZD on dips. AUDNZD will go to 1 in coming months.
NZD/USD
- 5abi commented Aug 10, 2016
No,it is not a stop run. This was already predicted on my thread. Its the reality of markets, no conspiracy theory.
Official Cash Rate reduced to 2.0 percent
- 5abi replied Aug 10, 2016
Whopper moved down in GBP NZD. I did not trade it since i did not want to risk more than 2 % but hope some of you guys were able to ride it down
Full Time FX Trading! Good day and week!
- 5abi replied Aug 10, 2016
Hope everyone was able to get on this trade. Nice move in Kiwi after less than Dovish statement from RBNZ
Full Time FX Trading
- 5abi replied Aug 10, 2016
GBP NZD: I got no crystal ball. But I am good at putting 2 and 2 together. When RBA cuts its rate, AUD rallied. When BOE cut its rate, GBP crapped in its pants. Tonight, if RBNZ cuts its rate. What will happen? Well, I dont know. But NZD is still ...
Full Time FX Trading
- 5abi replied Aug 10, 2016
Thanks
Full Time FX Tradingthats one of the best books on trade risk management I read. I recommend everyone read it in addition to Reminiscences of a stock operator.
- 5abi replied Aug 10, 2016
On the flip side, ,may be time to buy some USDCAD here. Once losers throw in their towel, it is time to go long. Geppy just closed all his longs on USDCAD. Time to buy may be! I am waiting for the signs of Bull in USDCAD.
Full Time FX Trading
- 5abi replied Aug 10, 2016
I just saw what happened to Geppy's account. Traders, this is a cautionary tale of risk management. Market will ruin you if you do not manage risk. Geppy had 1:40 leverage on his 5000 dollar account this morning. That meant he was controlling a ...
Full Time FX Trading
- 5abi replied Aug 10, 2016
Guys, I did not take any trades much in last two days. The market was almost dead. Things appear to be changing today. I just end up buying some NZDJPY. I also got a pending order on NZDJPY, hoping it fills. Beware there is big news out of RBNZ at 4 ...
Full Time FX Trading