- Search Metals Mine
- jaws810 commented Mar 31, 2014
I believe they will be taxed unless it's an item or material used for creating a product or service. Farmers don't pay tax on tractors and seeds but they do pay tax on building a barn. In a factory, materials and machines are exempt, buildings and ...
In Less Than Two Days, Japan Will Walk Headfirst Into An Economic Buzzsaw
- jaws810 commented Mar 30, 2014
I'd like a consumption tax to REPLACE ALL taxes on income. One already exists in congress it's called the FairTax and if passed it would dismantle the IRS and scrap the 70K+ page income tax code including payroll, corporate and death taxes and ...
In Less Than Two Days, Japan Will Walk Headfirst Into An Economic Buzzsaw
- jaws810 replied Mar 29, 2014
I do realize that the risk reward ratio is uncomfortable and unworkable for most strategies but ATM it's working, so far with this strategy I have 12 wins and 0 losses since I started using it at the beginning of the month. Although I'm comfortable ...
NZD/USD
- jaws810 replied Mar 28, 2014
Nice call No, it looks like those bulls ran into a large BEARicade. I knew on Friday there could be a bigger drop at the NY open, that's why I said I was going to wait till after noon NY time, I just got in at 8658. It seems to be a pattern when the ...
NZD/USD
- jaws810 replied Mar 28, 2014
Looks like it's getting ready for another bull run to the top, but it's Friday so I'm going to wait till after noon NY time to make another trade, if the price is near the daily low I'll go long then.
NZD/USD
- jaws810 replied Mar 28, 2014
LOL, I'd be willing to bet many traders are/were gamblers of some kind.
NZD/USD
- jaws810 replied Mar 28, 2014
No ridicule I just stated what I'm doing and how I think. BTW, your probably right, my wife always tells me I didn't give up gambling, Forex is my new game.
NZD/USD
- jaws810 replied Mar 28, 2014
Bam, another 10%, I saw that drop around midnight and I had to jump in for another 20 pips. That put me over 400% for March. Now if I can only figure out how to do this every month. url
NZD/USD
- jaws810 replied Mar 27, 2014
I have a fairly small account atm and my account is leveraged at 50:1 and I am currently using 90% of my available margin and risking about 1/3 of my account to get those 20 pips, as my account grows I plan to gradually decrease my margin use down ...
NZD/USD
- jaws810 replied Mar 27, 2014
How's everybody doing, I just racked up another 10%+ for a total of 82.3% this week.
I think I'm done for the week, unless there is a big dip tomorrow afternoon, which I will buy and hold until next week. url NZD/USD
- jaws810 replied Mar 27, 2014
No the losses weren't really that big I was playing with the USD/MXN which has a 900+ pip daily range and I didn't do good with it but the actual % losses were small my biggest loss was under 5%. It's my only account no hedges, I tried that in the ...
NZD/USD
- jaws810 replied Mar 27, 2014
It doesn't match my calculations, but it's close, here are my trades from the beginning of Feb till now. url My current account balance is 4.46 times my balance on 2-22, not sure why the trade explorer doesn't match.
NZD/USD
- jaws810 replied Mar 27, 2014
ATM, I'm using about 90% of my available margin on a 50:1 leveraged account with a 20 pip TP and a 60pip Sl and I haven't had any problems yet, I make a bit more than 10% a trade and if I lose a trade I'd lose about 1/3 of my account which I could ...
NZD/USD
- jaws810 replied Mar 27, 2014
I know it's high risk but I'm only going for 20 pips a trade and I like the big payoff. I trade off the 15min 60sma, I go long between 12:00pm and 6:00pm NY time when the price goes below the 60 sma and get my pips while I sleep during the Asian ...
NZD/USD
- jaws810 replied Mar 27, 2014
I'm new to this currency and I'm totally bullish but I wouldn't be surprised by a 200- 300 pip correction or two before it continues to exceed its 2011 high. As for all is good in the world, I wouldn't say that Europe is about to be destabilized if ...
NZD/USD
- jaws810 replied Mar 27, 2014
I checked all the way back to 1994. It's only been near or above this level twice before it's about 10 pips off of its April 2013 high and before that it went up to .8841 in July 2011. Both times it was followed by 1000+ pip downtrends. So I don't ...
NZD/USD
- jaws810 replied Feb 12, 2014
ATM my spread is between 50& 60 but the daily range is around 9000, not really sure about the ratio. Huh, I can't believe I missed that, I guess this has been working so well because the USD has been weakening or it could be that the MXN & NZD react ...
Carry/Basket Trade Idea
- jaws810 replied Feb 12, 2014
I use my margin to determine how much of each pair to buy and sell, I use OandA and their platform lets me automatically set trade size to a % of Net Asset Value so I set it to 25% NAV and the trade size is set for me. I use the same amount of ...
Carry/Basket Trade Idea
-
Carry/Basket Trade Idea
Started Feb 11, 2014|Trading Discussion|17 repliesI recently became interested in the carry trade and realized that it involved a high level of ...
- jaws810 replied Jan 3, 2014
I was watching it in a visual backtest and it was going too fast to see the repaint because it occurs only when the price crosses over the old dot. I see it now, makes things a bit more difficult. It might still work.
PSAR/BB System for Binary Trading Needs EA