- Search Metals Mine
- megamo replied Oct 23, 2009
I trade this pair very often as well.. Yes weird things have been happening, as dollar posting all time lows, cad was posting higher lows and now at a crucial price level. From the looks of it, I too thought that theres gotta be some intervention ...
USD/CAD Trading Room
- megamo replied Oct 23, 2009
Islander I know you're enjoying the party
Took a play from your book, shorted off of the 6520 rejection.. Good weekend to you all.. RonPsych Levels, Pivots, and Trendlines - Resurrected
- megamo replied Oct 22, 2009
Hello Jiva, something I noticed, I may be wrong, but when you open the 4 lot trades, and you count your pips, say 11 pips or what have you, on 4 lots, that would give you 440 dollars, but in actuality since you closed partial lots some at 2 pips ...
High Probability
- megamo replied Oct 21, 2009
Hello Belekas, sorry for the late reply, I calculated my preliminary TP levels by a mix of fundamental and TA analysis. Fundamentally, which was very important for me was knowing Oil hit a bottom. I had people in Dubai telling me that it costs the ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- megamo replied Oct 21, 2009
This whole 95% that lose money , well I have never seen any credible evidence of that statistic.. Its one of those sayings thats been around and has been perpetuated because its easy to believe.. Do majority lose money in FX, yea sure, because look ...
Is trading FX for living a myth?
- megamo replied Oct 20, 2009
plus the gbp/usd hit the daily down trendline exactly to the pip before makin its way south, 3rd test of the TL
Trade Using VSA (Volume Spread Analysis)
- megamo replied Oct 14, 2009
Well if you draw the channel from the peak before from March, then the upper trendline channel shows at 1.55, the next logical place to short beyond 1.50 and from that range an 800-1000 pip drop can be expected
EURUSD
- megamo replied Oct 14, 2009
it was the break of the daily trendline after the 3rd touch of the 1.30 line, oil was heading up as well and I figured Oil had to at the 20 dollar mark for it to to target 1.35 which alot of the wealth management funds at the time were saying to ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- megamo replied Oct 14, 2009
hey FXsurfer, you might want to look at lubo's thread as well as he is using marketprofile and high volume pp, maybe its something that can be incorporated into this. Also are you the same fxsurfer from linuxtrolls site?
Using RealTime Level II/Tick Vol 1.5 for Ninja Trader
- megamo replied Oct 14, 2009
Hello Belekas.. been riding it since 1.26 : ) one of those rare golden opportunities in FX.. My best trade ever..
Igrok Method. Q's & A's. Comments, thoughts and ideas
- megamo replied Oct 13, 2009
US IB buying truckload of usd/jpy at 2 pm running stops - Thomson Reuters
EURUSD
- megamo replied Oct 13, 2009
well the 4 hr trendline on the price looked steep so had a short position at the 4830 and 60 level but expected a more orderly way down. Some big order came through..
EURUSD
- megamo replied Oct 9, 2009
I have IBFX as well and monitor pricing and execution through Oanda. The thing with IBFX is that during news times their spreads go very wide and creates longer spikes in candles and this seem to be causing that few pips discrepancy on tdls and ...
Trade Using VSA (Volume Spread Analysis)
- megamo replied Oct 8, 2009
usd/jpy 88.0 level option barrier held up so far giving some strength to the usd temporarily
EURUSD
- megamo replied Oct 8, 2009
crucial price points — There are option barriers on the Eur/Usd on the 1.48 level and strong option barriers on the USD/JPY guarding the 88 level so we are pretty close to some strong resistance. For a dollar long trade, maybe the JPY trade ...
EURUSD
- megamo replied Oct 7, 2009
Thanks vantage, I had similar thoughts as well with the low range pivots. I like to trade hammers and doji setups myself. I trade the Euro but am finding myself enjoying the cable increasingly so.
Psych Levels, Pivots, and Trendlines - Resurrected
- megamo replied Oct 6, 2009
close pivots — Just curious what do you guys do when the pivots are so close to each other like on a day like today? Would you sit on the sidelines? Today was the first day I had trouble with pivots, which I kinda expected given the low range ...
Psych Levels, Pivots, and Trendlines - Resurrected
- megamo replied Oct 1, 2009
hey larseg, just came across your thread, interesting, please do keep up the logs, explain what you are doing a little bit and the thought process. Sometimes it takes time for people to get in, but its good to know what a trader is thinking and his ...
Larseg - Set & Forget - 07:00 & 19:00
- megamo replied Oct 1, 2009
I know plenty of good traders that scalp amongst their longer term positions. There is nothing wrong with scalping or long term trades, a good scalper with higher leverage can make just as much as a good position trader with lower leverage. The key ...
EURUSD