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Rag2RichesFX replied Dec 29, 2015went long @ 0907 ... 4 lots for a scalp, short TP was hit while ago at 0945 risking 10 pip.. going for 20 set and forget, i'm going to bed. GL
EURUSD
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Rag2RichesFX replied Dec 29, 2015Half a million at most for me Majority trade less than 100k Some here 2-3 million and others might be more but they don't want to share.
EURUSD
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Rag2RichesFX replied Dec 29, 2015I don't know if ANYONE has the total net long/short positioning... I believe that chart Dimi.A posted is the volume for the last 24 hours of trading. I don't have this data... maybe it is being given out these days for a relatively small monthly ...
EURUSD
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Rag2RichesFX replied Dec 29, 201531 million lots a day was average in 2013 for the EURUSD pair. Every 3 years we get the new data for average daily FX turnover in April 2016 the new numbers are released (i think it's April). guessing 40 million lots will be the average now double ...
EURUSD
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Rag2RichesFX replied Dec 29, 2015Could be a demo account. They are fair lot sizes sure. But big time professional traders trading their own accounts (not even talking about accumulated client funds) are known to carry 1000s of lots at once (100 pips = 1 million dollars, in a USD ...
EURUSD
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Rag2RichesFX replied Dec 29, 2015ouch... my eyes. is that the amount of lots traded within the last 24 hours? seems accurate to me.
EURUSD
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Rag2RichesFX replied Dec 29, 2015waiting to buy lower too. 90% confident this will go at least 1300 area before any substantial sellers emerge. well 1086 could be a problem momentarily, but i still see higher than that and that's just conservative, like Gator said the path to ...
EURUSD
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Rag2RichesFX replied Dec 28, 2015also less liquid and worth less $ per pip, so big moves aren't as big as they seem to get the same $$ effect of a XXXUSD currency pair, USDTRY has to move 30 pips for every 10 pips a currency denominated in USD has to move
EURUSD
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Rag2RichesFX replied Dec 28, 2015mini contracts SP500 futures having oil, gold and stock index futures (23 hours a day trading) in the arsenal gives a lot more opportunities for profit than only sticking to currencies even markets like sugar, made a few grand profit long sugar last ...
EURUSD
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Rag2RichesFX replied Dec 28, 2015and ES short. new years resolution is to only trade daily chart and above. i'm even cutting out the 4hour might miss better entry/exits, but less false signals reason for doing so is the vast majority of my profits in 2015 were made on trades i held ...
EURUSD
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Rag2RichesFX replied Dec 28, 2015yup, its a pretty common consensus now that 1.20 is a very doable target in the medium/long term. re-testing near the 2015 opening price. but even 1.17 I would be happy with. the problem as always, is patience. but as i grow older, i grow more ...
EURUSD
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Rag2RichesFX replied Dec 28, 2015exited crude long $37.30 on the break of daily low, +$2.45 (x1 contract) probably another buy opportunity during the first few trading days of the new year.
EURUSD
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Rag2RichesFX replied Dec 26, 2015also waiting for this one... hope to get near 65 cents as the major bottom. 6month stochastic hasn't been oversold in 15 years. might be an opportunity to AUDJPY carry trade if the UJ long syncs up with AU bottom AUDUSD 6month okay enjoy the rest of ...
EURUSD
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Rag2RichesFX replied Dec 26, 2015a little dip then off to 135/140 seems likely to me 6 month TF a lot of long term players think it could go to JPY200
EURUSD
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Rag2RichesFX replied Dec 26, 2015speaking of Yen strength... now that we have broken Novembers low, this could get nasty quickly 116xx is easy and 112 isn't that ridiculous either that divergence is ugly as F
EURUSD
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Rag2RichesFX replied Dec 26, 2015That's a sad story, at least you survived. I made a little over $15k this month. MaxDoom makes that in one day, sometimes.
It was the biggest month I've ever had. Thanks Draghi. Next year the goal is $200k, so if I fall short it should still be ...EURUSD
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Rag2RichesFX replied Dec 26, 2015Well yes to invest you have to make a trade But the term invest is more recognized in the community as trades that take years (which might be why Buffet says trading is boring) Trading NFP or FOMC is not boring

EURUSD
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Rag2RichesFX replied Dec 26, 2015That's because Warren Buffet doesn't trade, he invests.. but I know what you're saying. Day trading is stimulating to me, although as with everything in life that you do 60 hours a week for 5 years... it loses its "everyday" thrill. Still, I get a ...
EURUSD