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Anyone here into FOREX?

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nhallmark said:
Hell yeah :D I got 23 pips on NZD retail sales and I was trading 1 mil so Im really happy :D

The movement seemed really slow for some reason. Did you guys trade?

Edit: Good job, OceanView!
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Nice job folks! Nathan, i beat you this time.. 30 pips :p Yeah, it did move slow.. I think everyone was asleep since it's a sunday hehe. I had to wait quite a bit, I was going to close the trade almost a few seconds after I jumped in.. but I realized it was a huge deviation.. and the move didn't justify it. Luckily, it did move up eventually.

My carry trade is also looking up.. I bought a dip on aud/jpy when it hit 98.80.. right now it's at 100.10. Hey nathan, now you can buy the new led macbook pro that's coming this tuesday :D
 
I've had a re-quote on every trade since monday.. on the other hand, I think I'm going to stay up for a couple of more hours to see if the new macbook pros come out.. hell anything, just come out already!! :D
 
I haven't traded since sunday either. UK PPI was the only good trade, I think, but I slept in on that one :p

Is NZD PPI worth trading today? I've never traded that one before.

Like OceanView said, what happened with currenex? I haven't traded with ADM yet because last week on the UK interest rate announcement the spread was crazy. It was at 56/93 at one point.

I've watched it a few times since and the spread rarely exceeds 7 pips but still...

Im still deciding what to do, I guess. Im thinking it might just be an on and off thing with CMC and I just need to accept that I cant get every trade.

Looks like, as Im typing, Apple just updated the macbooks but thats it.
 
Got a re-quote on nzd report.. as far as currenex is concerned, I am still on the lookout for a professional, reliable broker. ODL is obviously out, Aaron FX looks a bit amateurish.. or outdated.. I'm looking at other brokers (Man Financial, etc) After all, if I have to deposit $50 k with a broker.. I might as well do my homework first.

Yeah natha, with cmc.. i think if you make a nice profit.. they start blocking your trades for some time. You could make a decent profit by just trading aussie reports every month.. with a huge lot obviously. I figure if you make just 3-4 trades a month.. they would let you do that (and in turn you should be able to make good profits) Aussie reports move the most.. the US reports really don't move around that much.. if they do.. there are always whipsaws, etc.
 
Hi guys - I've been away from trading for the past couple of weeks, just wanted to "pip" in and say hi. ;) :D Hoping to get back into trading starting tomorrow AM - hope everything is going well for everyone... :cool:
 
~Shard~ said:
Just traded the Japanese data and made 10 pips on EURJPY. Not too shabby...
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Welcome back Shard! :) I myself just gathered about 8 pips on the jap gdp report. Canadian reports coming up tomorrow and friday should yield some good trades.
 
Music_Producer said:
Welcome back Shard! :) I myself just gathered about 8 pips on the jap gdp report. Canadian reports coming up tomorrow and friday should yield some good trades.
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Thanks! Had a chance to check out that PM I sent yet? If not, no worries... ;) :)

Yeah, should be some good trading opportunities tomorrow for USD and CAD. Good luck to all!
 
I only got 4 pips on USD/JPY. It went up 10-12 but I held too long. Im hoping CAD CPI will give us a good trade tomorrow. It doesn't take much deviation to get a good move on that report.
 
Was a little slow this morning and only made 7 pips on the CAD data. Tried to trade the data here a few minutes ago and got a damn requote from CMC. :mad: I guess I was too fast for their system to handle... :rolleyes: Ah well, there's always another trade to be made...
 
38 pips on UK Retail Sales report :D I tried this out on MB trading since CMC was giving me the unlimited re-quote package.. executed great.. and noticed 1 pip spread - sometimes 2 and even zero. Next up, Canadian CPI
 
damn it, man. I slept in for UK retail sales. Ive really got to stop doing this. I sleep in every friday :p

good job, though ;)
 
Music_Producer said:
38 pips on UK Retail Sales report :D I tried this out on MB trading since CMC was giving me the unlimited re-quote package.. executed great.. and noticed 1 pip spread - sometimes 2 and even zero. Next up, Canadian CPI
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Wow, that's excellent Music_Producer! Wish I would have gotten up for that one! ;) I guess I'm out of the loop, being away for a while - who is MB? Perhaps I'll look into them too as recently I have been receiving a free trial of CMC's re-quote package as well it seems... ;)

Up next, Canadian data. Hmm, if it's really positive can the Loonie keep hitting new highs? How low can the USDCAD pair go??? Not that I care, being Canadian and all... ;) :D That being said, a strong currency isn't always a good thing, especially when you have an export-centric economy like ours... :eek:
 
Woo hoo, just made 12 pips on the Canadian report! :D If I would have held on I obviously could have made even more, but since I was news trading I had to stick to my strategy and get in, get out and leave it at that. The trend continued a bit but it could have just as easily reversed. So, I grabbed the short on the USDCAD from 1.0939 to 1.0927.

How did everyone else do?
 
I was paying attention to the core # so I "filtered" out the headline # in my head...but then realized after seeing it, that I should have payed attention to it. So, no trade for me.
 
Shard, MB trading is at www.mbtrading.com. They're an ECN, but I've seen massive slippage at times.. however lately they have improved on that aspect as a lot of customers were leaving.

Check out EFX Group - www.efxgroup.com - that's MB trading's forex division. MB also lets you deal with stocks, etc.

Nathan, you have the whole weekend to sleep.. so wake up for a few minutes.. ;)

Edit : Just made 8 pips on USD/CAD.. I reacted a bit slowly because the core was unchanged.
 
Music_Producer said:
Shard, MB trading is at www.mbtrading.com. They're an ECN, but I've seen massive slippage at times.. however lately they have improved on that aspect as a lot of customers were leaving.

Check out EFX Group - www.efxgroup.com - that's MB trading's forex division. MB also lets you deal with stocks, etc.

Nathan, you have the whole weekend to sleep.. so wake up for a few minutes.. ;)

Edit : Just made 8 pips on USD/CAD.. I reacted a bit slowly because the core was unchanged.
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Thanks for the info! Yeah, I didn't get in at the top of the trade either, but still made a decent number of pips - a good start to the weekend.

Hope everyone has a good one and we'll see you next week! Should be some good trades from the looks of it... :cool:
 
Did you guys trade the BOE Minutes?

Im still holding on it becuase the move wasnt justified in my opinion but Ill let you guys know when I close.

Edit: I closed it for 43 pips. Im moving to LA on friday and that just about payed for it :D
 
nhallmark said:
Did you guys trade the BOE Minutes?

Im still holding on it becuase the move wasnt justified in my opinion but Ill let you guys know when I close.

Edit: I closed it for 43 pips. Im moving to LA on friday and that just about payed for it :D
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Good one nathan! I just got out with 28 pips because I didn't want to hold on any longer.. but apparently it's still going up. Move was muted because the US $ has been pretty strong lately.. with expectations of rate cuts fading away.
 
Damn! GBP/USD moved up 60 pips more :eek: Hey nathan, if you'd stayed in.. you could have probably made enough to move to London :p
 
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