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Anyone here into FOREX?
- Thread starter Music_Producer
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Im moving from Dallas, TX. Im moving to LA just because I like it, I guess
What's so bad about LA? We're moving to Agoura Hills so we wont be in the middle of all the LA craziness
Did you guys trade this morning?
I got 7 pips on US Durable Goods and 22 pips on US New Home Sales
Im moving from Dallas, TX. Im moving to LA just because I like it, I guess
What's so bad about LA? We're moving to Agoura Hills so we wont be in the middle of all the LA craziness
Did you guys trade this morning?
I got 7 pips on US Durable Goods and 22 pips on US New Home Sales
You will find out when you get here.
In all fairness, it has its pros and cons.
Love the weather, the lifestyle and the diversity.
The traffic will take some time to get use to. It takes me about 1 hour each way from home to work and vice versa. I know some people that drive even longer.
Also, cost of living is really high but then you probably already knew that.
Good luck on the move and welcome to the jungle.
13 pips on US home data and 32 pips on a USDCHF short thanks to that news - the pair shot up, broke several technical flags I has set as a result (resistance, RSI, short-term MACD, etc.) and as a result I shorted it quite successfully after the news effect settled down. Also shorted the EURUSD earlier this week for 46 pips based on technicals. Just a smaller lot though ($75K) as I am still not as confident in technical trading as I am with news trading. I see a potential short term run-up in the pair now from a technical perspective, especially with no Euro news for a while to skew with things, so I might take a long position tonight with $50K or so...
So far this week a good combination of news and technical trading for me - can't complain at all.
I see a potential short term run-up in the pair now from a technical perspective, especially with no Euro news for a while to skew with things, so I might take a long position tonight with $50K or so...So far this week a good combination of news and technical trading for me - can't complain at all.
I made it to LA
Now, my problem is that my internet wont be set up until june 5th(Im "borrowing" one of my neighbor's wifi right now). OceanView or Music_Producer, is there anywhere in LA thats open 24hrs that has internet?
Im thinking I might have to pay for a motel for 2 weeks just to get the wifi.
Good job on the technicals, Shard!
Now, my problem is that my internet wont be set up until june 5th(Im "borrowing" one of my neighbor's wifi right now). OceanView or Music_Producer, is there anywhere in LA thats open 24hrs that has internet?
Im thinking I might have to pay for a motel for 2 weeks just to get the wifi.
Good job on the technicals, Shard!
Humble question.
Hello gentlemen.
I've been a fly on the wall for about 6 months now. I have learnt very much and read everypost. I am now myself a successful news-trader.... and probably owe alot to the explanations first posted by music_producer.
Can I ask you all where you recieve your news feed from? I figure it must be very fast. Is TTN all you use? Maybe Bloomberg or Reuters? That seems to be one detail I'm still not sure about.
Thanks.
Hello gentlemen.
I've been a fly on the wall for about 6 months now. I have learnt very much and read everypost. I am now myself a successful news-trader.... and probably owe alot to the explanations first posted by music_producer.
Can I ask you all where you recieve your news feed from? I figure it must be very fast. Is TTN all you use? Maybe Bloomberg or Reuters? That seems to be one detail I'm still not sure about.
Thanks.
I hope things work out for you nathan - keep us posted! As for life without Internet access, I can't imagine it!
Hi StuNew78, glad to have you on board and reading the thread. TTN is indeed what we use - I, at least, am not at the level yet where I can justify the $1800/month charge for the Bloomberg terminal.
Please continue to share with us your experiences (if you like) and if you have any questions just ask!
Hi StuNew78, glad to have you on board and reading the thread. TTN is indeed what we use - I, at least, am not at the level yet where I can justify the $1800/month charge for the Bloomberg terminal.
Please continue to share with us your experiences (if you like) and if you have any questions just ask!
I hope things work out for you nathan - keep us posted! As for life without Internet access, I can't imagine it!
Hi StuNew78, glad to have you on board and reading the thread. TTN is indeed what we use - I, at least, am not at the level yet where I can justify the $1800/month charge for the Bloomberg terminal.
Please continue to share with us your experiences (if you like) and if you have any questions just ask!
Thanks Shard.
I myself am just about to trial out a news feed service from www.forexdiamonds.com as I live in Singapore I'm not sure how fast the delay from the server in New York will affect my trading executions. But what I'll do is chime back in here after a few weeks of trading reports and share my profits/losses.
TTN gives you the raw figures which is probably more for those who are confident to process the info quickly (not me yet!), this service I'm going to try gives you conservative BUY/SELL triggers instantly... well that's the idea.... we'll see.
thanks for the welcome.
Absolutely, it's always nice to have new people join the thread and discussions. The more people we have, with more insight, knowledge, experience and thoughts, the better traders we become as a whole.
That news service sounds interesting, what with the BUY/SELL method of indications, however I wonder how it would respond during multiple cross reports. For instance, if there is bad Canadian data, it would no doubt give a BUY signal on the USDCAD pair. However what happens if at the same time, there is horrible US data? You would get the proper BUY signal on the GBPUSD no doubt, however if you were specifically planning on trading the USDCAD pair, you might get screwed.
Just some thoughts - please keep us posted and happy trading!
What's going on guys? I'm back from a little break that I took.. time to get back into the markets and in the gym!
Nathan.. welcome to LA! I just realized that you moved on Friday, Memorial day weekend.. hope you didn't encounter any nasty traffic. 24 hours internet.. when I was in Hollywood I know there were a few cafes open 24/7.. check to see if you have any near where you're staying.
I think some branches of Fedex/Kinko's are open 24 hrs.. and they have internet access. Good luck, and if you want me to research online.. let me know.. PM me and I'll get back to you.
Shard, you've been busy with your techs as usual Btw, I'm just listening to the 2nd track you sent me.. the first one was awesome.. super clean considering it's not mastered.. my first track had 'hiss' all over it.. just tried to make it sound analog.. is the best excuse I have
Let's see.. today the Aussie sales are something to look out for.. US consumer confidence too.. but i think i'll be sleeping tonight.. real tired. See you all later!
I'm back from a little break that I took.. time to get back into the markets and in the gym! Nathan.. welcome to LA! I just realized that you moved on Friday, Memorial day weekend.. hope you didn't encounter any nasty traffic. 24 hours internet.. when I was in Hollywood I know there were a few cafes open 24/7.. check to see if you have any near where you're staying.
I think some branches of Fedex/Kinko's are open 24 hrs.. and they have internet access. Good luck, and if you want me to research online.. let me know.. PM me and I'll get back to you.
Shard, you've been busy with your techs as usual
Btw, I'm just listening to the 2nd track you sent me.. the first one was awesome.. super clean considering it's not mastered.. my first track had 'hiss' all over it.. just tried to make it sound analog.. is the best excuse I have Let's see.. today the Aussie sales are something to look out for.. US consumer confidence too.. but i think i'll be sleeping tonight.. real tired. See you all later!
Just made 22 pips on the Canadian rate announcement - awesome trade! Obviously could have made more, but I was quite happy with my result.
Glad to see you back Music_Producer! Yeah, I need to get back to the gym as well, I've just been too busy lately. As for the music, glad you liked the first tune I sent - let me know what you think about the second and I'll send a couple more your way in the next few days. We can chat more via PM if you like.
I'll be watching the AUD trade tonight for sure - good luck everyone!
Glad to see you back Music_Producer! Yeah, I need to get back to the gym as well, I've just been too busy lately. As for the music, glad you liked the first tune I sent - let me know what you think about the second and I'll send a couple more your way in the next few days. We can chat more via PM if you like.
I'll be watching the AUD trade tonight for sure - good luck everyone!
Hey guys!
I called time warner to see if they could get out here sooner. To make a long story short, I've got my internet set up now
Music_Producer, the traffic was actually better then the last time I came out here. I've been here since sunday afternoon and I have yet to encounter any bad traffic(aside from driving down PCH which is always a mess).
StuNew78, Ive actually been using felix's service for a few weeks now but didnt want to post anything about it until I was sure that it worked. I would sign up for Secret News Weapon though instead of his room because it clicks the button for you
If you guys try it out though, sign up under me so I'll get the commission
Just go to www.secretforexsociety.com and click join, then enter my email which is nhallmark AT gmail DOT com. That website is free and he has a really good video on NFP and how it works. Its like 3-4 hours long though.
Anyway, Im liking it so far but sometimes, especially on NZD reports, TTN will get the # faster than SNW so Im paying for both right now.
Shard, on CAD reports, the guy tells everyone(in his emails the night before the trade) to trade EUR/CAD if there is US data at the same time.
Supposedly, they are supposed to be releasing a new version in a few weeks that will handle conflicting reports, revisions, etc. but he has been saying that for a few weeks
Anyway, Im liking LA a lot. Luckily, when I leased my apartment online, I got a good area(agoura hills). Its quiet and safe...one of the only places in LA that doesnt have graffiti on all the street signs
I called time warner to see if they could get out here sooner. To make a long story short, I've got my internet set up now
Music_Producer, the traffic was actually better then the last time I came out here. I've been here since sunday afternoon and I have yet to encounter any bad traffic(aside from driving down PCH which is always a mess).
StuNew78, Ive actually been using felix's service for a few weeks now but didnt want to post anything about it until I was sure that it worked. I would sign up for Secret News Weapon though instead of his room because it clicks the button for you
If you guys try it out though, sign up under me so I'll get the commission
Just go to www.secretforexsociety.com and click join, then enter my email which is nhallmark AT gmail DOT com. That website is free and he has a really good video on NFP and how it works. Its like 3-4 hours long though.
Anyway, Im liking it so far but sometimes, especially on NZD reports, TTN will get the # faster than SNW so Im paying for both right now.
Shard, on CAD reports, the guy tells everyone(in his emails the night before the trade) to trade EUR/CAD if there is US data at the same time.
Supposedly, they are supposed to be releasing a new version in a few weeks that will handle conflicting reports, revisions, etc. but he has been saying that for a few weeks
Anyway, Im liking LA a lot. Luckily, when I leased my apartment online, I got a good area(agoura hills). Its quiet and safe...one of the only places in LA that doesnt have graffiti on all the street signs
Thanks for the update and the info nathan, much appreciated! I'll take a look at that news service and see if it loks like something I want to try out. Do they have a free trial? What does their monthly subscription cost?
Shard, its $250 a month or $150 a month if you pay for his room also
He gives you 3 weeks to get a refund which I haven't asked for but there is a thread on FF somewhere where someone asked for a refund and they did receive it plus the $10 or $15 per his refund policy.
He gives you 3 weeks to get a refund which I haven't asked for but there is a thread on FF somewhere where someone asked for a refund and they did receive it plus the $10 or $15 per his refund policy.
Not SNW!!! How is that working for you? I tried it a long time ago and it was great in theory, but horrific in practice. I had 3 messed up trades after which I just cancelled the damn thing.
One was when a deviation was positive.. but the thing automatically triggered 'sell' instead of buy.. leaving me scratching my head. Another instance was when it showed a wrong deviation. The last was when it came out much later than the news did.. so the markets had already moved by then.
If you're using it.. don't bet your whole account on it.. use it cautiously. After those 3 errors, I wouldn't use it again. I don't know if they've improved the system now.. but I've also heard that they basically use Bloomberg and Reuters service.. and forward it to all their subscribers. Rumor was that bloomberg is trying to shut them down.. and in some instances.. they're probably doing things like sending DOS attacks, etc. That might just leave you with a trade not executed, or worse - a trade executed in the opposite direction.
I also realized that I was actually a bit faster than that weapon So I prefer to trade with the news.. and not use some third party thing where there is no guarantee of what will happen. Bottomline, I had a bad experience..
Nathan, you got internet already? WTF?! Next time I move somewhere.. I'm gonna call you and ask you to hook me up with internet.. you're fast
How is that working for you? I tried it a long time ago and it was great in theory, but horrific in practice. I had 3 messed up trades after which I just cancelled the damn thing. One was when a deviation was positive.. but the thing automatically triggered 'sell' instead of buy.. leaving me scratching my head. Another instance was when it showed a wrong deviation. The last was when it came out much later than the news did.. so the markets had already moved by then.
If you're using it.. don't bet your whole account on it.. use it cautiously. After those 3 errors, I wouldn't use it again. I don't know if they've improved the system now.. but I've also heard that they basically use Bloomberg and Reuters service.. and forward it to all their subscribers. Rumor was that bloomberg is trying to shut them down.. and in some instances.. they're probably doing things like sending DOS attacks, etc. That might just leave you with a trade not executed, or worse - a trade executed in the opposite direction.
I also realized that I was actually a bit faster than that weapon
So I prefer to trade with the news.. and not use some third party thing where there is no guarantee of what will happen. Bottomline, I had a bad experience.. Nathan, you got internet already? WTF?! Next time I move somewhere.. I'm gonna call you and ask you to hook me up with internet.. you're fast
Not SNW!!!
Wow, its been working great for me. There was one trade on CAD GDP a few weeks ago where it just gave a 0 deviation and felix said afterward that he set it up wrong, which scares me but I haven't had any problems so far.
Ive actually trippled my account again this month using it. Maybe you got in when it was still in beta?
Either way, thanks for sharing your experience. I'll definitely be more cautious with it.
Nathan, you got internet already? WTF?! Next time I move somewhere.. I'm gonna call you and ask you to hook me up with internet.. you're fast
Yeah, they told me june 5th and then moved it to the 7th online, but I called them just to see if they could get out here faster and they said "yeah, we have 2 appointments open tomorrow" so I took the earliest one...the guy came out this morning and I had some trouble with my airport but now Im up and running
I just noticed yesterday though, that they have a building directly across the street from my apartment(yet somehow they couldnt just walk across the street and hook me up
)Yeah I used it quite some time back.. so it was probably really buggy then. If it works great then don't be cautious using it.. I was just citing my own experience with it. It's probably all improved now.. maybe I'll give it a shot but my current trading technique.. I'm just so used to it.. let's see. Maybe I'll get it for my wife
... And that it did! 12 pips on the Aussie news - shorted from 8192 to 8180, perfect trade - in, out, pips in the bag.
Damn, that sucks. Ah well, it wasn't a large move - I see the AUDUSD pair (the one I traded) is pretty much back to where we started...
Hmm, what the hell is going on with the Chinese markets?! All indices opened -5% or lower and market is buying?!
Huge swings right now on carry trades, at least USDJPY and EURJPY. I think I'll just watch this from the sidelines until a clear direction is formed... possible opportunities though, that's for sure...
Pretty soon you'll be moving from agoura hills to beverly hills
Shard.. I don't know what's up with these chinese markets. To me it seems like the run up before a huge bubble burst. I'm waiting for the carry trades to correct.. like in february when we saw drops of 800 pips or so.
Haha, kicked your ass.
I would have kicked everyone's collective ass.. would have made 20 pips had my trade gone through
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