Damn no data release on ECB it got us good hahaha.

FX Dynamite

How come there is no data release on ECB conference ? Any ideas T?

Spider's Den

I heard it's only a trial account to test some of the systems he is been working on, that's the word but we never know.

FX Dynamite

Sure got it thanks...though I am excited to see what actually happens and how does the market react. Sure will be fun.

Spider's Den

Which Platfrorm are you using Stonyheart?

FX Dynamite

Got in too. There are certain level's I am careful about here they are below in the pic. As happened in EURNZD few days back the market bounced back from the daily support level even though the setup for the trade was perfect.

FX Dynamite

Hello T Thanks a lot for all those analysis been taking benefit of those from shadows but have been following you for a while. Would you place any trades during the ECB release, there are quite a few critical news release today. Fundamentally ...

Spider's Den

There are 3 more critical news release today for the EUR and USD pairs as the news release will be ECB press conference and Minimum Bid rate affecting GBP and EUR pairs. USD unemployment claims. So guys you might wanna secure some of the profits or ...

FX Dynamite

I always thought daily time frame does not get affected to that extent with the news release but this proved that belief wrong need to be more careful in future. Although I haven't seen significant changes like these in other major FX pairs on daily ...

FX Dynamite

I guess I was the lucky one leaving my pending order right where the setup occurred massive move. This trade is more like a gap up in the market so a correction may follow in by the end of the day so I have kept my stop loss at 3% profit level ...

FX Dynamite

Taking a loan to start trading is like committing a financial suicide and on top of that having such a small account size makes it easier for you to have your account blown away. The best thing to do as said by Ducdaovn is to stay away from forex ...

FX Dynamite

Added you varun on skype, hope you accept it. Thanks

FX Dynamite

Good Job Shaun yes I did get in but a bit late.

FX Dynamite

Impressive man thats the return you have just from trades since last month right ? Atleast thats what your TE shows. I am more of a conservative type trader with exposure less hence return less with average return of 10% or less every month I ...

FX Dynamite

50% of your overall account? Or in what respective to ?

FX Dynamite

Foxtrader I guess you are mixing it up a bit the strategy I mean, if you have a quick look on the strategy written on the first page you will come across following To determine the (HH,HL's) and (LL,LH's) we use Stoch and Zigzag, the Stoch when ...

FX Dynamite

My target area is 1.05906 as it is a support on the daily time frame also it gives me the ratio of 1:2 hence that's my first target. Lets see if the price actually drives down there although anything can happen.

FX Dynamite

My Stop loss is more of a calculated one I use all the time hence not sure if you would like and also it is very important to make sure that stop loss are in harmony with money management so be careful with using mine if you are going to. STOP LOSS ...

FX Dynamite

Got in the trade for EURNZD short position. Anyone Else in yet?

FX Dynamite

Ya sure I meant that way but I am not used to putting my thoughts properly yet regarding trading.

FX Dynamite