Hi, Is it advisable to buy at current market level (1380)? George

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hello, XAU/USD - Can anyone suggest next long level for gold? George

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi, I am still using this method with my own style. I will always keep 1000 pips as cushion for every open position at any point of time. I am trading with AUD/JPY. If the usable margin falls below 95% immediately I will make the payment by using ...

Super Carry Trade Trading System

Gold is falling

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Right...Hope 1736 resistance will hold. If it breaks a free fall to 1706 area.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It is true. I am trading with FXCM and so far there is no problem with the broker, ( I am not advocating for them ) George

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It is true that the use of gold is more here in India as it is a part of our culture. Do anyone think that if the usage of gold in India decreases it will affect the bullish movement of metal? What about the requirement for forex reserve compare to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I do agree. I am trading with FXCM. George

Super Carry Trade Trading System

Thanks for your feedback. As you explained in your example same thing happened to me. Now I am not using hedge to increase my account balance. Kindly note that I am trading without stop loss and averaging the positions and I knows that it is a bad ...

$5k to infinite

Hi tradestar, I agree to your first point. It is a losers game. But I will keep in mind that always we cannot win. I wanted to participate and stay alive that is important to me. I knows that I may not be able to close the position and go for a ...

$5k to infinite

Hi domono, I am preferring to pay for the exposure instead of margin call / account closure. I may be paying for few weeks or months. My motto is stay alive...!!! George

$5k to infinite

Hi tradestar, Many accounts got margin call last month JPY draw down / spike as we never expect such a way market will move. The last year intervention by the BOJ moved the market only 300 pips and the last month spike was extreme. If we are bad in ...

$5k to infinite

Hi, I agree with you. Margin call is part of the game. I blown up 3 times my account and learned many lessons from that. I used to take a break for 3 to 6 month from trading if I get a margin call or heavy loss. George

$5k to infinite

Hi 2+2=4ex, Good luck to you too The system may not work for short time frame as we can not expect the market to move all the time in our favor and our main focus is carry trade. My approach is long term as I have a day job and it is not easy to ...

Super Carry Trade Trading System

Hi Ralph, I have tested several systems and strategies last two years. I am not believing in automated systems. As I am following this Super Carry Trade trading system I am able to make profit from both trading and carry interest. Currently I am ...

Super Carry Trade Trading System

Dear Xaron, What is your opinion to carry AUD/JPY at current levels? George

Super Carry Trade Trading System

It is true that professional traders are using carry trades in their portfolio. At any point of time I will be using less than 5% of my equity. I am handling unwinding in a different way. I wont allow my account to close due to unwind and instead of ...

Super Carry Trade Trading System

Dear Dreamliner, Nice to see you here again after a long time. I like your post very much. I am trading in live account with FXCM both in Micro and Standard account. I am not strictly following to the original concept. I like the concept and locking ...

Super Carry Trade Trading System

Hello, My account is still active in spite of the recent JPY draw down. We have to be alive so that we can participate the game....it is important to me George

Super Carry Trade Trading System

But what if 2 or 3 Long orders are triggered and than market starts to spike down ? Sell orders will be there in place below 500 pips equal to total open position. - Do you use Stop Limits ? (sure, 300 pips) - How do you protect yourself from loses ...

Super Carry Trade Trading System