a beginner's attempt at the pairs

Discussion in 'Forex' started by big mac, Nov 15, 2016.

  1. mlawson71

    mlawson71

    I avoid news too, not to mention that I am an intraday trader for the most part. Even if USD reverses it'd be all the same to me. Still, thank you for the warning.
     
    #401     Jan 6, 2017
    victorycountry likes this.
  2. Hey guys, This time I will have to use tech analysis to make money. Remember? I am also very skilled TA. There will not be macro news this time. So I can't trade off any fundamental info. Instead, I will exploit Trump effect on inauguration. I say Effect because close to his inauguration, dollar will gradually find strength. By the end of his inauguration, dollar will gradually lose its strength again.

    I say Jan 19 will be the key date on which the effect will start. I hope you guys make money too. I will hold my positions to the middle of inauguration.

    IMG_0507.JPG

    I will take long positions in USDJPY, (Gold) and short positions in GBPUSD, EURUSD, and ANZ

    IMG_0509.JPG
    IMG_0508.PNG
     
    Last edited: Jan 7, 2017
    #402     Jan 7, 2017
  3. mlawson71

    mlawson71

    I have a long position on EUR/GBP, I am not even sure whether I should close it because the pair is very bullish.
     
    #403     Jan 9, 2017
  4. big mac

    big mac

    i think i'm starting to get my footing..

    Long AUD @7364

    Stop @7320
     
    #404     Jan 9, 2017
  5. big mac

    big mac

    SELL EUR 10565
     
    #405     Jan 9, 2017
  6. big mac

    big mac

    add s 10568
     
    #406     Jan 9, 2017
  7. big mac

    big mac

    once these idiots realize the EUR is lower :)
     
    #407     Jan 9, 2017
  8. big mac

    big mac

    Always learn smthg new from you. What TA demonstrates the "trump effect"?
     
    #408     Jan 10, 2017
  9. Will see. I still have to wait until next week.
    At the moment all my attention is on EURPLN and USDPLN. Just 2 hours to go before NBP are going to announce their interest rate decision. I have been tracking Polish Zloty for about a week, and have got concrete information for this undervalued currency.

    images.jpg
     
    #409     Jan 11, 2017
  10. the NBP has decided to postpone their interest rate decision until February... very disappointing. But it's good to learn that they can delay the interest rate decision.

    Now my focus is on inauguration next week
     
    #410     Jan 11, 2017