Yen is the Currency to watch in 2007
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  | Archive through April 19, 2007 | lafee | 25 | 1 | 19-Apr-07 06:55 am |
| Archive through April 16, 2007 | ingot54 | 25 | 1 | 16-Apr-07 08:33 am |
| Archive through April 11, 2007 | msparks | 25 | 1 | 11-Apr-07 01:31 pm |
| Archive through April 07, 2007 | ingot54 | 25 | 1 | 07-Apr-07 05:28 am |
| Archive through April 03, 2007 | stocky | 25 | 1 | 03-Apr-07 01:19 pm |
| Archive through March 29, 2007 | lafee | 25 | 1 | 29-Mar-07 01:09 pm |
| Archive through March 27, 2007 | ingot54 | 25 | 1 | 27-Mar-07 09:54 pm |
| Archive through March 22, 2007 | wadda | 25 | 1 | 22-Mar-07 09:56 pm |
| Archive through March 21, 2007 | lafee | 25 | 1 | 21-Mar-07 09:23 pm |
| Archive through March 20, 2007 | stocky | 25 | 1 | 20-Mar-07 08:05 pm |
| Archive through March 19, 2007 | lafee | 25 | 1 | 19-Mar-07 03:16 pm |
| Archive through March 15, 2007 | lafee | 25 | 1 | 15-Mar-07 06:00 pm |
| Archive through March 13, 2007 | lafee | 25 | 1 | 13-Mar-07 02:12 am |
| Archive through March 09, 2007 | lafee | 25 | 1 | 09-Mar-07 06:17 pm |
| Archive through March 06, 2007 | lafee | 25 | 1 | 06-Mar-07 10:36 pm |
| Archive through March 02, 2007 | lafee | 25 | 1 | 02-Mar-07 10:40 am |
| Archive through February 27, 2007 | lafee | 25 | 1 | 27-Feb-07 08:53 pm |
| Archive through February 15, 2007 | captain_chaza | 25 | 1 | 15-Feb-07 05:23 pm |
| Archive through February 10, 2007 | ingot54 | 25 | 1 | 10-Feb-07 09:30 am |
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Message |
     lafee
Member
Username: lafee
Post Number: 540
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 10:55 am: |  
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closed out USDJPY short @ 11825.5 
Cheers Lafee
Position at the edge.
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lafee
Member
Username: lafee
Post Number: 541
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 04:49 pm: |
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I know some of you have had a few disappointments over the last two weeks. But it is not time to give up now. It is rare for the market to move so much during our daylight. We are in for big things tonight and if you miss opportunities like this you risk missing the few big trades that make all the difference at the end of the month.
Potential Shorts :
AUDJPY
USDJPY
GBPJPY
AUDUSD
Potential longs
EURNZD
Your task is to find value in a fast moving market.
Cheers
Lafee
ps. my entry points are not close enough yet but that will change.
Position at the edge.
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msparks
Member
Username: msparks
Post Number: 970
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 05:02 pm: |
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Lafee
The fx platform you recommended is very good , haven't started doing demo trades etc but the charts are good.
Do you know a good one for futures, us, oz etc so i can get some better charting software live tics etc , better than the IG charts, compared to meta t-rader-1111 , they are not too good as i get the casino feeling where i never know what what time it is, or timeframe or trend i am chasing, i know they wouldn't do that on purpose, but hey ..
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msparks
Member
Username: msparks
Post Number: 971
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 05:19 pm: |
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ps Lafee
how do you manage the timeframes, i am finding it very confusing.
is it wise to remain in the one timeframe once entering the trade ?
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lafee
Member
Username: lafee
Post Number: 542
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 05:23 pm: |
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Its just a matter of how much you want to spend. The exchange fees for futures are expensive and you have to pay for each thing you want. It might be 50-60 US p/month for the metals, 30 US p/month softs etc etc. Plus you will be looking at about 90US p/month from your data supplier just to run the feed. A good charting package will most likely set you back US$2000+. I use Genesis Platinum which is like Tradestation but I find it easier to use. I pay about US$160 p/month for my data but I only get 20min delayed data on the futures - live for US stocks and forex.
You will not get anything like metatrader on futures without paying up for it. THats why Metatrader is so good. Not as good as Genesis but hey its free.
Cheers Lafee
Position at the edge.
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lafee
Member
Username: lafee
Post Number: 543
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 05:29 pm: |
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Msparks,
Yes, I do not switch timeframes after entry. I stick with the 60min for scalp style trades and a daily for 1-5 day trades.
Don't believe the 'every chart is the same' nonsense. A 60min chart is very different to a daily. Different traders use different timeframes and they are motivated by different things.
Cheers
Lafee
Position at the edge.
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msparks
Member
Username: msparks
Post Number: 972
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 08:28 pm: |
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No wonder my head is spinning, i have been going from 1 min to 5 min to 1 hour, daily, back and forth , it is like being in a tumble drier and not knowing which way is up.
Thanks Lafee
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lafee
Member
Username: lafee
Post Number: 544
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 08:42 pm: |
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Looking at shorting AUDJPY @ around 98.85
Cheers Lafee
Position at the edge.
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lafee
Member
Username: lafee
Post Number: 545
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Thursday, April 19, 2007 - 10:25 pm: |
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looking for a spike above 9840 to enter short on the AUDJPY.
Cheers Lafee
Position at the edge.
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lafee
Member
Username: lafee
Post Number: 546
Registered: 04-2003
Rating: N/A
Votes: 0
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