Forex Forum Archive for 05/09/2009

GVI Forex Jay 13:37 GMT May 9, 2009
Kaprikorn, ask that on the help Forum as it fits in with the weekend discussion.

Livingston nh 13:20 GMT May 9, 2009
JP - I guess the deceased would qualify in Treasury parlance as a "Legacy ASSet"

sofia kaprikorn 13:04 GMT May 9, 2009

ZEUS ........
I was thinking as I witness your trading and if I may ask if possible some details on your risk/money mgmt:

say we take your last EUR/USD short:
obviously you scaled in and at the end you doubled the whole scale-in series -- so I am wondering what per-cent or how you define the size of the scale-in-takes and in the end what per-cent of your trading capital is the whole trade risk - certainly that poses the question where you will have your stop..

I know this is sensitive info however money mgmt is key so I'm interested in your management because from your posts one can judge you trade with solid confidence but I'm more curious what damage you would allow if it just doesn't go your way.

Jufair KaL 11:02 GMT May 9, 2009 Reply   
if u are into trading trends and into diversifaication
i suggest u look @ this
and buy or sell below or above the average price expected for the week
and hang in there for a week while avg positions
i made 7% last week...without the stress
stops and Pt have no place here
GL and gt

Pair ___ Trend Reco ___ average price
EURUSD ___ Buy ___ 1.3485
USDJPY ___ Buy ___ 100.1790
GBPUSD ___ Buy ___ 1.5208
USDCHF ___ Sell ___ 1.1228
EUR/CHF ___ Hold ___ 1.5144
AUDUSD ___ Buy ___ 0.7715
USDCAD ___ Sell ___ 1.1496
NZD/USD ___ Buy ___ 0.6037
EUR/GBP ___ Hold ___ 0.8874
EUR/JPY ___ Buy ___ 135.0718
GBP/JPY ___ Buy ___ 152.2244
CHF/JPY ___ Buy ___ 89.2266
GBP/CHF ___ Hold ___ 1.7077
EUR/AUD ___ Hold ___ 1.7490
EUR/CAD ___ Hold ___ 1.5512
AUD/CAD ___ Hold ___ 0.8863
AUD/JPY ___ Buy ___ 77.2867
CAD/JPY ___ Buy ___ 87.1206
NZD/JPY ___ Buy ___ 60.5045
GBP/AUD ___ Sell ___ 1.9696
AUD/NZD ___ Buy ___ 0.7715
AUD/CHF ___ Buy ___ 0.8663
EUR/NZD ___ Sell ___ 2.2318
GBPCAD ___ Sell ___ 1.7461
GBPNZD ___ Hold ___ 2.5160

Mtl JP 06:41 GMT May 9, 2009 Reply   


Young Chuck moved to Texas and bought a donkey from a farmer for $100.

The farmer agreed to deliver the donkey the next day.

The next day the farmer drove up and said, "Sorry Chuck, but I have some bad news.

The donkey died last night.'"

Chuck replied, "Well then, just give me my money back."

The farmer said," 'Can't do that. I went and spent it already."

Chuck said, "OK, then, just bring me the dead donkey."

The farmer asked, "What ya gonna do with a dead donkey?"

Chuck said, "I'm going to raffle him off."

The farmer said, "You can't raffle off a dead donkey!"

Chuck said, "Sure I can. Watch me. I just won't tell anybody he's dead."

A month later, the farmer met up with Chuck and asked, "What happened with that dead donkey?"

Chuck said, "I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898.00."

The farmer said, "Didn't anyone complain?"

Chuck said, "Just the guy who won. So I gave him his two dollars back."

Chuck now works for an American bank.

GVI Forex Jay 00:08 GMT May 9, 2009
I posted a question about how to place stops on the Help Forum. Please feel free to comment as I see this as critical to successful trading.