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It's a service run by Amazon.com:
http://www.mturk.com/mturk/welcome
ugh, and this new cup of coffee...
C\_/
...that I just made tastes like ass! I put too much coffee in the cup.
I'm back. I was going to do some transcription work on Mechanical Turk, but since that only pays about a buck fifty an hour I figured I'd try to scalp GBP/JPY some more instead. I made a new scalping tool yesterday and it's time to test it out! w00t!
LOL, well I'm gonna go make some more and shut down here for a while. Be back in a few hours!
crap, I just drank the rest of my coffee too fast and now I have the hic
asaasfaoisj
hi
;aa
hiccoughS1!!
Yes UP! U-P UP! LOL
I'm still long and up 107 pips right now, but I only have 51 pips locked in with my stop.
Yeah the Fundies could do anything. There's GDP, New Home Sales and Personal Spending coming out before the end of the week in the U.S. But I think the overall upward bias on gold is breaking down now.
Man, some Japanese BOJ board member was warning about not raising rates fast enough over there, but the AUD/JPY is STILL moving up. Shrugged that news right off. It would be nice to see a nice 50-100 pip move during the London session.
ugh. Bite your tongue!
sigh, someday I'm going to have to figure that stuff out I guess. But not today.
I see the flag still but I'm looking at the 3 SMAs. The 30 is curling down now and the price has closed under the 50 like four or five times I think. Danger signals; looks weak.
Oh great. Now Oanda can crash all the time like Windows does... :-P
aaahhhhhggggg! stop!
I hate object oriented programming systems (why do you think that spells "OOPS?" LOL). Objects? Classes? Methods? What????? I've never made sense of that.
The uptrend on gold in the 3-hour chart looks like it's breaking down now. I never got a signal on it, so it's off my watch list for now.
I ended up not doing the scalp on GBP/JPY because I couldn't get a high probability signal.
Still long on AUD/JPY from last night and just took a long position in NZD/USD also. Up 98 pips on the AUD/JPY right now and about even on the kiwi.
Yeah, my trade is based on the 3-hour chart so it's no use staring at the thing now. I'll look back at it in a few hours.
Gonna try a scalp on GBP/JPY during the next hourly bar and then head out.
Oh you're right. I wonder why they only do it for some? Maybe it takes up too much processing power or something.
Oanda has a graphic that shows where their customers' stops are. Updated every hour I think.
Well... be not a putz LOL :)
What about taking part of your profit out before it gets up there?
I miscalculated that; my target is 101.90. I see the resistance up at 103.50 too; a nice round number that corresponds to the 168% Fib extension of the last major swing.
I have an initial target of 100.95 but may push that up and trail a stop if it looks good.
Disregard my last AUD/USD message, I just entered AUD/JPY.
I'm looking for a long on AUD/USD if it breaks back above the 0.8750 level. Stop at 0.8710 and TP at 0.8800
I've been watching that golden flag too!
Also, does not the volume (& volitility) tend to increase on these 2 days
Here's what I'm talking about. Suppose we tracked volatility(measured by total range in pips) over 3 weeks and got the following info:
Week A B C Average
Sun 32 25 48 35
Mon 54 34 72 53
Tue 67 45 48 53
Wed 62 85 44 64
Thu 87 45 50 61
Fri 45 56 67 56
Rank 2nd 1st 6th
No signals for me yet; I'm off to work on some other stuff...
Oh ok, I remember that from when I went through babypips. Can't tell if they used an average of pip movement by day or if they took an average of the day's ranking within each week. If it's the first method then it's probably an artifact.
Hmmm, depending on how they calculated it, that could be a good example of what we math geeks call a "statistical artifact." It would be extemely improbable for all five days to be equally active, or even for two days to be equally active over time. So SOME day has to be the busiest, and SOME day has to be the least busy.
On the other hand, if Tuesday and Wednesday are consistently the busiest days week after week (instead of just on average over a lot of weeks), then it's significant. I'd like to see how they did it. If you find it let me know!
I dumped that EUR/USD long for 3 pips. Hector didn't trade at all on Monday. In his latest video he mentioned that most professional traders are out of the market about 90% of the time. However, I just went through my charts again tonight and I'm coming up with eight possible setups! Go figure...feast or famine.
Scalped the GBP/JPY. Meant to go short at 233.14, but went long by mistake. DOH! Closed that trade for a four pip loss, then reentered short at 233.08. Closed that one at 233.00 for an 8 pip profit. So because of my screwup I netted 4 pips instead of 14 pips. Nice. Nice to be a frapping spaz... yeah.
I'm out for a walk. Later.
Welcome Schwabby!
For that Euro trade I was using a system created by a full time FOREX trader; you can find out a lot about it here:
http://hectortrader.com
I also do some scalping based on my own statistical research. You can find out more about that here:
http://market-geeks.com
And finally, if you're new to FOREX trading, take a look through the stuff on the iBox, especially the "FOREX club" website which is owned by the mods of this board.
This trade is dragging on; I'm out at 1.4121 for +2 pips. bleh.
Long EUR/USD at 1.4121
Looking at a long in GBP/USD too, but I'd rather see it come down closer to 2.02 though.
Hello PYPS people!
I was out last week obsessively working on a new research project on scalping the GBP/JPY so I wasn't doing any trading. The project is finished but didn't really bear much fruit. For those of you that follow such things, you can see the resarch notes in my site's archives:
http://market-geeks.com/researcharchives.php
They're the ones dated 9/22/07.
Anyway, this week I'm starting out looking at possible long position in gold and the Euro. Game on!
Bleh. Nothing going on. USD/CHF still moving sideways. Lunchtime in London in a couple of hours, and that does it for me for this week. All I'm doing now is usind my scalping tool with GBP/JPY, and I haven't even gotten a signal there. Two more hours and it's all over for the week...
Just peeking in for a minute since I see no trades. The gold setup I was looking at crumbled, so that's out. Still ranging along in USD/CHF for the past four days; waiting for a breakout & confirmation below 1.1800. There may be a short opportunity shaping up in GBP/USD on the 30-min chart, but I don't see the pattern yet...
Oh well, out here. Back in a while.
Hello night crew!
I managed to eke out 22 pips on the first half of my AUD/USD trade last night and 10 pips on the other half. So that's like an average of 16 pips for the whole trade.
I checked Hector's blog today, and he did the same trade but somehow got 32 pips out of it. He didn't split the trade in half I guess. Also, his charting service is like at least 30 pips off of Oanda's prices. It's weird to have different prices for every different broker/charting service out there...
Anyway, tonight I have found no short-term trade setups, and am just watching two on the intermediate (3-hour) charts; Long gold and short USD/CHF. Not sure if they'll trigger tonight.
Out for a while... back around the London open!
Welcome edgardo310!
For interest rates, you can go to this page on FxStreet.com:
http://www.fxstreet.com/fundamental/interest-rates-table/
It's updated anytime there's a change in rates.
Well since this trade is in locked-in profit, I'm heading for a nap! zzzzzzzzzzz.....
Later!