Replies to post #24982 on FOREX TRADERS

[Worn_Buffet]

Indeed...I played the usd/chf a lil while ago....

went short @ .682 & covered @ .646

then went long @ 662 & covered that @ .689.

The channels there seemed like a no brainer & as it turned out, it all matured quite quickly....was able to bail just a few mins b4 the close.

Sometimes u r the windshield ;)~

[daiello]

I agree somewhat with you guys. Depends on the time frame you are looking at though.

I mentioned my strategy here before, I look at the hourly for trends, then I zoom in and enter. Go in small so if it goes against me I can grab some more and actually what I like to see is it approach my trend line again so I can grab even more. Then every 50-100 pip movement I add to my position.

This is from my $50,000 demo account. I will admit though I just sold, rather than based on my trends and if I didn't sell well I'd be up over 2,000 pips in some of my orders and some around 1,700 pips in about 20 days @ 10$ a pip. Here:

October 2 EUR/USD 100,000 @ 1.3813
October 2 EUR/USD 100,000 @ 1.3800
October 3 EUR/USD 100,000 @ 1.3900
October 5 EUR/USD 100,000 @ 1.3700
October 6 CLOSED POSITION 100,000 @ 1.3637 - +$1,749.0435
October 6 CLOSED POSITION 100,000 @ 1.3637 - +$1,624.0414
October 6 CLOSED POSITION 100,000 @ 1.3637 - +$2,624.0587
October 6 CLOSED POSITION 100,000 @ 1.3637 - +$499.0219

I honestly wish I had more time to trade, being in school is tough, which is why I hope after school I can trade for some sort of group/fund.