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Search took 0.01 seconds. Search: Posts Made By: xmsr33
Forum: Newbie Island 03-25-2007, 09:48 PM
Replies: 7
Views: 535
Posted By xmsr33
new trade

AUS/USD short at .80445, Stop loss at .81445,

EUR/GBP could turn upwards tomorrow, fast stoch currently beneath 4.

Good luck to all.
Forum: Newbie Island 03-23-2007, 05:53 PM
Replies: 7
Views: 535
Posted By xmsr33
I apologize for not being more clear, I meant an...

I apologize for not being more clear, I meant an average of 10 net pip profit.

This means that, on average, on every single trade I make 10 pips.

So for example, if I make 5 trades in a week,...
Forum: Newbie Island 03-23-2007, 12:31 PM
Replies: 7
Views: 535
Posted By xmsr33
Potentially good system for laid back trading

Here is a promising system I discovered that allows you to check the markets but once/day and still make $.

Use a 1 day chart, with bollinger bands, and Fast Stochastic.

Whenever a currency is...
Forum: Forextown 03-09-2007, 10:02 AM
Replies: 4
Views: 631
Posted By xmsr33
Advice on leverage amount needed

I have been demo trading with 2:1 leverage but was wondering, assuming one only trades 15 minute charts, and limits all losses to 10 pips, would a higher leverage be appropriate?

Assuming one...
Forum: Free Forex Trading Systems 03-08-2007, 09:50 AM
Replies: 3
Views: 726
Posted By xmsr33
Advice needed on 15 min chart stop losses

I have just tried a tweaked version of a 15 min chart system and in 1 hour made 37 pips on shorting GBP/US and 14 pips shorting US/CAD, and all in an hour's time.

Now I know that the GBP short was...
Forum: Free Forex Trading Systems 03-08-2007, 12:23 AM
Replies: 1,030
Views: 237,856
Posted By xmsr33
Why are the 3 hour charts so different from 15 Min?

As I understand it the Cawabanga system has us use 5 day and 10 day EMA to determine a trend in 4 hour charts,(I use 4 as its the closest Oanda has) and then determine an entry point by finding a...
Forum: Free Forex Trading Systems 03-07-2007, 10:09 PM
Replies: 4
Views: 1,055
Posted By xmsr33
CHF/JPY may be ready for downtrend in 15 Minute

CHF/JPY may be ready for ready for fresh breakdown.

15 minute chart shows signs of being heavily overbought in addition to being at the top of the bollinger bands.

Stock is at 86, RSI at 56,...
Forum: Free Forex Trading Systems 03-07-2007, 08:17 PM
Replies: 4
Views: 1,055
Posted By xmsr33
Bonanza alert!

As of 7:30 PM eastern US/JPY has crossed into negative

As is GBP/US and EUR/USD, and EUR/CHF and CHF/JPY and CAD/JPY and AUS/JPY as well as AUS/US is about to cross under.

Unfortunately all 15...
Forum: Free Forex Trading Systems 03-07-2007, 12:17 PM
Replies: 4
Views: 1,055
Posted By xmsr33
2 Verified Trends!

US/CAD has just crossed into a potential breakout. Current 15 minute chart is also in a break out, so wait until it swing positive before entering.(Or since MCAD is headed higher and RSI, positive...
Forum: Newbie Island 03-07-2007, 10:03 AM
Replies: 7
Views: 471
Posted By xmsr33
Stocks for me

I reccomend most of your portfolio in quality small caps, such as those advocated by the Motely Fool's Hidden Gems newsletter.

History shows that small caps, over the last 60 years averaged 17%...
Forum: Newbie Island 03-07-2007, 09:54 AM
Replies: 7
Views: 956
Posted By xmsr33
Education is free

I am of the opinion that one need not pay for education.

For example, Forex Made Easy,(which I agree pushes Premiertrade to much) I read for free at Borders bookstore. Any Borders or Barnes and...
Forum: Newbie Island 03-07-2007, 08:54 AM
Replies: 7
Views: 956
Posted By xmsr33
Absolutly not!

$2 K is more than enough to get started in Forex useing Oanda.

They allow you to open any size account and trade in $1 increments.

Under no circumstances should you pay $6,000 to anyone for...
Forum: Free Forex Trading Systems 03-07-2007, 07:44 AM
Replies: 4
Views: 1,055
Posted By xmsr33
Cowabanga Watch 3/07/07

First off, I must apologize for 3 things:

1. I misspelled the name of the system. This has been corrected.
2. I was mistaken in the time frames, and am now useing 3 Hr charts,(the closest I can...
Forum: Newbie Island 03-06-2007, 12:58 AM
Replies: 1
Views: 393
Posted By xmsr33
Stop loss setting for daily charts?

I was wondering what everyone thought would make a good stop loss for someone making swing trades useing the Cawabanga system with daily charts.

I know that daily swings can be big. But I have...
Forum: Forextown 03-05-2007, 09:21 PM
Replies: 0
Views: 437
Posted By xmsr33
Kawabanga Watch 3/05/07

I have just read about the Kawabanga system illistrated in lesson 11 and I must say it sounds like the simplest yet possibly most effective system I have yet encountered.

Therefore to help spread...
Forum: Newbie Island 03-05-2007, 01:38 PM
Replies: 3
Views: 470
Posted By xmsr33
But what is your opinion?

Thank you for the kind advice. I have quikcly acclimated myself to the Oanda FXtrade platform and find it to be a marvelous and simple thing. I like how they caculate what pips are worth as you enter...
Forum: Newbie Island 03-04-2007, 11:55 PM
Replies: 3
Views: 470
Posted By xmsr33
Is this a good system?

Hi everyone, I just learned of Forex last Wendsday and am excited to try some demo trading with Oanda. I have read all I can find on this site, others and read the book "Forex Made Easy" and have...
Showing results 1 to 17 of 17

 
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