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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

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  #41 (permalink)  
Old 06-29-2009, 10:05 AM
Newbie
 

Join Date: Aug 2007
Location: Wellington NZ
Posts: 18
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Hi Guys. Good to hear from you all. Sorry - been distracted by clutter lately. It's the hardest/funnest game I've ever played. I live in Lower Hutt (Wellington ish). Wd be gd 2 connect up with anyone there occasionally. Sorry- been too absorbed in taking my trading to the next level. Am using a simple 3 part system.
1/-21EMA as bull/bear line.
2/-10EMA as momentum indicator.
Boll bands at 20-2
Risk 1% of capital per trade, max 2% for day.
No countertrend trades.
Enter at 21, take profit at BB.
Repeat.

Regards. Craigus
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  #42 (permalink)  
Old 06-29-2009, 04:48 PM
egg egg is offline
 

Join Date: Jun 2009
Posts: 3
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Morning guys... im a fellow kiwi too... cold today eh...brrr brrrr
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  #43 (permalink)  
Old 07-01-2009, 10:59 PM
kyuzo's Avatar  

Join Date: Nov 2008
Location: akl nzl
Posts: 5
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any kiwi here hangin' out at the chatroom tonight for NFP?
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  #44 (permalink)  
Old 07-02-2009, 07:18 AM
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Join Date: Jul 2008
Posts: 22
Default Trading Ideas

To any fellow kiwi traders I am currently looking at trading pure Price Action from Support and Resistence zones.

A lot of it has been gleaned from Tess and Jocelyn's thread and the rest from Niall Fuller's course which I am an absolute convert of and big supporter of.

If there are any fellow traders around in my timezone who also like trading this way I would love to hear from you and we could possibly swap ideas and thoughts (and also alerts when we see potential set-ups) from our little back garden at the bottom of the world.

Bryce.
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  #45 (permalink)  
Old 07-04-2009, 07:11 PM
 

Join Date: Aug 2007
Location: Auckland
Posts: 2
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Quote:
Originally Posted by LyallNZ View Post
I use a NewZealand broker LatitudeFX and think they are great.
It's great that the balances are in New Zealand dollars. It's great to be able to deposit and withdraw real easy. It's great to be able to phone them and they even invite you to visit if ever in Auckland. Their spreads are reasonable. Their platform is as good as any other ( I use MT4). They don't use a dealing desk so any movements in the graphs are the real thing.
Saying all that I just discovered a great little site called Plus500. They give you $30 balance to start with. Real easy to learn platform with come great features.
Hi all, another Kiwi here

LyallNZ - did you have any luck with Plus500? When I try to open an account I get "We're sorry but we currently cannot accept traders from your country."

LatitudeFX looks promising, but unfortunately their minimum deposit is beyond my budget at the moment

Regards
Greg
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  #46 (permalink)  
Old 07-05-2009, 06:44 PM
 

Join Date: Jun 2009
Location: New Zealand
Posts: 7
Default NZ Timezone

Hi guys,
I trade down here in NZ, most days. I find that the Asian trading often consists of slow creep, unless there is some very relevant data out - (NZ or OZ GDP for example) - Therefore, like others I try to focus on trading the European open. More often than not - seems the first move in Europe is the squeeze of Asian positions, and then the real move sets in. Agreed?
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  #47 (permalink)  
Old 07-05-2009, 06:50 PM
 

Join Date: Jun 2009
Location: New Zealand
Posts: 7
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Quote:
Originally Posted by fxgreg View Post
Hi all, another Kiwi here

LyallNZ - did you have any luck with Plus500? When I try to open an account I get "We're sorry but we currently cannot accept traders from your country."

LatitudeFX looks promising, but unfortunately their minimum deposit is beyond my budget at the moment

Regards
Greg
Master Koala - I guess, I use the LFX platform, find it good. Will check out the Plus500 gig though - thanks for that...
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  #48 (permalink)  
Old 07-05-2009, 10:50 PM
 

Join Date: Aug 2007
Location: Auckland
Posts: 2
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Quote:
Originally Posted by fxgreg View Post
Hi all, another Kiwi here

LyallNZ - did you have any luck with Plus500? When I try to open an account I get "We're sorry but we currently cannot accept traders from your country."

LatitudeFX looks promising, but unfortunately their minimum deposit is beyond my budget at the moment

Regards
Greg
The official answer from Plus500:

Q:
I follow the instructions on your website to register an account but
when I
click submit I get the above statement saying you cannot accept traders
from
my country. My country is New Zealand. The bonus offer on your website
says I get NZ$30.00 free bonus, so... Just wondering why you offer a
bonus
in New Zealand dollars when you don't accept clients from New Zealand?

A:
Hello,
Thank you for contacting us.
I'm sorry but we currently do not support your country. The bonus exists
in NZ$ because we intended to allow trade for New Zealand, but it's not
possible due to regulations of the country's government about CFD trade.
It will be removed shortly.
Sincerely,
xxxx
Customer Support Representative
Plus500.com


Good to know there are real people behind the website though!
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  #49 (permalink)  
Old 07-06-2009, 04:09 PM
egg egg is offline
 

Join Date: Jun 2009
Posts: 3
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Cool...hi all..... ill visit this thread daily as i start trading 7pm most mornings.
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  #50 (permalink)  
Old 07-07-2009, 06:22 AM
 

Join Date: Jul 2009
Location: Wellington
Posts: 1
Talking hey!

hello fellow NZders would be interested to hear form anyone who is trading or interested in trading.

Get in touch, keep warm

David.
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