This has been a good week. Account: image image Transactions: image image

From 10k to 1 million...

The way I understand it that this speculative prop trading is only 1% of the overall volume. Maybe I can get more information about that...

Fundamentals stuff

Yes you're right. I'm now in my 2nd year I guess, after about 5-7 years of "year zero" with negative results.

How to survive in forex? Help please!

Stop immediately! You won't make $25 a day with a $500 account (in the long run). That's a return of 5% per day. I'd say a realistic return in average over the long term is around 5-10% per month -> if you're good. That would lead to a capital of ...

How to survive in forex? Help please!

Just closed all my EUR/USD and AUD/USD longs and entered a EUR/JPY short. I think we'll see 1.42/43 this month followed by a retest of 1.37/38 and 1.50/60 by the end of the year. Had a great month so far with +14%.

EURUSD

No, I don't think so.

AUD/USD

Right, just wanted to post it as well: And then there was this... I see where the Reserve Bank of Australia (RBA) sold A-dollars (A$) in June... Hmmm... I said a few weeks ago that I didn't think the RBA was selling A$'s to keep a lid on the ...

AUD/USD

No, I meant real trading volume, so transactions without any physical stuff behind it - so that what we are doing here.

Fundamentals stuff

Don't know yet, maybe 1.4050. edit: Yes I know that the risk/reward doesn't look sexy, but that's just my way of trading.

EURUSD

Why not? My stop is at 1.4220. I'm still an Euro bull but this upmove was too fast too far...

EURUSD

I tend to agree, went short right now at 1.4116

EURUSD

I start to prepare my summer vacation and have scaled down everything for now. Had a good week so far and there is no need to take additional risks for now... image

From 10k to 1 million...

Yes, I think the same way. Go up Aussie!

AUD/USD

Sounds all reasonable. We're still in this commodities bull cycle even though we had a harsh drop. But in a few months/years those levels will look like real cheap ones.

[MicroPips fund] my next 20-year day-scalping journal :)

Hmm... my close is 3937 (or even 3947 at a different source), but ok, that's only peanuts.

EURUSD

I tried this but lost money year after year. The day I stopped "trading" that intraday noise I became better and better.

USD/JPY Discussion

There are some FxSpyder users over there at the Oanda forums. Maybe they can answer those questions. As far as I know all orders are executed as market orders from the FxSpyder server, so you might have a problem if this server goes down as the ...

Fxspyder and MM

Nonono! Don't believe a single word I'm saying, ever! It even might go down to 1.3750 first. If I look at the last weeks, the Euro always weakened on sunday, monday and rallied on tuesday. Don't know why and I don't know when it stops working. I ...

EURUSD