Any forex bros in here? Hoping to have a productive conversation about some pairs
Currency pairs discussion (Forex)
>productive conversation
>on Jow Forums
Is OP, dare I say, a faggot?
how many pips today brah?
-10 pips, went in on a buy at 148.380 on GBPJPY but got stopped out then price has popped up hard due to news I think. Don’t know what to make of the move tho it looks suspicious
OP confirmed optimistic faggot
4x is boring as fuck.
Change my mind
Currently buying usd/jpy but it isn't going anywhere at thr moment, made 50 pips buying wti crude today though
Woops wrong poster
What’s the difference between FairX and Forex? Thought they were the same.
If you want predictable movements, then go standard pairs like EURUSD, USDCHF, USDCAD. If you want volatility like crypto then go USDTRY,USDZAR, USDMXN. Also movement can be very boring in standard pairs so at least leverage by 5-10x depending on your risk aversion and testing style
If you want volatility and large movements then go with those exotic pairs I mentioned and never leverage more than 5x or you'll get burned. As for trading strategies, it's really up to you
Nice one dude, USDJPY moves so fuckin slow but when it goes it’s good. You got any analysis on any GBP pairs?
My spreads on any exotics are untradable, atleast for my risk management. So tend to stick to GBP pairs and USD. What u trade?
Might be looking to sell gbp/usd tomorrow if it breaks past 1.3000
Breaks below*
Yeah same, The weekly is screaming it’s going to tank but the daily has just consolidated all day and rejected 1.3000 if it closes like this on the daily. Might spend the week out of GBP pairs, can just see brexit news eating up SL’s and trapping people then making the move next week
I trade EURUSD for standard then EURNZD, GBPNZD and USDTRY for exotics. I teaded USDCHF and AUDUSD a month ago but lost on those so haven't touched them since. Might revisit USDCHF and NZDUSD soon. Also eyeing USDMXN for some profit.
I’m waiting on sell confirmation on USDCHF. Monthly EURNZD is looking interesting, not that I’d swing trade for that fuckin long
What's your long term CAD outlook? NAFTA seems to have boosted it, and rate hikes/oil hikes are coming, but will it be enough?
me made 30 pips today longing CAD!
what fudging me right now am NZD
why the heckies NZD having such hard time climbing out
Why would you trade an unmanipulated market with so many participants? There is no edge.
muh TA... Muh TA... Muh TA...
I think it's just like gambling.