Day Traders - Forex Market

[Skanky]

wtf happened to the nzd/usd this morning. man loss something like 100pips in 5 mins

NZD employment figures.Always check for news releases that could affect the pair you intend to trade before you get in.

[MG Man]

correct: ALWAYS mointor fundamental announcements
and today is nonfarm payroll in the US so I like to stay OUT on 1st Friday in the month

Loco, check out forexfactory and fxstreet for daily fundies

[Conrad]

The MTI seminars, anyone have a link or some sort of reference so I could see about attending the nearest one?

[MG Man]

www.mticaribbean.com
they have a list of all the seminars
they also have this free e-b ook download thing that u can read
it free but u hadda fill out a form, so I guess their sales reps can call u

[Conrad]

Thanks a lot MG.

[MG Man]

anoybody else notice the FOREX peak sessioin shifting again....most of July, the London sesion was where all the movement was...........now it seems things picking up around 6:00pm local time, till about midnight.................sucks cuz I'm in traffic from 6pm >-(

[Team Loco]

right now at 2 pm, things dead. you could be right

[MG Man]

still gettin decent movement in London session
Nice trade on the USD/GBP last nite, and a real nice one on the AUD earlirt this week.............2 trades and I hit my quota for the week

[nismotrinidappa]

likes...!

[Skanky]

still gettin decent movement in London session
Nice trade on the USD/GBP last nite, and a real nice one on the AUD earlirt this week.............2 trades and I hit my quota for the week

Dais a real pair there or a typo?

[MG Man]

lol nah was that self...........by nice ah mean a east 20 pip scalp

On another note, this is why I don't trade Fundamental Announcements
According to forexfactory.com there are FOUR fundies this morning between 9:00am and 10:00am, all flagged as significant:



Now looking at the US/CAD 10 min chart, I would have been looking for it to rally and score a point at the prefious high (circle on extreme left) before pulling back, because on the daily, it hitting a strong point of interest.....
But I stayed out, and look what happened; Fundamental Announcements were released, and damn thing fall like a stone.........

[Apollo Trinidad]

B u M p !! for the info =) !!

[MG Man]

lol
what u lookin for?

[Apollo Trinidad]

bump anyone everyone bring your info and drop it here!!

[Apollo Trinidad]

info about this, interested!

[MG Man]

anybody else trade the pound and euro yesterday?
OMG 300 pips on two currencies!!!!!!!

[TriniVdub]

OMG MG i want u to be meh broker, yuh gettin 4% commission talk fass fass

[MG Man]

GBP take off like a rocket yesterday, and then again today
smaller movement today tho


euro followed GBP yesterday..............thing gave us a 2-4-1 special!
euro continuing to give some nice scalping opportunities

[MG Man]

OMG MG i want u to be meh broker, yuh gettin 4% commission talk fass fass

rofl
4%
dude some months I see 50% ROI

[TriniVdub]

arigh aright i'll up d anty....d tuner special 8% final offer

[MG Man]

and the keys to the car?

[MG Man]

OMG noooooooooooooooooo

[TriniVdub]

dam soundwave figured out my master plan

[MG Man]

Vdub, while you were thinking about my aunty,
the GBP moved 80 pips from 3:00am to about 5:00am this morning and the EURO moved 65 pips from 7:00am to about 9:00am

and I made an easy 20 pips buying both about 20 minutes ago................US$200 in 10 minutes eh

GBP /USD at 3:00am


EURO / USD at 7:20am

[Skanky]

Vdub, while you were thinking about my aunty,
the GBP moved 80 pips from 3:00am to about 5:00am this morning and the EURO moved 65 pips from 7:00am to about 9:00am

and I made an easy 20 pips buying both about 20 minutes ago................US$200 in 10 minutes eh

GBP /USD at 3:00am


EURO / USD at 7:20am

Good scalping dey mg.Hopefully we could establish some kind of solid long/medium term trend for swing traders.

[MG Man]

yup
keep in mind, there are movements like this almost every morning

[MG Man]

right now I shorting the EURO
currently up 15 pips

[MG Man]

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