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This is a discussion on T2W chatroom Forex within the Forex Discussion forums, part of the Forex Markets category; That was a good day Friday - Just to show what happened to my short trade on Friday - Cheers...

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Old Aug 22, 2004, 5:49am   #1
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Cool T2W chatroom Forex
That was a good day Friday - Just to show what happened to my short trade on Friday - Cheers
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Old Aug 22, 2004, 5:35pm   #2
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Re: T2W chatroom Forex
HI Zenda,
Nice One! I have never traded FX myself. I have heard it said that FX is more volatile than stock indices, but it is relatively easy to earn 10pips per day. Is that your experience? By pips i assumed they mean number of points movement starting from the smallest numerical value?
rgds

Gullible
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Old Aug 22, 2004, 6:33pm   #3
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Re: T2W chatroom Forex
if u can make 10 pips a day your rich!!
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Old Aug 23, 2004, 3:04am   #4
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Re: T2W chatroom Forex
thankyou, I thouhgt it was too good to be true. What would be realistic target? I see from your graph you made more than 10pips on Friday. Is that a one off?
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Old Aug 23, 2004, 3:39am   #5
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Wink Reply to Gullable!
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Quote:
Originally Posted by gullible
HI Zenda,
Nice One! I have never traded FX myself. I have heard it said that FX is more volatile than stock indices, but it is relatively easy to earn 10pips per day. Is that your experience? By pips i assumed they mean number of points movement starting from the smallest numerical value?
rgds

Gullible

Yes when its 1.8209 we mean the last digit - the answe below your original post is cynical and wrong - the movement on certain currency pairs is usually well over a 100 pips per day swissy cable and euro are great trades against the dollar,

Go to the Forex chatroom on this site active traders are trading continually 10 pips per day does not come into the equation

Below 30 min charts of major currencies taken 5 mins ago! hope that helps - alswo Differing time frames Cable again 5 mins ago!
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Last edited by Zenda; Aug 23, 2004 at 3:45am. Reason: Adding Cable Chart
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Old Aug 23, 2004, 3:55am   #6
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Not Rich but....
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Originally Posted by henry766
if u can make 10 pips a day your rich!!
If you can't with gearing up to 300 then your broke!
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Old Aug 23, 2004, 6:50am   #7
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Re: T2W chatroom Forex
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Originally Posted by Zenda
If you can't with gearing up to 300 then your broke!
Thankyou Zenda, I shall at some stage contribute as well. Your information is much appreciated.

kind regards

Gullible
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Old Aug 23, 2004, 9:59am   #8
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Re: T2W chatroom Forex
if your the right side of profit /loss ,fast is best , wrong side?does it matter how long it takes , your still bust !!
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