Recent content by Pippy5000

  1. Pippy5000

    Did any of you Forex traders start out trading stocks and switched? Why?

    I know this thread is a wee bit old, but I see that your flag is American. You should be very careful trading forex. The US government actively discourages Americans from trading spot forex. You can lose far more than your initial deposit. If you had a $1,000,000 long position on USD/CHF on...
  2. Pippy5000

    Understanding the SNB surrender

    I wasn't directly affected by the crash. In fact, I was horrified of the SNB moving the CHF in the other direction due to an unexpected touch on 1.20 when the EUR tanked. So I tip-toed around CHF pairs. I say that I wasn't directly affected, but in reality I am devastated about the demise of...
  3. Pippy5000

    Forex Day Trader's Thread

    Well, the GJ 500+ pip marubozu candle (almost) leaves little to the imagination. The problem I have is that ninja needs to definitively clear the fib at 112.4. If you look at the history of ninja, each time it encounters this particular fib set, it tanks. I'm also disturbed by recent price...
  4. Pippy5000

    Forex Day Trader's Thread

    Howdy Lightning, good to see that you survived for so long. I guess you're doing well! I've switched over to using the daily charts with 10 - 15 pip stops and I'm only playing exceptionally strong s/r. It's really changed things for me. Each pair I trade rarely gets a trade, but since I'm...
  5. Pippy5000

    Forex Day Trader's Thread

    Howdy after 4 years. I'm still a day trader, but I've stumbled upon a method of trading that outperforms intraday style trading by enormous margins. Rather than trading just a few pairs, I now trade 27, but with tiny stops. My previous goal as a day trader was 5000 pips per year (hence...
  6. Pippy5000

    Forex Day Trader's Thread

    I'm surprised they kept me on the staff.. hmmmm... fine, well, Sharky is a good man, and if Sharky would fire the dead weight with wild ideas on what moderation is I'd be happy to come back, but until then..... Sharky, I can bring the traders to this site in force and you know I can. I just...
  7. Pippy5000

    How many Pips per week on average? seriously now!!

    The 50+ members and 100+ guests per day on my "live" thread must have been hallucinating for the last 14 months.. jealousy is incredibly pathetic.. go stand in a corner and mumble to yourself.
  8. Pippy5000

    Forex Day Trader's Thread

    a breakout based on a politician's comments during a bank holiday on Sunday? Hmmmm...
  9. Pippy5000

    Forex Day Trader's Thread

    eeeek... even on Sundays our wretched politicians do not rest.
  10. Pippy5000

    Forex Day Trader's Thread

    Mask, how's the facebook date coming along?
  11. Pippy5000

    Forex Day Trader's Thread

    1.45 is the resistance with another good one at 1.457 .. beyond that and.... and.... well, I will be unhappy
  12. Pippy5000

    Forex Day Trader's Thread

    with Japan on holiday I wouldn't trust any developments.. I'm sticking with the longer term plan.
  13. Pippy5000

    Forex Day Trader's Thread

    this is good enough .. short EU 1.4476 .. big stop, HUGE t/p
  14. Pippy5000

    Forex Day Trader's Thread

    that looks good DAM.. gold just broke out on the open and Euro bounced near the bottom of the range so we need to check out the top of the range.. I'm shorting at 1.4483 with a big stop
  15. Pippy5000

    Forex Day Trader's Thread

    Put everything you have on ninja on any sort of deep dip.. It doesn't matter if the USD returns to strength or not.. The JPY is about to get hammered over the next few months.
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