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FX Friday - Trading Room
4 potential trades for tonight: EURUSD No Touch Below @ 13710 13% GBPUSD No Touch
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FX Friday - Trading Room 03-04-2011 07:20 PM #201
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4 potential trades for tonight:
EURUSD No Touch Below @ 13710 13%
GBPUSD No Touch Below @ 16071 42%
NZDUSD No Touch Above @ 7553 1%
USDCAD No Touch Above @ 9788 102%
I took USDCAD with an additional safety margin at 0.9830 for 40% return.
Next week there is BoE meeting, so we shouldn't take the GBPUSD trade, but there has been so long since the last trade that I took it anyway with a reduced stake.
Have a nice weekend!
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FX Friday - Trading Room 03-04-2011 08:01 PM #202
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I took USDCAD No Touch Above 9788 for 87%
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FX Friday - Trading Room 03-11-2011 07:48 PM #203
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It looks like my USDCAD No Touch Above 9788 for 87% was taken out by a short spike today!
No trades showing at all this week.
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FX Friday - Trading Room 03-15-2011 12:36 PM #204
Yep - CAD and GBP lost if you took either - There was room to move CAD out and avoid GBP - We didn't take them, merely observing to see how it's going.
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FX Friday - Trading Room 03-15-2011 01:36 PM #205
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My conservative approach in the USDCAD trade paid off. I escaped the spike, but unfortunately haven't got the same positive result with GBPUSD. It was stopped.
As I split the 5% risk per trade as 3.75% CAD and 1.25% GBP in the end I've got a very small profit. Almost break even.
So far, since I started trading FX Friday in mid-November I'm still in the red (-6.3%). Not keeping my hopes up I'm afraid.Last edited by lowrisktrader; 03-25-2011 at 06:00 PM.
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FX Friday - Trading Room 03-18-2011 05:58 PM #206
We took NZDUSD as we had a spare 5 minutes - very small stakes - just to see !
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FX Friday - Trading Room 03-25-2011 05:42 PM #207
Our NZDUSD trade lost this week - This week - Two trades - No odds - Good weekend all.
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FX Friday - Trading Room 08-08-2011 08:43 PM #208
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Re: FX Friday - Trading Room
I sent my copy back and was refunded, however, before this, I found that you could quite often get (much) better odds by waiting until the bet was on the verge of losing, adding a 20 - 30 pip safety margin and going for a 1 day trade. This seemed to work quite well at times, but needed someone with more time (and experience!) than me to make a success of the strategy.
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