JohnEDoe

@javitrade Don't you think a short would be the better choice for the NZD/USD. I don't understand your logic to go against the short term trend here.... Wait for it to bounce off the trend line if you don't want to go short at the moment.

javitrade
javitrade Apr 13, 16 9:17 AM

because I´m trying a countertrend scalping strategy that its been very profitable :) is very interesting, when is closing the London close all the pairs tends to retrace and that s the cience, you can see it every day at the same hour (11am est), the real deal here is the accurate entry

BigK2539
BigK2539 Apr 14, 16 10:40 AM

NZD/USD is at a yearly resistance level. Depending on the price action on the next few days could determine which direction it will be in for awhile.

javitrade
javitrade Apr 14, 16 10:44 AM

this is a scalping strat, I do watch the 1hr, adr5, and daily pivots are enght to set up this kind of trades, looking for 10-20 pips

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JohnEDoe

@Jules ... I watched your videos and I commend you on your grasp of pure price action trading......You keep that up and you'll be able to trade for a living and drop the day job before you know it..... ;-)

Jules
Jules Apr 04, 16 9:20 PM

I also have scottrade and do use them more than TOS and Etrade. I just upped my collateral and signed up with Speedtrader. IB was the other option but I choose one over the other. Will be using Speedtrader from here on out. Thanks for the support and advise.

JohnEDoe
JohnEDoe Apr 04, 16 9:55 PM

Nice thing about scottrade is the no inactivity fees, that makes it nice to put your longer term investments into like good dividend paying stocks.... Speaking of which you might like to take a look at FGP.. $2.00 per share div annually paid .50 per quarter ... that are also at a pretty good entry price right now. Also they have been paying divs consistently for years.

JohnEDoe
JohnEDoe Apr 04, 16 9:55 PM

And keep up the good work....... ;-)

Jules
Jules Apr 04, 16 11:42 PM

Thanks I ll check it out. And I hope too!

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AirplaneJane

Amazing day on PTLA made $3500 by 955 on my day off from the market. LOL great day off can't complain.

Received 13 Karmas
Sparky23
Sparky23 Mar 30, 16 7:48 PM

Do you text or tweet your trades?

OmArLiVeS
OmArLiVeS Mar 31, 16 2:13 PM

where did u get in and out on this stock? I didnt see it go up by much on the 30th.

JohnEDoe
2
JohnEDoe Mar 31, 16 2:50 PM

She was in on 3/29/16 and closed the position on 3/30/16....... Look at her trade records.

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JohnEDoe

@sandawgboi Hi Mark........ From looking over your trade history 2 things immediately jump out at me..... 1. Your over trading... 2. you are not using good risk management... You might want to take a little break and do some paper trading for a while and get a handle on risk management and position sizing....... Let me know if I can help.

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Model3

@AirplaneJane Your story is inspirational. Congratulations for giving back to the trading community and for your success !!!!

AirplaneJane
AirplaneJane Mar 28, 16 7:54 PM

Thank you Model3 I know what it was like when I began and want to help others. I'm not an expert but consistently a winner. Bigger wins than losses keep the profits growing.

JohnEDoe
JohnEDoe Mar 29, 16 10:59 AM

I Was looking over your trades and I must say I am very impressed. Your losses are small which tells me you have a very good grasp of risk management and position sizing.... Keep up the good work.... ;-)

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