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| Discuss A Quick Cheeky trade in Eur/Usd at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Here is another live quick and cheeky trade in Eur/Usd. The reason I call it ... |
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#1
20th September 2005, 02:46 PM
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A Quick Cheeky trade in Eur/Usd
Here is another live quick and cheeky trade in Eur/Usd. The reason I call it cheeky is because the opportunity is there the r/r is good and the price pattern is conducive.
I have just sold 50000 Eur/Usd at 1.2153 with a stop at 1.2165 - so I am looking for a risk of no mor than 0.0012. My objective as per the previous trade is 1.2060 so am looking for a reward of 0.0093 ie. a r/r ratio of 1:7.75. This is an interesting r/r warrenting a trade. My stop-loss in the market is 1.2165 GTC. I will cover the entire trade (50000) at 1.2060. Regards Nautilus 
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#2
20th September 2005, 03:06 PM
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Re: A Quick Cheeky trade in Eur/Usd
hi,
nice post! I am also interested in fx.But I have no account with anyfx broker. Is it true that refco-sify provides this facility for Indian traders? will you please guide me. do You trade from India? regards, joyverma
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#3
20th September 2005, 05:37 PM
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Re: A Quick Cheeky trade in Eur/Usd
Quote:
I believe Refco-Sify would provide these facilities, it might be worth inquiring. I am not based in India at the moment. Regards Nautilus
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#4
20th September 2005, 05:40 PM
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Re: A Quick Cheeky trade in Eur/Usd
Hi All:
I am back again to let you know that the quick and cheeky trade did not work, and I got stopped out at 1.2265 losing 0.0012 = 50000x.0012 = 60 Euro. I guess nothing lost, and I am still looking for another aggresive entry into the market provided the r/r justifies it. More later. Regards nautilus
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#5
3rd May 2006, 05:52 PM
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Re: A Quick Cheeky trade in Eur/Usd
Quote:
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