Page 1 of 39 1 2 3 Next » Please log in to reply 955 replies to this topic

[Paulo1]

I am presently living in Nong Khai and would like to meet or have dicussions on Trading Financial Markets. I have been trading for 15 years and am willing to give advice on different trading opportunities, systems development etc. Also, i would like learn from what others have to say.

You can reply here or send me a personal message.

[soundman]

Moved to business/banking forum.

[lannarebirth]

Free Libray for trading of markets:

http://www.247free.o...ooks/books.html

[billaaa777]

With one post here you are all ready SPAMING! Takes a lot of nerve! Since you are going to give advice how much is this going to cost? And since you are so good at investing why are you trying to make money giving advice?

[PCA]

billaaa777, on 2008-11-17 08:07:18, said:

With one post here you are all ready SPAMING! Takes a lot of nerve! Since you are going to give advice how much is this going to cost? And since you are so good at investing why are you trying to make money giving advice?

he said one can reply here or via PM. Lets see maybe it is interesting and a stimulation in case for some of you. Sure if he wants to charge you can bet that he is a spammer but before that he is just Paulo and welcome to TV sir.

Paulo start a thread and I am sure some will jump in.

PCA

[Paulo1]

billaaa777, on 2008-11-17 08:07:18, said:

With one post here you are all ready SPAMING! Takes a lot of nerve! Since you are going to give advice how much is this going to cost? And since you are so good at investing why are you trying to make money giving advice?

Billaaa777,

You can imply and believe what you want.

My soul intension was to start a thread some people could contribute to in a possitive fashion.

I do not want any of your hard earned dollars.

My history in Trading and Investing is none of your business, since I am not selling anything, yet you tend to put a negative spin before anyone or myself had a opportunity to share our knowledge. My system gives me signals that most only dream about, and I must reiterate these signal are not for sale. They are free. However, one needs to learn how to trade, build a trading plan, what is a set-up, what is a trgger, entry, exit, position, timing, and a mental attitude that is calm in the trade.

At the end of the day I don't care what you think. So if anyone would like a friendly chat on trading, that is all I offer.

Heres a buy signal i got on the 3/11/08 entry was on the 5th @ 1.1593  and the stop was placed at 1.1500. last daily close @ 1.2246 and stop moved to 1.2150, working on the close only thats 653 pips * 10usd = $6530 per contract. Contract 1*100 leverage, cost to enter trade $1000 + margin which i this cas was not an issue. This is called a SWING/POSITION TRADE.
Hope you have a great weekend.

Attached Files

•  usdchf.JPG   55.03K   42 downloads
•  usdchf.JPG   55.03K   29 downloads

Edited by Paulo1, 2008-11-21 17:24:13.

[thailandjunkie]

Hi Paulo1

I have started a daily blog on the Thai market and politics....might be of interest to you if you look at the SET.

And no, i am not selling anything either!

www.thailandjunkie.blogspot.com

[Paulo1]

EUD/USD    I wrote this into my trading diary on the 15/11/2008

On the weekly back to may 2006 it is supported @ 1.24 , serious set of bullish engulfing patterns are forming stalling at about 1.32, which was the former resistance so a break and close above 1.34 will confirm a great double bottom and a significant reversal.

I can see a great swing/position trade forming here. If this turns out to be correct i will be taking a serious position.

Its very possible it will go down again or go sideways, but certainly worth close attention.

22/11/08

Update:  As i thought it has continued sideways and retraced to a low 1.2425, but still having problems breaking support @1.2400 level and resistance now around the 1.2800 level. If you look at the EuroFX 2008-12 currency futures Index you can see the same pattern, however the numbers are different. The U.S Dollar Index 2008-12 contract is still strong. These can give you more of a insight into the strength and timing when to enter.

Conclusion: USD still getting stronger, EUD consolidating. Desending triangle forming. If downtrend is going to continue, will need to watch for a 2 period close below the horizontal support line and use a stop on the resistance line slopping down,and vice versa. Profit potential is calculated by measuring the greatest distance from the begining point of the destending trend line to the bottom of the support line. If break out occurs either way profit around 500 pips. Solid bass forming 2400 level. Will keep a close eye on it. Patience needed.

If it has a strong break to the downside you could see it hit 1.800 level, very unlikely though, however you never know how far a move will be.

Attached Files

•  EUUS083.JPG   141.38K   16 downloads
•  EUUS3.JPG   145.67K   12 downloads

[hyperdimension]

Hi Paulo1, I'm interested in what you have to say.

Can you outline your trading strategy... what markets do you trade, on what time frames and what are your entry and exit criteria and stop exit criteria?

What programs do you use for your trading?


I did quite well trading U.S. stocks based on fundamentals in 2007, but stopped when things started getting bearish. I've held onto my gains, unlike the rest of the market and most managed funds which are currently in significant drawdowns.

Lately I've been taking advantage of downwards momentum by short selling ETFs and have done well over the past month.

[torrenova]

For some of the newcomers out there try this:

Run SD1 and SD2 FTSE v GDAX and you might be surprised by what you see.

[Paulo1]

Paulo1, on 2008-11-22 11:18:10, said:

EUD/USD I wrote this into my trading diary on the 15/11/2008

On the weekly back to may 2006 it is supported @ 1.24 , serious set of bullish engulfing patterns are forming stalling at about 1.32, which was the former resistance so a break and close above 1.34 will confirm a great double bottom and a significant reversal.

I can see a great swing/position trade forming here. If this turns out to be correct i will be taking a serious position.

Its very possible it will go down again or go sideways, but certainly worth close attention.

22/11/08

Update: As i thought it has continued sideways and retraced to a low 1.2425, but still having problems breaking support @1.2400 level and resistance now around the 1.2800 level. If you look at the EuroFX 2008-12 currency futures Index you can see the same pattern, however the numbers are different. The U.S Dollar Index 2008-12 contract is still strong. These can give you more of a insight into the strength and timing when to enter.

Conclusion: USD still getting stronger, EUD consolidating. Desending triangle forming. If downtrend is going to continue, will need to watch for a 2 period close below the horizontal support line and use a stop on the resistance line slopping down,and vice versa. Profit potential is calculated by measuring the greatest distance from the begining point of the destending trend line to the bottom of the support line. If break out occurs either way profit around 500 pips. Solid bass forming 2400 level. Will keep a close eye on it. Patience needed.

If it has a strong break to the downside you could see it hit 1.800 level, very unlikely though, however you never know how far a move will be.

EUD/USD.

Upside breakout confirmed for a day trade.

24/11/2008

Entry 1.2589  stop1 1.2450 stop moved to 1.2701. High of 1.1297.  Support @ pivot 1.2811

When reading this please beware that my stop could have changed, due to the fact of profit taking and changing to a trailing stop.

I realise the size of the stop will proberly scare some of you, but this signal was generated using daily analysis, so in short the longer the time frame the larger the stop. You need to give the currency room to breath in order to catch the big moves. If you apply the correct position size, you should not need to worry.

NEW BUY SIGNAL. GPB/USD (cable)

Entry 1.5170 @ 6am Thai time.  around the open.

Stop  1.4960.  

Could be a day early on this one.

Attached Files

•  EUDUSD241108.JPG   104.17K   19 downloads

[Paulo1]

hyperdimension, on 2008-11-22 13:42:52, said:

Hi Paulo1, I'm interested in what you have to say.

Can you outline your trading strategy... what markets do you trade, on what time frames and what are your entry and exit criteria and stop exit criteria? I trade all timeframes. Tick to daily, sometimes I enter many trades on a single bar 1minute. Markets I trade are ASX, Euro, USA. pretty much all instruments, but have been focused on FX , e-mini russel, dow etc.

My entry criteria is based on price,support, resistance, pivot, Divergence. I have developed some excellent indicators. They are presently returning about 83% correct. I don't want to give to much away at present. Only use a couple of indicaters. A good one is to turn your piviot into a mov av  period 3 & 5 . Watch the angle of it.

hyperdimension, on 2008-11-22 13:42:52, said:

What programs do you use for your trading? My own, data from reuters. I have looked at so many programs over the years and really don't like to many. Most of the FX ones are a hoax and only work for a very short period. My analyst of the EUD/$ was purly support/resistance, patterns and candles. Pretty basic stuff, but nailed it.

I did quite well trading U.S. stocks based on fundamentals in 2007, but stopped when things started getting bearish. I've held onto my gains, unlike the rest of the market and most managed funds which are currently in significant drawdowns. I think everyone did well over that period.

Lately I've been taking advantage of downwards momentum by short selling ETFs and have done well over the past month.

Sorry if explanations are a bit vague, when time permits will be more concise.

[BlackJack]

hello
care to run some numbers on the AU and the US$

even the RBA says AU will retreat to 45 cents next year

theres quiet a few punters on the forum that would like to get some gains on their OZ dollars as resources are taking all gains away

[Super Hans]

What is everyone talking about?

[Paulo1]

EUD/AUD @ 1.9650   Stop now 1.9691   end of week close 1.9394


EUD/AUD  Short @ 1.9394  stop 1.9700, will  re-enter on Monday, pending other indicators confirmations. Looks good  though.

Still Long the GPB/USD from 24/11/08 @ 1.5170  Stop now 1.5340   , closed for the 1.5377, needs to break 1.5500

AUD/CAD looks promising  but would like to see a break of 8200. presently at first level resistance  .8135.

AUD is looking stronger. Will need to see the first break of .6600 then .7000. Once that happened we should see some consolidation to the upside. However a break below support @ 6000 could be bad news. I do not believe this will happen, more like a buying opportunity. Last time it hit this level was 27/10/2008.

USD will continue to get stronger till the end of the year. Alot of balls in the air at present. Dollar Index supported @ 85.000, if breaks that you will see a 84.000 retracting to  82.000.  This come from US Dollar Index (DX) futures.

Been trading all week.  Try not to look at the screens much over the weekend, except for Monday preparation .

Will do more analysis later.

Edited by Paulo1, 2008-11-29 10:35:28.

[VegasVic]

Paulo1, on 2008-11-29 11:24:12, said:

EUD/AUD @ 1.9650   Stop now 1.9691   end of week close 1.9394


EUD/AUD  Short @ 1.9394  stop 1.9700, will  re-enter on Monday, pending other indicators confirmations. Looks good  though.

Still Long the GPB/USD from 24/11/08 @ 1.5170  Stop now 1.5340   , closed for the 1.5377, needs to break 1.5500

AUD/CAD looks promising  but would like to see a break of 8200. presently at first level resistance  .8135.

AUD is looking stronger. Will need to see the first break of .6600 then .7000. Once that happened we should see some consolidation to the upside. However a break below support @ 6000 could be bad news. I do not believe this will happen, more like a buying opportunity. Last time it hit this level was 27/10/2008.

USD will continue to get stronger till the end of the year. Alot of balls in the air at present. Dollar Index supported @ 85.000, if breaks that you will see a 84.000 retracting to  82.000.  This come from US Dollar Index (DX) futures.

Been trading all week.  Try not to look at the screens much over the weekend, except for Monday preparation .

Will do more analysis later.

The U.S. Dollar will not only continue to strengthen till the end of this year, it will continue to strenghten into the early part of 2009, due to continued deleveraging and the multiple interest rate cuts yet to come from the EU and BOE  

[VegasVic]

BlackJack, on 2008-11-28 18:26:37, said:

hello
care to run some numbers on the AU and the US$

even the RBA says AU will retreat to 45 cents next year

theres quiet a few punters on the forum that would like to get some gains on their OZ dollars as resources are taking all gains away

The 45-50 area seems to be the general consensus of the traders that I have talked to, but these levels will not be seen until Febuary, March or even later in the spring. The Aussie central bank like the EU and BOE have multiple interest rate cuts yet to come, and commodities will continue their bear market for at least the 1st half of 2009 and this does not bode well for the Aussie dollar.

[DrGreenthumb]

Does anyone have advice on good stocks that will pick up quickly?

[Paulo1]

DrGreenthumb, on 2008-11-29 11:18:04, said:

Does anyone have advice on good stocks that will pick up quickly?

Buy BHP on weekness,  a week ago I picked some up at $21 p/s and now nearly $30. Safer in this market also, keep away from spec's.

[Paulo1]

Still Long the GPB/USD from 24/11/08 @ 1.5170 Stop now 1.5340 , closed for the 1.5377, needs to break 1.5500

Stop hit this morning

[Paulo1]

AUD/CAD no confirmation. forget it. sideways at present, most likely to break to the downside.

EUD/AUD failed at present. took small profit friday.

EUD/CAD short 2/12/08 @ 1.5729  stop  1.5835.

EUDJPY short no entry yet.

EUD/CHF Short 1/12/08 @ 1.5462  stop  now moved to 1.5368

HotTip. Nasdaq and the EUD/CHF have very similar trading patterns and the Eud/Chf follows it closely.

Anyone trading this week be careful, due to some big news events.

[thailandjunkie]

Useful information Paulo1. I am not an active player in the FX market...too much of my assets stuck in this wonderful messed up place. Good contribution to the "collective" though.

www.thailandjunkie.blogspot.com

[hyperdimension]

Paulo1, on 2008-11-29 10:24:12, said:

AUD is looking stronger. Will need to see the first break of .6600 then .7000. Once that happened we should see some consolidation to the upside. However a break below support @ 6000 could be bad news. I do not believe this will happen, more like a buying opportunity. Last time it hit this level was 27/10/2008.

It looked like the AUD/USD resistance at 0.6600 held well, so I short-sold it at 0.6519 yesterday morning a bit after the week's open (05:15 bangkok time = 09:15 Australian time), with a stop initially at 0.6652. It's now at 0.6388, and I've trailed my stop down to 0.6501.

My cash and other assets are in Australian dollars, so this trade is like a hedge to counteract further falls in AUD/THB that I would otherwise suffer since I live in Thailand.

The Reserve Bank of Australia cut another 100 basis points off the interest rate today.

I also did some ETF short-selling last night, it was an easy smooth ride down last night.

[Chewbacka]

Is there any particular forex trading platforms that anyone would reccommend?

Cheers.

[hyperdimension]

I use interactivebrokers.com to do my actual trading, but they have minimum order sizes for currency trading: IB IDEALPRO Forex. They work a bit differently to most other forex brokers, because their platform is more catered for trading other instruments like stocks, options and futures.

Probably the most popular forex broker is OANDA FXTrade. Their small bid vs ask spreads (e.g. 0.9 pips for EUR/USD) are a major attraction, and they are highly capitalized as a company. There is no minimum order size nor minimum deposit. e.g. you can play with just 500 dollars if you want to, and you can make trades worth only a few dollars. So it's good for beginners or for testing trading strategies with real money. I have an account but haven't yet funded it. I don't like the browser-based platform much.

The most popular program for real-time currency data and analysis is Metatrader. There are many forex brokers that support it. I use Metatrader provided by FXDD.com. It's free, and it's fast and easy to keep signing up for the "free trial".

So I think my preferred set up would be using Metatrader for the data and technical analysis whilst using OANDA FXTrade for the actual trading.

Edited by hyperdimension, 2008-12-02 15:40:06.