How do we make FOREX sexy again? I don't know. We use to stare at each other for hours lost in the waves. Oh sure, we've been with others; crypto, indices, gold. But you were my first time getting REKT. You punished me. You told me you liked when I checked in with you all the time, and I did, and REKT. But can't say I didn't try and I can't say I didn't like it. So I'm back for more. One more run to wrap our arms around the whole wide world of FOREX.
If you have ever traded the forex or legacy markets, I want to hear more from you. If you are who you say you are bring it and let's celebrate sweet ballin beautiful you. Currently I'm only Paper Trading on NADEX. But eventually that and OANDA will go live again. At which point we get closer to a TastyWorks account. That's just the legacy financials. You'll have to follow #HODL Charts for more. Where do you do your forex trading?
Last Week we did better with $99 at risk over 11 orders we ended up $141. The strategy is to position entry after a pullback at an entry price around $10.
February 25 : total : $10,891
March 2nd : total : $11,023
P/L = $141
This week I have $137 at risk over 13 plays. I took a similar strategy as last week. I risk no more than $10 or less on a trade, even if the price has already moved away from me. I set my price and if it fills or not, I stick to the plan. I only doubled up on AUSUSD, EURUSD, GBPUSD, and USDCAD. I would prefer not to double up, but this is an experiment so I'm curious to see what happens. Otherwise I put a play on every FOREX pair available on NADEX.
AUDJPY > 83.25 @ 81.782 . $10
AUDUSD < .7675 @ .77529 . $10
AUDSUD > .7675 @ .77529 . $10
EURJPY > 127.25 @ 130.06 . $10
EURUSD > 1.2075 @ 1.2394 . $8
EURUSD > 1.2125 @ 1.2394 . $10
GBPJPY > 142.75 @ 145.523 . $8
GBPUSD > 1.3525 @ 1.37953 . $10
USDCAD > 1.3575 @ 1.28884 . $8
USDCAD > 1.2575 @ 1.28884 . $10
USDCHF > .9475 @ .93623 . $10
USDJPY > 106.75 @ 105.487 . $10
That should come out to $124. Account shows I have $137 in reserve. So I don't know. Either way, under $200 risk for a total and unlikely but possible profit of over $1200. Wouldn't that be hilarious. I'm not expecting these orders to even be filled, will see. #NotFinancialAdvice but good luck out there.
Week 4
https://steemit.com/forex/@jacobts/forex-weekly-drive-nadex-highway-week-4
Week 3
https://steemit.com/money/@jacobts/forex-weekly-drive-3
Week 2
https://steemit.com/money/@jacobts/zappl-forex-weekly-nadex-signals-week-2
Week 1
https://steemit.com/forex/@jacobts/paper-trading-report-nadex-and-tradingview-1517810436
Follow @stepanh for more FOREX Charts.
What pairs are you trading this week?
OL:jacobts2 | ETH:0xEc4D27DB9aDBD0b355AdE77892E4b6b25E208bA0
SteemAuto | @SteemExperience | @TheAlliance | @MinnowSupport
@Adsactly | @inertia | @virtualgrowth | @the-bitcoin-dood | @improv
Wow Great Keep it up..👌👏
Thankyou!
Great post! I'm trying to learn all I can about FOREX. I just started online trading stocks. Once I get a nice portfolio built I want to take some money and play around with FOREX. Looking forward to learning more.
Thanks Dood! Just trying to balance my #HODL with a little #FOREX before someday some #TastyTrades. I learn a lot from your posts.
I would suggest people start with Forex because on stock market it can be harder for you and your assets. I mean it is just my opinion maybe for someone stock market is easier. Wish all the best in both :)
This post has received a 0.31 % upvote from @drotto thanks to: @banjo.
UPDATE
Added to Working Orders for USDJPY .
USDJPY > 107.25 @ 106.171 for $10
USDJPY > 107.75 @ 106.171 for $5
and adjusted two other orders
EURUSD < 1.2075 @ 1.23345 for $8.75
GBPUSD < 1.3525 @ 1.38439 for $9.75
9 total Open Positions.
Disclaimer: I am just a bot trying to be helpful.