thread: How I Turned 1k To 100k In A Wk!!!

94840Hello People,
welcome back after a nice weekend--here are my takes on majors for the Forthcoming wk based on past wk's COT report--As usual, please use favorable TA Appropriate MM before taking a position--

Cad: volatile w/ bullish bias
Chf: volatile w/ bearish bias

Gbp: volatile w/ bearish bias

Jpy: volatile w/ bearish bias
Eur: volatile w/ Light bullish bias

Nzd: bearish bias
Aud: volatile w/ Light bullish bias



GL/GT



M

94840ok that makes me perplexed....how do you see the AUD bullish and NZD bearish? The NZD report appears similar to the COT report on 18 dec 2007 and then a change was suggested by you with occurred. . .even the price action is similar. . .NZD has diminished and COT open intrest is in the extremes... thanks for any comment...

PS. Do I understand that we must take position compared? Thanks

94840

okay this makes me confused....how do you see the AUD bullish and NZD bearish? The NZD report looks very much like the COT report on 18 dec 2007 and then with happened you suggested a change. . .even the price action is comparable. . .NZD has weakened and COT open intrest is at the extremes... thanks for any remark...

PS. Do I understand that we must take position in contrast to non-commercial? Thanks

I also confuse that component he seem at.
I would appreciate if he can explain clearly.

94840Hi mysticgenie Thank you for starting the thread I've loved and been fascinated reading through.

Only a few things id like to ask, from past weeks COT report (15th Jan) I obtained a different analysis than you have, this is what I have translated it as, can you describe why you have taken you posture:


Gbp: '' I visit a bearish outlook with a few bullish bias as open interest has improved by a small amount. On the non advertising the Long/Short rankings are almost balanced but showing net in rankings. We interpret this as Web brief in the market since web long is shown as USD/GBP?

Jpy: I see this with a bullish out look, the non-commercial places are showing net long with a strong increase in interest. We examine it as it is since it represents USD/JPY. Can you inform me what im visiting wrong, What's your position contrary to mine?

Eur: '' I visit a bearish outlook since the non-com rankings are web long with a moderate open interest. We reverse this therefore we receive a bearish outlook. In the opening of these markets this morning that the dollar has strengthened against the Euro. As we get close the end of the week I feel that the Euro will strengthen. Im wondering why you have taken an opinion that is apposite to me. Can you describe what im translating incorrect.

Thanks for all your campaign.

Zee

94840Take check out this.
It is free for your charts and the same reports in the gov. The information and charts make it easy to see.
Commntoftraders scatter com/charts.htm
Use a ms windows browser doesn't seem great on firefox.



Additionally more cot eduion here.
Investopedia scatter com/articles/forex/05/COTreport. asp

94840

Take a look at this.
It's free to receive the charts and the very same reports from the gov. The data and charts make it easy to see.
Commntoftraders scatter com/charts.htm
Utilize a ms windows browser doesn't look great on firefox.
Additionally more cot eduion here.
Investopedia scatter com/articles/forex/05/COTreport. Asp

Thank you a lot!!

94840I don't know much about the cot report, kinda new to me. Do the amounts also relate to currency pairs such as gbp/jpy, eur/chf, etc.. Thanks in advance.

94840

Hi Folks,
It may sound impossible, but I turned 1k usd to more than 100k usd (126k to be precise) at a wk--I am attaching the announcement out of my actual account (after removing the account no. Et al.)--Caution to newbies, please do not trade this manner --I call my account'wild thing' which fosters my overall return--I trade another account conservatively according to proper MM--Btw, I did the nearly the exact same thing last mth as well turning 400 usd to 60k within two wks--having some experience in Foreign Exchange trading a nice trading platform, I believe, this accomplishment achievable atleast few moment a yr--afterall, I am only risking 1k of my funds (remainder is house money).
Next time, I will discuss how I manage this kind of trading, Even Though the announcement is pretty much self explanatory--
GL/GT

It's possible, I created 200k out of 15k....So it may be achieved, but you Want to know what your do

94840

It is possible, I created 200k out of 15k....So it may be achieved, but you need to understand what your do

Congratulations

Just how long can it take you to receive from 15k to 200k?

94840How you're saying that this looks so simple but how did you get it done?
Or did you've had some luck?
Annyway it's a really wonderful profit!