@Fatbeetrader Hey i am from Portugal can i trade penny stocks of USA?
@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.
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
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.
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
Join now or log in to leave a comment
I do have to admit I am not a big fan of their dynamic spreads though.. But those don't really affect me since I am not a scalper.
hey if it works for you, stick with it :)
Ditto.... we all have to find the thing that works for each of us..... Happy trading and good fortune to you.
Same, couldnt agree more, thank you :)
Join now or log in to leave a comment
[TimChallenge] the problem with $VVUS is the lack of volume
[TimChallenge] $VVUS i will wait to break thar big lot of sellers, willl buy at .83 .84
[TimAlerts] $RAD moving nicely today
[TimAlerts] out of $VVUS lot ofhide sell, hard to go up at mid day
I guess you could with Interactive brokers, I'm not 100% sure
IB is ok If you have more than 25k, so you can open many positions daily (PDT RULE), I'm not sure if you have to be american citizen, I'm using suretrader, i dont need to have 25k, i can do s many trades as I want, and don't need to be american citizen, anyway Id recommend to take the course of penny stocks first so you dont burn your account
Join now or log in to leave a comment