gupo12345

@Fatbeetrader Hey i am from Portugal can i trade penny stocks of USA?

Fatbeetrader
Fatbeetrader May 03, 16 6:07 PM

I guess you could with Interactive brokers, I'm not 100% sure

javitrade
javitrade May 03, 16 7:24 PM

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

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JohnEDoe

@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.

javitrade
javitrade Apr 13, 16 9:17 AM

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

BigK2539
BigK2539 Apr 14, 16 10:40 AM

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.

javitrade
javitrade Apr 14, 16 10:44 AM

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

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JohnEDoe
JohnEDoe Apr 04, 16 11:47 PM

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.

Fatbeetrader
Fatbeetrader Apr 04, 16 11:47 PM

hey if it works for you, stick with it :)

JohnEDoe
JohnEDoe Apr 04, 16 11:48 PM

Ditto.... we all have to find the thing that works for each of us..... Happy trading and good fortune to you.

Fatbeetrader
Fatbeetrader Apr 04, 16 11:52 PM

Same, couldnt agree more, thank you :)

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