Tag Archives: trading friends

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I’m asked from time to time what “Trade Together” means. Well, it's what you make of it. For some people being social is about collaboration, and for others it's about strategy and community. Currensee is a place for many different types of traders. Some members look in their Positions Table to see the trades of their Trading Friends. Others will send emails using Currensee’s email platform. And still others will collaborate, real-time, to help each other figure out whether it’s time to get into a trade or not (think Instant Messenger).

Feeding the little voyeur in me, and sharing with the rest of you, I’ve attached a real chat between two members (it took place inside the platform!) – it's a great example of two members who "Trade Together." The only change I’ve made is to the names … to protect the innocent … or the guilty! Shhhhh, be very quiet, we don’t want to scare them off!

  • Alain: I really want the EUR USD trade
    Ming: Cos the parabolic sar did not change
    Ming: RSI showing uptrend
    Ming: ma moving side ways
    Alain: So when will u enter?
    Alain: EUR/USD
    Ming: Showing uptrend in 1hr chart
    Alain: Yes
    Alain: Are u in?
    Ming: But there might be a retracement cos RSI in 5min showing oversold ... better to wait
    Alain: OK
    Alain: How do know the oversold sign?
    Ming: If u have time u could check out the eur/aud or aud/usd
    Alain: OK
    Alain: aud usd
    Alain: sideways
    Ming: Going to shoot down
    Ming: Just wait till the 5dma cros both 10 n 20dma
    Alain: Going up
    Ming: OK then wait
    Alain: Are u in it?
    Ming: Im in eur/aud

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.