I Tweet Most Trades – Are You Following?

I can’t keep posting my yearly gains at the website as I’m pretty sure by this time….it’s getting a little hard to believe.

This tweet from yesterday:

The combined “pips earned” across the board as of this morning (where I booked profits and reloaded 100% the exact same trades immediately) is now encroaching on 750 – 800 pips.

Not a bad day’s work to say the least…but again – after many, many , many hours planning as well placing smaller orders over time. It would be difficult to imagine someone executing a similar trade plan while keeping a fulltime job – away from markets and their trade desk.

The Australian Dollar being responsible for the largest part of it but “coupled” with continued EUR strength.

When you are fortunate enough to choose a given currency pair where movements in “both” currencies contribute to the move (as opposed to just one strength / weakness in one) wow! You can really see some serious action. This takes considerable fundamentals knowledge, not to mention timing, but when you get it right…….you can really “get it right”.

I do my best to Tweet as much of the “larger moves” as I can, but considering the number of trades and the “frequency of trades” when things are moving – it’s near impossible to catch every last wiggle. If you don’t get the tweets then most often conversation picks up IN THE COMMENTS SECTION AT THE BLOG.

I hope some of you have also managed to catch a “pip er two”.

33 Responses

  1. David December 12, 2013 / 10:20 am

    Okay Kong, that call was “too spot on”. I’m starting to think you have a magic crystal Forex ball over there. Great timing!

    • Forex Kong December 12, 2013 / 10:25 am

      A whopper for sure!

      He he…..gees – well as I got my original signals flashing a couple days early ( as usual ) these things “usually” go the way they are supposed to if a trader can still manage to look past alot of the short term volatility.

      The AUD/JPY pair a great example, as with a little patience and of course “conviction” – the trade came together just fine.

      “Sideways” is something I’ve worked very hard to avoid, but at times…..we’ve all got to just tough it out.

      Thanks David – good luck with your trading.

  2. Franky December 12, 2013 / 10:24 am

    Hi Kong, thanks a lot for these trades 🙂 …I closed all of them already yesterday, only now I see it was too early – where was this RBA guy with his announcement when I was underwater with short AUD/JPY? 🙂

    Anyway, still great gains for such a short time, anyone who’s following you will think you have some friends in central banks that you know what’s going to happen just before it happens 🙂

    • Forex Kong December 12, 2013 / 10:34 am

      Thanks Franky -I appreciate that.

      He he he….yes it’s been asked / suggested a couple of times that perhaps I’m in “Central Banking”..funny.

      Nope.

      I am from the future though….so that may give me a slight advantage.

      Keep up the great trades.

      • illutionz December 12, 2013 / 10:50 am

        Be honest… Which Central Bank are you in, Kong? Based on these trades I’d say you’re in BOE and RBA 🙂

        • Forex Kong December 12, 2013 / 10:56 am

          He he he…..I’ll never tell!

          Seriously…..the thing traders can really learn / take away from this litlle “group of trades” is how the moves IN BOTH CURRENCIES contributed to the huge moves. We’d been working under the premise of “continued USD weakness” ( which “usually contributes to EUR strength ) already so……

          I also continued to follow the “bounce” we saw in both AUD and NZD.

          When all came together…..we indeed saw further USD weakness, but the trade took advantage of the “opposing effect on EUR” then picking off the “counter trend pop in AUD”.

          Pow! long EUR/AUD – a great example of using what we know about “both currencies” – in order to take advantage of the largest moves and put together a winning plan.

  3. elena December 12, 2013 / 11:33 am

    Hey Kong,

    each time you tweet I’d love to jump in, but the technicals are usually not showing a setup. This is so ridiculous and irritates me big time. I honestly do not know how to solve this puzzle, I just start to hate technical analysis. But because you are always right, next time will join you blindly. I am your huge fan and huge fans should do so.

    P.S. Seems you missed the visit to dentist last time 🙂

  4. robert December 12, 2013 / 11:38 am

    Has your kongdicator trigger any update on yen pairs?

    • Forex Kong December 12, 2013 / 12:50 pm

      Both AUD and CAD still qualify/flipped last week so……re entry on strength “for another attempt”.

      But hey…….You see how these things are running sideways in like 100 pip ranges so…..Kongdicator flipped sure – and is bang on…but sideways can go on , and on and on….as we’ve already seen.

      No signals on GBP EUR or CHF so……..we still have to respect the incredible pressure keeping the Yen down.

      It’s gonna be the last to go man! As the risk rally continues to “ditribute” and “grind across the top”.

      Yen is the big sticks / fuel on the fire so……they just keep piling it on!

      • Robert December 12, 2013 / 1:24 pm

        man.. usdjpy is such a bitch…

        • Forex Kong December 12, 2013 / 1:32 pm

          Ive mentioned it MANY times…that I don’t look to trade “two safe havens against one another!”. It’s a bunk trade!

          The fundamentals behind the pair moving forward have it that “yes” I want to buy USD/JPY – but more as an investment than anything else.

          Trading it? yuk.

  5. Andre December 12, 2013 / 11:46 am

    A good opportunity to buy AUD and NZD.

    • Forex Kong December 12, 2013 / 12:44 pm

      You’ve really got this flipped upside down Andre.

      It’s an absolutely “horrible” time to be buying either.

      • Andre December 12, 2013 / 12:53 pm

        Could be. Or it could be that I’m a fucking genius. Time will tell.

        • Forex Kong December 12, 2013 / 1:21 pm

          I’ll let this one slide as we don’t “usually talk like that” around here but…..

          A genius for picking / deciding on a given trade of a couple different currencies at a random time of a single day of a single year?

          All power too you Andre – if that qualifies you as a genius.

          (My lord…..what does that makes the rest of then?)

  6. Jerry James December 12, 2013 / 11:54 am

    I am following your tweets. It appears that you are well. I assume you will be taking on subscribers in the future. JJ

    • Forex Kong December 12, 2013 / 12:53 pm

      Yes Jerry the new year will bring along with it a host of paid services here at Forex Kong, including real time trade stuff, The Kongdicator, stock screening / picks – as well a couple of surprises I’ve not yet seen available in the finance space…

      It’s a lot of work , and it’s coming.

      I’m not one to do anything “half ass” so…..we ‘ll continue on here at the blog until I’ve got things ready to go!

      • steve December 12, 2013 / 2:55 pm

        You have paid subscribers?

        • Forex Kong December 12, 2013 / 2:57 pm

          No Steve.

          It would be odd for me to pay a subscriber.

      • steve December 12, 2013 / 3:02 pm

        Clever. Seriously, I know the post refers to future paid services but I am curious if you offer a service currently for your trade setups because you keep mentioning subscribers.

        BTW, I’m not sure why my posts rub you the wrong way but I haven’t posted one sarcastic or disrespectful thing on your blog.

        • Forex Kong December 12, 2013 / 3:30 pm

          Huh….well – you’ll have to dig for a quote as I can’t say that I’ve “ever” mentioned subscribers.

          Am I busy working hard on a paid services area, providing real time trade activity, and a number of other awesome tools for traders and investors? You bet!

          I’ve been involved with technology and the Internet well before the internet “became” the Internet Steve. A personal blog is one thing…but I have much more to offer in a technological sense. We’ve only just gotten started here!

          As far as your posts go……I do what I can these days to “manage this area” the best I can.

          We’ve developed a fantastic community of some very intelligent people here at Forex Kong.People with in depth knowledge of many specific areas of the financial world.

          Anyone in there right mind “just starting out” or even “those with considerable experience” should consider the opportunity to interact / learn / communicate with such individuals as a real opportunity.

          I do.

          This “quality of content” will not be compromised.

          To be honest Steve, as I do appreciate your readership….frankly……

          Your post don’t “rub me the wrong way”……….they don’t rub me at all.

      • steve December 12, 2013 / 3:49 pm

        The point I’m trying to get to is if there is a way to follow all of your trade recommendations and closings in real time so that one can follow your performance now. Much easier to sign on for a paid service in the future after getting a sense of how you perform in real time. Little difficult to take anyone’s stated returns at face value with all the so called experts peddling their newsletters on false claims.

        • Forex Kong December 12, 2013 / 4:01 pm

          Of course….as yes – the Internet is “full” of salesman – peddling their snake oil.

          I could most certainly mention a few ( one in particular ) that I’d like to see “get what they deserve” but…..that wouldn’t be very gentlemanly of me now would it be?

          But as it stands…..sorry Steve.

          You’ll likely need to stick around / follow / learn / practice / contribute and improve on you own the best you can – while I get things finished up.

          Even then! – I doubt I’ll make it “too easy” as……..what fun would that be?

  7. Rolo December 12, 2013 / 12:10 pm

    Yes. Thanks Kong taken the Eur Aud trades still in them with great profits and watching for your further moves !

    • Forex Kong December 12, 2013 / 12:56 pm

      Rolo!

      Right on man!

      I’ve booked profits across the board , as you know I am always very quick to do….and will (as usual) look for re entry.

      Always be careful with those EUR vs Commods pairs….that are very volatile….and can move 100’s of pips overnight – but still keep the trend!

      For many….they are impossible to hold for long as the volatility literally….ages you by the second!

      CAREFUL!

  8. vic December 12, 2013 / 12:19 pm

    Thanks for the great fundamentals. Did you exit your euro and cable longs from earlier in the week on that pop or still holding?

    • Forex Kong December 12, 2013 / 1:00 pm

      Yes I’d already banked on both EuR and GBP vs USD……then re entered long GBP/USD and was holding until “blowing out the lot” here this morning.

      Often what I’ll do if the majority of trades are deep in profit…and perhaps I’ve still got the odd “straggler” – I’ll just blow everything out….look at the nice new addition to the account balance and re focus / start again.

      You can’t hit every trade for a big move….and sometimes the feeling of “cleaning house” ( especially with large profits ) is great.

      Once again I’m confident that this “pop” in USD intraday …will hang around a day er two…and roll back over.

      • Careydina December 13, 2013 / 6:45 am

        Hi Kong,

        I was long gbp/usd too (rem I told u that i am very confident on it. But i sold it since yesterday before it drop).

        Now still holding aud/usa… and still waiting for your email (“,)

  9. The Seeker December 12, 2013 / 6:07 pm

    Hey Kong, Glad to see you are starting to get a better following here. I’m not a forex guy so I don’t have much to offer in this area and so don’t post much. I was trading gold for 12 years and felt like a genius but the last couple years have been humbling and it’s become hard to understand where the forces are going to take this market in the future. The worst thing was to find the Smartmoneytracker. The guy writes a nice report but is rarely correct. It was how I came across your site and so I guess it wasn’t a total bust.. Anyway, I just wanted to say you’re doing good and I’m looking forward to the future additions here.

    • Forex Kong December 12, 2013 / 6:59 pm

      Great having you Seeker.

      In the new year I’ll be expanding into all asset classes so…..you’ll have a place to kick around.

      The move in gold and the precious metals has been tough on everyone so….

      Don’t be afraid to get on in here as 12 years trading gold must have it that you’ve some experience – not to mention some stories!

      Happy holidays!

  10. schmederling December 23, 2013 / 9:26 pm

    Are we back @ it again – gezzzzzzzzzzzzzz – tiring really…… can we get back to something constructive as this is not accomplishing anything in ,my view…. just my 2cents…..

  11. schmederling December 23, 2013 / 9:30 pm

    I have the DXY & PM running squeezes on the daily – have been tracking…… G/S running some 8-days & the DXY just under a month now – that one is ready to BLOW – PM looking like they will continue to build MM into the NY & fire off with the DXY squeeze fire…….. expecting a NEG in the DXY & Pos in the PM’s that should start the next rally…….

    Cheers Schmed,

    • Forex Kong December 23, 2013 / 9:56 pm

      Wow Schmed….thats some serious “industry jargin” you’ve got goin on!

      I’ve got a TQ ( tequilla ) firing on a 5 min, POS on the X MAS lookin for a CV ( cerveza ) to top off the monthly high!

      He he he he……..

      Yes – I’m still on the “USD lower camp”.

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