Try this; Pull up a 30min chart and focus on the previous day's price action. If the previous day's high occured after the previous day's low the best way to trade would be up and vice versa. Another tip would be to see how close to the high's or ...

How to determed the trend for the day

What the?!! The FOMC, ISM, GDP, NFP all in the space of three days and the market has hardly budged - a 100 pip range throughout. The volumes in the past few days have been huge according to numbers from the CME and IFR. Wonder what the hell is ...

NFP Feb 2

Oanda crashed with me too, but once I closed the news plug-in it reconnected fine. Must have been a huge overload on their servers. I was positioned prior to the report so no big deal.

Oanda down again?

This may sound like a infomercial but my aha moment came a few years ago when I read "Bird watching in lion country". I gained a new perspective on trading and everything just seemed to make sense. Funny 'cos I don't use anything close to the method ...

What Was Your "Ahaa!" Moment

How about an option to vote neither?

Fundamental orTechnical

I wonder if the market is waiting for Trichet to open his mouth or is everybody waiting for NFP?

US ISM report Feb 1

The market actually moved more off the GDP release than the FOMC, go figure. Anyway, I think 3050 will be pretty important but I think the dollar is in for a big spanking over the next few sessions. Watchout NFP, the dollar is going to get ...

FOMC Jan 31

Whooo hooo! It FOMC day! Looking around at most of the reports and opinions it seems people are expecting hawkish retoric from the Fed. It seems to me the risk is on the dovish side. And looking at the aud/usd price action especially, the market is ...

FOMC Jan 31

Went short at 85 and got out at 75 for 10 measly pips. I'm going to bed.

NZD Trade Balance

Hmmm... seems like there is a general bullish sentiment. Maybe another good reason to short.

NZD Trade Balance

The nzd weakness we saw today was definetly not due to any dollar strength. Before any report comes in you have to remember that there are big market players (who are well informed) positioning themselves ahead of the release. In this case the major ...

NZD Trade Balance

I like the indicator where you buy gbp/jpy everytime it has a dip. :

What indicator you think suit GBP/JPY the best ?

It's just my opinion but how can anybody take this Felix guy seriously; sounds like any other scam-artist, nevermind his friend rob who makes money everyday. Give me a break. This orderflow stuff is pretty interesting. The guys who does the daily ...

Price movement as a function of Supply and Demand

If I understand right Darkstar is saying that if there isn't a single buyer for your asset it is worthless. But can a company create value though the course of business? It's not up to the market paritcipant to create an illusion of increasing value ...

Forex: A Zero Sum Game?

Just a couple of ideas here (don't take them too seriously) but I guess the US economy is going so well that the people who used to live in trailers can now afford homes. That also goes for all the people living in government housing, and people who ...

Who buys these New Homes?

Thanks for the help guys.

Importing stock prices data to Metatrader

I's say the only options worth trading are the ones which you can sell short as well as buy. Brokers will be quick to sell you their inhouse options but if they're not willing to buy them back - know the odds are against you. The only options I'd ...

New to Forex Options

Agreed, today's session will be super important as far as positioning before, and very volatile after, the release. I'm inclined to think any dollar firming before the release could leave it somewhat vunerable. Just looking around, current opinion ...

$ For the Week of 11/13-With Trade Ideas

The hawkish minutes that were just released were fully priced in after today's earlier rally. Sell the news and say goodbye to the dollar for now.

$ For the Week of 11/13-With Trade Ideas