btw, what the hell good is it that the futures market is regulated when these poor futures traders can not get their money out of refco?? if they never get their money back, regulation is just about worthless. but the story aint over yet.

Spot Market vs Futures

this is by no means an all encompassing list, but here are the differences as i see them (many were already mentioned by narafa)... 1. forex gives you higher leverage you can get about better than 300:1 in forex, where futures max out at about 50:1. ...

Spot Market vs Futures

not anymore!!! now you can trade currency futures (ie EC, JY) on electronic markets that are open 24 hours just like forex. however, the volume outside NYC hours is not what it is in forex. so currency futures are a 24/5 market, but not quite to the ...

Spot Market vs Futures

in this thread i bet that the ecb would raise rates, guess i was a little late on my timeline... "im dollar bullish, have been for a while. but that may change if we get to 1.1400 on the EURUSD. US rates cant go up forever, and i am going to bet ...

Central Banks Watch

it most certainly is a zero sum market. all commodities are zero sum, and currency is a commodity. equities are the only non-zero-sum markets.

The Psychology of Support / Resistance

yup! can you believe i read that beast of a book?

The Psychology of Support / Resistance

btw, i read this years ago, and i remember it took me 5 or 6 times of reading it before i fully understood what murphy is saying. the basic take away is that the more buying and selling that goes on at a certain price, the "stronger" that price ...

The Psychology of Support / Resistance

pg3

The Psychology of Support / Resistance

pg2

The Psychology of Support / Resistance

ok guys, nice frameworks. one thing i see differently is that "bulls" are already long when the price breaks R1. see attached for john murphy's view of support and resistance...i too have adopted this train of thought.... btw, gcl915, not all ...

The Psychology of Support / Resistance

i gotta see this hiyo, do you have a graphics editor? if so, you can post the screenshots of the signals right here in the forum with the "attach files" button. would be good to have the screenshots right here so we can discuss. dont be ...

4,153 Pips In 11 Trades On The GBP This Year

damn i didnt see it until just now either. your right man he's rockin a great thread...

dsvt1 is da bomb!

if there were no commissions or spreads, then you have a 50-50 shot of being profitable. obviously we do have commissions and spreads so this strategy will not work. its proven by math that you can not win a negative expectancy game, now matter HOW ...

Is the "system" part really so easy to come by?

yeah, the easy part.

Is the "system" part really so easy to come by?

my feeling is that we will see 1.2000 again before we see 1.1000. im dollar bullish, have been for a while. but that may change if we get to 1.1400 on the EURUSD. US rates cant go up forever, and i am going to bet that the ECB raises rates early in ...

Euro Free Fall without Parachute to 1.10???

SoyYoConBonete, you are one of the first people ive heard make this point. i agree 10,000%! personally i feel that the "emotion" part of trading is made out to be harder than it is, and the "gaining an edge" part of trading is made out to be ...

Is the "system" part really so easy to come by?

2001? i thought buffet and gates put their positions on in early 2004, when the EURUSD was around 1.3000.

BUFFET loses $900 million on USD

we've discussed volume quite a few times, not sure where the threads are though anyway, there are two ways to get volume in forex. first, you can look at "tick" volume, which is simply a measure of the number of ticks per bar. obviously, this ...

Importance of volume?

the problem with racing is that i dont have the talent. i tried, and hard, but you have to be born with it, and i wasnt. fortunately though, i was born with the skills needed to be a trader. im not complaining at all...i love trading, i have met few ...

BUFFET Loses, It gets even better...

hey boycie, you never did say where you got the 900mil figure from. can you post the link?

BUFFET loses $900 million on USD