Puppy? Wasted? Why so negative? It's all useful stuff. If you learn how to combine that with fundamental information then you'll have a better grasp of things. But don't think you're worse off than people who know nothing about technicals because ...

Reminiscences of A Forex Speculator

1. You are trading a paper contract, the underlying asset of which is physical gold. You can have the gold delivered to you, although it takes time and money. 2. This is what you would call OTC (over the counter). You are trading a synthetic ...

OTC metals trading to become illegal?

Fortunately I'm not a citizen of the United States so these developments don't necessarily affect my trading activities yet. However I maintain 'strong vigilance' when it comes to such developments. It is highly likely that there is more to come and ...

OTC metals trading to become illegal?

I'm not sure what's your question here. Could you please elaborate? I agree. There is a lot of noise on a 30 second chart so take care when trading. Higher timeframes contain more information per bar/candle. I'm not someone to tell you to trade ...

Jankone M5 thread

I took a look at my calendar and thought I should share this: June 20th (Monday): ECOFIN June 24th (Friday): Summit of EU heads of state and government June 29th (Wednesday): Greece defaults?? (this is IF they don't get their next tranche of bailout ...

Reminiscences of A Forex Speculator

The posts below point to some of the reasons why I'm very skeptical of the euro rally. 1. Greek Math: €12 Billion In, €18.2 Billion Out... And That's IF The Impossible Happens 2. Don’t Forget Greek Implementation Risk 3. "Greece On The Verge Of A ...

Reminiscences of A Forex Speculator

There's nothing worse than sleeping through something like this. Oh, wait, there is. Getting up on time and then getting caught between the sellers and the buyers, that's worse. Winning is good, flat is OK, losing is bad. That's the way I see it.

Reminiscences of A Forex Speculator

I took the possibility of short covering into account and I was long the first 50 pips of the way up. Since the morning hours had been dominated by bad news I started fading it aggressively. Didn't work out too good. Had I known what was going on ...

Reminiscences of A Forex Speculator

I took it, but on the wrong side, though. I faded the upmove due to the overall negative sentiment and widening spreads on Greek debt only to learn later that there was a rumor of a bigger than expected bailout package (EUR 150 as opposed to 120). I ...

Reminiscences of A Forex Speculator

You know, the funniest thing just happened. I was just doing another search for a moving average with bands and I found this one: url right here at FF. This was just one minute ago! And then I went back to check my subscriptions and there you were ...

TMA Reality Tour

ingmarforex I dont' trade options nor do I take them into account (usually). For me they are only important when an important round number is in the way and traders are going to try to run the barrier down (the bank who sold the barrier option would ...

Reminiscences of A Forex Speculator

On most days volatility does dry up around two hours after London open but I traded from pre-Frankfurt to US open today and I didn't notice any lack of volatility. However, as a rule of thumb, your observation is accurate. By the way, I didn't ...

Jankone M5 thread

Nice work! I thought about you and your EURCHF order when I saw the guys at forexlive mention the 1.20 level being retaken. I guess you're going to be sitting on your hands and watching the pair for some time, eh? Let it mature and all. You ...

Reminiscences of A Forex Speculator

That's an interesting observation and thank you for pointing it out. I have noticed the duplication theme often and I even have a special folder where I save my indicator comparison charts to keep track of them. One thing I like about the TMA is ...

TMA Reality Tour

Thanks.

TMA Reality Tour

You got 'punished' for the 1:5 RR not for being impatient. It was a countertrend trade and you should've aimed for less pips. I've been trading the 5 minute chart for a long time and I've got some painful experiences from the past. Of course, I'm ...

Jankone M5 thread

Here at FF it's allowed. I would guess you're originally from TSD where such practices are prohibited? Trend Indicators If you're looking to play strong currencies against weak ones you could do yourself a real favor and check out relative currency ...

Best Trend Indicator

Thank you for the post. I was just looking into TMA myself and I was about to start a thread on this very topic. I was going to ask what the repainting issue was about but you have already answered it. I'm not sure whether or not I should be ...

TMA Reality Tour

He doesn't, but the indicators sure do.

Charts on Drugs or works of Art?

Why go through all this trouble when MT4 comes equipped with an indicator called Bands (located under custom indicators)? It allows you to assign a different color and style for each line (simple MA, upper band, lower band). It's really simple.

Bollinger band mq4