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- GEfx replied Apr 16, 2010
Hi, don't mean to be critical of your trade, but when I look at the rescuse attempt, you were still in an uptrend. Best to wait for that trend to stop before the rescue. I do not trade the 5M chart, but your first entry was after the down trend was ...
Technical Analysis Fallacy
- GEfx replied Apr 16, 2010
Auxesis, it took all week but the gap on the E/$ is now closed. Let's see what happens next.
Technical Analysis Fallacy
- GEfx replied Apr 15, 2010
Hi Jest, glad to see you hanging around again, we have missed you! Auxesis, I had 1.3496 as the price level to close the gap on the E/$, and we failed to get there by about 25 pips. Is that the same level for you? Hope you are all trading well. I ...
Technical Analysis Fallacy
- GEfx replied Apr 14, 2010
Interesting discussion on brokers going on here. I am now watching the E/$ and GBP/$ for long opportunity, so a quick post here while I wait. I have very few re-quote problems with my broker, because I have a +/- 2 pip range for entry. My experience ...
Technical Analysis Fallacy
- GEfx replied Apr 13, 2010
Thanks for clearing that up for me, and good trading to you. If you come up with a fix to this broker issue, please be sure to post it here.
FXCM Discussion
- GEfx replied Apr 13, 2010
Just wondering -- why not just call the trading desk (877-377-5077) to take you out of your trades? They start on Sunday at 5:00 PM. If you were trying to protect profits, why not just call them and ask them to take you flat?
FXCM Discussion
- GEfx replied Apr 13, 2010
It's been over 5 years now since I opened my first forex trading account. At that time, I opened it with the understanding that i am insignificant to the forex market and to my broker. I guess my view of my broker is based on low expectations, where ...
Technical Analysis Fallacy
- GEfx replied Apr 13, 2010
Sorry to hear of your problems. I have been trading on FXCM TS2 for several years now and have had only several problems like you mentioned (locked out for several minutes when the market is surging), and certainly none in the last few days/weeks. ...
Technical Analysis Fallacy
- GEfx replied Apr 11, 2010
A new week of trading begins! Good trading to all. E/$ opens with a very nice gap that will need to be squared. Same with the E/J and GBP/$. Happy trading everyone!
Technical Analysis Fallacy
- GEfx replied Apr 10, 2010
Hi all, a good week of trading and now some time to reflect, work on improving, and chat a bit. fti and Beman, good discussion for a Saturday, especially given the conditions around the world. It is important to reflect on how we can help others ...
Technical Analysis Fallacy
- GEfx replied Apr 2, 2010
Hi fti, I see you are around this wonderful Good Friday. Happy Easter to you, your family, and everyone here on TAF. God Bless. Remember the meaning of today and give thanks.
Technical Analysis Fallacy
- GEfx replied Apr 2, 2010
Well done. Keep working on your skills and strategy. Hind sight being 20/20, note that if you had been up all night -- lol -- there were other opportunities to add to your position as the market ranged. But, good job on your part!
Technical Analysis Fallacy
- GEfx replied Apr 1, 2010
OK, NFP tomorrow. US banks and equity markets are closed for Good Friday (btw, Happy Easter to everyone) and banks are closed all over the Western world as well. Good luck to anyone trading tomorrow, as I will be sleeping in. Trade well and stay ...
Technical Analysis Fallacy
- GEfx replied Mar 31, 2010
My "scout" or first trade would be at the point where you see downside momentum has failed, with a very tight rope on it (notice that the PA had broken the previous ST trend line and then attempted to pull back, which is where you saw the failed ...
Technical Analysis Fallacy
- GEfx replied Mar 29, 2010
Glad I could help, and let me just say again to study fti's material and stay focused and execution of his approach.
Technical Analysis Fallacy
- GEfx replied Mar 28, 2010
I watched this on the History Channel about a week ago, very good program. fti, how are you? Hope all is well my friend. Miss you very much and my prayers are with you. God Bless!
Technical Analysis Fallacy
- GEfx replied Mar 27, 2010
My friend, take care of your eyes. It's pretty easy to find time each trading day to step away. I try to do it several times a day to clear my head and get some blood flowing to someplace other that my seat -- lol. A cold wash cloth is nice for a ...
Technical Analysis Fallacy
- GEfx replied Mar 27, 2010
Wow, you could not be more correct about this guy. Do some background checking on his career and at nearly every major decision of financial regulation he has been on the wrong side. If he were a trader, you'd make a zillion by trading against him. ...
Could 10:1 be the new leverage in US Forex?
- GEfx replied Mar 26, 2010
Welcome and we look forward to having you around. Thanks for reading the thread first, and good luck to you.
Technical Analysis Fallacy