Thanksgiving is always the 4th Thursday of November (in the US). Black Friday is simply a term given to the crazed shoppers that start their Christmas shopping around 0500 today.

Thanksgiving Trading!

This question has come up a lot lately. I would simply suggest that you load up a couple years of daily data and apply a volatility based indicator like ATR to your chart. Don't believe anything that you can prove or disprove for yourself or, at the ...

Volatility mid-December to mid-January

Congrats! Now you have some street cred

Idiots Have Woken Up

The antidote is attached to your shoulders. You have to decide why you are trading. If it for entertainment and to announce the occasional winning trade here on FF then continue trading as you have done. If it is a business and you wish to ...

Why let yourself be margin called?

It's too bad you didn't take your own advice and buy the USDCAD. It's up over 400 pips since you started rambling. The difference between a trader and someone who babbles is that a trader reads a comment and then asks themselves how they can act on ...

Idiots Have Woken Up

Thanks for all of the replies. I think NorthPro stated it much more clearly than I could have. I definitely think science comes first. You need a solid foundation upon which to make additional decisions. I very much understood the science of flying ...

Trading: Part Science and Part Art

Well said girlflyer. It's a sad statement when your broker does more to protect your money than you have up to the point of the call.

Why let yourself be margin called?

I think Zen is knowing when to use art and when to use science without having to give it much thought. Wolf, you left off the second half of the quote: "A good landing is one you can walk away from. A great landing is one after which the airplane ...

Trading: Part Science and Part Art

John Mauldin writes a great weekly newsletter. This past weekend he touched on the dilemma that the fed faces. You can read it here.

Why would the fed lower rate?

That's pretty funny. I just got a PM fron a Venezuelan gentleman who had this to say: hahaha, you dont have any money or wealth you just create money printed out of air and thats why you are so troubled right now. the world is starting to realize ...

I see oil reaching 100 USD?!

Here's the difference for the CHFJPY chart. I picked this chart because it's a little more choppy than some others and that is where the biggest differences will appear. In some cases the difference was a few hundred pips. Only you can say if that ...

Is there a difference?

TD, I primarily trade off of the 15 min charts and will hold for a few hours and some off of the 240 min charts which are held for a few days. I use stoplosses below/above previous swing pivots and have no preconceived exit until told to do so by my ...

To all the 1K club members!

What happened to Newton's First Law? Every object in a state of uniform motion tends to remain in that state of motion .... There is a higher probability that the trend will remain in place then there is for a potential reversal. Trading with ...

To all the 1K club members!

Why not? Who do you think keeps the spread?

Anyone been banned from Oanda for Scalping

If I were your broker I would encourage you to scalp as much as you possibly could.

Anyone been banned from Oanda for Scalping

There will be no trends in the future?

"Trend" , how do you actually trace the current trend ?

It's not my job to decide if you are sane or not (I wish it was, that would be a really cool job) but I think if you enter a position with less than 1R it is perfectly acceptable to add on until yet acheive 1R. It is not unreasonable to admit that ...

Adding to losing positions

Yes, but only after moving your original postion to breakeven so that you do not increase your risk. Drop down a couple time frames and look for dips to add in your direction (or peaks if you are short). You need only catch a few good trends like ...

Adding to losing positions

Micro, I'm not picking on you but when calling someone a loser you should endeavor to spell it correctly. I just thought it was funny.

Adding to losing positions