- Search Crypto Craft
- GEfx replied Feb 8, 2022
This is the reply I was expecting. You are asking the most basic questions about the forex market, and this is information you should already know. Not sure how you are qualified to lead this discussion, but best of luck to you!
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
Let's put this on pause for a second. You are asking me, to provide you, with information that YOU should already know? You don't know JP (not JB) Morgan's forex stats? Do you know any of the banks actual stats? Do you know where to find this ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
By understanding the nature of forex-related business transactions (and the motivation behind them), you can put logic and rational behind chart patterns, which are excellent representation of forex-related business processes, procedures and ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 7, 2022
I believe RickM is honest. He has never refused to answer my questions, always provides specific details when asked for information, and opened up his discussion site to me for more detailed discussions. His reputation with me is based on his honest ...
Is forex education misleading or everyone is stupid?
- GEfx replied Jan 14, 2022
Thanks and now I have a better understanding of your background and thinking. Best wishes!
Is forex education misleading or everyone is stupid?
- GEfx replied Nov 19, 2021
Hi RickM, well I'm not sure who was getting killed today, but I was selling the E$, G$, and GY from London through just before the NY open, as I traded with the bankers as opposed to fighting them. My comment about retail trades being liquidity was ...
It's Unreliable
- GEfx replied Nov 19, 2021
[quote=fxsport;13794768] The notion of an edge, and the quest to find it in the forex, as if it were the Holy Grail, has always amused me. In my mind, you seek an edge when you are evenly matched against an opponent (fill in your own sports analogy ...
It's Unreliable
- GEfx replied Nov 18, 2021
The idea should be to trade with the herd, because the herd is insanely profitable and does not fail. The herd never concerns itself with "unreliable", because the herd defines what is reliable. The herd you follow fails because it is already doing ...
It's Unreliable
- GEfx replied Nov 14, 2021
I trade the 4H and 1H, with entry and exit on the 10M.
(binned per thread starter’s request) GEfx Trading Journal
- GEfx replied Nov 14, 2021
I've done this several times on FF. It is an enormous pain in the ass, but I think it proved the point you are looking for. I have a journal here on FF where I showed a nearly real time trading day. Look at posts 812-831. There was a time blip in ...
It's Unreliable
- GEfx replied Nov 13, 2021
The vast majority of people are here to discuss Forex trading. I'd go so far as to say, that 99.9% of all posts here are in some way related to the Forex. And, I'd guess that nearly every new or struggling trader here wants to learn how to make ...
The brutal truth of day trading
- GEfx replied Nov 13, 2021
Just a thought. This is FOREX Factory, not Equities Factory. I'd guess that nearly everyone here is interested in currency trading, not equity trading or equity investing. If you started a thread entitled something like "Let's Trade MSFT", and I ...
The brutal truth of day trading
- GEfx replied Nov 12, 2021
In the immortal words of Admiral Ackbar in Star Wars: Return of the Jedi: "It's a trap!" By the sudden flurry of posts from fake Peter, I think it worked for him!
The brutal truth of day trading
- GEfx replied Sep 5, 2021
I just checked this thread after being away for a while. Why the sudden interest in theoretical physics? Or theoretical physicist?
Flying Dutchman
- GEfx replied Aug 27, 2021
A text of Powell's speech was released 15 minutes before he spoke, which was 7:00 am PST. I was reading reports of the dovish nature of his speech at 6:50 am. The market knew what was about to be said and they started trading it accordingly. If ...
Flying Dutchman
- GEfx replied Aug 27, 2021
The news ahead of Powell's speech was from Mester and Bullard, who were very bullish on taper. This news was the excuse to buy dollars for about 30 minutes. The text of Powell's speech was released about 15 minutes ahead of his actual speech, and he ...
Flying Dutchman
- GEfx replied Aug 27, 2021
The GBP/USD 1H chart below, and the blue area is the NY session activity today. Are you asking for a system that will explain, ahead of time, the actual PA in the blue area? Or a system that will explain the likely PA in the blue area? Or a system ...
Flying Dutchman
- GEfx replied Aug 25, 2021
I thought about this thread this morning, when the EJ became a solid -- buy! The EJ bounced off 127.94/95, and finally became tradeable today, at least for me. Three trades at about 1.2897 each, in what became an accumulation range, with a 15 pip ...
Flying Dutchman