Expecting bad news on either unemployment or ISM — Am scaling in with buy orders at 1.3469, 1.3429; SL 1.3419. Exit #1 - 1.3550 Exit #2 - 1.3639 Is there a "fingers crossed" smilie?

EURUSD

"To know and not to act is not yet to know" — Well, Jesse Livermore dropped out of school back in the 1880s so he could work the stock exchange and place trades on the side. By 1890, at age 15, he had acquired $1,000 in wealth, to ...

What Right Do You Have To Trade Forex?

some advice from analyst Brian Dolan (.pdf) — I hope this isn't too late, but this is a link to a .pdf entitled "TRADING MISTAKES: Avoid online Forex pitfalls," by renowned analyst Brian Dolan. In it (on pg. 3), he advises new traders to avoid ...

How do you trade news?

Um, excuse me? THIS is my forex school — The right to trade forex? I'm trading with my own money, which I've saved from my salary. I'm not borrowing money from family or (HA!) the banks. I'm not using OPM. And I don't have a wife or child to ...

What Right Do You Have To Trade Forex?

Some reprints with trading ideas. — Greetings from my humble computer cafe in Tokyo. (I'm an English teacher, not a Japanese citizen.) Anyway, I periodically post .pdf reprints of articles that I think might help us in our fight against market ...

Jimmy Noodles Trading Apprenticeship

Info on a possible GBP/USD strategy — The GBP/USD is apparently one of the four most-traded currency pairs in the markets, so it'll provide plenty of action for us. As long as you're getting something out of it, fine. Here's a link to a ...

EUR or GBP Which is the most profitable pair for a Novice

This might give you some ideas — I think you should try doing a "Google Books" search on MILLIONAIRE TRADERS by Boris Schlossberg and Kathy Lien. Read through some of the sample chapters and see what you think. ...And no, I'm not on this elite ...

list of traders for living

Egad! I've been found out! — CURSES! FOILED AGAIN! image

FXAW Forum - "Bluto"

WTF? — This is the first I've heard about this. NO FX TRADER is going to get money out of me online.

FXAW Forum - "Bluto"

I respectfully rephrase my previous comments ... — MY APOLOGIES; I forgot about the "trading naked" crowd. But at least they're using support/resistance and price action formation to decide their entry/exit points. They're/You're ...

95% losers - Fact or Fiction?

"Never ask a trader if he is profitable: you can easily see it in his gesture and gait." Nassim Nicholas Taleb (1960–), Lebanese-born US academic and writer, former derivatives trader Source: Fooled by Randomness (2004) SOURCE: a page of financial ...

EURUSD

I call B.S. on that 95% figure. — 1. If that 95% figure is true, I don't care. I shall be part of the 5% who makes money in these markets. It is my intention to retire rich at 45, while I'm still young enough to enjoy it. 2. IMO, this figure ...

95% losers - Fact or Fiction?

Now up to 390 — (N.B. It's my understanding that the bigwigs have a 1000:1 rule when it comes to unsolicited feedback from the masses -- i.e., when you write an angry letter to a TV network, complaining that your favorite show has been ...

10:1 Leverage Have Your Say (Offical Petition)

Various resources — Well, since we've all been there (or are still there), I have a few resources and links that might help. First, find out if you're best suited to short-term or long-term trading. Warren Buffett was a long-term trader. He ...

Cant find a substantial edge!

The "HOT HAND" defined. — Here's a quote from earlier in this thread. It, in turn, is a quote from the ORIGINAL, infamous DIBS thread where Peter Crowns first started giving us advice. The "hot hand" is the market that is moving the ...

The DIBS Method... No Free Lunch continues

Let's give it a shot. — 1) The term "medium-sized" is vague enough. Whatever's "medium-sized" on EUR/JPY might be huge on AUD/CAD. 2) The rice trader, Honma, who developed the system of measuring price action with candlesticks, said that it ...

Candles are arbitrary

On the subject of cross pairs... — I can't remember if I've ever posted in this DIBS thread or not, but there's been a nagging doubt about something. Does PC ever say anything definite, pro or con, about trading cross currency pairs? ...Or ...

The DIBS Method... No Free Lunch continues

I changed my pic from the coke-snorting one, but IMO, the original pic was nothing to get uptight about.

Ichimoku forever

Thanks! — Many thanks for those pdf reprints! And happy New Year! image

College courses for forex