Plus a good bottom takes a while to develop, so if it looks like its happening, there's lots of time to get it figured out w/o losing too much...btw, it's funny how that little bump on the bottom of your weeklies is what we are all about. Nice ...

USDCAD .. One New ALERT!!

It really just is a question of balancing probabilities against what you can afford. If you can be absolutely sure that no bad events will happen - like communications going down for a a day or two, or you won't get hit by a car crossing a street, ...

Movements of Forex, and using a stop loss

I just take stops off before the news, since it's usually stop-hunt time. as well as orders. I will occasionally close positions just before the news if things are looking volatile. But most of the time I just ignore the news itself, and watch how ...

Do you enter after or before the news?

I've got it beginning to flatten out on 4 hour & 1 hour charts and less (using an averaging method over 5 days), but to short it now I would have to put in an order around 1.3635, with a sl of 1.3655 anyway, lots of time till it re-opens to think ...

EURUSD

There's no fool-proof indicator good for everyone. Basically what they do is reduce noise and bring out patterns that are in some way consistent enough for individual users to employ. Because we are all different, some people will find various ...

How many of Technical Analysis based systems are junk?

I've got shorts on the pair, which may be really dumb because it is well supportrd by the trendline from 28/Feb. But my indicators have turned down, so I'm giving the contrary move a chance, but only small bets yet. But looking at your chart, the ...

Daily EUR/JPY analysis

Out of curiosity, why would you want a stronger dollar? (FWIW, I really don't like the notion of "stronger" vs "weaker" with all the implications; "higher" vs "lower" is probably better). An overly strong dollar leads to a decline in productive ...

USD - What economic factors will make it strengthen?

161.11 may have broken, but as far as I can see the real resistance is about where it is now. Note we've got the dowtrend resistance, and the the height of the last peak to break over. then the various peaks up to 162.40. But i'd want a clear hourly ...

Daily EUR/JPY analysis

Thanks...

Daily GBP/JPY analysis

As far as I can see, the down trend, is still lwell in place (though may be slowing a bit on shorter time frames, however); we haven't broken through the 2 std line off the leading indicator on a 28 day period...The red and yellow lines measure the ...

USDCAD .. One New ALERT!!

My guess is that it's going to head sideways for a while now, with increasing volatility. The chart below is done using an indicator based on something like taking the forward end point of the Metatrader STD channel, over 7 1/2 days, with the dashed ...

EURUSD

Hi - this is my first post here, so my apologies if I do anything unwarrented; I stumbled across it by accident and poked around. Looks interesting (especially as I am very fond of Metatrader). Anyway, for fine tuning your systems automatically, you ...

Revolutionary ideas regarding the market and system optimization