So...what do you want to talk about? Post something that will prompt discussion.

The brutal truth of day trading

I started reading your example but had to stop. I got car sick.

Flying Dutchman

Regarding the E$, it seems to be rolling along as anticipated, carving out a range and now working on a breakout. Been trading the range this week. Waiting to see if this b/o is for real.

Flying Dutchman

Hi bilal, Regarding fundamentals, I have a trading journal dedicated to this topic. It includes daily notes on FA and the progress of FA on various pairs, and a spreadsheet with a comparative analysis of FA among countries. I track ...

Flying Dutchman

BWilliam, I don't trade bitcoin, but I'll keep an eye on it this week, and please post your thoughts on how the week unfolds. Every week, I spend time updating my market structure analysis of the 10 pairs I trade. To maintain continuity with the ...

Flying Dutchman

What I'm about to say is how I work through FA in working through structure. I think the first point to make is that the actual impact of any FA is not just the initial reaction, but is determined by the background use of the fundamental. So, you ...

Flying Dutchman

Hi BWiliam, hope you are well. I'm not sure what you are asking me to do with the chart. Price does move for a reason, but I'm not sure how to use a 5M chart in that analysis. Please elaborate what you have in mind. Keep in mind, from the many ...

Flying Dutchman

Right, All the majors are tied to the USD. They move with relation to the USD, so they often move to targets together, as you'd expect. But sometimes, an economy will see a shift it its fundamentals, and will deviate from its previous path. But ...

Flying Dutchman

Hi moodybot. No, that's not what going on at all. If bankers (from all over the world) push to target, say the target on TimeTell's E$ chart, they have a reason to do so. If they have no reason, they target something else, or move in a range. The ...

Flying Dutchman

Yes, it's been a target for quite a long time. And yes. It's on the bankers charts. Hope you have a good weekend!

Flying Dutchman

Actually, I agree with the CFTC regarding FIFO. Why should forex trading differ from everyone else? And there are ways around FIFO, and hedging, too. The hard truth is, FIFO and hedging have zero impact on the quality of trading.

Flying Dutchman

That is how I view target. I like to trade to them, then observe PA to make trade decisions from there. That is what bankers do, and you saw that play out in PA as your level was hit. They had quite a conversation today as they debated where to go ...

Flying Dutchman

No, I have absolutely no interest in talking about that! We went from talking about whether the forex market is clean/dirty, legal/illegal, and fair-ethical/unfair-unethical to complaining about brokers. Not going there with ya! Best wishes!

Flying Dutchman

To whom it may concern and certainly not to here2there, I think every nation has the right and the obligation to manage their currency, and to the extent necessary, to work with other nations to ensure a smooth and orderly currency market. To the ...

Flying Dutchman

No, I said that dirty was illegal. If not, if dirty or clean mean nothing, why the subjective labels? Okay, you think it's dirty. What's the point?

Flying Dutchman

Supply and demand work just fine. It's the intent of the suppliers and demanders that might be throwing off your perspective. And there is no unseen entity. They are doing it right out in the open for all to see. Nothing mysterious about any of ...

Flying Dutchman

Please explain how manipulating currency values is against the law.

Flying Dutchman

I'm not sure what you mean by clean. If the opposite of clean is dirty, which implies it's illegal, then yes, it's clean. If you are asking if it's manipulated, yes, it's manipulated.

Flying Dutchman

I'm now convinced that you guys are joking around with this algo stuff. The joke is on anyone who falls into this trap, right?

Flying Dutchman

To everyone on this thread: I'm sorry for having a hand in driving this thread into a ditch (again). I read Peter's smearing post to Viktory and remembered Peter's true and actual comment. He used a lie to smear Viktory, and that seemed unfair and ...

The brutal truth of day trading