The gap is filled in the past but your entering a free fall zone.

Gold Discussion

take a look at the copper, aluminum charts, they are linked to gold more than one may think. Gold does not benefit in a deflationary scenario.

Gold Discussion

To become a professional trader, the key is staying power, you need to be engrossed in the markets for atleast a few years and have periods of weeks to months watching sec per sec price action. Thats how you end up building your mental tool set to ...

Success stories

Hey is your yahoo messenger working mines not able to connect, my mail account is caput too. Hope noone is hijacking it. =) Anyone else who wants in on the yahoo messenger circle of friends, give me a pm. I will add you to my list. We usually bounce ...

USDCAD ----> 1.16

The looney is looney, wierd price action tends to fade moves in other pairs.

USDCAD ----> 1.16

Anyone starting out in FOREX, and going live with a real account with a small grub stake, should position trade and wait for a good entry point. Only when you have amassed a small fortune can you scalp a few ticks here and there.

Psychology, Trading and You

When I get queezy, and about to throw up. I exit out of my trade, saves me everytime.

Money Management

Id like to see a broker trader against me. =), some platforms use novice accts to estimate the order flow on trades, to see what direction the novice is betting on in a given pair. More likely then not they can take a speculative position in the ...

Dealer Desk Vs Non Dealer Desk

Given this past weeks testimony by Bernanke, the market is reading it as if they are going to pause on Aug. 8th. So the trend will be bearish for USD, if the moves are significant enough in pairs, profit taking will occur even before FOMC meeting, ...

August FOMC

IMM futures on yen, huge short position, ripe for hitting those positions with short covering rally. Net short position 69,049 contracts.

USDJPY----> 113.5

GOLD (free 20 dollars) — GOLD is going to fill that gap back to 600, its at 620 now. Almost like free money.

Gold Discussion

The actual money you have in the trade should not matter, your decisions should be based on only price action. Once you start focusing in on the money, then you need to exit out of the trade. The best money is made effortlessly. Meaning its like ...

Psychology, Trading and You

Position traders can enter at 1.1250, bottom of trend channel and support.

USDCAD ----> 1.16

Your position trade is only safe if you enter in the 1.82 handle and able to withstand a 50 pip whipsaw divergence.

GBP---> 1.96