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    • cat commented May 12, 2011

      I reckon this one has run it's course, definitely an interesting range of opinions out there, but seems to be sort of going nowhere now. It really doesn't matter whether trading forex is gambling or not, does it, as long as we are happy with what we ...

      Is Forex Trading Gambling?
    • cat commented May 12, 2011

      I'd like to paraphrase two articles, one written by James Woolley, and the other from 'ForexTradingFinder' on why forex trading and gambling are different, as I think it provides a fairly watertight argument why trading, done properly, is not ...

      Is Forex Trading Gambling?
    • cat replied May 12, 2011

      For those who are short, and I was one of them till just now, we've just hit the weekly 38.2% fib, and we have some pretty solid looking divergence on the hour chart. Just thought it was worth pointing this out.

      EURUSD
    • cat commented May 12, 2011

      Hi ozpips, I'm just interested to know why, after almost 2 years since since you started learning how to trade, you now consider trading to be no more than gambling? Greetings to you and all the folks down under!

      Is Forex Trading Gambling?
    • cat commented May 11, 2011

      I'm perfectly happy to be referred to as a gambler by anyone I meet, even by someone as easily needled as yourself, it really makes no difference to me whatsoever, in fact I'd agree with them if it made them happy. However, judging by the comments ...

      Is Forex Trading Gambling?
    • cat commented May 11, 2011

      To KumoDragon- So your definition of gambling is " betting on an uncertain outcome ". By this definition trading is indeed gambling, but then so is putting money into a business start up, IV treatment, getting married, buying a kebab from a dodgy ...

      Is Forex Trading Gambling?
    • cat commented May 11, 2011

      Life from the moment we are born is full of risk and uncertainties, we confront them every day whether we choose to or not. Whatever profession we end up in, the only way we are able to feel personally fulfilled is if it is something that we really ...

      Is Forex Trading Gambling?
    • cat replied May 6, 2011

      OK mike, I'll shut up. Thank heavens we're all different, and though I don't doubt the wisdom of Fti who is obviously highly regarded here, this particular post caught my eye because I am a great believer in the efficacy of TA, above all else ...

      Technical Analysis Fallacy
    • cat replied May 6, 2011

      "There are people who need the speedometer in their cars to gauge, that they are driving too fast. There are others, who can feel it without that technical tool .." Yes there are, but you can bet your bottom dollar that these people have spent many ...

      Technical Analysis Fallacy
    • cat replied May 6, 2011

      Thanks for the reply! Not there yet because though trading profitably, I have plenty of room for improvement, as we all have. And I have no idea who Fti is, does that matter? He correctly states that a successful trader needs a whole complex of ...

      Technical Analysis Fallacy
    • cat replied May 6, 2011

      Your article is misguided and erroneous. You speak as though technical indicators have value in themselves, when they do not. Whatever technical indicators a trader adds to his or her chart, they will be absolutely useless unless the majority of the ...

      Technical Analysis Fallacy
    • cat replied Apr 14, 2011

      Really can't see the euro going any higher for the moment-the price has got well above the daily simple 200MA, and the 4 hour MACD has been falling for two days. May seem an obvious comment to make with the price head-butting 1.4520 but thought I'd ...

      EURUSD