Just $140 -- I was waiting for the break above then retest (or at least a 38.2% Fibonacci retracement and RSI signal) before I loaded up. Unless EUR/USD breaks above 1.35 sooner, I am thinking that Euro pairs will continue to trade sideways until ...

Davit's Confluence Trading

Thank you for the suggestions. I am looking at the Ninja Trader website now. Are you currently using Ninja Trader with Interactive Brokers or is that just a general suggestion? If the former, have you ever experienced any charting errors as I'm ...

Interactive Brokers - experiences and opinions

Interactive Brokers issues — I have been having ongoing problems with TWS charts on Interactive Brokers. If you have posted or checked out the Interactive Brokers Features Poll (the only way they will accept feedback about TWS) you've seen ...

Interactive Brokers - experiences and opinions

Please stop re-posting these news clips. Even if they weren't other people's work, the content contributes nothing to this thread.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I got antsy and placed my EUR/JPY long too early thinking I'd missed my optimal entry point, used a 0.75 stop to cover the day's low using a modified Donchian channel breakout strategy, went to bed, got taken out when it retested rising support from ...

Davit's Confluence Trading

I'm targeting 1.42(ish) as well, but from long term resistance trend lines from the high of 2007 and Fibonacci, though it might top at 1.40. It's nice to have an alternate confirmation. EUR/JPY is still my vehicle of choice while gold and silver ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Congratulations on the job, and I hope you will still post comments from time to time even if you cannot post your charts.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

$3/pip for silver is $300/$1 movement in the price of silver (roughly 1/17th the size of a normal silver futures contract). 63 of these units would be $18,900 per $1 move in silver which I'm guessing is more than you'd ever want to risk even if you ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I've placed a Fibonacci for just the range of Friday's move (120.7 to 122.8) for EUR/JPY and I believe I'm going to get my hourly RSI trigger when it hits 122.5 which is the 61.8% retracement and where the resistance (now support) will be if you ...

Davit's Confluence Trading

That's certainly something I've found to be true. Every time I've jumped in because I think I've missed the action I'm lucky to break even.

Davit's Confluence Trading

If you're going to quote Shane Heffernan url (or anyone for that matter): a) provide a link to the article, b) don't quote just the least relevant part of his article, and c) give us your opinion on why you think the article is significant. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Be careful with that. Every time I set goals for myself and tried to make up for shortfalls I took chances which ended up setting me back even more.

Davit's Confluence Trading

Like a child with a mouth covered in chocolate saying they didn't eat the pudding, the Japanese government has always denied taking an active role in devaluing their currency. Bloomberg reported Deputy Economic Minister Nishimura saying “USD/JPY at ...

Davit's Confluence Trading

GDM (gold miners index) plummeted again today, doing triple damaged to my NUGT holdings. My chart told me it was going lower and my gut instinct was to get out, but ignored both and have paid the price. I haven't been following mining news lately to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I have not redrawn any of my "good" charts yet ...just some quickly drawn trend lines as a rough visual guide. I started redrawing my EUR/JPY chart last night, starting on the monthly chart and working my way down to the five minute which is precise ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

In general, for anything including the metals, but specifically for EUR/JPY right now (or any Yen pairs), if you wait for RSI to bottom on whatever time scale you prefer and sell (if you are scalping) when it tops you'll probably do okay even ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Oanda has no minimum if I remember correctly and, again, if I remember correctly, a single lot through that kind of broker is $400ish. The minimum cash balance to trade US futures and Forex through a regular broker varies by broker ($2,000 USD in ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I had 1653(ish) on my own charts as a potential target. Unfortunately my software froze in mid save after I'd completely redrawn my lines for gold, EUR/JPY, NZD/JPY using a calculator to verify accuracy else I'd upload a chart. Gah! It just crashed ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I was right and US$ did not co-operate with risk currency gains but I didn't expect it to be so contrary that you could short NZD/USD and long NZD/JPY and make money on both given the Kiwi is fundamentally the strongest component of each pair. Yen ...

Davit's Confluence Trading

Rather than insult those who clearly have a better understanding of standard forms of technical analysis like Eliot waves and head and shoulders patterns, why not learn from them? If you're unwilling to do that, then refer to rule one of the user ...

USD/JPY Discussion