Modest profit on Friday morning (KST) — Made a modest gain of 17 pips before the drop that occurred at 7 pm local time. The price has broken above the resistance level; it will start the week outside of the pennant which I had drawn from June ...

Daily EUR/JPY analysis

Missed it...but the fun isn't over yet. — July 10, 2008; 0644h (Korean Standard Time) A mini-breakout came, but my stop was set for a REAL breakout -- 170.00, a full 100+ pips above the top of the pennant. THe EUR/JPY rose to a value of 168.88 ...

Daily EUR/JPY analysis

Anticipating a breakout - July 10, 12:57 am KST — (Korean standard time) The daily chart of the EUR/JPY has formed a pennant over the past two weeks. As I write this, the bid/ask is hovering around 168.60. Falling resistance and rising support ...

Daily EUR/JPY analysis

Check post #18 of this thread: — url There is a Yahoo! widget that you can download (designed by Oanda) that gives you a countdown to the openings/closings of the major markets. You can check the widget here: url You have to download a ...

World Market Clock

Speaking as another noob, here's a magazine article featuring trendlines by Tom DeMark, author of The New Science of Technical Analysis. You might find some ideas in it.

Can someone please guide/teach me about support/resistance lines?

Before you go overboard and actually PAY SOMEONE, consider some online video demonstrations on how to use such indicators as ♦ Fibonacci retracements ALONG WITH Fibonacci arcs ♦ The Andrews Pitchfork Some sites run webinars -- I'm sure that a quick ...

Tired of losing money in forex

Here is one of the articles in question: — I've uploaded one pdf on the subject of currency 'personalities'. See below. Here's a link to a huge list of forex-related pdfs -- many of which come from magazines like Currency Trader and ...

I really need a simple system

Online world clocks — Two good free links to bookmark. url This one lets you customize an applet for your own chosen favorite cities, and you can sort them in whatever order you like. url

World News and a World Clock to keep time

Some sensible advice in this: — He has a lot of good stuff in here:

45 Ways to avoid losing money trading forex by Jimmy Young

Brian Dolan advises us NOT to trade the news: — from "TRADING MISTAKES: Avoid Online Currency Pitfalls" by Brian Dolan, SFO mag, March 2007 Brian Dolan is director of research at GAIN Capital Group. He is a 16- year veteran of the currency ...

It is yet possible to do trading in forex with news

EUR/JPY for the last week in June, 2008 — The latest -- JUNE 23rd CHART OF THE DAY from ibtimes I'm too lazy/nice to hotlink the chart that goes with this.

Daily EUR/JPY analysis

How to cause a riot -- remove subsidies from fuel prices — Unfortunately, without those subsidies in Indo (where I visit regularly and where a friend of mine has lived for years), countless thousands of taxi drivers couldn't make a living if ...

Sweet, sweet Oil

From the above link: OPEC does not believe supply is the problem; they have stated their supply is adequate for demand: So what is the problem? The price of oil is a reflection of the instability in the Middle East. My forex book tells me that the ...

Sweet, sweet Oil

I use GFT and Dealbook — Newbie here. The spreads are indeed 1 pip lower on a lot of the major pairs. I suspected that GFT is trying to counter the effect of ECNs on trading. Traders don't want a market maker trying to get between them and ...

GFT Reduces Forex Spreads

I, too, have an interest in the EUR/JPY pair... — ...it's got a low spread, it's pretty volatile (I calculated a 10-day average trading range of 159.8 pips for the first two weeks of June) and it's open during Asian trading hours (which is ...

GBPJPY and EURJPY

No M.B.A. — I have degrees in unrelated fields and have never taken a business course. I'm just doing this because I'm sick of my job and I want to be able to make a second income in a short time. There might be enough information online that ...

What kind of Degree for Forex?

Trendline article — Career trader Tom DeMark has developed a consistent approach to drawing trendlines from right to left, and using them to predict price breakouts. There are objective criteria behind his approach; he doesn't just draw ...

"Trend" , how do you actually trace the current trend ?

A New American Century? Iraq and the Hidden Euro-dollar wars — There are some articles that America ought to read on this subject. This short missive is from Bloomberg, July 2007: Iran Asks Japan to Pay Yen for Oil, Start Immediately ► Iran ...

Sweet, sweet Oil

Toyota to introduce 'carbon neutral' cars — I just read an article about how Toyota is designing "carbon neutral" vehicles that will run on,among other things, wood chips. (This is of great importance, considering that a run on biofuels has ...

Sweet, sweet Oil

Advice from a rank amateur... — There are some sound money management rules in this article from Technical Analysis of Stocks & Commodities magazine: "Even the best trading systems will only be right about 60% of the time. So for every 10 ...

Gamblers live trades