lol what made you so cynical about technical analysis? Never knew how to use it correctly eh? I'm sure all you'd love to hear is how technicals are never used in this market and how they not work but if you decide to put your bored mind (as you ...

Fundamentals stuff

Well jacko went short at 1.4130 lol. But now at 1.4097 i wouldn't tell anyone to go short since it's friday and there's a considerable difference between 1.4130 and 1.4097. Although the market is looking bearish.

Jacko's Forex House of Pleasure and Pain

I find that hard to believe.. if "trading" capital consisted of only 1% of the forex market the technicals would probably not work. But we see S&R lines and fib lines working all the time.. kinda hard to imagine that 1% of the volume could influence ...

Fundamentals stuff

Yes, and that's an understatement. Sometimes i disagree with the directions he sets on his blog but i don't dare trade real money against him.. more often than not i'd get busted lol. Then i ask him why he believed the market was going x direction ...

Jacko's Forex House of Pleasure and Pain

Yes, and thanks god for self fulfilling prophecies.

Is this analogy correct?

... and if you decide to take the big run after him, when you get to him and you think you catched him, he will swiftly slip from your arms and run away in the opposite direction -unless you wait in the bushes for him to tire, stop a little and ...

Is this analogy correct?

Well then in your opinion the future for human traders is either to retire or to become programmers... good to know that someone with knowledge in programming thinks like this too (well it's actually bad because gives more confirmation to my fears). ...

AIs vs Human Traders

Good reply, Ronald. But the question of whether machines will get better than humans at spoting inefficiencies in the market in the coming decades still remains. I believe they will, it's almost impossible, with their future computing power, that ...

AIs vs Human Traders

The thing is whenever one gets consistently profitable and has an account with enough size to live very comfortably off his trading income there's no reason to stay in one of the many countries with a suffocating inefficient government. There are ...

NFA- are they worth it?

I agree with what HouseTrader said (i'm also brazilian). I would like to add that capital gains tax here is 15%, while it is nonexistent in Chile and Argentina, which are also relatively good places to live according to the items you've laid down.

Best place in the world to trade from?

That's because they didn't adapt their trading to the changing market conditions. They lost their edge before they lost their accounts. O I agree with that. No need to hold one's entire capital in a broker's account.

Withdraw or re-invest?

Why make all these calculations? The odds of losing it all, if you have an edge AND use good MM, are statistically negligible (unless you trade for like millions -probably much more- of years). There's no need to worry about it. I'm yet to see any ...

Withdraw or re-invest?

ZzZzZzZ... gonna have to wait for the english to wake up and shake this ranging thing.

EURUSD

Thanks for the explanations, but i've tried out Dukascopy and their trading platform is so much simpler and has everything i need.

my experience IB and dukascopy

I think it won't break the 4100 resistance.. we'll see.

Jacko's Forex House of Pleasure and Pain

Can someone explain to me how to place simple stop loss limits, trailing stops, and stuff like that on this damned thing IB calls a trading platform? Theirs is hands down, by far, and i mean really by far, the most complicated/uncomprehensive ...

my experience IB and dukascopy

Ok thanks guys.

Which Broker?? IB TS MBT ???

Hi, i've just created a demo account on Interactive Brokers. Can someone explain to me why the hell all their currency feeds are off by some 150+ pips? While EURUSD is right now at 1.3867, their platform is saying that it is at 1.4033! USDJPY is at ...

Which Broker?? IB TS MBT ???

23. God i'm good!

Last words of a trader