Very good analysis. A lot of times we forget that these reports have more into them than just the maint number. Remember what happened last NFP? The number was 51K which was horrible but the revision of 60K for the previous month made a rally. This ...

Empire Manufacturing

I would defintely not trade any USD backed pair for at least 15 minutes. These types of fundamental news is the trickiest to trade since you don't have a number that comes out that people react to. Since it is a report there could be a hawkish ...

Trading FOMC minutes

Don't ever assume a certain news will create a certain move in the market. In theory it is correct that certain reports should cause an equivalent move in the market but I've been killed by this many times which is why the key is to wait at least 15 ...

Explanations of economic indicators

USD/CHF Trade setup — Here is a setup that meets all the rules that has been stated by different people. See what you think. It is the USD/CHF, we had the 5/12, RSI cross. Price closed thorugh the Vegas tunnel and the 18/28 EMA crossed as ...

Bagovino Method

It appears that you need both to happen within a candle or two of each other and as mentioned earlier the strongest signal is when they both happen at the same time. I noticed that if for exmaple RSI is above 50 then the cross happens it turns out ...

Bagovino Method

I completely agree with the above post. If there was a system were it told you were to get out down to an exact pip number it would become the most popular system. All systems have to be dynamic in a market were the first rules is that anyhting is ...

oh soooo close!

If they coincide I trade the crosses, for example the jobs data comes out at 7AM for the CAD and 8:30 for the USD the same day. Typically I will trade the EUR/CAD or CAD/JPY for the CAD jobs. Don't like to trade the USD/CAD after CAD jobs and before ...

CAD economic news

Now that I know what FOREX is about I would take the job based on what my needs are. I am not sure what they are training you for but I knew one guy who was working for a big bank and they sned him to a FOREX training seminar that would normally ...

forex careers?

Which pair did you trade?

New profitable System - Sidus

Basically the Vegas systems and the other systems that have developed based on the Vegas, also started looking at the Sidus system.

Best Intraday Trading System

I figured the WMA, Weighted Moving Average, When you say trade only when tunnel is extremely narrow can you say what amount of PIPS classifies a narrow tunnel based on your testing? It looks like the strong trades the tunnels were less then 3 pips ...

New profitable System - Sidus

I have not used MT4 for long, what kind of MA is a WMA? I never came accross it before.

New profitable System - Sidus

I think both the EUJR/JPY and the GBP/JPY bare watching for a sell signal. Both are in a range pattern, the 8 MA has a nice distance from the 55 MA and both have been having lower highs and lower lows over the last 3-4 bars.

EJ_4H method

Has anyone developed an indicator that alarms when a arrow shows up on the chart?

EJ_4H method

Wouldn't we have to wait until the 8 MA is above the 55 MA to even consider a sell according to the design of the indicator?

EJ_4H method