I would interested to learn about this too.. The dollar fundamentals look quite weak, possibility of more rate cuts.. but to be honest I know very little about the turkish economy.. it would be good if someone could shed some light on this for us :-)

money management of USD20k

I look at daily/weekly/monthly charts, but I put a lot of emphasis on the fundamentals.

Anyone here hold positions for weeks or even months?

I trade long term speculative positions and I trade the daily charts. I occasionally trade major news events if there is a good opportunity. I am going to test a scalping strategy for a while on demo too. Pete

Anyone here hold positions for weeks or even months?

thanks for the input.. I guess there is more volume on those time frames.

+$40 in rollover everyday

Personally I use trail stops, because I have found they work better for me and pick up more pips in the long run.. but it might be different for others. One thing I never do is let winners turn into losers..

Trailing stops vs. Moving up your stop loss manually

If you were a pro trader, would u be asking us for broker advise *puzzled*

i want 400:1 or 500:1 leverage with metatrader platform

Yes, I do.. I have a few long term speculative position. I shorted USD/CAD at 1.1800 in feb using very low leverage and I'm still holding it, I will probably close it soon. One of the big reasons I took this position was because the Canadian ...

Anyone here hold positions for weeks or even months?

i know what u mean.. I started trading 15 min charts years ago when I started.. I just ended up losing. Though back then I had no discipline or proper trading plan.

Simple 5 / 8 moving average crossover

follow the broker link in your post, i think that might help you.. Pete

Broker Requirements

its some kind of eurusd gbpusd hedge?

Analyze profitable live trading from a professional.

OUCH! now that does look uncomfortable!

Cable Update (GBPUSD)

will do.. Have you tried it on 5 min charts yet?

Simple 5 / 8 moving average crossover

ouch.. sorry to hear you got cheated.. it sounds like a case of fraud.

Can't take profits out of FX Open

I think MT4 could be programmed to do that.. but I am not certain.

Forex Analysis Software question

Yep.. it was on bbc news earlier about merryl lynch posting huge losses. I am sure there are many more banks that have yet to post their subprime losses. Many banks, certainly in the UK took on far too much risk and now they are paying the price.

Cable Update (GBPUSD)

nice pips there :-) I am going to test it on the 5 min charts on my oanda demo next week

Simple 5 / 8 moving average crossover

Nothing surprises me anymore.. I am always prepared for anything.. its forex.. anything can happen at anytime :-) Always good to ensure your losses are small if the market moves against your position and ride the trend if it continues.

Cable Update (GBPUSD)

oh definitely.. its important to get the right entry.. If you get in when the trend is starting to die.. you are to late and should stay out until a better entry arises.. Best to stay out than get a bad entry.

Cable Update (GBPUSD)

yeah.. I agree.. 2.05 could be key resistance.. If it is broken it may go and test 2.0650. I thought friday's NFP might have made the dollar close higher against the pound on friday, but it seems nothing can stop this bull market at the moment. I ...

Cable Update (GBPUSD)

yep.. any currency with higher interest rate than the one u are trading against should give you positive swap. Though in practice this often is not the case with some retail broker, because they often take a slice and if the interest rates are ...

positive interest pairs