Thanks for responding to my post. — Hi Dave. Received an e-mail from you responding to my post. You wrote that one can trade tops and bottoms, and I know successful traders who do. Others say it can't be done consistently. What I've noticed ...

My trades by Dave

The Joys of Trading — Quotable: The Joys of Trading The speculator who selects his commodity trade after examining what he believes is the relevant available information on supply and demand is known, in market language, as a fundamentalist. I ...

Greg's Journal

Caught fast-moving GBP this morn. — 14:45 (EST) Enterprise log: Almost over before it began, after long quiet hours the cherished volatility came into view this morn. Could have got in at hrly oversold 7440, waited. Set up support and ...

Greg's Journal

No news is good news? — 09:20 (EST) "News" turned out to be a non-event, passed on making a trade. Will take a look at Asian opening, JPN related news. Yawn. Some are happy with 10-20 pips, as they should be consistently, haven't really seen ...

Greg's Journal

If interested in broker/dealer ratings — If interested in broker/dealer ratings, there's a truckful of info @: www.goforex.net Look under Forex Broker Ratings and comments following. Nobody is happy with their dealer. Must be a thankless ...

Maximum amount you would keep with your broker?

Expect to surf the wave — 03/23: Expect to trade the wave of news later on, USA Unemployment, existing home sales, etc. (Great calendar at Forex Factory. Many kudos). If interested in broker/dealer ratings, there's a truckful of info @: ...

Greg's Journal

You've answered my question — Thanks, Wayne, you certainly answered succinctly. What prompted my question was the consideration of volatility, always dear to my heart. Thus I've tended to stick with the majors. You've squared the debate. See ...

Greg's Journal

Big moves since 08:30(EST) — Question: Wonder how many traders on this site are day-traders, how many trades are made a day on average? Or how many just trade the long-term trend? A big flurry of trading at 08:30(EST) based on the news, ...

Greg's Journal

Closed EURO/USD @ 2155 — 9:07(EST) Closed EURO/USD position when it stalled @ 2160 and quickly turned south. U.S. news @ 08:30 positive dollar, negative position. Very important on short trades to be in lock-step with what is happening on ...

Greg's Journal

05:10(EST) Bought EURO/USD about three minutes ago — 05:10 (EST) Someone dumped money on EURO/USD a few minutes ago and it blimped to my alert/trigger above short-term channel resistance @ 2150. Placed buy @2147 with an eye on 2200 more or ...

Greg's Journal

Bought short-term EURO/USD @ 2120 — 00:30 (EST) Bought EURO/USD on the range @ 2120 for short-term trade (20pips+ profit est. sets STerm trigger) to 2140+. Will price make projection or price continue down? Condundrum. That's the risk, but may ...

Greg's Journal

EURO/USD would have been a good short-term trade — EURO/USD call last post would have been a good short-term trade & then some. Still waiting for an area to buy long (50-100pips), may take short-term range trade (+20pips) if setup develops. ...

Greg's Journal

Very tempting to make another range trade... — 13:35(EST) Very tempting to make another quick trade. EURO/USD is at the top of the range again at 2175-- a 20pip channel that has been southbound since 05:30, and looks primed to return to 2145 ...

Greg's Journal

Intend to go long EURO/USD — Enterprise Log: 11:45am (EST). Intend to go long EURO/USD (looking for 50-100pips+) if price corrects below 2150 or so, then returns convincingly back above -- or establishes new high above recent 2195/2200 ...

Greg's Journal

Day Trading, The Hardest Game in Town - & my trades as they happen — Refer to my GPB/USD thread(s) on this forum, especially the article on page 2, posted yesterday, Day Trading: The Hardest Game in Town. I'll use this new thread from now ...

Greg's Journal

Day Trading: The Hardest Game in Town — As a followup to my recent posts (and comments from other traders), I came across this perceptive article. Right on the mark. Day Trading: The Hardest Game in Town by: Edward Allen Toppel Advice from a ...

Greg's Journal

There's plenty of money to be made... — Quotable: "There's plenty of money to be made when your trading systems are in sync with the markets." FuturesTech pty Ltd. 2006

Greg's Journal

100% accurate system is eye-popping. — I have a Santa Barbara friend who has made millions watching the Bloomberg tape run by at the bottom of his TV screen. His system? Frank gets a "feeling" about what he sees, then makes a phone call to his ...

Greg's Journal

GBP/USD update and other musings — 00:10am (EST). Placed very short-term buy @ 7530 (5min/15min Chart); price popped to 7550, closed position. May do this a couple more times (choosing not to do a reverse trade back down however; at some point ...

Greg's Journal

Nice GBP/USD move this morning — Enterprise Log: "Beam me up, Scotty." GBP/USD has been in an uptrend mood for a few days. Got on board again @ 7440 (see other posts for thread of events), took the ride until it stalled. Re-entered @ 7490 ...

Greg's Journal