Hi newbietrader101 I have answered your questions in another post: http://www.forexfactory.com/forexforum/showthread.php?t=9701&page=2 Again, thank you for your kind words.

Hedging

Hi BurgerKing I agree. If a trader had beaten the spike on Friday, he would have been "long" before the rapid, but short, ride up. Then he would have been destroyed on the equally rapid whipsaw down. As a long term trader, I am happy to have a ...

Good source for Fundementals/News

Hi newbietrader101, Thank you for your kind words. I don't know about being intelligent...just more experienced in trading than most here, which is a function of age...I am OLD !! In regards to dailyfx, I was trading live-time there and was very ...

where will the EURUSD be on Jan1?

This was in support of kerberos who stated Whichever broker you trade with, you are trading through their platform. Consequently, their brokers will therefore have an advantage over you. To think otherwise is naive. They are taking the other side of ...

Good source for Fundementals/News

Yo have NO chance trying to trade the news (buy or sell as soon as the news is released)...the dealers will ALWAYS be in front of you. Its like poker, if you look around the room and can't see the patsy, then YOU are the patsy. The faster / shorter ...

Good source for Fundementals/News

Hi craig, "Hedging " to me is simply hiding a loss under another opposite trade...and sooner or later, when the hedge comes off, there is an ugly loss exposed...I don't like that concept !!! (However, to those who use them, I say, different strokes ...

Hedging

mpathare, Congratulations...that is intelligent trading...you are now risk free trading...it doesn't get any better than that.

GBPUSD

Hi waf_1988 What a total farce this makes of the numbers. Fortunately, I am short the Euro but these revisions are just a disgrace!! 230k vs 188k = 22.3% error 148k vs 51k = 190% error To all the researchers in the Dept ...YOU'RE FIRED !!!

GBPUSD

I cannot see ONE reason for strength in the US Dollar: 1. Europe, Britain and Japan have effectively told the world that they will have more interest rate rises than the US ...and the rises will be bigger.... 2. The Pound is now much stronger on ...

where will the EURUSD be on Jan1?

Between 1.2600 and 1.3000. — I believe between 1.2600 and 1.3000. Don't quote me on any conspiracy theories but I believe that that China is regularly intervening to keep the dollar up. Also, the European Community members Central Banks are in ...

where will the EURUSD be on Jan1?

Hi itme. I applaud your persistance in sticking to Elliott Wave theory, in an attempt to find a "sufficiently reliable" model to generate consistent profits from predicted entry point or exit points.<?xml:namespace prefix = o ns = ...

Low Risk, High Reward Trading Experiment

I started trading Forex about a year ago. Have traded futures for much longer (15+ years?). Started a trading journal at DailyFX about 9 months ago.(ONLY FOR PEOPLE IN LIVE TRADES-Jacko's Pleasure and Pain conversations). Lost interest there when a ...

How to enter a trend?

How do you know what the trend is? Firstly, determine your personal trading time-frame. 1. If the graph on the chart starts in the bottom left hand corner and ends in the top right hand corner, the market is going UP. 2. If the graph on the chart ...

How to enter a trend?

Thanks bigballer, $50K not a problem, Any idea of the performance rates etc, Has anyone done an assessment of the Firebird on a "live trading" basis. I will read up on it this weekend. Thanks

The switch from hourly to daily...and the psychological ramifications...

bigballer, I agree with your approach to trading... How did you go with your test of Firebird?

The switch from hourly to daily...and the psychological ramifications...

To everyone, Sorry about the spacing in the post above. I didn't realise that it was so spacey and I can't seem to edit the post.

Low Risk, High Reward Trading Experiment

itme,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o> <o></o> Just some observations, if I may. And PLEASE take them in the positive and constructive fashion that they are intended. As I have said ...

Low Risk, High Reward Trading Experiment

I suggest that this Bloomfield report released at 10 am mighthave had an effect: The dollar rose against the yen as traders looked to next week's Federal Reserve meeting when the central bank is expected to maintain its focus on fighting inflation. ...

damn, this doesn't make any sense

Thanks Typruss, I think that the key to your model is that it works best in strong trending uni-directional markets. However, it is always nice to find interesting new strategies so I look forward to you posting more successful results in the future. ...

Live Account Trades!!!!

I am ABSOLUTELY CONVINCED that this is the best "business" in the world. There are: 1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments...man, what a pain in the ass). Also no office fit-out costs 2. no ...

The switch from hourly to daily...and the psychological ramifications...