I received an advertising email today from another FX Market Maker/Broker telling me that they have a special offer if I am opening my account with them and transfering my money from a RefcoFX/FXCM/ACM account. Can you just believe it? The title of ...

All withdrawals from Refco FX "frozen"

It's really strange that the only term you picked as an example is actually a famous reversal signal What other terms do you mean?? I am not familiar with some terms as well and you won't find them in glossaries as far as I know. If you got a ...

Reversal Signals - Lets compile a list

Refco Inc. filed for Bankruptcy. Here's the story: http://biz.yahoo.com/rb/051017/finacial_refco_chapter11.html?.v=1 They are also in talks with JC Flowers to sell them their futures brokerage unit. Story here: ...

All withdrawals from Refco FX "frozen"

You are decreasing the leverage and thus decreasing the profit potential. If you want my opinion, buy assets, invest in stocks and bonds if you have a large amount of capital, they will almost bring you the same rate of return and maybe higher than ...

Trading without stop loss?

This idea has been discussed once before by a member called quinn. I think you will need to email Merlin or quinn, they will be able to tell you what exactly happened better than anyone else. Thanks, Nader

Working together as a team

If everyone is using exactly the same trading method, entering the market using the same signal and exiting at exactly the same time, then when the signal of such a system comes, price will jump or fall sharply as all traders are trying to get into ...

Why traders don't disclose their methods

Merlin booklist can be found here: http://www.forexfactory.com/index.php?page=contest Btw, this is not an off-topic thread, but it seems that we are so happy with the new Members' Lounge Thanks, Nader

Forex Litterature. Any recommendations?

Poor Shareholders Thanks, Nader

Refco debacle

Ya I am watching the dollar move down and wondering what is happening Thanks, Nader

Refco debacle

I usually leave and stop trading when I witness an ugly day from it's very beginning and thank GOD that it has been ugly in the beginning What do you usually do in such cases ? Thanks, Nader

Is it just me or is cable acting random?

I am not closely watching the GBP/USD, so I can't deeply analyze the price action as you might do, but I know that price has the right to move where ever they want, and to choose the way they want to move and the method of moving without informing ...

Is it just me or is cable acting random?

And the larger the number of shareholders who get hurt. Thanks, Nader

Refco debacle

Enron WAS a very BIG company someday in the past Thanks, Nader

Refco debacle

My view is normal directionless movement in the price action. Can you ever interpret directionless price movement another way rather than directionless or random Thanks, Nader

Is it just me or is cable acting random?

I can't understand, are you saying that you see today as random in cable??? Can you post a chart and reveal your point?? Thanks, Nader

Is it just me or is cable acting random?

Fluent in speaking forex, that's really a nice expression and true at the same time I believe. If you want to be fluent in speaking forex, then all you need to know is the alphabetic and the grammer, and some expressions, and that's all Don't you ...

Back to basics or information overload?

Ya I agree to some extent. The most currency which is commodity driven is the CAD. The bond between the AUD and the NZD and the commodities is weaker. Gold and Copper are the major commodities that affect the Canadian economy, but I doubt Australia ...

I have forgotten which pairs are "commodity based"

Commodity driven currencies are those currencies who are affected by the rise or decline of the prices of certain commodities, like Gold, Copper, Platinum and Oil. Because the economy of such countries is dependant on those commodities, their ...

I have forgotten which pairs are "commodity based"

I think that's a trend continuation. Thanks, Nader

Today's Euro Plunge

Well, to some extent I agree with Merlin that MM is being made complicated than it should be. As simple as it gets, as better it will work, that's what I believe. There are always 2 types of trades, high probability ones and low probability ones ...

Money Management Strategies