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squat1962 replied Jul 28, 2006Yes, yes and no. The "no" is watch especially all orange and red news events;however, the yellow events can impact as well. If you are in a profitable position prior to a news release, I recommend tightening your stop loss, the news may have no ...
How news affects trend trading
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squat1962 replied Jul 27, 2006You definitely need to be aware of the spread changes with Oanda. Pretend you have a couple lots long on gbpusd and there is a news release at 8:30est for the united states. Well, I like to tighten up a stop loss around news time... however, with ...
OANDA users...how do you profit when spreads change
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squat1962 replied Jul 18, 2006Hehe........... oh my that sounds ridiculous to me. Crap, you probably actually profit with that earth muffinish approach. Can I buy some herbs from you?
just kidding. happy trading.gbp/usd going to 1.81?
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squat1962 replied Jul 13, 20061) fill my orders as I determine the boundry violations. NOT requote me during volatile periods keeping me out of the market until the time is "just right"............. for the broker. 2) close my orders when I ask them to be closed. 3) be a ...
Brokers selection criteria
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squat1962 replied Jul 13, 2006Not a trading comment;however, I want to thank SirPipsAlot for making me laugh my @ss off with the great icon. Man, you look alot like that David Hasselhoff guy. Can you help me meet some of those Baywatch chicks? .......... please?............
How do you trade news?
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squat1962 replied Jul 13, 2006The Straddle strategy is not for me...... whipsaws dish you not 1 but 2 losing trades. Gee, could that happen? It is unlikely, but it SUCKS so bad that you will never straddle again. I expect a market response, but with interest rate adjustments.... ...
Central Banks Watch
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squat1962 replied Jul 4, 2006I am unfamiliar with the course you are using; however, don't risk that much of your margin at one time. Jeez, I scalp the news and I don't risk that much on trades that last less than 5 minutes quite often. good luck
Newb question about equity and Wealth builder
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squat1962 replied Jul 3, 2006kimmie "fundamentals" imho are simply evaluating the news reports and how it will affect your trades. If you are a hard core technical trader, I strongly recommend you find out from the calender on this forum exactly when those reports are being ...
close to quitting...
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squat1962 replied Jul 3, 2006kimmie, assess the amount you are trading. Losing almost half of your account is soooo common with the crazy high leverage accounts. I would challenge you to open up a Demo account that is NOT a mini, personally.... I like the Oanda corp. and they ...
close to quitting...
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squat1962 replied Jul 2, 2006Read through the forums and internet .... see who NOT to use. Other than that, you need to do your own homework to be happy with the choice. Good luck. ps-spellcheck, bud.
..... who am I kidding, I make type-0's all the time.Please advice me a good forex brooker
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squat1962 replied Jun 29, 2006Definitely check the economic calender for any day you are trading friend. A small stop loss adjustment prior to news time can save you a bundle. Personally, I took a late lunch hour so I could drive home and trade the FOMC interest rate ...
EURUSD
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squat1962 replied Jun 28, 2006I am absolutely certain you can make a ton of money in the 4X market. I suspect every advertiser in the forum makes obscene amounts of cash....... hmmmm, I guess that's not really what you are asking. Ok, now I am narrowing in on the info you want. ...
Who has become rich trading forex?
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squat1962 replied Jun 25, 2006
lolol. The truth..... an honest person in forex. My forex "revenue" for 2006 will likely result in a lower tax bill here. I snorted some diet pepsi out of my nose when i read your answer.I don't want to pay tax
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squat1962 replied Jun 23, 2006I definitely recommend Trade The News, it is quite fast.... BUT, it is not the fastest service available. There are some other services out there (e.g. Bloomberg, Reuters, etc.) that are supposed to be up to 1 second faster. However, I refuse to pay ...
Quickest News / Economic events feed
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squat1962 replied Jun 17, 2006
I am more likely to teach my dog to crap golden eggs than the liklihood of anyone developing a perfect system. Don't waste your time.... any of it.... worrying about stuff like that. Worry about the true menace. Aliens are controlling our ...100% In 3 days.
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squat1962 replied Jun 16, 2006I only trade with the current established by major news releases. These pairs seem to work well. If anyone successfully trades other currency pairs with the news, I would very much like to know about their experience. USDCAD EURUSD GBPUSD
Favorite pairs. Why? How many?
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squat1962 replied Jun 6, 2006:surprised I can absolutely guarantee you that you will lose money when you start. It's impossible to play and not lose some of the time. The thing I find important is to trade with mini or microlots of real cash. The demo is great for learning the ...
so wht ,can it just happen to me ?!!
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squat1962 replied Jun 6, 2006Thanks for posting the letter. Boy that kind of thing makes me queazy. Good luck getting your money or a portion of it. In my former business, bankruptcy notices from individual debtors I used to receive contained a pleasant reminder that any ...
i have just recieved a letter from court about REFCO
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squat1962 replied Jun 5, 2006
Hey guy! Don't chu worry about that. So what if this is an unregulated market........ ??? We are very fair and trustworthy broker..... What do chu mean our pip spreads aren't even close to what we advertise???....... Yes sir, the mini ...Security of Trader's Funds
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squat1962 replied Jun 5, 2006Look at the other markets. Bernanke speaks and the price of your stock drops a significant % the same day, at least the US stocks I own did. No changes in the company, nothing else... just a news report. News is capable of generating fear and/or ...
Immediate market reaction on news are still the same ?