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- 156 Results (11 Threads, 145 Replies)
- ngdaniel replied Sep 7, 2006
In the midst of a stressful trade, I don't see how you can see what you need through the many lines and patterns that those indicators provide. It is not offensive to share information, unless it is a personal attack. You are entitled to your ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Stop Loss — I trade with a stop loss just like everyone else. My order is placed before high volatility so the stop loss order has to be honored. If the trade goes against you because volatility skipped your stop, minimize losses. You will ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Questions on other trading systems — I was just reading other posts and viewing the charts attached. The question that comes to mind is: How can you understand all those lines? I understand that the brokerages give you all those indicators for ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Good luck to all traders on this report — This is the best call I can make without overnight trading information. I'll stick to the Sell (Short) order on the USD/CAD pair. Everyone should thank Burger King for the detailed analysis provided in ...
Canada Employment Report
- ngdaniel replied Sep 7, 2006
It was done to encourage community members to read a summary of the thread but I'll calm down a bit.
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
System Lessons To Remember — READ, LISTEN, AND WATCH THE FINANCIAL NEWS THINK FOR YOURSELF PREDICT THE DIRECTION FOR THE NEWS ANNOUNCEMENT AND ONLY STAY IN THE TRADE FOR THE FIRST SPIKE. The first spike is the expectations spike and not the ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Read my other postings and you will understand why I don't see what a bad broker is. In short, the rules for fundamentals trading is that the broker does not guarantee entries during high volatility. On the flip side, this means they must guarantee ...
News Trading Broker
- ngdaniel replied Sep 7, 2006
See my other postings — Canada Employment Report url Read my question: url
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Usd/cad — Although it is too early to determine because I have no morning news yet, I feel that at this time the employment release will cause a positive market reaction for the CAD. Therefore, I recommend a Sell ( Short ) of the USD/CAD pair. ...
Canada Employment Report
- ngdaniel replied Sep 7, 2006
Welcome to the group — Welcome to becoming a free, intelligent thinking person. The USD has gained strength all day against the other currencies. It has been an amazing trading day.
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Throw Another Shrimp On the BBQ?? — What impact does the Crocodile Hunter Steve Irwin's legacy have on the Australian dollar today? You know it is going to affect the market. The Crocodile Hunter TV series is shown in 140 different countries ...
Today's AUD Trade Balance Report @ 6:30pm[pst]
- ngdaniel replied Sep 7, 2006
Possible Delay Explanation — Maybe the delay has to do with the people trying to get their kids to school on time. It seems to happen at the beginning of the school year. Next will be the daylight savings time change and people being forced to ...
Delayed reaction of news events????
- ngdaniel replied Sep 7, 2006
Sorry Peter, I have been responding to so many postings on this topic that I may have missed a meaning here and there. Posting is exhausting.
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Peter, If it wasn't easy, I wouldn't do it. In-depth research and analysis doesn't seem easy to do. Why do that when Bloomberg TV, CNN, and CNBC's Squawk Box does it all for you? They do the research, talk about it because they want to create a ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Not Even Close — I don't trade a generic "system". Become the "system". I give you the most simplest "system" of all. It is readily available to every intelligent thinking person who has the basic skills of reading, writing and arithmetic. Let ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Congrats!! — Great work!! You are now part of an elite group of individuals who think for themselves rather than rely on some system of trading. As you can see, the media tells you the direction of currency for the day. You are not only doing ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Break-Even Analysis?? — Every call you make on direction is a 50-50 chance. I would say that as long as you are 80% correct, you should be okay because: Let's say you start off with $1000 and you lost 50%, you would have $500 left over. What ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
I'm sorry but I cannot answer your question. There are many factors to consider when trying to break even. If someone can answer this vague enquiry, please do so. I can't with the limited information you have provided.
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Peter, Do whatever works for you. If your test works, keep doing it and show the community your results. If I can help, let me know. I have found that entries are easier when you are in the right direction or it could be a psychological thing. Keep ...
Predicting direction of economic releases
- ngdaniel replied Sep 7, 2006
Forex News and Press — Merlin suggest earlier today that I post my AUD/USD trade before volatility but I didn't have enough time. I had about 5 minutes and I needed to get my trade into the platform. I will try to post trade predictions in the ...
Predicting direction of economic releases