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magicfx replied Oct 28, 2006had the same thought myself, though i would want to see what economic data is to be released on monday before placing a trade, to see if this trade had anywhere to run after any sort of retracement/reversal. I also noted there seemed once again to ...
Is this the big reversal point for the dollar?
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magicfx replied Oct 26, 2006when i first started demo trading i tried a trade on the isreali shekal and lost $50,000 in a blink of an eye, never tried it since LOL! but good luck
Exotic pairs are wild!
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magicfx replied Oct 23, 2006Hi Jim, And Welcome to Forex factory, its great to be able to have a tax expert on board. I am a uk resident where there is no tax on betting, but an income of any sort is taxable, so i understand. My broker is FXCM and my account is in the U.S. Can ...
FF Trader Tax Thread
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magicfx replied Oct 23, 2006you dont need a text book, just look at the numbers and watch for the trend prior to release, last week netted me over 3000 pips, and yes some trades were multiple contracts, and if i am wrong i dont trade ( i have been wrong twice over the last two ...
Somebody understands why the market is so weird and slow today ?
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magicfx replied Oct 23, 2006in short i enter 5% of my capital, but not all at once, I enter the trade hours before the news release, when the trend starts heading in the direction you would expect according to consensus, and i take as much as i like, and get out before the ...
Questions to all News Traders out there
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magicfx replied Oct 23, 2006yes but they have not called an end to interest rate rises, which in itself adds value to the dollar. Remember as we are on the ramp up to christmas and with fall fuel prices the data releases are somewhat conflicting at the moment, and if there is ...
Somebody understands why the market is so weird and slow today ?
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magicfx replied Oct 23, 2006the markets are responding to fed comments regarding interest rates, see bloomberg, the fact that the movements are slow is typical of the weeks trading before fomc and nfp
Somebody understands why the market is so weird and slow today ?