Yes, you can do a little detective work and figure out which currency is weaker. In your USDCHF example I would look at other USD pairs rather than other CHF pairs. 90% of all Forex trades involve the USD so it would be easy to eliminate that as a ...

Trade with one currency

The value of a currency is relative and as such it has no value unless compared to another currency. One Yen, or any other currency, is useless if you cannot exchange it for goods, services, or other currencies. The US Dollar has an index where it ...

Trade with one currency

Yes, that's from my phone. I don't think everyone cares what apps I have on my phone. If you have specific questions PM me and I'll try to help out.

Storm or Bold for mobile trading?

Get an iPhone and remote into your desktop. (and I can kick your a$$ in tennis between trades )

Storm or Bold for mobile trading?

Why would you wonder deeper into the forest to find your way? You're only going to see more trees and get more lost.

how do you handle retracements?

You just said absolutely nothing. Are you a market analyst by any chance?

macd divergence on DJI - The Bottom?

A pip is defined as the smallest tradable increment. When brokers began offering fractional pips (5th decimal or 3rd decimal for JPY pairs) the value of a pip changed but not all brokers respected the definition. Some brokers call a pip 0.0001 and ...

Pip value calculation?

Swap rates are usually expressed in currency (dollars) or pips. Percent usually refers to the interest rate differential (IRD). You can't get $30 per contract on the EURUSD. As a matter of fact, you would be lucky to get $3. In your particular ...

question about swap rate

1. Look at chart 2. Find trend 3. Trade with trend 4. Ignore news

how to trade with the news

The first line is the difference between the 12 and 26 EMA (called MACD)while the second line (often called the signal line) is the 9 EMA smoothing of the first line. The histogram represents the difference between the two lines (MACD and Signal). ...

Need Help on MACD

I guess if you play with the MACD settings long enough you can make it look like anything you want. With default settings I would be more excited about hidden divergence pointing to a lower market.

macd divergence on DJI - The Bottom?

This document was most likely written when there was an interest rate differential. With most global rates at or near zero there is no retail swap rate and as a result this won't work. Even if there is a small swap rate your broker usually keeps ...

Hedge / Swap interest

Several well respected technical analysis books suggest that anything inside of 3ATR is market noise so try placing your stop at or beyond this level. Regardless of how good you think you are always use a stop...now and forever.

The StopLoss...

There are enough errors in these statements to start a whole new thread. I would advise anyone wanting to learn options to not start with this kind of misinformation. I am not going to waste my fine Sunday morning correcting all the errors. I can't ...

Not even close to a bottom!

NinjaTrader has a global crosshair feature.

Lock The Crosshairs

It is

[survey] scapling 10pips avg a day, do u think possible?

This is the same media that didn't see a global financial meltdown occuring. Do you really think they are organized enough to collectively manipulate the news? Tom Williams is playing on new trader's fears that everyone is out to get them. The only ...

Don't get sucked in by dollar strength

The US Dollar is up over 13% since Christmas. While you fundamental guys sit around and tell each other how smart you are the rest of us are trading the charts and making pips. Keep up the good work.

Don't get sucked in by dollar strength

While I can't compete with the 18 year old mind of a self-proclaimed trading prodigy, I've yet to find a way to trade without buying and selling...in any market. But then again, I've only been doing it for 23 years.

Not even close to a bottom!

Hey fxterrapin did you go to the University of Maryland? I agree that we aren't all that close to the bottom of this mess. Historically speaking, the P/E ratios are still way too high to call this the bottom.

Not even close to a bottom!