You don't need a news service - look at the forex factory calendar. If you don't want to trade during news announcements, just don't trade any pairs or any pairs high correlated to the currency the announcement is related to that have a red impact ...

please help with your comments on my system

I would not recommend trading news as soon as an announcement is made, as the market doesn't always react as expected - therefore, a news service is not needed, as well as other pitfalls such as widened spreads, spikes, etc. When I used to trade ...

please help with your comments on my system

This is similar to the Bollinger Barbeque thread, but it's more detailed: url

Bollinger Bands Range And Trend Trading

Limit orders vs. Market orders — I started using a directional approach trading the London open and opening the trade instantly if I observe the signal on my chart. Let's say you enter a limit orders 20p above/below the current price vs. doing ...

A Simple London Breakout

Read this: url

Fundamentals and their effect on forex

Comparing SSI readings with correlation table — Jason, I think a good way to filter the SSI signals would be to use the correlation chart and the most extreme SSI readings. For example: Most extreme SSI reading over the last week has been ...

FXCM/DailyFX Signals and Strategies

Jason, Are you implying here that trading fib retracements aren't useful?

FXCM/DailyFX Signals and Strategies

When I used to trade news, I had most success using this method from post #3 in this thread: url

How do i trade using news?

The old saying about opinions applies here, and yours is no exception.

My Story, Need Advice

You know nothing about my personal situation to make a comment like that.

My Story, Need Advice

Read this blog by ff member Far East Man: url Also, excerpt by Binnooh: url "If you risk 5% – you will wipe out as soon as you have 20 consecutive losing trades – 1 chance in 1,048,576 (about a million) If you risk 2% – you will wipe out as soon ...

My Story, Need Advice

Go back to demo. Read the 1st post in the James16 thread: url I've been demo trading almost 5 years, still haven't put the 1st penny on the line. Good luck.

My Story, Need Advice

While it's not an indicator of what's better, but just interesting to note, I looked at the last time everyone in this thread last posted through 8/9/09, and the vast majority of them that said they were daytraders or advocated daytrading, haven't ...

Day Trading vs. Swing Trading vs. Position Trading

What is difference between RPM indicator and FXCM's SSI?

Retail Positioning - The Ultimate Contrarian Indicator

Jason, Let me know if my interpretation of the chart is correct: 1) If the green line is above the red line, it means more traders are long than short, and thus price should go down. 2) If the red line is above the green line, it means more traders ...

FXCM/DailyFX Signals and Strategies

Filter — Here's a method I came up with to filter the bar values using a modified laguerre indicator: 1) Enter long when long bar value > 10 and if laguerre increasing and crossed above either .15, .50, or .85. Exit position if laguerre ...

Trend-spotting

IMHO, I don't think this method is suited for a break-out type strategy, as it's for "trend-spotting", and just wasted effort to do a limit orders when a signal is generated.

Trend-spotting

Jason, What if a high percentage of retail traders are using SSI to base their trades? If so, then seems to me it's basically worthless. I compared many of the of weekly SSI reports from this thread with actual charts for the week following the ...

FXCM/DailyFX Signals and Strategies

Beat the Forex Dealer - by Agustin Silvani

Good book about Forex?

I tried to undo the previous restore again, and for some reason, this time it worked. Thanks for all the input.

EAs lost during system restore