I'd be amazed if after transaction costs and trading erros you could make money trading off such a short time frame. I've been trading FX full-time for 5 years now and yet to have the pleasure of finding a way or to meet an individual who has made ...

Scalping 10 sec., 30 sec., M1

The reason for this retracement is probably both technical and fundamental. After a long drop a retracement is due, also note there is MACD divergence on the daily chart. On a fundamental basis Barclays have said that they in no way need government ...

What's Up with GBP?

I can't remember reading anything in the article that said trading or speculation would be banned. It was saying that less power should be granted to these speculators and the markets need to be more tightly regulated..................

Nicholas Sarkozy could be the end of Forex

I think 20% a month can be acheived... however on a cash basis, without leaverage anything over 20% per annum on a consistent basis would be very good. To be making in excess of 20% a month you must be a very skilled short term futures trader with ...

How much money can a seasoned semi-pro make with trading on Forex?

I think we are heading for 2.14. The 78.6 of the 1980 high to 1983 low is at this (2.14) level. This would also mean that the Euro would hit 1.50 at the same time considering the relative daily range of these currencies in comparison with each ...

Has the USD lost its love?

Oil prices have also smashed through record highs this morning and commodity currencies have proved the most significant gainers against the dollar as a result. When will teh CAD stop appreciating? The Canadian dollar has risen by well over 1 pct ...

Has the USD lost its love?

While China selling USD assets might cause the USD to fall further and cause further demand and inflationary pressures for products from the Chinese economy, by diversify into stronger currencies they will be pegging the Yuan to stronger currencies ...

Has the USD lost its love?

Nov. 7 (Bloomberg) -- The dollar slid to record lows against the euro and the Canadian dollar on speculation China's plans to diversify its foreign exchange reserves will involve selling U.S. assets.

Has the USD lost its love?

Yes i have read this before. I want a higher time frame system than will offer diversification my trading. At present I trade futures off tick charts but also two system off 1hr charts for the FX. I am also looking at trading this alternative BAT ...

The Bat...a strategy by Team Aphid

Hi, i have also been looking at this on the 1 hr chart. i use factor and period of 3,3. I have also been trying to improve a way of filtering trades to go with the trend. I believe my inital way of the seesaws might not be sensative enough for this ...

The Bat...a strategy by Team Aphid

Here is a chart which kind of shows what i am talking about. The trade i am referring to is the long trade in the middle of the chart. I am looking at trading this on the daily chart also. This example is actually a bad trade which was stopped out ...

The Bat...a strategy by Team Aphid

BAT and fundamentals — Dear team Aphid... I have posted here a few times before in the past and have been working to try and find improvements to the basic system. At present i am researching on how to use the BAT line as an entry signal and ...

The Bat...a strategy by Team Aphid

I have traded for a firm in the past and am now looking to move back into a firm in the future but as a proprietary trader, i.e i trade the firms money and not clients money. Cheers Charlie

Who here manages other people's money?

I'm still working on this... anyone with any ideas they have TESTED or plan to test?

BAT EA modification

Sound good guys but the only thing i would say is test test and test more......... I'm still working on this BAT system... i've spend hrs testing 18 months of GBP trades now moving on to EURJPY.... after this i'll test another 12 months for each of ...

The Bat...a strategy by Team Aphid