Wise move by having the stop up close. Last nights test of the resistance upward sloped trendline failed. We are currently in a midst to a retrace...
Lemme put it this way....the majority of guys on ET will not reach J.H. status. I doubt this goodboy is some hotshot supertrader ;) so lets not...
I was wondering: Would you rate the market conditions we had on EURUSD, USDCHF, GBPUSD to be a relatively "hard" market to trade and make...
I dont day trade (more of a positional trader). I do agree that you need to constantly monitor the markets due to the 24 hour nature of it and...
Very nice saki. I think I will do some automation work on it to see if its viable.
If the markets can hold their own even after all this disruptions I would be cautiously bearish. It shows market strength and 9/10 times this is...
Loss of momentum, reversal of trend, trailing stop. Any of the above three. No positions today and possibly no positions tomorrow. Going to...
Thats right savant. I am looking into FXDD now which is one of the largest brokers in a bunch of markets in the world. Thats the problem with FX...
Well I am miffed :mad: http://elitetrader.com/vb/showthread.php?s=&threadid=54002&perpage=6&pagenumber=8 Considering their ridiculous spike...
Okay IBFX is retarded. I am seriously considering a switching. Today most pairs showed gaps of over 200 pips-500 pips. One of my systems entered a...
SO what are you?
Typical stop lies around 70-90 pips with a trailing stop based upon pairs in place. This is for both of the systems. Keep in mind I have exit...
Thanks. Weekly Overview EURUSD EURUSD price sitting just slightly above the 38.2% fib retracement area as well as the 200EMA. It will...
Yes discretion has no bearing on my trading. I focus on research rather than trading leaving that to my computer. However, I do believe in...
Yes momentum in the direction of trend where there is a high probability of success in the position.
Yes quick moves are the norm. You have stumbled upon one of the most important basis of my system. When a range is broken the immediate reaction...
Yes it can be traded from anywhere and by anybody which is the reason the small number of elite traders make MORE money than from anyone in the FX...
Been working on one of the strategies I use since February. IT is basically a cumulative result of all the work I have put in since then.
Yes it is possible. That is what I personally do to trade. One of the key factors in FX is its fast pace. You must be on your toes and monitor...
Yes the spreads remain the same even during NFP. I have traded with FXCM previously and many times my stops were dishonored and trades took 10-15...
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