1. The Bid/Ask is the spread. The ask is the price that you buy at and the bid is the price that you sell at just as in spot. 2. Some argue...
What is the deal with this 16 year boy on a first date simile? :D
Finally, 1.1900 EURUSD broken in the early hours of the European market. Now trading at 1.1877/80. Key levels to look for are 1.1866 (7/5 low)...
Thank you, quickturtle. We saw 1.3066 USDCHF high in the American market this morning. It is at times like this that I find it hard not to take...
I remember reading his book "Investment Biker" and reading about him in "Market Wizards".
Maria, the trend is your friend. Triple bottoms are rare in forex. Right now in the Asian market EURUSD is under fire. I am sure that there are...
I really do think that the doomsayers are making it worse than it is. So doomsayers, let me ask you this. How come Canadians are allowed to...
I am long USDCHF at 1.2815 since Sunday. I am looking to close it out around 1.3227 (4/25/04 weekly high). This should correspond to about...
They told me that they are part of the Refco Group, which is regulated by the CFTC and registered with the NFA. NFA# 0198028. What I find...
Chapter 9 from "Pit Bull" by Marty Schwartz. The broker went under, but clients funds were not touched. I know. That is a futures broker not a...
Hopefully, Baltimore doesn't get blown up. I like eating soft shelled crabs. :D
I understand that there is no governing body in forex. However, these retail forex brokers are regulated by the CFTC in America. It is a grey...
If Refco FX has filed for bankruptcy, then can they touch customer's funds? Does being regulated by the CFTC and NFA mean anything? If it does...
What is the compensation package? 20% of profits? Health and dental insurance? :D Any perks?
Areyoukidding, I am not worthy. The entry point looks good, but we all know that entry point is only one half of the trade. Exit point is the...
Thank you Zastaber. Now back to business. It is the start of the American market. USDCHF traded as high as 1.2941 in the European market. Now...
Just woke up briefly from my sleep to check on the forex market. USDCHF and USDJPY now trading at 1.2913/18 and 114.63/67 in the European market,...
Di nhien minh la dep trai. Sakimonohito la nguoi Nhat ha?
Long USDCHF at 1.2815 this Sunday afternoon. I have decided to use the selloff from last Thursday 1.3019 as a buying opportunity. It is...
I am long EURUSD at 1.2130.
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