Australia covers the Asian open, the London open, and the NY open during a "normal" human day, i.e, 6AM - 12Pm. Bed time is Dead Time. It's wonderful; plus the women are gorgeous!

Trading in California (PST)

You're not the only one, for sure. Cali's a great place to live and the worst TZ for trading FX on the planet (the best is Australia). I've wrestled with this for years, would be wealthier than Gates if not here. I see 2 choices; either move or find ...

Trading in California (PST)

Wrong

Desperately seeking a good DAILY Trading System

I say again - "Long Term," the higher interest rate wins. You still need the guts to trade it.

trading to make interest

Consistently identifying breakouts is the essence of profitable trading. If you're really, really good at this, I would suggest loading up; not pussyfooting around.

The best way to trade is one trade a day

I neglected to mention one very important fact, to whit, the higher Aussie interest rate, swings an AUD long (heavily) in your favor. If fundamentals remain (fairly) constant, then a buy and hold makes lots of sense, as long as you have sufficient ...

trading to make interest

Yep, just ask the "Japanese Housewives" who made a bundle on a falling Yen, but were not so quick to dump it on the risk aversion reversal of the last few years.

trading to make interest

Carry Trade & Interest — Swano, I now understand the transaction that occurred. Yes, you made an excellent trade by taking a short position in EA. However, you did not make 20% interest, you made 19.99% "profit" on the trade, and about ...

trading to make interest

Hi Swano, Are you calculating correctly? 20% in 2 weeks equates to 500% PA, or greater. Why am I wasting my time trading? Would you please expand on this process; I'd surely like to get in on this.

trading to make interest

[quote=Sutts;3608475]Thanks for the info domino, looking forward to the next installment. It is my understanding too that stop orders are held only on the books of the broker/market maker and are not visible on any external order book. When ...

Domino's Price and order flow trading

Of course the recession is over. Where have you been? It's been over for months. If you're unemployed you have a problem; it's called "productivity." You're gonna have to reinvent yourself. I can now do the same amount of work in my company with 20% ...

Cable Update (GBPUSD)

Edgar, you are perfectly correct in saying the market moves in waves. Yes, I realize everyday that it moves up and down, many times against our trades. You are not correct in saying that hedging allows you to capture these (mini) moves. That is ...

What Happened to IBFX Hedging?

Aja, no need for a detailed description. A brief one will suffice. Is it a state secret? I'm just trying to get by like everyone else. If I'm totally off-base, I sure would like to correct my approach. Any advice from any or all hedgers would be ...

What Happened to IBFX Hedging?

Not a hedge. You've taken a .5 position and chosen a direction, long or short. For some reason this hedging concept throws everyone for a loop. Let's talk about being long & short in the same pair, for the same amount, at the same time. Different ...

What Happened to IBFX Hedging?

Up 35% — Which means that when the hedge was released they were made good trades. What your not saying is you could have been up 70% w/o hedging. Forex hedging is a "zero-sum game;" for every winner there is a loser, 1 - 1 = 0. Forex hedging ...

What Happened to IBFX Hedging?

Partial Hedge? — Can you explain a "partial hedge?" Forex hedging is a "zero-sum game;" for every winner there is a loser, 1 - 1 = 0. Forex hedging is an "infinite opportunity cost;" the market can rise to infinity while (your) equity is stuck ...

What Happened to IBFX Hedging?

EU & EG shorts — $EURUSD short @ 3488 & 3476 $EURGBP short @ 8871

EURUSD

IBFX Hedging — One reason they stopped hedging is it's a worthless piece of garbage. (1 - 1 = 0). You can't have your cake and eat it too. BTW, if you insist on perpetuating this "urban myth," I know of several US brokers that have ...

What Happened to IBFX Hedging?

Peter-FX re Hedging — "After a sell is closed and the next is opened, I then consider putting a buy-stop above the price action". If your buy-stop is hit you are hedged, at a loss. A buy-stop or a simple old stop-loss, it doesn't matter. You ...

AUD/USD

Peter-FX re Hedging — Peter, thanks for your detailed response. I'm not sure I understand it, however. Are the Buy and Sell lines at the top, positions or orders? If they are orders then you've set up a straddle and it makes perfect sense. If ...

AUD/USD