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TradeWell replied Oct 23, 2008Hey, as a newbie, am I crazy to trade right now? Made a few pips but market doesn't seem settled - correct observation?

EURUSD
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TradeWell replied Oct 22, 2008Would a successful retest be roughly within 5 pips of the line?

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TradeWell replied Oct 22, 2008OK thanks - always interested in checking out new indicators and systems.

EURUSD
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TradeWell replied Oct 22, 2008Cobra, I checked it out, looks interesting. I have a question - is the 10 pip move based on the previous candle's close or based on it's high/low?
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TradeWell replied Oct 22, 2008To me it looks like a symmetrical wedge, not a descending wedge.

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TradeWell replied Oct 21, 2008Is another bubble forming while one is bursting at the same time?

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TradeWell replied Oct 21, 2008You may be a victim of the spread. Your computer may show bid price when you really purchase at the ask price. Price can appear to touch orders, stops or limits without triggering them.
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TradeWell replied Oct 21, 2008I don't know your software but you basically put in a order to buy at $XXX price then it buys the currency at that price (or close to that price). You don't have to be there to "pull the trigger". I was playing disc golf on my land while my program ...
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