Difference between futures and forex — Hello jy0228, I will try to answer your question of the advantages between futures and spot or forex. I started by trading commodity futures including currencies. Although both side of the discussion will ...

Trading For A Living

See you tomorrow — No questions, but I do thank you for starting this thread. I have to go to my corporate job now, and sign off from trading. I will see you tomorrow. Good luck in your trading today.

Trading For A Living

Watching GBP/JPY — As I mentioned earlier, I thought there was an opportunity to sell the GBP/JPY but I did not place an order. I am not watching to see if it finds support in the 135.700 range.

Trading For A Living

Thank you AFX-UK and Darendse — AFX-UK I felt the same way about the EUR/USD that is why I exercized a lot of caution, but with the possible triple top that Darendse mentioned, I decided to enter an order. Thank you and Darendse for ...

Trading For A Living

Correction — Obviously I can not spell this morning. I meant to say I started as a commodities trader.

Trading For A Living

My background and method — I started in 1998 as a communities, futures trader. I really liked the currency futures. Because of my trading is when I can, FOREX attracted me because of the 24 hour trading and liquidity. I started trading FOREX ...

Trading For A Living

Today needs caution — I agree with your statement of nothing "you want to associate yourself with." I thought there an opportunity to sell the GPB/USD, but I left it alone. I did enter a trade to sell the EUR/USD. I was very cautious because ...

Trading For A Living

It is so dead today — I have not placed any orders yet. The only thing I can think is the market is waiting for what comes out of the G7 meeting today.

Trading For A Living

I like your thread. — Good morning AFX-UK, I am glad you started this thread. I am will start trading for living Aug. 1, 2012. I have been doing this too long, and I feel well enough to leave the corporate world. I am using this time to grow ...

Trading For A Living

Thursday 01/06/2011 — My order to sell the GBP/USD was executed, and it struggled to make new lows even though it moved down 11 PIPs from my entry. Based on its behavior I closed my position with a 4 PIP gain, and I decided to give the market ...

DCB Journal

Plan 2011 — It has been a while since I updated my journal. Here are my plans for 2011. This year will be the last full year in which I will work for a corporation, and trade part-time. In 2012 I will become a full time trader working for me. ...

DCB Journal

What I am watching — I am not going to trade today, but I have posted two screen shot of what I am watching.

How to use the 123 strategy effectively

What I am looking at — I am not going to trade today, but I have posted two screen shots of what I am watching.

Andrews Pitchfork (Median Line)

USD/CHF — I put of a screen shot of my open position of the USD/CHF.

Andrews Pitchfork (Median Line)

GBP/USD — I primarily trade the GBP/USD because it moves during the time I have to trade. The GBP/USD is developing, but I do not know if it will happen before I have to signoff. Here is the screen shot.

How to use the 123 strategy effectively

GBP/USD After tne news — I am posting a screen shot of the GBP/USD right after the new. If I had waited, my limit order would had been reached just before the release of the news. After the news the price pulled back. I have no regrets by my ...

How to use the 123 strategy effectively

GBP/USD — I exited my position rather than waiting for it to hit my limit order. The reason I exited was news for the GBP was going to be released with in 10 minutes, and I don't want to have an open position at that time. If I have ...

How to use the 123 strategy effectively

Hello — I looked at this thread. This method is very simple, and it is what I use the majority of the time. I use 1H the majority of the time although I may use the 2H or 4H some. The 1H gives me a good picture of the what is happening. I do ...

How to use the 123 strategy effectively

Larger PIP value — Jason, I understand how to select different amounts than what is shown in the drop down window. Thank you for your help and patience with my questions.

FXCM Discussion

Larger PIP value — Jason, Thank you for your patience with my questions. I understand what you are saying. Is 100 the largest amount in one order that is available? You mentioned 400K, can that be in order? How do you select 400? Thanks again ...

FXCM Discussion