4. Price whipsaws and takes out both your stops.

wealth amasing strategy.....hefhem911

Yes, this was announced to the general public months ago. Next elections are spring 2008.

Cable Update (GBPUSD)

Fading the spike is possible but it all depends on the circumstances. I would only fade: 1. In the direction of the overall trend. 2. When economic number is is very close to consensus. 3. If there is a James16 price pivot that price will bounce ...

Counter Spike Trading - Anyone try it like this?

Thats great, thanks for the reply Igor. I also noticed open, high and low (daily range) on the chart. Do these fit into your strategy in any way? Simon

FXiGoR-(T_S_R) very effective Trend Slope Retracement system

Hi FxORCE I'm still trying to listen to the audio in the small amount of time I have between work and sleep! What would be great from Igor is a document explaining each indicator. I know that some of them are MA's and another is based on Heiken Ashi ...

FXiGoR-(T_S_R) very effective Trend Slope Retracement system

yeah, another Felix special

News Trader proof of profits?

Aren't we all trading in a gang anyway??? Using the same pivot points, trendlines, fibonaci retracements, etc. So, no, I don't think this will work.

Forex Gang Trade

News trading isn't dead. Trading the spike/straddling/auto-click always was. If you take the time to learn the fundamentals and combine them with the technicals and market sentiment, then it is still possible to trade the news profitably. For those ...

News Trader proof of profits?

Hi Bemac, Yes, in other words, the futures market is order-driven, not price driven. What is interesting to me is determining the large orders placed by institutions, not the market makers who pull their orders when the market starts to move fast. ...

FX Futures Volume

Dont understand how it can happen with a limit order. You either get filled at your specified price/bounds or you dont! I think broker is bullsh*tt*ing you. Hey, just realised it's my 100th post

Burger Straddle Script

My possible reasons: 1. Two conflicting reports on the same currency pair, signalling USD/CAD up and down at same time. 2. The market is waiting for Bernanke to speak. 3. They are not red reports, so not big market movers. From what I can see, the ...

can anyone explain me?

Good luck Hunter101. I think there is still plenty of research to be done on news trading. I was wondering if certain spike patterns can be identified in the same way that people see chart patterns. We all know about fibonacci retracements, but what ...

FADE

Jesus, not another advert.

Calling UK traders

Sounds interesting hunter. Would be great to hear your ideas. I would say pre-requisites for a fade are: 1. Economic figure close to expectations. 1. Exhaustion of initial spike and price action to support this, e.g. pinbar. 2. Initial spike against ...

FADE

I think it is fair Wizard. Imagine if the broker had gained by quoting a wrong price. Do you think they would be offering everyone refunds? And lets not forget that brokers regularly spike the price up/down during off-market hours in order to hit ...

Profiting from Broker Quotes

A question on euro — I think I understand everything that has been written on this thread, but what do you do when the price is ranging or the trend is about to change direction? EURUSD looks like it has been ranging for weeks and now it looks ...

Jacko's Forex House of Pleasure and Pain

Which begs the question, why did they tell you not to?

Profiting from Broker Quotes

Yes, can we delete this thread and give it a zero star rating please

Fade NFP Effects On Crosses

Will the price move enough for a good trade/ — I like this idea a lot. During non-farm payroll on friday AUD/JPY would have got you a 20 pip profit on your buy order. The sell order may have got you 10. Now, as everyone knows this news event ...

Fade NFP Effects On Crosses