wow...this is quite interesting. Does this also happen when other countries have a holiday? Thanks for that article, information is king!! any other sites where I can get great news before the market responds or while it is responding?

Why did the USD weaken so much over the holiday?

what about brokers who allow you to trade all the time that are reliable and have longevity in the market? Can someone give me some recommendations?

Questions about brokers

it certainly does suck. There are some trades that might open up and I will not be able to take advantage of this.

Can't trade on a holiday?

Do fixed spreads stay fixed through news releases or are they fixed only for normal market conditions?

Fixed or Varaible spreads?

out of curiousity...why shouldn't you trade on these days. Also, what if you already have open trades? I have a trade open before this holiday and I am unable to modify the stop loss or take profit.

Can't trade on a holiday?

Ahh ok. The article I read had to do with forex, so I suspect after hours might mean either weekend trading or trading during the asian hours. The asian markets dont really offer that much movements then? Do currencies generally waffle/reverse ...

What is after hours trading?

Wow!!! this is incredible. I didnt know a lot of people did not use stop losses. I was taught to always use stop losses. I will agree that a few of the trades that I have made were broken up prematurely by the stop loss, but it has saved me from a ...

2006 Automated Trading Championship

hey diallist...thank you so much for the kinds words. It means a lot to me that someone else has been there and knows what it is like. Its funny, when I started learning the forex, it is just something that seemed to fit. I truly enjoy trading the ...

Sorry. But you all need it.

ok great...thanks guys, I think I have it now. Its not like a system such as a bank where as I can buy at say $4 and sell back to an individual at $4 to break even. cool, thanks.

Confused about bid/ask

ROFL....no way. The good thing about automation is that it can close orders while one is away or while one sleeps. No way would I consider changing my stops to 100+ pips lol. Thats too much risk for me to handle. However, I just wanted to know if ...

2006 Automated Trading Championship

watching the automated championships — Just curious if anyone else has been monitoring the championship. I find it intriguing, not to mention, when I take a closer look at their trades! Some of them have huge stop losses. I was shocked to see ...

2006 Automated Trading Championship

hey twinchell, I will try and explain this. I have taken a course in forex and have been trying to educate myself by constantly reading etc.. For me, stupidity would be placing trades without any kind of analysis. When I place trades, I try and do ...

Sorry. But you all need it.

there is a vast difference between stupidity and inexperience. I might blow an account...not because of stupidity, but because I do not understand the market. I understand that no one knows where the market is headed and that you play probabilities, ...

Sorry. But you all need it.

ok....I think I understand. The prices that are set out are by the broker and stays that way whether I am buying or selling. Once I buy, I do not get to sell it back at the same price that the broker is selling it for. Is this correct?

Confused about bid/ask