The last BoJ rate hike did not produce anything other than false and quick spikes intended to touch your entries and retreat very fast for the quick kills. I lost a huge portion of my equity that time. Be careful and be on your toes starting 12:30AM

Japan news!!

According to the article, that RSI + ATR discipline was backtested for 3.5 years using a startup capital of $1000 and ended up with more than $60,000 of 60x. And this was using 1 lot sizes from day 1 to 3.5 years later. The return can be higher if ...

request: RSI + ATR

As I have said time and time again: JPY do not react on news no matter how good/bad the news is (except perhaps if you bomb it again). They have a dissapointing Q2 GDP yet look at USDJPY going south? Tell that to the japanese that their money should ...

Japan news!!

Hi I could not get this to work. How do I make it work? thanks!

Straddle trading EA

nice prediction!

GBPUSD

I use entry orders on both sides for trading news. However, its another matter when the broker would give you a whopping +40 slippage. I hope I could get enough profit out of fxcm before i close it completely. currently opened a NF account - but ...

Why did the market reacted like this

Ah yes, RSI 21. the ATR is 21 too according to someone who have the magazine. Can you program this on MT? Im still new to MT. I no longer patronize those two. I'd better eat healthy now.

Why did the market reacted like this

The terror plot was uncovered around GMT+2, when Asian session was still active. However, most of the gbp movement occured way past asian session. The terror plot seems to have been fully contained though. No steam left?

Relation of the Asian session to the London session...

How ??

Need help changing default color scheeme

aparsai, Several years ago, I ate at BK; I got very good sniffing noses back then and smelled molds on the bun. Though I did not sue, that branch closed no soon after. I have memorable moments with McD in my younger years - but I'd rather not dwelve ...

Why did the market reacted like this

I think so too. Techs dont trade (even closes positions or put stops nearer) during news time. However, news have 30-60 minute effect with up to 150pips movement. The techs dominate the rest of the day. Personally, I havent decided how to trade. ...

Why did the market reacted like this

Care to share some of your "tech know how"? What indicators do you use? Much appreciated if you could help me out.

Why did the market reacted like this

Pakistan have made some arrests in conjunction with the bomb plot? And there was a foiled hijacking at a Qatar Airways plane too? WOW! Counting the number of planes involved, this is beginning to be a major "global" terror plot perhaps eclipses 9/11 ...

UK Terror

I dont eat BK nor McD. Even my gold position closed at $644. Its now $634 for a whopping 1000 pips unrealized profit! OK. its time to BUY! it will hit 40s once the terror is over. If i cant have luck trading currency for the week, perhaps i;d go ...

U.S, trade balance

Stupid of me! I took a nap exactly 15 minutes before hell broke loose! Woke up to see cable at low 1.89? even touching mid 1.88 along the way? This is the 2nd time napping took some pretty penny from me today! I sure need some "trade buddies" who ...

U.S, trade balance

I think this UK terror plot is becoming a USD bull catalist. What do you think?

When will the dollar strengthen?

Another Aussie data coming out later. This time its Trade Balance. Previous was -2.3B, forecast is -1.6B.. Something Aussie Bullish. I hope AUD/USD would kick hard later.

Aussie Indicators tonight

The figure was only "slightly" bad. So it did not merit too much movement. However, people looked at UK terror plot as Euro / GBP Negative news and went dollor bull instead. PS. I have redo the math on my assumption on GBPUSD and EURUSD movement. ...

U.S, trade balance

It costs US$1.9 per GBP. But only USD$1.28 per EUR. Do the math (calculus): GBPUSD will rise faster than EURUSD should USD depreciate. However, EURUSD will fall faster than GBPUSD should USD appreciates.

U.S, trade balance