how would you trade the red arrow? — managing the inevitable drawdowns...haven't had to worry so far, but as you know, sooner or later a big unrealised loss will appear on the statement. this is where i need your expert opinion. let's say i ...

Steviet's Live Trades!

4h chart — the notation here is what i currently trade as my system. if i stretch out my stops (which are usually 100's of pips) and cut my winners with 50 pips tp's then i can approximate something similar to what you do anyway, so it was ...

Steviet's Live Trades!

daily range — it wont't be more than a couple of posts. i think you said the current daily range is from 204-214 which i also agree with. so this is the current "grid" to borrow from drforex on FF (aka BWILC Dirk Du Toit). the blue lines ...

Steviet's Live Trades!

thanks for all your replies stevie, hope you got some good luuvin' yesterday i've actually been practising a system similar to yours over the past few days and managed to eke out 500 pips! i'm demoing on interbankfx mt4 platform - they let ...

Steviet's Live Trades!

hey stevie! i read the summary post of your system you gave last year, and given your recent track record on your investor account (AWESOME!) i must say you've caught my attention again!! i just have a couple more questions or comments - ...

Steviet's Live Trades!

i thought so too! how could they remain so hawkish, when in a similar situation the fed has switched to growth bias to ward off a recession (could be too late)? maintaining "price stability" at any cost? a fool-hardy stance?

The fundamental terrorists must be stopped

you make some good points here. like any stream of information, there is a lot of garbage that needs to be weeded out to find the important info. as an example, the 9-0 unanimous vote by the BoE committee last month pushed the pound below the key ...

The fundamental terrorists must be stopped

greenie gives you an insiders view of the inner workings of this still largely secret institution. you get to see how they react to crises (like the plunge in 87 and more recently 9/11), how they handled credit crunches in the past, how they mull ...

greenspan still has excellent timing

since the fed is supposed to be independent of the government (i think) then i would agree. anybody else but greenie would be tempted to mix the two. the other interesting point is that the administration gets to decide whether to renew the ...

greenspan still has excellent timing

i have read around 200 pages and i also have to agree it is simply a wealth of information about the chairman and the inner workings of the fed. it reminds me a lot of reading books about buffett - they were born around the same time in the midst of ...

greenspan still has excellent timing

it's certainly one for the higher tf's. i think the avg daily range for this pair has dropped over the past few years making it even harder still, so making the spread/volatility ratio less attractive. i see it as a secondary pair to watch alongside ...

EUR/GBP Trading Room

i think the banter between you guys and phil & ST are probably some of the best exchanges in the TR.

EUR/GBP Trading Room

well this week has come and gone and oil didn't hit 3 figures. still it's on the up and perhaps next week it might test 100.

I see oil reaching 100 USD?!

i see that there are a few negative comments about this pair. i think for honing your trading skills it's probably one of the best around(!), not least because it teaches you patience and discipline. it ranges a lot like most crosses tend to do ...

EUR/GBP Trading Room

thanks for the vote of confidence phil. but i'm operating double standards here so i'm not comfortable with posting here really. the reason i am is that oil is drawing towards a magic number and it's fascinating to follow. if the crude oil ...

I see oil reaching 100 USD?!

ok i know i'm not allowed posting here, but is this the week that oil breaks thru $100/brl?? i see that gold has smashed thru $800/oz in an equally strong uptrend. {waiting for phil to kick my ass off this thread...:}

I see oil reaching 100 USD?!

Here is a follow up by the same crew: video and one on greenie & oil: video

Sub-Prime Mortgage Mess Explained

i would say always double check any number release with another source. i think most news trading pro's use a service like trade the news with audio alerts. you bought $'s instead of selling them on a cut?? btw, it's the future rate expectations ...

Forex Factory calls US Interest Rate decision wrong?

i agree with many of IS's comments. you've earned a well deserved break from trading and journal updating. so recharge your batteries and come back refreshed when you're ready to start up again.

Steviet's Live Trades!

i use alpari for dow, s&p, gold and oil. however if you're trading actual contracts they won't be map exactly to the feed.

Does anyone know where I can get a real-time Dow Jones avg chart?