When you want to trade news you dont look at the dailay chart - its a seconds action.....

Why is EUR falling now?

I allways keep things very simple, maybe cause i am "simple-minded" So if i take a fast look just at the one hour chart- its clear that the tendency is more down than up - these last up-hours seem to be short-lived. As ...

Cable Update (GBPUSD)

This phaenomena is the reason why the London-breakout-reverse strategy works. There is a breakout strategy that is based on the fact,that the first brake out during the one hour between Frankfurt and London opening is faded, and in the middle of the ...

Cable Update (GBPUSD)

Jojofx: the method number 1) you mentioned is the one which gave me until now the best results, to your info that hedge funds and banks work different it would be interesting who are the people who know in advance the released numbers? They seem to ...

NFP release and market reaction

Interesting trading approach - beside that if someone looks at the latest official NFP numbers, the lousy forecast, and funny experts who said some hours before the release that there is high propability the numbers will be worse ( more down) than ...

NFP release and market reaction

Rick: "Unskilled traders fuss about spread/ commissions while professionals scalpers fuss about hitting profit targets" Absolutely right! The better you trade, the less you are interested in one or two cents more spread or not.

Trying scalping with a 1000 bucks - Scalping is expensive!

Just went through the last Japanese economic data released in May/June ( GDP, inflation, jobs...), don't have the impression that a rate hike is necessary

BoJ interest rate decision

50 north is okay, but 75 definetely south.

Darkangels pips hunter

Today i am hunting the FOMC decission - but since everybody was talking about a 0,75 hike, a 0,50 hike would send the USD down (or not) - so its no more a clear penalty. I will decide some minutes before the statement what i do, actually ,honestly ...

Trading the RBA interest rate decision today

I would say the aswer is very simple, without trying to sound overbearing - if someone realizes that he is not talented enough its time to stop it. Its not a sign of weakness if someone starts to learn programming for example, and after some time ...

When Should You Give Up On Trading?

It worked again, small pocket monney, next time is the ECB decision Thursday

Trading the RBA interest rate decision today

OK, good luck!

Trading the RBA interest rate decision today

Thats right - for example today (NFP-day) i deposited 20 EUR before NFP session started to scalp the Russel,(discretionary trading) and at 18:00 GMT 2 i was on 32 EUR - thats more than 50%, and the day is not over. I could stop now, but i wait for ...

1% to 3% Per Day? All things are Possible

I dont say in general definetely "No", but it depends on the situation and your expertise. If Jerome Powell is my uncle and he tells me, that today at the press conference he is going so say at a certain point " ...we are not going to raise interest ...

Take a Loan to Trade?