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mfoste1 replied Dec 5, 2009how familiar are you with equities market, interest rate market, fx market, gold, oil, commodities etc? how long have you traded demo? Have you been successful for 3 consecutive months? Don't try and start with less than 5k, youll just be wasting ur ...
College courses for forex
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mfoste1 replied Dec 5, 2009I always seem to trade very well when it snows a lot...let it snow lol anyways read this article, as it shows some important factors regarding current U.S. treasuries and interest rates... url
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mfoste1 replied Dec 5, 2009Completely undercapitalized....starting off with anything less than 5k ur just giving the deposit to ur broker
College courses for forex
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mfoste1 replied Dec 5, 2009definetly dude...ppl that say that are dreaming...to me that claim seems very outrageous umm like armageddon. I dont trade gold though, a bit too volitile for me. When I see a mentionable pull back, I may buy some for a long term investment...
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mfoste1 replied Dec 5, 2009Those are very good articles. I was just saying that If XAU were at $5k now, inflation in the U.S. would be rather high, something the economy couldnt handle...
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mfoste1 replied Dec 5, 2009something for longs to look at.... — Im targeting 1.4765 for shorts. The daily closed below 50sma for the first time in a while, but this could and most likely have been to take out DTN Options at 4850. However, this is a very strong dollar ...
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mfoste1 replied Dec 5, 2009FV to be about $5500? do you realize what levels inflation would have to be at those levels?
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mfoste1 replied Dec 5, 2009EW can only be applied after the trend is complete...I think thats pretty clear. I'll never place a trade based on wave theory ever because the market can literally go any where. EW is just hypothetical...
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mfoste1 replied Dec 4, 2009I hope everyone had a good trading day, have a great weekend see you sunday night!
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mfoste1 replied Dec 4, 2009thanks much gator, i think im gonna book half. For the rest im looking for 1.4777-65 area target. If we close below the 100sma i think thats a pretty bearish signal imho...
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mfoste1 replied Dec 4, 2009gator do you think it would be a good idea to hold a short over the weekend since this is a pretty strong move?
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mfoste1 replied Dec 4, 2009I will hold short over weekend....I doubt anyone is going to be buying the rest of today my target is 1.4777-1.4765 on daily chart 4855 may be bounce
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mfoste1 replied Dec 4, 2009There is an MSc program at my school Kent State Univ in USA that is top ten in the nation. Im trying to get accepted to it after i graduate but its pretty tough. Grad of the program are often employed by IBs and prop trading firms. We have a very ...
College courses for forex
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mfoste1 replied Dec 4, 2009nothing is ever certain in this business....when you think it is *BAM* it comes back and punches you in the face.
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mfoste1 replied Dec 4, 2009one should long with caution as we did break out of the wedge to the downside...it could have been false break though and may find support at 100sma at 1.4871. if 4871 is broken next support is 4837 area.
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