A minor point — FWIW - if you are calculating ATR based on daily range values over an average month, you should probably use 20 bars (if you like the notion of 4 week "months") or 21 or 22 bars (unless you are calculating off MT4 & it's extra ...

Average Daily Range

Back when Refco was still alive, I thought of switching to them but got quite put by how much they advertised - I think in this business brokers that solicit heavily seem to be a bit of bad news...Sort of like lawyers

Proposed NFA Capital Requirement

forexsaviour - thx for keeping this up to date, and also thanks to you & the other main participants for bringing the debate to a civil level. It is really quite an eye-opener...As for the excess capital, thinking about this last night I realized ...

Proposed NFA Capital Requirement

If the firm has issued new stock to raise capital, then the the original owners' share is diluted. I.e. if you own 10% of a 50mil company, you are worth 5mil. If you issue another 50mil worth of stock to outsiders, then you still have 5mil, but your ...

Proposed NFA Capital Requirement

Well, 1.4420 is roughly the 1.38 extension after the 2005 retracement. Round it up for slippage and for CB'ers that have trouble with more than 2 decimal places.... Also note 1.4142 is roughly sqrt(2). I'm sure there's a theory there somebody can ...

EUR/USD Trading Room

Just a little note on this zip file - the actual statistics generated from a coin toss based price chart are actually quite different from the real thing - ; Mandelbrot has done a lot of work in that area and it's quite interesting reading. As for ...

Flip The Coin System

Soon one might be able to do carry trades using USD as the source or borrowed currency, instead of Yen or CHF, especially as having lower interest rates relative to the other majors means a good chance of a downward spiral in the $.

Yep - fundamentals again

Lol, I hadn't heard that one, but it sounds rather clever... BTW - for the OP (damien17) USD/CAD hs generally been seen as a ccy that moves pretty much in tune with fib relationships, and has generally hit the 1.618 extension after a pullback ...

Spike like news?

Well over half my trades are USD/CAD, and the reason I think I like it most is that it plays pretty much by fib rules & trendlines, and (mostly in the fall during the buying for heating season, and spring when the US strategic reserve gets ...

Which currency pair do you trade the most?

There's lots of good advice above, just to add a little (good or bad) - when you are investing, it's a bad idea to put more than 10-20% of your capital into risky ventures. That holds pretty much for small and large....If you are starting out in FX, ...

When starting out live, smaller or larger better?

Not unless Canada elects another socialist nutcase. Took us thirty years to get over the last one.... BTW, crude isn't doing to well today, which is going to reflect in the CAD....

USD/CAD Trading Room

This pair is thinly traded compared to Eur/usd, Usd/Jpy, and GBP/USD, so in off-hours relatively small amounts of money can be risked trying to run SL's or push option triggers, that sort of thing.

Spike like news?

I look at this pair as basically being driven by the Northern Rock woes, in which case the less news the better for the short side I have a small short from the break of the higher tentative trend with a target of 0.694, but I'll get out if it ...

EUR/GBP Trading Room

I've just started in using a Bayesian network for this sort of thing. If you aren't familiar with the idea, you can download a free (limited) version of the network develpment tool Netica from Norsys : url . They have some intersting ...

Statistics

They are good points...Yesterday in Halifax I was paying for coffee, and and some of the change I used included an American quarter. 5 years ago that would have been worth almost 40 cents Cad, now I felt a little bad passing it over, as if I was ...

USD/CAD Trading Room

Just arguing with myself here - but on a contrary position, it's been noted that this week saw the largest fall in $/CAD since 1988 or so (on an open/close basis). What is more unusual is the fall ofer the last 2 weeks; in percentage terms it is the ...

USDCAD trend reversal?

Interesting divergence between the retail positions though and the COT non-commercials (usually they line up together). COT NC positions are heavily long CAD against the US (almost 11:1), while at the same time largest traders are heavily shorting ...

USDCAD trend reversal?

I'd say you hit that nail on the head. To the OP - aside from money management, the other major problem is the natural instinct to protect wins and hope for the better during losses - i.e., it's natural to cut and run when you have a bit of a profit ...

Why do 95% of traders lose?

Though if you want the best numbers for carry trade, I think you have to look at BBA LIBOR O/N. Not too sure where you find the daily ones though, perhaps google will be your friend.

Major Pair Interest Rate