Fully agree ^)

EURUSD

Correct. BUT stick to one pair at first. Learn the moves, look at the world, subscribe to bloomberg business week, futures magazine, etc. Read up on corellations between currencies and other markets, learn the factors that make them move, and stay ...

EURUSD

True, just I would be using commodity indices instead to see the capital flows. Im probably wrong, just my opinion. Because a lot of the time currency can lag behind the changes in indices.

EURUSD

When commodity prices go up is imho because people put capital from USD to commodities, so yes, inverse relationship in that. But is it directly correlated to Australian dollar?

EURUSD

If I may budge in, my advice would be to trade small lots, so you do not overleverage your account. And when you are consistent and have a traders ethic of working the capital, ONLY then you should size up your lots.

EURUSD

I have also met a few traders who will take 10% floating loss and still make boats of money.

EURUSD

Can you elaborate on AU leading EU? Trying to understand.

EURUSD

Im sticking to my Thursday prediction. Looks like a usual beginning of the week for US market. And $VIX is above 20, plus Merkel is not gonna let Euro drop anywhere.

EURUSD

perhaps I will rethink, its Presidents day off for me, markets were closed, family time ^)

EURUSD

Oh its very treaturous indeed. But we have good data so far from EU, and the fact that EU's bonds sold nicely, means a bull imho. Plus the inability to raise rates by US ^)

EURUSD

Based on $SPX, and the overall market rally, which has good correlation with this pair.

EURUSD

That's true, but there is money to be made in taking direction, not just sitting on the sidelines and waiting for the market to move for you to jump in.

EURUSD

I think what's likely to happen, is for EU to slowly continue its up trend from here on, perhaps during the US open. And it will most likely end up hitting previous week's high by Thursday.

EURUSD

Basically, I do not use any indicators, because in my opinion you can see what you need to see with your own eyes. I use support and resistance to trade. I trade bounces, meaning when the price bounced away from support or resistance I enter a ...

Scalpers Go Here

In my opinion, scalping requires a few things, but first and foremost is the market has to move pretty good in order for the session to be productive, otherwise you will lose and your trades will be stopped out. I have started scalping about a month ...

Scalpers Go Here

I totally didnt look at a date of the posts

My first month on Oanda-real - and first question

Thanks guys, sorry, Im just not used to the lingo yet I know that NFP is a very important, just didnt realize what it stood for. Thanks a ton.

EURUSD

Where do you guys find good news releases? Free or by subscription? I know about FF calendar and all, but sometimes I observe huge movements, only to wonder where it came from.... BGrigore, What is NFP?

EURUSD

In my opinion, the only competition in trading is only against yourself.

Do you Like Real Account Competition?

I started with $ 1000 demo money half a month ago Now I have about $ 6000. After first couple of days of "lucky" trading and making 50% daily I asked myself, how soon before I reach 1 mil? I tried to commit things to calculator by simple formula: ...

My first month on Oanda-real - and first question