They don't "let people trade the news and take money from their pockets day after day", lavatrader gives that impression but he's wrong. I think both you guys need to read their Terms and Conditions instead of arguing a point which doesn't exist. As ...

Anyone trading news here?

Hi David I've got to ask, despite all the potentially profitable approaches you posted above (some of which I use myself so I know from experience they 'work') you say you aren't trading profitably, why do you think that is? This isn't a loaded ...

Pivot points

That's what I thought at first but it looks like they protect themselves with an exclusion clause in the Terms and Conditions "except for extraordinary market conditions", which makes sense for any company expecting to stay in business! I guess what ...

Anyone trading news here?

First off I'm nothing to do with FXClub before anyone accuses me of being a shill I've just been looking over their website and chatting with one of the reps and it doesn't sound too bad if I've understood what he's said.... They allow you a 4 ...

Anyone trading news here?

No-one Marcuse, we're all just eccentric millionaires who enjoy watching screens with little lines and numbers on......it fills in the space in-between the nurse coming round with our medication, and anyway it beats dominoes

Admit it - your profits are based on luck

I'm not sure lavatrader's strategy has been too well thought out and it's definitely not "you make money guaranteed", lol lavatrader, price action around something as volatile as NFP could trigger your Buy order 20 pips from market and then your ...

Anyone trading news here?

It's not, who said it was?

Scalp

A fool and his money.......

Why not a central Forex exchange?

lol, of course you can go home, no-one was intentionally holding you hostage Thanks for replying though, I don't think it's unreasonable to expect someone to support their opinion when challenged in fact isn't that the way debates and discussions ...

Admit it - your profits are based on luck

Hi opie999, I haven't been through every post of every thread and quite a lot of the information he posted was accurate as far as I know, but there were several inaccuracies that various people pointed out in their replies/questions which he never ...

Admit it - your profits are based on luck

Hi jameshong Isn't this (closely?) related to Delta Phenomena cyclical analysis? If it is then it can be amazingly accurate, I followed it for a while a few years ago until it went out of sync (which happens sometimes apparently). I saved this from ...

Planetary Cycles Trading (EUR/USD)

hanover David The way business is done on the interbank market isn't really relevant to the topic of this thread but anyway, both posts you linked to are filled with inaccuracies and irrelevancies unfortunately, and pretty much none of it applies to ...

Admit it - your profits are based on luck

Don't allow news traders, what do you mean? If you're going to trade across volatile economic data releases then be prepared for slippage and requotes, bucketshops are kinda funny about giving money away......they don't!

Anyone trading news here?

What sort of authoritative statements were you expecting exactly? As regards automated vs discretionary trading, AI can be a powerful tool and I'm sure there are lots of black boxes which trade using a bit more than a couple of MA's crossing ...

Admit it - your profits are based on luck

There's really no need to prove anything either way even if we could, just like trading this isn't about certainties it's about speculating on probabilities. The probability, for reasons already stated, is that profitable trading is due to skill ...

Admit it - your profits are based on luck

Might change, and might change unbeknown to me. Sure that's a possibility and like they say 'past performance is no guarantee of future results', but with that philosophy we'd never get anything done would we? Everything we do in life has an ...

Admit it - your profits are based on luck

Get 'it', get what exactly? I'm not trying to be argumentative here, I'm trying to understand how other traders think. This is a human nature thing, do you really think a trader who analyses the market and has the ability to predict a price move ...

Admit it - your profits are based on luck

Sounds like a dodgy curry or something, 'let out a substantial blow after some very meaty bait'! Ok, I must have missed that bit, what exactly was this meaty bait and substantial blow? What, that trading results are luck? I thought we'd already ...

Admit it - your profits are based on luck

Well against all odds this suddenly turned into quite an interesting discussion, some great posts from the likes of hanover, fx-petra, topherhk88, fierceman and others (apologies if I left anyone out!) From something fx-petra said I think I've just ...

Admit it - your profits are based on luck