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richhand replied Jan 13, 2013This is all good info and I am thinking that whether there is news to come out in NY or not there is 50/50 chance of price reversing in NY at some point. Therefore it may be best to close any trades in profit (or around break even) that have been ...
Closing London trades before NY session gets going
- richhand replied Jan 12, 2013
Does anyone wonder if their positive trade not far from TP is going to take a sudden reversal when NY starts?
Closing London trades before NY session gets going
- richhand replied Jan 10, 2013
I'm guessing unecessary then, atleast for intra day trading.
Relating currency strengths to the US & German Indexes, DJ, Oil, Gold
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Closing London trades before NY session gets going
Started Jan 10, 2013|Trading Discussion|9 replies
Regarding the major pairs I am seeing that is often best to close trades that have been taken ...
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Relating currency strengths to the US & German Indexes, DJ, Oil, Gold
Started Jan 8, 2013|Trading Discussion|2 replies
How necessary is this for day trading? I am feeling that it is useful moreso over the longer ...
- richhand commented Dec 5, 2012
I think straddling is risky, I would like to know if anyone makes this worthwhile over the long term
Australia Labour Force
- richhand commented Nov 26, 2012
all expected, it had to be done at some point round now
Greek deal done: 124 pct Debt to GDP in 2020
- richhand commented Nov 21, 2012
Im not against fundamental involvment in trading but technical analysts need to construct trades in a way that protects against bullshit like this.
Schaeuble: there is no agreement on Greece, will meet again on Monday
- richhand commented Nov 20, 2012
this was a scam to move price, I wonder who created the first headline.
Schaeuble: there is no agreement on Greece, will meet again on Monday
- richhand commented Nov 20, 2012
I entered at fib 76 retracement of yesterdays strong daily candle. TP at 1.0445, SL at 1.0370. Quite a standard setup, often works well.
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- richhand commented Nov 19, 2012
we all put our word in but really, never go off forum speculation, learn yourself. Long then short.
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- richhand commented Nov 19, 2012
and we are off in the right direction again
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- richhand commented Nov 19, 2012
All this was already known. I reckon the recent technicals still stand for today and then at the 1.0450 bounce area we come down again
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- richhand commented Nov 19, 2012
ignorant complacent wasters
Americans Will Throw Out $282 Million Worth Of Uneaten Turkey This Thanksgiving
- richhand replied Nov 17, 2012
what I mean by that is, if price is going to move after a news release then there is a 50% chance of it going in either direction. If you look at a 1000 news releases whereby price moved significantly, approx 500 will go in each direction. Whether ...
Trading before news
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Trading before news
Started Nov 17, 2012|Trading Discussion|7 replies
A win rate of 50% is very good, assuming a reward to risk better than 1:1. News has a 50% ...
- richhand replied Nov 15, 2012
haha good advice, I certainly will do before long
Taxation of FX profits
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Taxation of FX profits
Started Nov 14, 2012|Trading Discussion|2 replies
If a self employed FX trader is not resident in any one country for more than 6 months per ...