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Lou replied Oct 17, 2006Hi Labrat407, Just a thought you might consider. Since trading demo is nothing like trading real $ when it comes to psychology, you may want to find a broker that uses micro pips. You can still trade regular pipage but also have the choice to try ...
The switch from hourly to daily...and the psychological ramifications...
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Lou replied Oct 16, 2006Maybe I am missing something in this discussion, but pivot points are traditionally set in time from the NY close. Some traders use a few other methods but the NY closing readings are the ones to look at. Lou
Pivot point and r and s levels
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Lou replied Oct 9, 2006Did you see the article last summer about the network of WWII underground bunkers just then discovered outside of a small town in France. How about 50 years !
Lounorth korean panic ensues..
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Lou replied Oct 9, 2006I think it is an effective strategy being played out by the US . Let China and Japan and S. Korea work on N. Korea. Lou
north korean panic ensues..
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Lou replied Oct 8, 2006Nice work. Hope you can keep it going. Thank you Lou
outlook for price action
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Lou replied Oct 8, 2006Oanda also expands their spread just before heavy news. I guess it just doesnt bother me. I have a toe in the water most of the time. So just dont trade when the spread is large. Lou
why does oanda do this?
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MT tech support
Started Oct 8, 2006|Platform Tech|1 reply
How is MT4 tech support? I am considering changing from VT since their tech support is nearly ...
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Lou replied Oct 8, 2006As one of my favorite film characters once said when asked if poker was a game of chance .... " Well... not the way I play it." - W.C. Fields Lou
Forex gambling?
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Lou replied Oct 7, 2006If knowing what prices are doing will help you then try going to Xe.com you can set it to show whatever pair you wish. At 11:33pm US Central time Saturday night, the Eur/Usd was exactly at 1.2600. I have a shortcut to this on my desktop. Also ... ...
OH NO! Whats going to happen?
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Lou replied Oct 3, 2006I am still going to watch F X C M squawk box plug in feature. I have seen enough so far to know that when they say there is a barrier at a certain place, or that there are bids or orders to sell at a certain price, that price responds. Lou
Order Flow
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Lou replied Oct 2, 2006ssteiner87, I too have an account with fxcm mainly to get the Thompson data you mention. Cash flow into a pair makes the primary currency go up. Cash flow (buying) Eur/Usd will make it go up. Lou
Order Flow
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Lou replied Oct 2, 2006Trichet Speaks on Thursday — I need clarification on the implications of the probable ECB rate increase and Trichet's comments. Or is it that a rate increase will send the Eur/Usd one way and comments another way? Lou
Fundamentals Rule!
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MT 4 plus broker using micro pips
Started Oct 2, 2006|Broker Discussion|4 replies
I thought I would give MT4 a try. Is there a broker using it that also trades micro pips? Lou
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Lou replied Oct 2, 2006Order Flow... This is the key. I would like to know about it too. Who(what large player) is going to buy a currency and know when they are doing it. AND WHY. So far as I know FXCM is the only source that publishes this info. I hope not because I ...
Order Flow
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Lou replied Oct 2, 2006A different approach could be to close half the position at a point that is a certain % profit of your account. Let the other half ride to the next determined %. Or close out part or all at support or resistance points. 15 min seems awfully short, ...
Timeframes for taking profits on 15min, 1hour charts?
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Lou replied Oct 1, 2006I those that lost are going to be reinstated by Oanda according to their statement, I wonder what they will do about your bonus? Lou
Weird quotes on Oanda FXTrade?
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Lou replied Oct 1, 2006fdisk... if this guy paid $ 5000 for the software then he made a bad trade before he started. I have seen these seminars... same as 4 x made easy.. actually I believe it is a spin off of that company. Anyway he bought the software at top dollar. At ...
I don't get it, it is just not right
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Lou replied Oct 1, 2006Mis quote according to O an da. Lou Oh thanks for the info Dave.
My trades by Dave
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Lou replied Oct 1, 2006Message from O an da "It was an invalid price feed from one of our data suppliers. Our technical team is going through and reinstating all affected positions." Lou
Weird quotes on Oanda FXTrade?