None of the above The major economies in the euro area have been posting clear signs of improvement (since q3 to q4 last year) with inflation picking up and recently core inflation picking up. What you are seeing is appreciation from anticipation of ...

Getting dirty with fundamentals (long term trades and intraday)

The 10 week average range (ADR) is only there to generate realistic targets and define stops. It is also worth noting if the pair had already moved 40 pips from London open then realistically there is only a 30 pip potential and you might find ...

Getting dirty with fundamentals (long term trades and intraday)

Trade from Tuesday UK CPI greater than expected which is not good news as the central bank can't really afford to raise rates. Euro data has been improving for several months now (especially evident in the top 5 euro area economies) with QE tapering ...

Getting dirty with fundamentals (long term trades and intraday)

Trading a pair where both have good news released doesn't work. You need to be pairing that data with another economy to match strongest with weakest. I say economy because that's the level of understanding it takes to know where the opportunities ...

Getting dirty with fundamentals (long term trades and intraday)

its the apes that moves the market, not you and all your squiggly lines. It's laughable to the point my muscles are sore that you actually believe this crap. You do know that patterns you trade also exist in charts of volcanic activity, criminal ...

5 years and still no strategy

wrong on all points.

5 years and still no strategy

yeah well it can't be useless since all the large participants in this market spend tens of thousands a month on news terminals. You only need to look at reaction to news events to see there is some relevance to this else the likes of Bloomberg and ...

5 years and still no strategy

Yeah maybe I should give up being profitable and start looking at squiggly lines and flashing lights. Hopefully one day I'll end up as stupid as you and we can sing kumbay

5 years and still no strategy

That's madness. Every day the greatest opportunity exists when the macro fundamentals lay the foundation for long term trends to give a basis for a general pairing of strong VS weak. Daily news and sentiment then play roles in confirmation of the ...

5 years and still no strategy

Trading 1 pair is very limited. Every day there are strong and weak currencies through news and sentiment. If you trade just one pair you will often have days where your pair might have been a no show or range. Sure you can trade a range but why ...

5 years and still no strategy

Coming on here stating you only take 1-2 percent risk when your signature account is nothing but a recipe for blowing accounts with over 6 percent risk on a single position being assumed. If you were smart you'd attached a better trade explorer to ...

5 years and still no strategy

If your trade explorer is anything to go by then the math for you isn't looking good. You say you have a 1:4 ratio but you have missed the detail of you opening up to 9 trades on the same pair at the same time for what looks to be about 6.5 percent ...

5 years and still no strategy

Maybe you didn't read what i said in the post before but that's typical, assumptions on forums are widespread so you not the first and wont be the last. Firstly, having 7 trades on at a time is the biggest noob mistake there is and probably ranks ...

5 years and still no strategy

Its all relative. A stop of 50 to 100 would have a target any multiples of that in its most simplistic format.

5 years and still no strategy

5 percent is fine, it might not be fine if you're a technical trader. 1 percent is just ridiculous and more tuned to a strategy that has a low win rate

5 years and still no strategy

Nothing wrong with risking 5 percent in certain situations.

5 years and still no strategy

+1 (not everyone can afford to trade futures though)

Why are swap rates among brokers vastly different?

In simple terms you need to know how the economies are in the cycle and what central bank policy is as well as expected path of the central bank policy. Without this knowledge you are shooting blind because it gives you the knowledge to rank each ...

News trading discussion - continuation

Only if you hold positions overnight that balance against you. Holding the other way earns you the rollover and can contribute as a nice bonus. This isn't always possible of course but there are ways to manage it.

Why are swap rates among brokers vastly different?