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sdot replied Jul 26, 2007auslanco, we see your chart that you posted, a whole bunch of indicators, what exactly do you look for in order to take a trade?
Daily GBP/JPY analysis
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sdot replied Jul 26, 2007please let us know when your 1hr goes bearish
also, how do you trade the news before the news comes out? especially with such a high success rate?Daily GBP/JPY analysis
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sdot replied Jul 26, 2007long here too planning to get out before the japan news though what price do you guys going to exit?
Daily GBP/JPY analysis
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sdot replied Jul 26, 2007holy crap gbp/jpy just went on a tear...dropped almost 200 pips in about an hour, looks like japanese traders are fleeing the carry trades.
Daily GBP/JPY analysis
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sdot replied Jul 26, 2007its tempting to short usd/cad right now, but i think i'd hold off until i am sure its not a trend reversal, i think i'm going to wait until it drops to the 1.0450 level. But thats just me, any other opinions?
USDCAD trend reversal?
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sdot replied Jul 25, 2007“New Zealanders have been showing early signs of moderating their borrowing. Provided they keep this up, and the pressure on resources continues to ease, we think the four successive OCR increases we have delivered will be sufficient to contain ...
New Zealand Interest Rate
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New Zealand Interest Rate
Started Jul 25, 2007|Trading Discussion|1 reply
Anyone know what to expect from the interest rate announcement in a few hours? If it comes out ...
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sdot replied Jun 19, 2007hmm usd/jpy crossed looks like a nice short, any one else taking this? dont see any resistance until 121.85 or so
FOZZY Method CROSSES
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sdot replied Jun 18, 2007Yeah I took euro as well late last night, up about 25 now, still hanging on hoping it can break that 1.3412ish resistance (which you can see on the 4 hour chart) Might be tough to break it though so maybe i should close
FOZZY Method CROSSES
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sdot replied Jun 17, 2007Yeah i'm looking at this cross too, i'm tempted to take it as well because swissy, cable and euro are crossing all at once. But i'm still unsure...any other opinions?
FOZZY Method CROSSES
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sdot replied Jun 6, 2007Interest Rate up to 8% any idea where nzd/usd is going? does it depend on the wording in the statement?
NZD - rate statement - help
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sdot replied Jun 6, 2007NZD Interest Rate Statement — Anyone know what to expect if it comes out as expected?
NZD - rate statement - help
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sdot replied Apr 11, 2007consistantly having winners and increasing my account, however slow or fast it may be.
When do you feel successful as a trader?
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sdot replied Apr 10, 2007yep pareto is 80-20, great principle. in either case, there are very few traders that are successful in the end. its not easy, its very hard, and takes a lot more work than most newbies think. just my two cents.
What are the percentages of those that survive fx?
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sdot replied Apr 10, 2007yeah for example oanda is 24/7, although the markets are fairly dead on weekends, and the spreads are increased very high, you can still trade, the spreads go up friday evening and come back down sunday evening.
If forex is 24/7, what happens when brokers close?
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sdot replied Apr 9, 2007when i used to use ma crossover systems, i always liked to see the candle close before i traded because many times the ma's would bounce off each other. but it is a double edged sword, ma systems are already fairly lagging indicators, on top of that ...
EMA Crossover Systems
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sdot replied Apr 9, 2007i agree with the last post, where you place your stop loss is your own decision. it depends on how muhc drawdown you can take financially and psychologically, also on many other factors. but for me personally i like to hit 30 pips then run a trail ...
Stop Loss Management Question