I think he just changed his focus and his idea of success once he became a millionaire from trading. He even states this. He said that he is like a junkie for new challenges. He has conquered trading and now he wants to help people become ...

"good traders trade, bad traders teach"

Just about every broker I have seen puts all the spread on the "ask" side when using MT4 platform. I have yet to use MT4 with any broker where this is not the case. Moreover, whenever I am going long my stop loss never gets hit by the widening ...

Central Banks & Big Players

Yes, but when traders accumulate a ton of wealth they begin to trade less. They also risk less. So, how did he become a millionaire so many years ago with only like $12,000? I am a big critic as well, but sometimes you can be your own worst enemy ...

"good traders trade, bad traders teach"

Another reason it is good to always go long is that many brokers put the entire spread on the "ask" side of the trade. Therefore, your stop will not get hit by the widening spread.

Central Banks & Big Players

Whipsaw Wednesday

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Back to bed. This is ridiculous.

Central Banks & Big Players

I haven't seen whipsaws like this in a long time during news. This was not worth it. I'm sorry for anyone who stayed up to see this because I said there would be "fireworks". This was a total dud. Back to bed.

Central Banks & Big Players

Don't feel bad, this one whipsawed quite a bit. And, it wants to spike up but there is major long term resistance keeping it down.

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There are traders who make money trading and also make additional income by teaching. Why shouldn't they? Also with the internet it is easier than ever to reach a broad audience. I personally won't pay anyone because I am stubborn but I am sure ...

"good traders trade, bad traders teach"

Is your brain giving you the silent treatment today? Attached is the last Norway Unemployment Rate release on 2014.01.29 @ 9:00 GMT.

Central Banks & Big Players

I believe that MYFXBOOK is WRONG.

Central Banks & Big Players

Norway Labour Force Survey is Feb 26, 09:00 GMT.

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For all you newbies who are still "Discovering"; get prepared for lift off at 8:30 GMT (SEK) and 9:00 GMT (NOK). video

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I also "straddle" but I don't use options. You are correct, with high volatility this is a great strategy. I thought of this on my own and I had no idea it had an official name. It's good to know my imagination is leading me in the right direction. ...

Central Banks & Big Players

You are missing my point bro, yes we know these pairs trend spectacularly but absent any news I would not play with them (gamble). You want to see some fireworks? Check out XXX/SEK tonight at 8:30 GMT or 3:30 AM EST. Also XXX/NOK at 9:00 GMT or 4:00 ...

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There will be times however, when NOK and SEK pairs do basically nothing and EUR/USD does. This is why I generally don't trade these pairs absent any news. Basically, my point is that as wonderful as these pairs trend I am still an event driven ...

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Well, they consolidate so much that it's easy to find support and resistance each night before they begin moving again. Just about all European related news moves them, basically anything that will move EUR/USD will move them. And, what's the most ...

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They don't always move downwards, sometimes they move upwards and the P/A is not always clean. However, it is a hell of a lot cleaner and predictable than any other currency pairs I have found thus far. I love NOK and SEK. They always consolidate a ...

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Yes, you are noticing something I have been onto for quite some time now. I am glad you are seeing the same thing I have been seeing. These pairs trend better than just about any other pair out there. They are also somewhat correlated with EUR/USD ...

Central Banks & Big Players

You shouldn't have such wide spreads during the European or New York sessions. Yes, it is true that they usually trend in a very clean fashion also they are somewhat correlated with EUR/USD. So, you can actually trade them with a variety of news and ...

Central Banks & Big Players