- Search Metals Mine
- thelws replied Aug 24, 2010
i have a theory... if the trend is down it is highly possible that a lot of fund and banks have already shorted the pair. given that they are unlikely to pull hundreds of millions at a given blink of the eye like most of us, it is highly likely that ...
EURUSD
- thelws replied Aug 22, 2010
I have some doubts about "any minute"
But I agree a short is in order. My guess is probably happening around london open.EURUSD
- thelws replied Aug 18, 2010
no idea man. why don't u open a ticket with their helpdesk. that's the best source of info
Do rollover rates take a chunk of your position trading profits?
- thelws replied Aug 18, 2010
depends on your broker man. For ibfx it is relatively low. don't exactly know the figures but I can live with it. For example, I recently held a gbpusd trade for 1 week and the swaps only cost me ~$8. but i was way up to hundreds in terms of profits.
Do rollover rates take a chunk of your position trading profits?
- thelws replied Aug 17, 2010
If you want to sell do it around 5690 If you want to buy, do it now (5637) If you buy now set a real tight stop loss. If stop loss gets hit, change directions. Selling now (5637) is the worst thing you can do. It has neither broken support nor is it ...
Cable Update (GBPUSD)
- thelws replied Aug 17, 2010
I've always wondered, how do you all "hear" big stops. Is your broker telling you this because you are a special customer or is it because he is bullshitting everyone ?
EURUSD
- thelws replied Aug 17, 2010
5636 + slip is the price to look out for. below that we have a short for the rest of the day. no break means it might still be bull stuff. go below plz lol make me more moaneh
Cable Update (GBPUSD)
- thelws replied Aug 12, 2010
All I can say is, if you want to go long, now is the absolute best time. It is right at the edge of the test zone. Set an acceptable stop loss beyond the slip. If it gets hit, switch and go short. Else, enjoy your long.
EURUSD
- thelws replied Aug 10, 2010
Pure chartists will say eu will continue to go up
There is nothing to suggest that eu will go down. But who knows what will happen
Thx for listening.EURUSD
- thelws replied Aug 2, 2010
that adage usually applies to stocks. Not very much to forex. Though, it is true that the past quarter has seen significant reduction in volume traded. And this new financial year quarter has seen dramatic increase in volume. However, the market in ...
August volatility
- thelws replied Aug 2, 2010
Best time to trade is during london open till ny close. Asia sessions are very slow moving. If you are a long term trader (4hours or daily chart) it doesn't matter very much. If you trade anything less than 4 hours, it matters a lot. The worst place ...
Best time to trade
- thelws replied Jul 28, 2010
Don't really have to know. He is asking the age old question of what to do in a sideways movement for a trend follower. answer: Just do what you do all the time. Take the loss like a man. You will make it all back. Don't bother trying to outsmart ...
this is a debate about how to not predict the market
- thelws replied Jul 27, 2010
My strategy: Trend follower: My entry style: Buy/sell on pullbacks. When will my system fail: Most of the time, when the trend is flat or at tops or bottoms. By nature of pullback entry and trendfollowing, you will never get many bad trades even ...
Under which conditions would your trading fail?
- thelws replied Jul 24, 2010
I remember there was an old trader who posted once. He said he was like 50 something at that time of posting. He mentioned that in the old days, they would manually plot the candlesticks on a peice of paper with a ruler and pencil. They basically ...
Billion Dollar Day - Documentary 1986
- thelws replied Jul 23, 2010
BRB, I am the you in the future (maybe)
I am currently an engineer and I am trading. Unfortunately for me reality of working hits hard. You can have passion for engineering but sometimes an employer can kill that passion. Just a heads up about ...Would you stop trading if you found better paying job??
- thelws replied Jul 20, 2010
Just get forex tester and do the simulations. Its the best tester out there that I know of. I use it to simulate how rich I will become in 3 years. Took me a painstaking 3 weeks to finish running the simulation (Which I did every night and on ...
Taking it serious and accelerating my learning curve