I think the difference is, and depending your rate of interest you are trading anywhere up to 10 - 20% annual interest. Thats ok if you think you can run a return of 40% to pay the interest and then your card? To me the argument doesn't make sense. ...

NFA Approves Prohibition of Credit Cards to Fund Retail FX

Totally agree.

AUD/USD

I agree it's definitely possible and being so close sometimes becomes self fulfilling. However I think that it may need one or two more positive fundamental calls and I just don't believe that there are that many left in the Australian economy at ...

AUD/USD

Just curious what fundamentals do you believe will drive the AUD above parity now or is this a technical call.

AUD/USD

The last rate rise and the big four banks increaseing rates last month really seem to have done their job. I didn't think we would see a drop that fast in interest rates next year. You would think we would see the AUD top some time over the coming ...

Aussie Pairs

I would be very careful about those numbers. The employments figures are a lagging fundamental and will be based on 2007 and some 2008 when the setiment in the economy was still bullish. The dollar moved higher in the eur and NY session but would be ...

AUD/USD

I would say it's on the cards 90% with .25 already priced into the market. I would say the only variable left could be .25 or .50 which is highly unlikely. I would also keep in mind that RBA has not done a back to back rate change for some time so ...

Aussie Pairs

A good place to start. url

More on Option please

The alternative DGuppy method for the Darvas Box is used to manage stop losses for todays higher volatility markets. With the original Darvas method the stop loss level can remain unchanged for a long period of time before a additional Darvas box ...

Darvas Boxes

Be intereted in the final result of this indicator although would suggest the modifications of the Darvis Box by DGuppy which is more suited for todays markets.

Darvas Boxes

Bronxterp, Sorry misread your question. I had these on a spreadsheet some time ago and will see if I can trace the document down for you.

Average trading range for each session

Yeah I agree with you on that. I had already been using the 3 candle method so didn't find anything new there. I thought that the modified Darvis box with the ghost boxes was a good strategy for trend trading with or without the GMMAs and adding to ...

Guppy Multiple Moving AverAge，GMMA

There are a couple of options you may want to investigate for a systems along with the GMMA indicators, one is the DARVIS Box and Darryl Guppies modifications to this strategy for exits and two the 3 candle pullback that is a common and effective ...

Guppy Multiple Moving AverAge，GMMA

The ATR indicator is the easiest way for you to see the average range. The ATR indicator is in your standard MT4 indicator list. Drag it onto your chart, change the style to non and set you period to 20, Repeat process for 30 period but drag the ATR ...

Average trading range for each session

It definitley seems that way with the rally towards the end of the US session on Friday. I was waiting for a larger pullback and re-test of the .8750 prior to entering which did not happen. It's looks like it's going to bounce around familiar ranges ...

Aussie Pairs

I believe we could definitely see a break of the .8750 as the price has bubbled over the last months. However I do not see a significant break happening this month. I consider that a large monthly range of 650 has already been achieved for November ...

Aussie Pairs

Hi TraderJR There are some good books out there for understanding Intra-market Analysis, understanding the business cycle and how that has a major impact on the relationships between stocks, bonds, foreign exchange and commodities and correlation of ...

Aussie Pairs

Will be interesting to see if price holds above .9000 in the NY session. Normally if theres no pullback in the NY session when we have had a daily range of approx 100 it's a good indication there is strong buying power behind the move.

Aussie Pairs

Yes although from time to time I am getting some complaints from my workmates.

The System (Irony included)