@HapaSasa In trading, when the army is non engaged, scouts must always remain in battle field to gauge the marrkets form. By standers in a battle can hardly "feel" the emoions in the fight. If traders avoid the markets altogether, then point of ...

Technical Analysis Fallacy

@ Leon Sorry not familiar with "Bird watching in lion country" therefore cannot comment.Sorry Only thought, on that is, if this chap is making good in markets why trying to SELL methodology for a living? and using spamming methodology in the ...

Technical Analysis Fallacy

@ sitoca not dow waves but elliott waves. regards

Technical Analysis Fallacy

Hi All, An good read about understanding self and risk. url regards

Technical Analysis Fallacy

Hi alexfot, In trading, it is quite impossible to KNOW if a trader is trading a market that runs. As professionals we have to be trading it all the time when we come on board. For traders too, many must be able to trade the markets whenever they ...

Technical Analysis Fallacy

Hi bluelabel, I believe this is your 1st post here. So you were teir 1 trader fx, were you ever spot desk dealer? Does William C___ ring any bells? regards

Technical Analysis Fallacy

Hi ALL, Actually, I am waiting for the comments about Lesson 2. How you understand Lesson 2. I didn't elaborated Lesson 1 because it was well discussed mostly in Chapter1 comments which Leighsww started. Lesson 1 is not only chapter1 of Sun Zi Bing ...

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Hi Northpro, well in begining of the testing their platform , I felt the same. A broker thats customer sensitive. Mostly checked out well. then I found that they lied. Sudden death. No dealing desk, streight to banks, only the layman will believe ...

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Hi Zoran, No. Butterfly options on the yen, its strategic currency option position. Refer any good options strategy book. Merlin's favourite book has it as well. It 's basically advance professional strategy. You can engineer, zero cost option ...

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Aye, daytrading, Point taken. Thanks for updated info. Agreed, the battle field is in the markets, not with the services. regards

Technical Analysis Fallacy

Hi David, EUR/USD is pals of USD/CHF only. The spouse of USD/CHF is Gold. Sorry can't help you with CHF, she's not in my harem. Your understanding of the E/U and G/U relationship is wrong. It is the behaviour of the majors thats affecting the ...

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Its the reading of the scams at the retail end thats scary. Picture this. If I was a retail broker. Took price feed off the broker feeds. Made a module that reads that feed. Then have a module that reads the customers blotter on every trade and ...

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Hi jku, just my 2 cts. Socgen is a "good name". From my sparing with them in my days, they do have layers of safeguards and structural risk infrastructure in place to protect reckless risk. Somehow, it seems to have failed. The question is WHY were ...

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Pipal, Your advisement is appreciated. thanks regards

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Thanks forexluvr for the link. But seems like retailer trying to describe the wholesale business. Having said that, Well, he's not all wrong, just not having being there. regards

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Hi daytrading, Thanks for the updated info. Will check it out. Someone should wake oanda up, huh?LOL USD25 still seems high to me. When I was retiring, the bro was going to single digit dollars. Would be expecting much lower bros now. One question. ...

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Hi Zoran, I am not privy to what happened at SocGen. I try to ponder about many questions from reading that report you linked. The bank said the fraud was based on simple transactions, but concealed by "sophisticated and varied techniques Aren't P&L ...

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Hi Alexfot, Since markets were slow, I spent some time on the oanda platform. Firstly, the platform has horrible colour scheme. Nevertheless I gave it a go. Using it is very cummbersome, would surely get killed in fast markets. Orders book was also ...

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Sorry friend, but I think I read about how this wannabe tried to mouthpiece for CB, I think she works for FXCM, if not mistaken. I think she's broker, whether legit, big ??. For now, she's in my books as small potato wearing big hat. Seems jack of ...

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Hi Pipal, really EFX, they charge $50 per mio. Didn't realise that as only second day on it. Been making $$ so didn't pay too much attention on the bro yet. Thats highway robbery, LOL the search continues, any specific suggestions? So far MT4 seems ...

Technical Analysis Fallacy