- Search Energy EXCH
- 17 Results (1 Threads, 16 Replies)
- RobertCorey replied Mar 19, 2015
Fundamentally I just dont see GBP rising 1000 pips, even if monthly chart supports it. UK election is coming closer, outcome either way may be bad for GDP GDP is too strong relative to Euro Regardless of what Yellen said, the market believes she is ...
- RobertCorey replied Mar 18, 2015
If you are looking for a good entry for a long term trade now may be the time. It could drop further to 1.23 but I dont know, the oil situation is pretty bad. if it drops to 1.23 i will go all in but may buy a lot or two here. When we run out of ...
- RobertCorey replied Mar 18, 2015
Your charts have helped me. On 4hr chart there formed a pretty good reversal right on your weekly line. Yes it did cross but it was a flash crash right at the close, that doesnt count. Artificial momentum... I think it will head downward. up by 40 ...
- RobertCorey replied Mar 10, 2015
Well technically Mario Draghis job is literally to manipulate the market. I know people say QE is priced in, but if ECB ends up buying bonds from foreign investors, those foreign investors will be selling EUR and buying everything else. I dont think ...
- RobertCorey replied Mar 10, 2015
Yes, but the rumor is that they are watching EURCHF, not USDCHF. And the level they are targeting is between 1.05 and 1.10 so you still have 350 pips to go. And what if the Swiss economy stalls longer than expected? The Swiss people want it weaker ...
- Where to get the official USDCNY Fix
Does anyone know where I can find the official rate for USDCNY set by the PBOC everyday? I dont ...
- RobertCorey replied Feb 28, 2015
Trillions of dollars are traded every day on the Forex market. Commissions are nothing. Dont get hung up on commissions. Commissions are a rounding error. Your win will always be someone elses' loss. If you buy EURUSD at 1.23 and it goes to 1.24 ...
- RobertCorey replied Feb 24, 2015
This is actually a good point. I take a picture of every trade I make, see what worked, what didnt work. I take a picture at multiple time periods too, and if there is any sudden movements on the 15 min chart I check for news releases. This way I ...
- RobertCorey replied Feb 23, 2015
Are you trading or are you gambling? If you are just randomly buying or selling, okay. You might be right. But if you are using technicals and fundamentals, yours odds of winning are not a coin toss. If EURUSD over the past month has been trading ...
- RobertCorey replied Feb 23, 2015
Tonight, fortune favors the patient. Congrats to anyone who stayed in. This was such a good setup I considered not closing, but Ive been burned too many times before by some Fed speaker. Yellen is not going to raise rates in June or probably even ...
- RobertCorey replied Feb 22, 2015
The OP makes a good point that if you always use max leverage, your odds will be against you as your losses will always be at a higher leverage than your previous win. The solution is simple. Use the same trade size until you have a net win streak ...
- RobertCorey replied Feb 22, 2015
The 8hr chart looks good and I will be going short here in a bit. But Im worried because Greece fears are over which could result in short term weakness in USD. Also the charts look like we could get some resistance on the way down. However it looks ...
- RobertCorey replied Jan 30, 2015
I was thinking about this the other day. The best slam-dunk trades I make were seen weeks in advanced. Just had to wait for the right time. In general trading on emotion is a guaranteed loss, so in that sense patience is key, as its much more likely ...
- RobertCorey replied Jan 17, 2015
A couple things here. During the fall, there were few quotes because no one wanted to buy. Who would be long EURCHF when everyone knew that CHF was way undervalued? A liquidity provider does just that. It provides liquidity. It does not create ...
- RobertCorey replied Jan 17, 2015
Of course stops are meaningful. Why they werent honored in this case is because there werent enough buyers. There were probably a handful of people with standing buy orders within a 100 pip region but after that on the way down there is no one but ...
- RobertCorey replied Jan 16, 2015
Good news that FXCM will live to see another day. But Jason can you comment on what exactly is FXCM's gameplay in the Doomsday scenario where it goes bankrupt? Which is still very much a possibility now that its up to its eyeballs in debt. Do ...
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