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- investor_me replied Aug 29, 2011
Welcome back Eric! It's been a rough week for many of us. So it's indeed a good time to do more training and more examples. Thanks a million for this.
- investor_me replied Aug 27, 2011
Thanks for this valuable feedback. I've also noticed that this week was rather choppy and even if the strategy didn't work for the week or a month, it doesn't mean it is a bad strategy but rather that there is no perfect 'holy grail' strategy. As ...
- investor_me replied May 20, 2010
Could you share your .set file? Maybe we could give some thoughts on it.
- investor_me replied May 18, 2010
It's all been predicted 2 years ago. The million dollar column of Forbes.com: url
- investor_me replied May 3, 2010
I have a hunch that this EA could do better on higher time frames, i.e., H1, H4, daily as I can see that the trix are fairly good in giving an overall feel of the long-term trend. However, in such cases, the use of an EA may be an over kill because ...
- investor_me replied Apr 16, 2010
I have been trying to set up the EA based on the below simple rules but couldn't, could you help: Trade long based on 1) The fast and slow trix are in the same direction (green) 2) Price is above the cloud & coral 3) direction is the same with the ...
- investor_me replied Apr 15, 2010
Indeed, who would have thought that the gap would need a few days -instead of the usual few hours- to close? It is amazing how one learns from such interesting experiences!
- investor_me replied Apr 12, 2010
The fight between the bulls and the bears over the 1.36 is getting really ugly. A win today could be critical for the rest of the week. Let's see! image
- investor_me replied Apr 11, 2010
Nothing is guaranteed in forex. But your 'edge' is to go with the higher probability, and gap closure has been historically complete 90% of the time -based on the article- in a few hours after the Asian session. Don't forget your MM though!
- investor_me replied Apr 11, 2010
Money is already there my friend. Remember, those guys bought the pair, why else would it jump over 100 pips? If all traders sell, all that will happen is that the pair will go down quickly! It's all logical.
- investor_me replied Apr 11, 2010
Seize the opportunity, here's another good article on gap trading: url
- investor_me replied Apr 11, 2010
Good read for anyone interested: Trading Gaps in the Forex url
- investor_me replied Apr 11, 2010
What price do u think could be a good sell entry? 1.359?
- investor_me replied Apr 11, 2010
EURUSD already at 1.358. Could the below news make a big difference this week? EU deal sends message no one can play with euro-Greek PM Sun Apr 11, 2010 1:22pm EDT "With today's decision, Europe sends a very clear message that no one, any longer, ...
- investor_me replied Apr 8, 2010
If it closes high today, it would be forming a double bottom on the daily, something that may point to a long-term reversal. But let's wait and see!
- investor_me replied Mar 29, 2010
Why not? I'm shorting too (although my target is way above). The overall trend is still short, you know. At least until 1.3500 is breached, shorts are my preference.
- investor_me replied Mar 28, 2010
I widened my SL for my shorts to above 1.3510. Hoping the gap would close as it usually does. Maybe it would take a while longer. I'm still thinking that the 1.3500 level is too strong for the Asian market. Let's see it go down tonight. If it ...
- investor_me replied Mar 28, 2010
Funny you said that. I remember reading somewhere that speculators sometimes do OPPOSITE what the news suggest, especially if what is in the news is explicit predictions of the market, such as 'Euro to go down', 'Euro trouble ahead', 'Is Euro on the ...
- investor_me replied Mar 28, 2010
I believe it may be a safe trade to sell as the gap is closed 90% of the time based on past experiences!