I've been day trading about a year to date. I have trades all major pairs except Aussies going on paper 24-7 (make that 24 - 5 1/2!) while I trade live. I trade STRICTLY with the trends and let all my paper trades run their course. Since I ALWAYS ...

Why I can't win

I've been day trading about a year to date. I have trades all major pairs except Aussies going on paper 24-7 (make that 24 - 5 1/2!) while I trade live. I trade STRICTLY with the trades and let all my paper trades run their course. Since I ALWAYS ...

Why I can't win

Sucky trade days — My idea of a bad day to trade is when none of the trends look stong. This is usually going to mean a carry trade unwind. If the market stops it could be a small dip -- or due to somehthing else. If the trends just look kinda ...

How to spot a waste of time trading day...

What goes up/down must go down/up — I've never seen a spike that didn't correct itself within a day or two -- or three. They are virtually always based on news. Remember last Thanksgiving when gbp/jpy went berserk?

lose my shirt with news?

Carry trade upsets whole market — Take it from a newbie type person who lost her whole first 3 mo of profit on carry trade unwinds: The unwinds affect the whole market: They tend to artificially de-value EUR, GBP, and NZD -- because they are ...

Carry Trade [live progress]

What about volitility? — If the BOJ finally does (at some point) raise interest rates high enough to end the carry trade, would that affect overall market volitilty over time? I'm wondering if a move like that could slow the whole market down ...

Daily GBP/JPY analysis

yes -- in a slow boring momentumless way — 1

Daily GBP/JPY analysis

Just my opinion but... — You are ABSOLUTELY right!!! The reason the market dips on Friday Afternoon IS because most EXPERIENCED traders are PULLING OUT of the market at that time -- Not making new trades. Parameswara is right, too "gapping" is ...

My weekend mistake

ahaa! for me — I am a day trader. After 3 months of paper I started trading live on Oct 4, 2006. I had been "advised" by a broker that 10% of my acct was a good leverage for each trade so that's what I did. I am a great chart reader, and I ...

What Was Your "Ahaa!" Moment

I agree with the no pip goal theory. There are simply good and bad days to trade. Best to have the discipline to stay out of the market altogether if necessary sometimes. I'm a day trader, and I've finally learned that a very slow or weird looking ...

What is your daily pip goal?

Ever traded during a national emergency — I would like to know if any of you were ever caught in a trade during a national emergency -- such as 9/11/2001, Tsunami, Terrorist attack, etc. If so what was your experience? If you attempted to sell ...

Ever traded during a national emergency

civil defense — Thanks for your imput, but I really do want to hear some war stories. My charts don't go back that far, and don't give results of individual's experience with brokers. I sincerely hope you had good luck, if you were trading ...

Ever traded during a national emergency

to MrMikal — yes, but when they do raise them, will the yen stay up for a very long period? or just a day or two?

jpy Interest Rate Statement

Weekly comments re:hike — I'm a Newbie, who was doing extremely well until the Jan 4 comments from BOJ that they may raise their interest rates. Have any of you noticed that rumors have arisen every Monday or Tues since about BOJ rate hikes? ...

jpy Interest Rate Statement