Yes we are . And join the club, the water's nice...

EURUSD

I think the good $ news earlier this week has the market preparing for a possible rebound. Mixed together with negative news for EU and $, the market is very confused (as seen in the general direction statements on this forum and others). EuroZone ...

EURUSD

Good ADP #s for US... EU headed to 1.54 territory? I just picked up 35% in a couple minutes, looking for break of 1.5560 to continue downtrend. Brent looking indecisive at the moment... Big Oil trying to keep it above 100?

EURUSD

I agree, or at least feel that it will head in that direction. With Bernanke's speech to the JECC tomorrow and a slightly better than expected ADP, EU would be highly volatile and potentially continuing this slight downturn. How low will she go? ...

EURUSD

First of all, Welcome! And good observations, btw. I think a lot of people are waiting for the triangle to break, so staying out is a good idea at the moment. Today has been a day for scalpers, no doubt, even though I only came up with 3% or so ...

EURUSD

Well put... I am leaning towards downward momentum, only because we have failed to penetrate 59 level again and it is Friday. Looking for the profit-taking to short EU. Wishful thinking, maybe...

EURUSD

Excellent news! I will give EMA a try as well. And thanks for the tip on FXSolutions, I'll definitely check them out. When I started trading FX over a year ago, I was ignorant to the differences in trading companies, so I just picked the first one ...

EURUSD

Thanks for the update... Where do you go to view Oil charts?

EURUSD

Right... I am a moderately experienced Forex player (not trader, lol) and I like to scalp one or two pips at a time with full leverage of 100:1 on my account. However, my FX acct is only approx. 5% of my total savings amounts, so it's like I'm only ...

EURUSD

So different brokers can set different lot sizes? Did not know that, and thank you for the corrections. Does anyone know of any brokers currently offering 400:1 leverage? I would like to research these types of companies and get the opinions of ...

EURUSD

Please correct me if I am wrong, but 1 Lot = $10,000 right? Therefore 10 Lots would be 100k, not 1mil.

EURUSD

Seems to me that if you used 100:1 leverage, your account should have zeroed out sometime yesterday, right? I also do not suggest full leverage for learning purposes, unless the amount used is miniscule ($5, for example). This can be a very powerful ...

EURUSD

I'm thinking we might see more than expected US Unemployment Claims this morning. Possible retest of EU high? What does everyone else think?

EURUSD

That's not too far fetched. My very first month of fx trading netted me around 430%, going from 3k to 13+. I've secured (withdrawn) far more than that and trade about 5% of my savings at any given time. The rest is in a HY Savings acct. making 4% ...

EURUSD

Well put. I have found that a single (91) sma is a fairly accurate bouncing/breaking point for EU on the 1M charts, give or take 5-10p. But that timeframe is more for the scalpers and "all in" players, like myself (full leverage) looking for a pip ...

EURUSD

I'm just curious... What in the last 6 months indicates that EU is too weak?

EURUSD

Very good point. I think the value of USD has a very strong inverse effect on Oil, so USD goes down and Oil goes up (EU up, too). No idea as to which leads which, though. Thanks for the input!

EURUSD

Not a real big surprise for USD New Home Sales, but still to the upside... However, nervousness still abound, most likely due to good EUR news and weak USD Durable goods. I myself am indecisive on which direction EU will head. Anyone have some more ...

EURUSD

Very Nice! However, I risk my entire account for every trade I make, that way 5-10 pips = 5-10%. K+ on your nice trades, though.

EURUSD

Surprisingly, volumes are at a decent level today, and price action has been up 50 and down 50 in the last 5 hours or so... I might stick around for a little bit today just to see if I can snag an easy 5-10. Anyone else?

EURUSD