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- jw1981 commented Oct 25, 2013
Looks like the OSC just woke up and found the first broker they could lay their hands on, before easing back again. YTFX is just the tip of the iceberg.. If the OSC was indeed serious, they have their hands full when it comes to un-regulated brokers ...
Ontario's OSC warns investors about YoutradeFX
- jw1981 commented Oct 23, 2013
Although still not clear atleast some insights into the Chinese Banks bad loans.... Some of the analysts that i follow and respect faltered too... Citing stupid reasons such as profit booking, with nothing to back it up. Good insights... Its market ...
Is China Really Driving Today's Price Action?
- jw1981 replied Oct 23, 2013
Check if the weekly R1/S1 levels are often hit with this method. If yes, then stick to the recent low or high. Then to filter out the noise.. put in an RR.. so anything 1:1 (or even 1:2) should not be traded. See if that makes any difference.
Trend Catching System - Help and Modifications Required!
- jw1981 replied Oct 23, 2013
For H1.. try using the weekly pivots R1/R2/S1/S2 as TP levels. See if it of any help. For stops, try using the lowest low of the past 5 or 6 candles.
Trend Catching System - Help and Modifications Required!
- jw1981 replied Oct 17, 2013
Nice thread... I did dabble with SD zones in the past but moved on to other traditional approaches. I suppose the biggest issue is in identifying the following: Identifying bad levels of SD I do reckon that fresh levels offer the highest probability ...
Price Action made simple with Supply and Demand levels
- jw1981 commented Sep 25, 2013
This one comes from an options trader based on the island of Mauritius... The trader writes, '...I keep everything simple, I trade plain price action, no indicators, no news, with experience I have come to learn that only price pays and nothing ...
21 Photos Of Home Trading Desks From All Around The World
- jw1981 replied Sep 20, 2013
Fx Bunte.. first of all congrats.. hope you made some decent pips off the FOMC 'shocker'. I saw it coming too and rather than post my convictions, I just shut out the crap and traded on what the charts told me. Yes, relying solely on TA doesn't ...
Taper? Maybe not, look at this chart
- jw1981 commented Sep 19, 2013
efx isn't to be blamed.. Their articles come off the fx newswire service. Check netdania and you pretty much get the same content.
Trading The 4 Components Of SEP FOMC - Barclays
- jw1981 commented Sep 18, 2013
Your previous comment (if you recollect) on another post was a tad too early. Its a shame that you aren't in the long AUD today. Anyways, there's always next time. Do expect the USD to gain back. Debt ceiling isn't too far away.
Trading The 4 Components Of SEP FOMC - Barclays
- jw1981 commented Sep 18, 2013
Lol!!! This is exactly why FF's news feed is getting crappier by the day. No sympathies for those who were long USD... Oh.. efxnews should be renamed to trashfxnews. By far my best FOMC trade ever!!
FOMC Shocker: No Taper
- jw1981 commented Sep 13, 2013
forex trading 101: trade opinions are like an @ssh0le, everyone has one.
Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- jw1981 commented Sep 13, 2013
Good on you and good luck. Will check back in 4 hours from now!!
Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- jw1981 commented Aug 7, 2013
GU has been just swinging on H4 directionless.. I think this might be the tone of the rest of the conference.. so far it looks neutral/positive for the GBP. Focus could be on upcoming data from the UK here onwards, especially the unempoyment rates.. ...
Bank of England Governor Mark Carney to unveil new interest rate promise
- jw1981 commented Aug 7, 2013
Could swing eitherways.. although if you notice, most GBP pairs are positioned as if they are going to drop. recent eco. data has been quite positive and bullish for the sterling.. but maybe carney might want to slow down the sterling's rise.. a ...
Bank of England Governor Mark Carney to unveil new interest rate promise
- jw1981 replied Jul 29, 2013
Thanks a lot for that thread Ishtana... Lol @ 'convergence' (Must've been a Eureka moment, even if it lasted for a few minutes)
I don't look at divergence alone but use it in tandem with a trading system's rules. Just that I came across ...Question on Divergence Set-ups
- jw1981 replied Jul 29, 2013
Thanks for the explanation. Looks like its not as simple as spotting a divergence and taking that trade.
Question on Divergence Set-ups
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Question on Divergence Set-ups
Started Jul 28, 2013|Trading Discussion|4 replies
Hi Guys, I recently started looking at divergence as an additional confirmation tool for my ...
- jw1981 commented Jul 26, 2013
The documentary, 'The Inside Job' has a good deal of info on these thugs, especially larry summers and his past antics. Surely, Yellen is a better candidate than summers.
Opposition mounts to Summers as possible Fed chief
- jw1981 commented Jul 23, 2013
This is quite important. I have a trading system that works on the same lines. Problem was that I started entering trades a bit too early. Finally decided to get myself an alert indicator coded with strict rules and started running this on my MT4 on ...
How You Can Build Patience And Discipline With Ichimoku
- jw1981 replied Jul 22, 2013
I haven't really come across a trading journal (although i do see some traders posting their screenshots using some windows based journal). The best and cheaper (free) alternative is to use tradingview.com You can set up your indicators and also ...
Trading journal tools