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emda replied May 7, 2009each trader has his own style... and if it's working for you.. it's fine... you may have a lot of experience but I wanted to suggest new traders that should not trade the news. The market is going to be there after that and will give more ...
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emda replied May 7, 2009hi jacko. nice to see you here
I agree with you.... trading should be about managing risk... and you can make more money trading longer timeframes than scalping news... and if there would be one indicator to use. that would be a Risk Indicator... ...EURUSD
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emda replied May 7, 2009I prefer to make 3 pips per hour... 24h a day... than 54 pips in 4 minutes in a very high risk moment some days.... but that's a personal preference only...

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emda replied May 7, 2009my advice is to stay out until 2 hours after the the press conference later why would you risk your money now? really... don't trade the news....
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emda replied May 7, 2009maybe ECB won't cut the rate but put some other measures instead... why I say this? no. I don't have secret information... it is just an opinion because normally when the cut is evident... price would price in that move before the news... not this ...
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emda replied May 5, 2009New York Fed Chairman's Ties to Goldman Raise Questions — url
The video store
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emda replied May 5, 2009I'm not trading a lot now because there is high risk... no good trend in any side... but I reversed to long at 1.3340 since it could be a false breakout of the trendline it will be very conservative trade.
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emda replied May 4, 2009lol this is not a game. it is a business. you don't need to be optimistic. just do your work. but good luck anyway...
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emda replied Apr 30, 2009USDCNY seems falling and falling and about to break support.... so USD should be weakening... as China is going to be the first world economy...(yes in my opinion) On the other side... the swine flu could affect to inestability and give USD a bit ...
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emda replied Apr 29, 2009I'm closing longs now... we are at major resistance TL from months.... I am searching now for shorts... I think we are going to range a lot now from 1.34 to 1.30 until ECB says what they have to say on next meeting....
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emda replied Apr 28, 2009by hedging is how you control your risk. if things go bad in your trade you can hedge to minimize a bit the risk hoping to resume your way after you close the hedge.
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emda replied Apr 28, 2009agree 100% they have to be thinking of sending us a meteorite to reset the planet and start again to see other options...
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