I Did not follow today's TIC, but I believe you need a 50B deviation to trade the TIC. It came out 37B worse than expected. Were you able to successfully trade it with the 20B trigger today? If so, what currency pair did you use?

US Current Account / US TIC

Interesting thread. I am mainly responding so I can subscribe to the thread. I used to like to listen to the news and respond, which can still be a viable strategy with very large deviations from the expectations. However, the widening of spreads at ...

Predicting direction of economic releases

I turned off Trade the News, as an experiment, for the CPI announcement. Played it like a video game with 1 mini lot. Made about 20 pips using forex factory to check the number which came in as expected (the CPI excluding #-which i think is the big ...

Consumer Price Index - Can you predict the direction?

:surprised DAMMIT! at work and logged in 2 minutes too late. (damn brokers). happy trading

RBNZ Interest Rate Statement

If you truly believe you know what your are doing, demoing cannot teach you anything more. You may want to keep it as a way to test "systems" should your current method ever let you down. It sounds as if you are either getting lucky taking gigantic ...

Beginners have faith! fast progress is possible

Am I the only person on the forum that won't straddle? I have tried it and got burned with volatility and an unusually large spread increase before. It seems like it would not be useful unless you could straddle pretty tight. Perhaps this is another ...

Heads Up: CHF Rate Hike (Sep 14)

Numbness is the 7th step. Congrats, only 5 more steps to go!

Broker Complaints …Get over it!

Holy grail is not a great term to use around traders unless you enjoy being flamed. People will get joy out of telling you how wrong you are-- it seems to be the twisted cousin of the natural human urge to be/feel right. Which, of course, what I ...

Beginners have faith! fast progress is possible

The trend es tu amigo. I thought the GBP cpi report offered a nice spot to short the gbpusd and did so. The US trade balance came out as no significant difference (imo) and I am holding on-which is with the long term trend as i see it. My spanish is ...

US Trade balance 12:30 Gmt

most of these trade the news threads are scalping via economic report threads. it is a type of fundamental trading, but it by no means encompasses all that is a fundamental approach. the release of economic reports affects every trader in the ...

Trade According To News

Just my opinion, but a 2.5B deviation from a 65billionish expected report number is not a big enough deviation from the expected to generate a sustained move for any of the currency pairs. Price charts do not drive the market anymore that a cars GPS ...

Fundamentals Rule!

i don't really see how you can truly reverse your system..... unless your stop/loss and take profits numbers are equal. then you could just reverse your pick-long or short; otherwise, you would be changing too many variables for your new system to ...

reversing a losing strategy

Great......... now someone has upstaged me on the politically incorrect avatar scene. good luck with your system.

Okay...here it goes

keep it civil, man. i'm certainly not even close to anti news and i very much want to hear everyones input. i do not think straddling can work as a long term strategy IF alot of traders do it. Who will take the other side of a trade like that? it's ...

UK Trade Balance 9/11 4:30EST

I think it's good to believe that anything can happen. That kind of money demands significant performance. Not average performance, or a job title. Actual results. Good luck.

Forex Career Profile

Thanks for the post. This is currently my biggest obstacle.... which I am addressing. The thought of 10-20 losses in a row still makes me sick at my stomach though. Which means I have a long ways to go.

Enjoy the Obstacles, by Dr. Van K Tharp

Be careful what you wish for.:

Family Guy

I am curious to what pairs you like, Mr. Trend. I too, depise the eurusd (except for the first Friday of the month) because I cannot win with it. I have been falling in love with the gbpusd lately cuz it's like the energizer bunny--just keeps going ...

Determining Trend Using Price Alone

Oanda puts some pretty hefty spreads in for the 1st few seconds of a news release. The eurusd is not too bad though. Oanda's stand is that straddling exploits a technological defect and they lose money if they guarantee spreads at news release time. ...

news trading broker warning

Do tell us what created that move if it was not some traders utilizing that economic report to place the USDCAD orders to drive that price up? I suppose a company could have happened to fill a huge order and needed to convert CAD into USD. that's a ...

news trading broker warning