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Price replied Oct 6, 2011Well I'd have to go way out on a limb and make some assumptions, but.... the real difference lately has been the volatility. September has been a busy month in the markets. And although several currencies have finally made some large moves, the ...
Alternative market - during these times?
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Price replied Oct 6, 2011Yes, you are right. I was simply offering a possible alternative to someone who finds the recent conditions difficult to decipher. But yeah, each has their own view.
Alternative market - during these times?
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Price replied Oct 6, 2011"Most" traders focus on Euro. I have no idea why that is, but it seems to be the case. Many years ago, Euro was an excellent trending pair, with volume and volatility. It also went in one direction, so if you were wrong, just wait it out. Nowadays, ...
Alternative market - during these times?
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Price replied Oct 6, 2011On the subject of 'one man's gain is another's loss'... this is the way business works. I've seen Home Depot and Starbucks set up shop right next door to their competitor with the full intention of driving them out of business. Is that bad ?? No, ...
Are Traders Psychopaths?
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Price replied Oct 5, 2011Guys, you could see if you click on his name, that Hoss hasn't been in here for a few months, but that's cool, it's still helpful to go through some of these past threads. Just can't really expect a timely answer from the thread starter. On ...
EUR/USD Scalp 1 min
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Price replied Oct 5, 2011Same here, 2003.... I have a 4 digit account number.. No negative issues with them. I like the instant execution with no re-quotes. The only "slippage" I ever get, is if I hesitate to pull the trigger. And that's not even slippage, it's just ...
Years with OANDA?
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Price replied Oct 5, 2011If this is going to be a short term top, then that spike was a perfect stop clearing setup. That should be just enough to put some fear into the shorts and even inspire some weak longs at the top. If I see short signals this session, I'm going to be ...
EURUSD
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Price commented Oct 5, 2011"This is the story they decided to come up with before running the market higher."
This Is The Story That's Made The Market Come Surging Back
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Price replied Oct 5, 2011If you have a reason to use third party charts, then go ahead and use them for analysis, etc. But, when it comes to entering a trade, use your br0ker's chart because that's the price you're trading on. So, just because a third party chart shows you ...
Third Party Chart? Broker Chart?
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Price commented Oct 4, 2011Yeah, Cramer's personality is what sells. I think MAD magazine would do well to feature him.... that's funny.

Cramer: 5 Reasons the US Is Not Europe
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Price replied Oct 4, 2011Thanks Pepe, I can agree with the 10,000 hour rule. I actually came upon that while reading Brett Steenbarger's explanation of 'implicit learning'. I tend to believe it is the subconcious mind that can eventually get trading right. I think that is ...
Which is True about forex traders?
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Price replied Oct 3, 2011Actually, I think it's much harder. There is really no way to 'predict' what a news release will do to an exchange rate, regardless of the number. Sometimes it seems obvious, but much more often it is not. Trying to predict a movement based on a ...
Why does news have reverse effect on the Currency?
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Price replied Oct 3, 2011It's impossible to define what percentage of "traders" are unprofitable. Many try a few times and quit in frustration with a quickness. Many struggle indefinitely, and some make it to consistent gains. But, a lot of activity in the market is ...
Which is True about forex traders?
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Price replied Oct 3, 2011Hi Smokey... so your chart looks like about a 21ema/11ema cross with a basic direction indicator. Is this something you want to share and discuss... because, you're not looking for young fools to spend money on something so simple, are you ??
EURUSD
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Price commented Sep 26, 2011Well, the 'good' news for me would be that, this mess would seem to put a big fat thorn in the side of any idea of a North American Union, or One World Currency. To me, this all points to the fact of that crap ain't gonna work. Better to learn that ...
Geithner Predicts Europe Will Move With More Force
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Price commented Sep 23, 2011As soon as 'everyone' is convinced that Gold will only continue to fall... then we shall have another bull run. Until then, and as always, I will just be following the charts. They're always right.
Gold Declines More Than $100 in New York on Sales Driven by Margin Calls
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Price commented Sep 23, 2011Default can't be ruled out ?? What's the opposite of that.... because it's a bit of a mathematical certainty that Greece shall default. For the average person, who is clearly bankrupt.... I suppose if the bank all of a sudden said, "Don't worry ...
ECB's Knot Says Greek Default Can Not Be Ruled Out - Report
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Price replied Sep 22, 2011Well the US Dollar seems to be moving the market today. AUD and Kiwi are showing a better short signal than Pound and Euro. (Short term charts / Asian session). I grabbed a couple short scalps today and am waiting to see if Euro is going to resume ...
AUD/USD
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Price replied Sep 22, 2011There's some true stuff here. (Not the first post). Yes, a single strategy without taking into account new developments in the market would eventually fail along with the pre-programmed robots. You do need to be flexible. And it does take time. But, ...
The XXX Alure Of The Trading Reality
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Price commented Sep 17, 2011Well people need to put their money somewhere... and with the choices being things like Swiss, Yen, Euro, and USD.... I can see a lot of reasons to go with AUD. It's a commodity currency with ties to Gold.... so, at least it has a 'perception' of ...
Three Reasons Why the AUD/USD Will Retest 1.1000