- Search Energy EXCH
-
traider commented Jan 1, 2012Yeah right. It's Xmas time and Walmart is chocka with shoppers. Where do you think the stuff comes from? Lapland?
Chinese Manufacturing Index Rises to More-Than-Estimated 50.3
- traider replied Dec 31, 2011
Hiya knoholygrail Is it possible for you to explain what it is that confirms decisive rejection of your defined support or resistance. Ta
EurAnalysis
- traider replied Dec 31, 2011
This much I will say to superdezign. If he cannot ascertain the markets objectives from a 5 minute chart which I consider an ideal venue, he has a long way to go. However, once he gets there, it will all become clear so keep asking these questions ...
Price action is dumb, and you're lazy for thinking otherwise
- traider commented Dec 27, 2011
This is less about emotion and more about seeing the connections. Without the big spending West, China would be a useless investment destination. The West's unique role as a big spending working class is a legacy of the Cold War. Rogers had better ...
Jim Rogers 2012 Outlook: Pessimism With Scattered Crises
- traider commented Dec 27, 2011
Is this guy for real. He invests in the very country that is central to the debt juggernaut that is driving what (illusory) growth there is in the West and he complains about the debt! Without the massive Western spending behind the Chinese returns ...
Jim Rogers 2012 Outlook: Pessimism With Scattered Crises
- traider commented Dec 27, 2011
Hardly. The transition of poor agricultural Maoist China to manufacturing heartland of the world was engineered with Western capital, a nod from Mao who was largely a nationalist and of course Richard Nixon as the intermediary. The Security Council ...
'Euro is not to blame for crisis'
- traider commented Dec 26, 2011
Given that the vast bulk of the planet's cash is heading to China, where is the incentive to change the status quo? China is an excellent investing vehicle, America an excellent consuming (returns) vehicle.
'Euro is not to blame for crisis'
- traider replied Dec 26, 2011
It depends on which candles you are looking at bearing in mind that they simply encapsulate the flow of quotes...they don't do anything else. Most are misinterpreted....the few that are critical are hard to spot. That in a nutshell is price action.
Indicators CAN work!
- traider replied Dec 26, 2011
I don't mind whether the market is volatile or trending. Once one gets clear direction from the data, it tends to move. The low liquidity stuff tends to be all over the place however. There is the odd signal but I tend to use the choppiness as an ...
No Trading Today 26th December 2011?
- traider commented Dec 26, 2011
Power corrupts...everyone! Put yourself into a position of substantial personal gain opportunities, and you would relent. There is nothing anyone can do about it other than recognise that with time, change occurs. In the meantime, enjoy the wild ...
'Euro is not to blame for crisis'
- traider commented Dec 26, 2011
The creation of the Euro zone simply sowed the seeds for the housing boom which essentially created a one dimensional growth devoid of much substance. Couple that with the legally empty sub-prime property title derivatives many of the world's banks ...
'Euro is not to blame for crisis'
- traider replied Dec 25, 2011
It depends on whether your broker makes market data available on these days. However, assuming data is available, bank holidays will keep liquidity low and the data choppy and largely directionless for the early part of this week. I have only seen ...
No Trading Today 26th December 2011?
- traider commented Dec 23, 2011
The most important of course is technical skill. Then money management follows naturally and seems natural in how you determine it. For example, I know exactly where meaningful buying or selling is taking place and I will set my investment 10 pips ...
How much capital should I trade forex with?
- traider replied Dec 21, 2011
@fx This is a hard game but one that can be mastered with time and patience. I wish I could show you some of my method but its so complex and basically convoluted that I would be doing you a disservice. A lot of it is pure gut instinct. But hang in ...
EurAnalysis
- traider commented Dec 21, 2011
The banks require this funding as their balance sheets are chock full of bad paper from the sub-prime era. Its the only way they can appear liquid from year to year. Take away this funding (until they resolve the legality of the paper) and the ...
ECB Will Lend Banks More-Than-Forecast $645 Billion to Keep Credit Flowing
- traider replied Dec 21, 2011
For what its worth, the Euro is drifting at the moment. There was one long signal but then its fizzled so its anyones guess where its headed.
EurAnalysis
- traider replied Dec 21, 2011
I wondered about this. I had a very strong sell signal on the aussie before the news broke which had me scratching my head. It's why I tend to stick to the technicals. Having said that, it's an education in fundamentals visiting your thread.
EurAnalysis
- traider replied Dec 21, 2011
If you don't mind PK, where do you get these bid numbers from? Ta
EurAnalysis
- traider replied Dec 21, 2011
I bought the cable at my signal candle and am 55 pips in credit using this method that apparently does not exist due to the markets randomness. If people aren't prepared to understand this market, they will be burnt badly as it is a minefield of ...
Do you guys find that forex trading sucks?