Hi all, so that's the situation right before Christmas: image image Got stopped out in some more big trades and beside the NOK I feel more comfortable right now. Again, I made mistakes and that's one of the reasons I make this journal here - to ...

$5k to infinite

I don't trade that pair intraday but hold it long term. So the spread costs are not that relevant. Plus I get positive swap. I think the NOK is still one of the most stable currencies out there.

$5k to infinite

Yes, missed that. So what? You think it's a trend reversal? Uh dear...

$5k to infinite

I see your point. But what's with the double top in August? Did look similar. But I know what you mean and I will use more technical stuff in the future. I think I still have to learn a lot of stuff. I think I will add something from what PeterFM ...

$5k to infinite

No. Alpari UK is really a very reliable market maker. Never had any problems with withdrawals there.

Alpari

Good morning, nothing to hide, that's the current situation: image image That looks scary indeed, I know. Of course due to some stupid mistakes I did. I'm not dead yet. If(!) this is the bottom for now I'll be back in the plus soon. If not, ...

$5k to infinite

Ah ok. At least I saw no difference in the slippage and order execution with different order sizes. I tried it with 1,000 units up to 1,000,000 units.

Is Oanda OK for scalpers?

Because of what? Oanda is still great for scalpers. Verly low slippage, instant fills, no requotes, tight spreads. I had no problems so far with order sizes up to 1M.

Is Oanda OK for scalpers?

Yes guys, you're right. I was just overconfident. 1) I used too much leverage 2) I traded too many pairs (in exposure to the USD) 3) I closed trades too late I just said to myself that I could ride out this deeper as I usually do because of the big ...

$5k to infinite

Why I think the Dollar will continue to weaken in 2010: Let's make some assumptions about the money flows for 2010 regarding the Dollar. So we have on the Dollar demand side: USD demand (which would support the Dollar) due to: 1) technical ...

$5k to infinite

Good morning! Review Ouch... Dollar bulls are dancing on the street! The FED didn't change anything but that did not help the Euro actually. We saw some noticable move in the Asia session down to 1.4365. Lots of stops will have taken out, that's for ...

$5k to infinite

url Krugman got it wrong in September, says Faber By Joseph Marsh | 8 December 2009 US Federal Reserve officials also seem to miss the fact that excessive credit growth and leverage have driven monetary and economic instability, says Marc Faber. ...

EURUSD

url Krugman got it wrong in September, says Faber By Joseph Marsh | 8 December 2009 US Federal Reserve officials also seem to miss the fact that excessive credit growth and leverage have driven monetary and economic instability, says Marc Faber. ...

$5k to infinite

Yes, Heli Ben will be in one line together with Greenspan. Another poor guy who did create the next bubble.

EURUSD

Right dude, then buy your Dollars, I will continue to sell them.

EURUSD

Welcome to the club. Looks like you can only be destructive if someone has another opinion. Oh well I remember my younger days... Yes, but the nice thing is that Oil is priced in USD. So that was not a real problem for us. Everyone with ...

EURUSD

Yes it is.

EURUSD

Let me add one thing: You're right that the EU is in deep sh!t like the US. But at the moment it's just not sexy to own Dollars.

EURUSD

So what? Buy Dollars? Actually one should avoid both Euro and Dollar but as we are in the EUR/USD thread that's a bit difficult to argue. At the moment it's just a game of who hikes first. And that will be the ECB.

EURUSD