I couldn't agree more with this post. Great one. I know that my trades always do better when I am not there to mess it up!

Real - Trading for a living

If I may: Think about how little it takes to move 20 or 40 pips. Do the math. It's a tiny fraction of a percent in value of a currency. Let me ask you this: What if it were more like....I am risking 150 pips to gain 275? Do you think you could ...

The System II (Yes with irony)

Who is in that avatar of yours - he's quite scary.

forex during a recession?

I love this post. I would add one thing: There are random events that can change price for a while....but nobody can predict a terrorist attack, for example. However, in general, price is not random. There are S/R lines for a reason.

TA self fullfilled prophecies... what a joke.

I hate those days.....ugh.

EURUSD

I would highly recommend using Excel. This way, you can customize it to give you all information that you need. Granted, there is a little bit of a learning curve, but in an odd way - spreadsheets helped me in my trading. It really brings home the ...

Forex Trade Log

Is this the same tdion that recently admitted they were ready to "start trading live"? Hmmmm Either way, and who cares.... I trade Price Action / Technical Analysis. I am profitable. Does TA or PA work? Again who cares? I make money doing it. That's ...

TA self fullfilled prophecies... what a joke.

The ability to place a trade, and walk the hell away from it. Let it do it's thing. Also, if you are stuck at home, a bit of skill in something like World Of Warcraft doesn't hurt either.....to keep you from messing with your trade!

Best single characteristic of a trader?

Spiky you say? Parabolic move to say the least. These are the moves that correct quite violently. Can you say "Oil" anyone? "Aussie Dollar" maybe? I don't know if it will actually make it to parity or not. However, I do know that one nasty ...

UK joining the Euro? EURGBP at 1.0000 ?

Advice would be to wait, until the 5th of January or so to make any trades.

Possible Scenarios of the Situation Development with EUR/USD in early 2009.

EUR/GBP, not GBP/USD.

eur gbp short what u think ?

He's as big as a Mack truck! Thanks for asking. I can't wait to see your next thread.....and no worries, being profitable (like the 2 threads would make a trader be so far....) is always interesting! Clockwork

The System II (Yes with irony)

I am confused: I thought you ask for people's opinion. I guess not, since you have already made up your mind about GFT. So please, stop clogging up the internet with this nonsense. As far as Hipster is concerned, I have no doubts as to his ability ...

GFT Forex Discussion

I didn't really have any issues with GFT either. I got slipped in my favor 50 pips once on an absolute meltdown in USD/USD. (Feb of 2007). They knew about it because I called to make sure all was good - they even let me keep it. Go figure. It is a ...

GFT Forex Discussion

Spoken like someone that doesn't understand technicals.

Why Indicators will fail you

Pay attention children - like the man said "due to the nature of the markets". Somewhere around this forum there are people in a thread talking about EUR going to 2 next year. Funny, because there is a huge amount of puts being lined up for 1.20 in ...

The System II (Yes with irony)

Yes. Wait until after Non-Farm Payroll Friday to place any new trades. It's the holidays, and nobody is out there trading. Leave it be until then.

james16 Chart Thread

Yes, the interest rates are 7.5% vs. 0.25%. A great carry trade, in theory at least. As far as announcements and economic releases, there is always this site: url After all, it's India's Central Bank. They might know a few things about the Indian ...

USD/INR for Carry Trades

Uh. Hello? — How many large orders do you think are being filled a few days before Christmas? It comes down to it being an illiquid market.

Wide broker Spreads

I would venture to say there is a reason for this. And it's simple. This doesn't happen to those people very often, so when it does - they gloat. But then again, gloating shows a lack of self-control, and in that....a lack being able to ride it out ...

Who Got Rich and Who Got Burned?