It's a bit risky to have open positions during Christmas, with such a low liquidity a single large trader and move the market a lot, causing price spikes and easy stop hunts.

Bank holidays & trading

Yea, altho sometimes trading is light that session.

Bank holidays & trading

Looks like a double top to me. Wait for a retrace, draw your trendline and short ya go.

Gold Discussion

url Good section on the economy and currency And: url Not so much for the analyst opinion, but for the number targets they occasionally discuss. Good to know what other traders are looking at.

Post the links to the financial/trading-relevant websites you visit each day

If you're working on your own it doesn't matter what you study, since nothing you can study will adequately prepare you for trading live except trading live. So what's the point of the topic then?

Should I study Economic or Finance?

The dispassionate discipline of a logical mind is useful regardless, it is a skill taught in coding. And how do you think valid chart patterns come to be recognized? Thru statistical analysis. Should these patterns change an ability to search for ...

Should I study Economic or Finance?

There is a bill that is likely to pass congress at some point that would require all FX brokers to be a member of a futures association (NFA, ostensibly). Likewise, check to see if the bank you're dealing with is a member of any regulatory agencies. ...

Interbank Spot: "Bank Reversals" Make it a Fools Game???

Not directly, I went short back at the top of the channel a few days ago. Gotta say this was some week... wow.

USD Strengthening coming to an end???

Looking for something to indicate a swing high/low? Closest I know of is a fractal indicator, altho it's not exactly what you want.

Pivot high - Pivot low MT4

There's a fine line between being a sensible critic and nutjob stalker, apparently. Unhealthy obsession much...

OOOPS! Jim Kramer got this one wrong

Trend is still the trend. It might end, but until it does... why argue with it? It's kind of funny how strong the "call of the counter-trend" is here. I'll vote for... extension of dollar strength, followed by a minor correction, followed by a major ...

USD Strengthening coming to an end???

Hourly trend line says down on the EURUSD, strength for the dollar. Why argue with price?

USD Strengthening coming to an end???

Was yesterday, and people expected it to stay the same. The question was whether the statement would be hawkish (against inflation) or dovish (against raising rates). I think we got exactly what we expected, coupled w/ good economic data and DOW ...

can a person totally ignore fundamentals?

Well... I think it depends on timeframe. If you're trading intra-day, it won't have a tremendous effect since price will already factor all of that in. But changes in fundamentals, like interest rate, certainly impact things. Look at the way price ...

can a person totally ignore fundamentals?

Totally...

Trading Like A Sniper

Excuse me for trying to lighten the mood from arrogance. I guess in your country they don't have spell check either? LOL Either way, whatever. Post as you will. But the whole "do as I say and get rich" thing... that's not the voice of experience ...

Trading Like A Sniper

Analised? You mean analyzed... right? Because the other one isn't so good.

Trading Like A Sniper

Shrug. Noticed a few questionable price feed issues here and there, but they've never adversely effected me. Most of these issues are related to news releases, so I wouldn't use them if I traded around news times... but I don't, so it's mostly good. ...

Any Successful trader here using Oanda?

Money management will help, as will discipline, but you're also going to need a system that's actually profitable over time. EURUSD did go down this week, but like always it didn't move smoothly or in a straight line. So what could you have done to ...

Minus 57% Help please

You test it on the cable yet?

My First Tradingsystem and EA