Although it is an up day, it wasn't what I would consider a strong up day. Also most up thursdays are followed by up friday but not all.

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The problem is he comes here with the opinion that nothing works because he hasn't found a profitable system yet. And while at the same time discrediting everything anyone has suggested to him, wants to be provided with a winning strategy. As if ...

Honest answers please! Are you successful trading on Forex or not?

TOKYO, Feb. 21, Feb 21, 2007 (Kyodo via COMTEX) -- (Kyodo) - The Nikkei stock average dropped and the U.S. dollar depreciated slightly against the yen Wednesday afternoon following media reports that Bank of Japan Governor Toshihiko Fukui proposed ...

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Not today at least. They got things going their way. Although I think $655-$660 might support things a bit.

Gold Discussion

How is "trend" defined when looking at nbr of pips away from open. Is is just the direction (up or down) from the open?

Mathematician's help needed...

Hope is all good and well for life in general but BAD for trading. Place your entry and stop and take what the market gives you.

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You have to understand when you trade the news (which I do not for the most part) that you trade what the market does, not what you believe the market should do. React not predict.

how to trade news?

The reason why there are spikes is because of how many traders are caught in a position in the wrong direction. Only the most talented should try news trading. Yes there may be many here that do it will, they are the exception.

how to trade news?

I am curious where does this come from?

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Still thinking 1.9700 before 1.9500.

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Very little resistance between here and 1.9680-1.9715 Watch out shorts.

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Yes because then they will realize that RSI, Stochastics, CCI and many others are just moving average calculations themselves. So no matter how many they plot on their chart all are based on the same principle.

How important is a knowledge of maths?

My T&S on bid changes shows a gap from 1.9498 to 1.9474 and then 1.9467. We closed lower gap area so far. I think it might a little while before we see 1.95

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Anyone looking to go long, keep in mind we are below longterm daily trendline. Not saying it isn't going to retrace. Just watch reaction when we are trading back near TL.

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You are correct that DST starts 2nd Sunday in March as opposed to old way which was 1st Sunday in April. DST will end 1st Sunday of November instead of last Sunday of October. For those of us affected in USA, Microsoft has a patch for this. Don't ...

Timezones and Daylight Saving

I went last year, to go to Robert Miner's seminar. He is not scheduled this year so I think I will stay in the sunshine instead. Besides the expo might come again to Fort Lauderdale.

Anyone goes to New York Traders Expo?

Besides oil moving higher, many were expecting gold to have a end of year ('06) rally for Holiday season which never materialized because retail stores might have purchased enough earlier in the year. After that demand was satisfied, retailers had ...

Gold Discussion

In this month's (Feb'07) T.A.S.C. magazine "Anticipating Moving Average Crossovers" by Dimitris Tsokakis. Why should I believe I can convince anyone here the relative worthlessness of MA's when the trading magazines continue to grab the attention of ...

Why exactly do EMA crossover systems not work?

No argument here.

Why exactly do EMA crossover systems not work?

With all this talk of prices moving all over the place. Is there a single trader here that has access to trade after friday close and before Far East monday open? And please. not micro size.

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