CFTC's website has had a make-over. Big improvement. url

Could 10:1 be the new leverage in US Forex?

Whatever information assists with accurate decision making is a good thing. Yet there does come a time when you read it in the TA well ahead of any other source, and rely less on other information and more on your own judgement and knowledge. Closed ...

Weekly COT report Analysis + Trade Ideas

Brokers operate on the belief that retail traders are habitually wrong in their choices i.e. if the majority of retail traders are backing a certain long or short position, the chances are very high that the pair will go in the opposite direction. ...

Weekly COT report Analysis + Trade Ideas

You don't trade it. You sit on the sidelines and wait. Forex is the art of trading probabilities. The golden rule - if in doubt, don't. There are plenty of "no doubt-low risk" opportunities every single day, no point taking excessive risk when what ...

Weekly COT report Analysis + Trade Ideas

If your platform doesn't have the S&P futures on live feed 24/5, you can get it here (download the free demo platform)... url this platform also has oil, the dollar index and everything else, including all the international indices and most of the ...

Weekly COT report Analysis + Trade Ideas

7 minutes to the big money arriving, Frankfurt may have excelled itself today

Weekly COT report Analysis + Trade Ideas

we love you guys, really just taking the Mickey

Weekly COT report Analysis + Trade Ideas

Easter Bunny and Burger King et al have much to answer for Both are black-listed from here on. I rather think UJ will run into some resistance around 94.30. The first retracement (when exhausted) is always an excellent place to get on board in ...

Weekly COT report Analysis + Trade Ideas

shah, the euro isn't going up, it's going down with a thump. UJ has moved into risk-off mode rather than risk-on mode. Other than the Greeks spitting out the IMF's nasty medicine, for the last few months the Dow has been heading north while the Euro ...

Weekly COT report Analysis + Trade Ideas

S&P chart. This is a higher time frame monthly chart, but it shows the reasons why market may consider running short around here. 50 fib and some significant historical support/resistance areas at this level. I would ordinarily plot the fib from the ...

Weekly COT report Analysis + Trade Ideas

AU chart. Short entry around here (.9280-90) may stick. It's retraced to former support of April/May 2008. Might run into some decent resistance here. Cover it at break even once in profit. Could bounce again up to the 88.2 fib. I'm in short at ...

Weekly COT report Analysis + Trade Ideas

AUD struggling to break .9220. Just be very careful with this wedgie, it's possible it could spike deeply in both directions just prior to news, as in take out stops below .9190 and clip buy orders above .9225, neither of which may follow through. A ...

Weekly COT report Analysis + Trade Ideas

LFB's volatility warning just arrived in my email - sums it up nicely. Trust Marco won't mind too much if I post it here Trader Advantage Program - Volatility Alert - April 4th, 2010 Forex traders should be gearing up to trade a huge week of ...

Weekly COT report Analysis + Trade Ideas

It's all a bit ridiculous really. Stevens n Rudd gave consumers the giddy-up to buy buy buy because rates won't remain low forever and the cash grants will cease. House prices inflate as a result. It was their own policy that created the problem. ...

Weekly COT report Analysis + Trade Ideas

Only prob is that Stevens had his moment in the public televsion sun before the trilogy of nasty data injected a more sobering reality check. He'd either have to be stupid, or in major denial to ignore such a nasty set of numbers, not across just ...

Weekly COT report Analysis + Trade Ideas

I'm also inclined to think there won't be a rate rise this week. The housing data last week was very bad. Aussie's housing market is yet to experience a serious correction, one that is certainly overdue. Kev "Robin-Hood" Rudd has done a nice job ...

Weekly COT report Analysis + Trade Ideas

Priceless one liner in the petition comments "Chairman Gensler has demonstrated such a lack of understanding of the retail forex market as to discredit any notions he is qualified to regulate it. He should be immediately replaced."

Could 10:1 be the new leverage in US Forex?

note what he says to do with the hot news flash video

New study shows only 1% of traders are consistently successful

With all due respect, I think the number of traders who look to shift blame to the items you list are miniscule. I also don't think traders generally are looking for or prone to offering up excuses. Trading is a very private occupation that takes ...

New study shows only 1% of traders are consistently successful