Well 2 out of 3 coin flips came up tails, so I'm guessing it's going to go to hit resistance and head back down... laff At this point I'd just be happy for it to stay above .7900, I missed the last bar's move and could use some movement.

NZDUSD at peak

Wow... — I had 4 buy stops placed and 1 sell stop, all ahead of support/res levels that didn't seem breakable just in case they broke sometime today while I was out. Then the announcement... All 5 triggered at once, +150 pips in like 15 ...

FED cut rate what will happen ?

The action before that pin doesn't exactly deliver great hope. Any price action people want to comment on this? IMNO (in my newbly opinion) I wouldn't take the trade till the direction was much clearer. Altho I guess a buy stop ~1.9870 might work. ...

Cable Update (GBPUSD)

New to forex, but not risk management in general... while it's true that investing across pairs can improve your return and spread out the loss of a losing trade, it does expose you to additional period risks like a sudden shift in market direction ...

9000 pips a year after spreads

This is off-topic, but it's something to be brought up somewhere (new thread?) ... funding an account with borrowed money (like a CC) seems very risky to me. I'd hate to end up with thousands of dollars in debt.

Signs Of A Recession: Bank Of America

*nod* Many of these big banks have become very greedy and reckless with their customer's money. The interesting thing is, by raising interest rates... those on the edge will be forced into default. Maybe they're hoping they can bank on the late fees ...

Signs Of A Recession: Bank Of America

Pyramiding is a good idea, and it makes sense now that I get into it. I risk around 2% to 3% per trade, but am careful not to risk more than 10% at a time (across different pairs). I wonder if I'll change that if I pyramid. Any thoughts on that? On ...

Just when...

On trending patterns I've been using H4, H1 and M30 (mostly H1, but looking at the others to confirm the trend) with the "trend slope" approach. Not much to that really. For the bouncy stuff I was using M5 and M15. All I do is determine the range, ...

Just when...

This technique is sometimes used in stock w/ options as hedges given that options come leveraged. Doesn't seem there's a way to match that effect (unless you're buying currency futures perhaps?? no idea if that would work, don't know anything about ...

Buy and sell at the same time/Hedging

Whoa, I had no idea I could just download metatrader and run demo sims... that's awesome. Thank you!

Back testing... how the heck?