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emda replied May 21, 2008why any of you trade forex? for the money?


Cesarnc's market talk, gossips, rumours & fun
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emda replied May 21, 2008I agree. That's beauty. But when I try to explain it to my friends who doesn't know about forex they don't understand. How can I be your friend? heh I am one of those exiting before the news because I've been fooled many times at news. Still trying ...
EURUSD
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emda replied May 21, 2008just in case anyone want to see the full channel I mention see I haven't touched the channel for 5 days.. and still valid giving good levels
Divergences - (All Pairs)
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emda replied May 21, 2008up to the channel top as I mentioned... but I'm not taking this short now.. because it is news driven and too risky at the moment... I haven't touched the channel for days... notice how it went to the middle line before exploding up with the news... ...
Divergences - (All Pairs)
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emda replied May 21, 2008yes... I had the trade stop at break even.. got some pips going down before the news.. because forecast was bad.. but closed before the news because surprises can happen.. as it ahs happened... it had momentum up... and a surprise news was the last ...
EURUSD
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emda replied May 21, 2008this weekly chart indicates a rope forming... where the LTFS are turning to the wall and the wall is pointin up already... it can push it very high
Spuds Stochastic Thread Theory
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emda replied May 21, 2008Gracias
you're right I think divergences are good to distinguish oversold or overbought levels from the ones that the first oscillator indicate.. One of the first mistakes of newbie traders is that they have read somewhere.. that an oscillator ...Divergences - (All Pairs)
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emda replied May 21, 2008oanda is very good sometimes it disconnects at important moments... but usually is very fast and reliable and they allow scalping 1:50 leverage is more than enough for me
OANDA Discussion
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emda replied May 21, 2008oversold rapidrsi signal being higher than previous low
Divergences - (All Pairs)
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emda replied May 21, 2008because the Forecast is bad... but you never know...I don't trade at news time.
EURUSD
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emda replied May 21, 2008thank you I thought I was alone and thinking in closing the thread because there was no interest.

Divergences - (All Pairs)
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emda replied May 21, 2008important news in 2 hours expecting going down at least to the daily pivot 1.5609
EURUSD
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emda replied May 21, 2008things you can do with your paper money soon just in case url
Cesarnc's market talk, gossips, rumours & fun