RIP Joe FX — Well friends, They found our trader, Joe FX, stiff as a board this morning. Mrs. Joe is taking the news pretty hard. We will miss him. As you'll recall Joe was long the US Dollar as of 6:30 PM EST last nite. Let's see where his ...

Joe FX goes to heaven

Buy an Option instead.

Long Term play

I like my willy right where it is, Thank you. (would you like to know where it is ?) Seriously though, Bobblong I was hoping you'd chime in. Your mention of statistical analysis was what caused me to throw my 2 pips in. Actually, This IS the stuff I ...

Clever Asians

I know it didn't come across with the greatest of ease in the translation, but I think I almost understood what he meant to say, which was: He noticed a pattern that during the asian session a 50% retracement of the session range was observed by or ...

Clever Asians

One word: Consistency — This is an easy one. 10% per day ? or even more, you think ? If any one person, bank, or entity could pull this off with CONSISTENCY for even, say a few months, I'm afraid there would be no market left to trade. All the ...

10% Profit Possible?

Yen — Oooh Ooh Mr. Kotter, I know the answer to this one !! (Go ahead Horshack...) The reason the yen is valued the way it is stems from the aftermath of WWII and the rebuilding of the Japanese economic model into a slush fund for American and ...

Any know why the Yen is valued

I wish to revise and extend my previous comments so as not to offend anyone. (or perhaps to offend anyone I may have missed last time - I'm not sure). I think much of what wanted to impart was directed to ForexMad so as only to stress how important ...

blew my account

You know people, I dont think what happened to ForexMad is such a bad thing. If he hadn't blown out atleast once or twice early on in his trading, he might have gone on to make beaucoup $$, only to lose it all, and then some more (believe me, it's ...

blew my account

I woke up this morning with the following thought... It's well known the the jpy crosses often mirror the global equity mkts because of risk appetite, etc. Ergo, the carry trade carries on, the stock market goes higher. We all know how that's ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I hate to reply to my own post , but I found the answer... Taken from investopedia.com: The key Fibonacci ratio of 61.8% - also referred to as "the golden ratio" or "the golden mean" - is found by dividing one number in the series by the number that ...

76.4% VS 78.6% Fibonacci Levels...Which is it?

Now I forgot, Why is 23.6% significant ? I remember .707 is the Sqrt of .50 and .786 squared is .618 and even the sqrt of .382 is .618, but what was 23.6% again ? I see it often and just forgot why ppl use it anyway ??

76.4% VS 78.6% Fibonacci Levels...Which is it?

Laguerre — M-Genie, I absolutely hate to admit it, but I can't stop looking at this thread. Ever since last weekend, It's been like a 4-car pile-up, you can't help but look at it. I'm sick in the head. See what you've done. :-) Anyway, I want ...

How I Turned 1k To 100k In A Wk!!!

BTW: I don't blame him (or anyone else) for taking his money out of FXCM. I don't want to say anything that's not true, so I'll just stick to the facts... One time (a couple years ago) when I had the misfortune of trading thru FXCM a member of their ...

How I Turned 1k To 100k In A Wk!!!

Dumb question over here... Why does it say "GameOver" on the MT4 platform following all the indicator syntax ? I thought the Game just started...hmmmm. I am so not up-to-speed...

How I Turned 1k To 100k In A Wk!!!

Something else I wish to offer to anyone who would follow a trading style much like the one depicted in this thread: It applies to this thread because in the account statement it shows multiple occasions where the account was "all-in" in one trade ...

How I Turned 1k To 100k In A Wk!!!

That's right Spider. And another thing... If you actually did something on the order of this magnitude such as this and it was only a DEMO, I dunno about you but I think I might get physically ill afterwards. If not, then at least it would be quite ...

How I Turned 1k To 100k In A Wk!!!

You wanna know what this is like ? It reminds me of say having a group of people jump of a tall building and one by one they plummet to their doom. Then one day, a guy jumps off the very top of the same building, waving to the crowd as he falls, ...

How I Turned 1k To 100k In A Wk!!!

Without dismissing this case as fantasy, I would offer that it is absolutely possible to achieve results like this, BUT it is absolutely IMPOSSIBLE to maintain consistent performance at these levels for a sustainable period of time. On many ...

How I Turned 1k To 100k In A Wk!!!