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- ItalianSharp replied Jun 9, 2006
Great link, thank you so much for sharing. VERY INTERESTING DISCUSSION. I am glad many of the recommendations the pros made already belong to my trading style. I feel so much relieved for not trading the news... The blond young trader in the video ...
*** Question to all those who trade UNDER NEWS ***
- ItalianSharp replied Jun 9, 2006
keep in mind that you could also lose all your weekly profits in a matter of minutes...
*** Question to all those who trade UNDER NEWS ***
- ItalianSharp replied Jun 9, 2006
Absolutely, FOREX is 90% speculation like any other trading instrument. However, I find tech analysis under news useless. Before important news prices likely trade within a tight range so I find news trading a simple breakout strategy that needs ...
*** Question to all those who trade UNDER NEWS ***
- ItalianSharp replied Jun 9, 2006
If my system produces a trading signal BEFORE the news, I am allowed to enter the market up to 30 minutes before news announcement. Lets take EURUSD today as an example. At 6am ET I had a short signal on the EURUSD. Entry level was around 2640. My ...
*** Question to all those who trade UNDER NEWS ***
- ItalianSharp replied Jun 9, 2006
thanks for the link. Interesting to see how this news scalpers trade such volatile markets...
*** Question to all those who trade UNDER NEWS ***
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*** Question to all those who trade UNDER NEWS ***
Started Jun 9, 2006|Trading Discussion|18 repliesDo you place stop entry orders before the news at your desired level or you enter at market? ...
- ItalianSharp replied Jun 9, 2006
I didnt say they arent. Hell, one day my wife will be pregnant so I better like pregnant chicks! Anything in this world can be hot to some eyes. Same reason why some some traders go short and others go long. How boring would FOREX be if we all liked ...
What is your monthly target?
- ItalianSharp replied Jun 9, 2006
I didnt get to read the last part of your post, I was too quick in answering you as soon as I read the first few lines. If you expect to win every trade in FOREX or any other instrument you are trading, oh boy you are gonna be sadly disappointed. ...
What is your monthly target?
- ItalianSharp replied Jun 9, 2006
Isnt it impressive how simple financial math can dramatically change your view? The first time I thought of scaling out without making proper calculations on previous trades, I thought of how much I would leave on the table with the winning trades. ...
What is your monthly target?
- ItalianSharp replied Jun 9, 2006
Alright Hollis, this is the last time I try to reply to your allegations about my trading style being faulty. If you dont get it this time, I'll give it up and move on. I know you have nothing personal against me as well as I have nothing personal ...
What is your monthly target?
- ItalianSharp replied Jun 8, 2006
I invite all of you guys to participate to my new poll " FX BROKERS RATINGS" in the appropriate forum section. Thanks to all of you who'll spend a few minutes to provide other members with useful info about their broker.
InterbankFX
- ItalianSharp replied Jun 8, 2006
I dont think its wrong to adding to a winning position AS LONG AS YOUR MARGIN OF RISK REMAINS THE SAME. If you have a 2% max risk per each trade, you can add as much as you want as long as you adjust your stops for the winning lots and keep your ...
What i learned today
- ItalianSharp replied Jun 8, 2006
Do you guys really think ALL BROKERS out there are just a bunch of crooks? I hold an account with IFX Markets USA. They have been just fine to me so far. Of course my account hasnt grown up to 7 figures yet, so I cant really be 100% confident they ...
bad broker..The worst of the worst ..reprise
- ItalianSharp replied Jun 7, 2006
By reading post # 87, I think Rusty has different types of trades where he discretionally decides to allocate a pre-established % of capital depending on the setup. Each month he updates the basic unit size according to his account balance. He then ...
What is your monthly target?
- ItalianSharp replied Jun 7, 2006
I must agree with you here. I am a big supporter of prices incorporating BIG NEWS ahead of us.
EURUSD
- ItalianSharp replied Jun 7, 2006
By the way, how fast do you think my capital has been growing? And what do you mean by faster than that? FASTER THAN WHAT? I dont trade to cover my losses. I win, I lose. I win 50% if the times and when I win my profits are twice as big as my ...
What is your monthly target?
- ItalianSharp replied Jun 7, 2006
I dont think you completely understood my post about the small % of winners that build up your capital. When i said that only 20% of winners make your capital grow I just reported a statistical research I was inspired to make on my trades by this ...
What is your monthly target?
- ItalianSharp replied Jun 7, 2006
I think I can answer your question. If you use 4 lots and take profits gradually at 4 different points - thus closing each lot at a different price - you have to sum up all pips generated by each lot and divide by # of lots. Example: You enter a ...
What is your monthly target?
- ItalianSharp replied Jun 7, 2006
England's World Cup schedule — Thought this might be useful for you fellas: Match 1: June 10th, 9 AM ET Match 2: June 15th, 2 PM ET Match 3: June 20th, 3 PM ET These are qualifying matches. If England makes to the final 16, I will update this ...
World Cups effect on forex??
- ItalianSharp replied Jun 5, 2006
I am not familiar with Metatrader so I cant answer this question. However, correct me if I am wrong, Metatrader is free while Tradestation costs $199 per month. I tend to believe that whatever you can get for free is in most cases garbage or low ...
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