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- bensonchan replied Jun 26, 2006
If I understand your question correctly, you can get the FOMC statement from url Just keep refresh the page(F5) around the time of FOMC statement.
- bensonchan replied May 9, 2006
I even heard the news saying that people in China stole some road sign and sell the metal.
- bensonchan replied May 9, 2006
changing the current interest rate to 5% will not affect the market because everybody expect that. The statement from FOMC about policy on future rate hike will have a great effect on the price.
- bensonchan replied May 1, 2006
adam3000, Just my opinion, not trying to argue anything, and don't take it seriously. I think a trade without a stoploss is a very risky practice. If the computer network is not working or something wrong while you are trading, and market go against ...
- bensonchan replied May 1, 2006
I don't think it is a good idea to short USD/CHF now. Long USD/CHF now, you may win more than 100 pips.
- bensonchan replied Apr 27, 2006
Is this true? Gold related. — Is this article true? I just want to know how everybody think. I am not trying to advertise anything. url
- bensonchan replied Apr 13, 2006
Discipline is important especially for new traders. Try stick to your trading plan/strategy for a week without emotional, and see if the strategy works. Remember a strategy may work this month, not next month; this year, not next year. There's ...
- bensonchan replied Apr 13, 2006
Those book you guy recommended are good. I recommend to read at least two forex books. At last two is better since you can do some comparsion on their strategy. Trading forex is like learning how to swim. You may need to read few books to learn ...
- bensonchan replied Apr 13, 2006
Go to Forexfactory Calendar. Under Good Friday, Click on "Read'. You will find the answer.
- bensonchan replied Apr 12, 2006
zero sum. IF you win 10pips, then it means someone else lose 10 pips. In this case, because of the spread, you actually win 7 pips, on the other hand, someone out there lose 13 pips. Therefore, Loser are more than Winners.
- bensonchan replied Apr 11, 2006
Trading Hong Kong timezone is good since you can trade both Europe and US session without staying up late at night. I want to know some good dealer in Hong Kong. Please let me know after you find out. Thanks.
- bensonchan replied Apr 6, 2006
Try google search the word, "Non Farm Payroll" under "News". and Keep hitting search buttom every five minute around the release time.
- bensonchan replied Mar 25, 2006
try bloomberg TV url
- bensonchan replied Feb 21, 2006
Personally, I think EUR/USD is a good pair that you can start with. If you like, you can trade GBP/USD, USD/JPY, and USD/CHF. It is good that you watch the price movement live, and see how it react to the news and feel the pulse of the forex market. ...
- bensonchan replied Feb 18, 2006
Hi, can metatrader backtest system? I want to learn more about backtesting my current strategy.
- bensonchan replied Feb 17, 2006
I love choppy market too. I earned totally about 200 pips on this past wednesday with the major pairs(EUR/USD, USD/CHF, USD/JPY). I guess some of you may need to develop a strategy on range and choppy environment since the market are in range most ...
- bensonchan replied Feb 8, 2006
Mini Account url With min-account, you can play small(minimum around a dollar a pip), lower minimum account size. With regular account, you play around 10 dollars a pip minimum. require more capital in your account. Spread url Spread is the ...
- bensonchan replied Feb 6, 2006
eastmaels, according to your link, it seems like the best time for trading is around 10am EST. I guess I will wake up 5am my time to trade. Ben
- bensonchan replied Feb 1, 2006
I recommend daily chart — 1. long term daily chart, weekly chart. 2. short term / swing daily chart 3. Intraday / day trading daily chart, hourly chart, 10 minutes chart, 1 minute chart.
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