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- Canadian_MAF replied Sep 23, 2007
No one can tell you how to trade. Everyone has their own system, and that's what you need to develop. Follow the markets for a few months, try a couple demo accounts, and figure it out for yourself. Soon enough you'll have your own system, and will ...
- Canadian_MAF replied Sep 23, 2007
Existing home sales will probably be worse than expectations, but everyone knows that. Thats why even if the numbers are the worst in years (which seems to be the trend lately with the USD housing data) it probably won't affect the USD much. Rather, ...
- Canadian_MAF replied Feb 1, 2007
Much like the other users I have to commend you on the quality of your report, and thank-you for sharing it. However, myself being a mostly fundamental trader I find it hard to appreciate these systems. I am a firm beleiver that it's the news which ...
- Canadian_MAF replied Jan 25, 2007
Companies may have ramped down to improve their balance sheets for the end of the year, hurting core durable goods numbers. New home sales might be decent as builders threw tones of buying incentives at consumers, but then again with people spending ...
- Canadian_MAF replied Jan 23, 2007
GBP/USD is already trading above 1.98, at I beleive is a 14 year high. Last time it passed this mark, a few weeks back, it quickly subsided. I don't think it will break 1.99. The market is already pricing in a rate hike for Britian before March. I ...
- Canadian_MAF replied Jan 23, 2007
Money is made in this market by being able to predict the market; and I certianly don't mean with tech indicators. People loose so much money in FOREX because they look at things technically, when its all phsycology. You can create all the formulas ...
- Canadian_MAF replied Jan 21, 2007
I completely agree. It was already priced into the GBP, maybe if US consumer sentiment came out poor, then it would have been a different story. As well, it was Friday, a lot of traders just didn't have it to push the GBP to the 1.98 mark. As well ...
- Canadian_MAF replied Jan 21, 2007
Indicators are pointless. They tell you what happened in the past, not what's going to happen in the future. To me, trading on indicators is for people who can't read the market. It's about instinct, some people got it and some just dont.
- Posts by Member Search: 'Canadian_MAF'