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- FxFox replied Nov 5, 2006
AhmedFouad For sure all macro economic and global political factors are priced in before we even start to try realize what impact these factors on pricing may have. That's why we all prefer relay on TA rather than FA. The truth is that we have no ...
Election effects?
- FxFox replied Nov 5, 2006
Qu|cksilver As I pointed out in previous post Looks like in your recent chart you are using Pitchfork method developed by Dr. Alan Andrews.
GBPUSD
- FxFox replied Nov 4, 2006
The past week formed shooting star or inverted hammer, if you like, on the weekly chart. I expect the downtrend to continue this week. I fully agree, that range 1.9023-1.9033, that is "support became resistance" and also 38-50% retracement level of ...
GBPUSD
- FxFox replied Nov 4, 2006
actually, the victory of democrates is already priced on currency markets. Hence, no significant move in dollar value is expected after elections. However, the victory for Republicans would be big surprise and dolar negative.
Election effects?
- FxFox replied Nov 3, 2006
Euro can pass 1.30, but can't stay there for long time. Above 1.30 EUR does not offer real value. I voted for 1.26-1.30
where will the EURUSD be on Jan1?
- FxFox replied Oct 30, 2006
I think the idea behind using GMT+2 (GMT+3 for Dalight Saving period) by some brokers is that daily candlestick/bar closes at midnight. Using this timezone midnight is 5:00 PM EST which is the NY trade close time. This is important when calculating, ...
List: MT brokers using different time platforms
- FxFox replied Sep 10, 2006
ADC system makes use of pivot points in conjuction with the opening range. I think Mark Fisher's "Logical Trader" is wotrh of reading if you want to base your trade on pivot points.
Pivot Points
- FxFox replied Aug 14, 2006
neuimex is another swiss broker using metatrader http://neuimex.com/
Europe Metatrader Brokers
- FxFox replied Jul 1, 2006
I will go short on rubel, just in case Bolsheviks take back the power in Russia.
The Russions are coming
- FxFox replied Jun 10, 2006
I wonder how much brokers are ready to pay for spying and slandering competitors on forums
Brokers might use forums to know how we trade ?!
- FxFox replied Jun 10, 2006
it's hard as a beginner because, this game is zero sum game and there are a lot of much more experienced, knoledgeable and (timely) informed people on financial markets. Also the lack of knowledge, experience and as a result low self-confidence ...
Why so hard?
- FxFox replied Jun 10, 2006
MrWhipple Thanks for being so kind to me. I like to convert the reward to pips. how much pips the kewpie doll is worth ?
- FxFox replied Jun 10, 2006
And also 38.2% retracement of 1.7230 to 1.9024 trend is at 1.8339. So, indeed this level looks very supportive and it should hold in my opinion too.
what's UP GBP/USD !
- FxFox replied Jun 10, 2006
The best programming language to use, and doen't matter for what purpose, is the one that you feel comfortable with. Due to my deep UNIX SysAdmin roots I prefer perl . As much as I know Oanda provides API that is supported in perl, however they ...
Python or Perl?
- FxFox replied May 27, 2006
I expect the fall will resume at around 114.15. But, i think being short from 112.85/90 with SL 113.15 is still worth of risking 25/30 pips.
USD/JPY Discussion
- FxFox replied May 27, 2006
My favor pairs are GBP/USD,EUR/USD, USD/JPY and USD/CAD. However, occasionally, i'm trading practically all other popular majors and crosses too, depending on oppotunity signals. I never place either long or short positions versus USD in parallel ...
Favorite pairs. Why? How many?
- FxFox replied May 20, 2006
witchazel Generally speaking, i don't see anything wrong about adding new trade to the already existing position. Of course, this is subject of correct risk/reward analysis. I will give you one example when adding to the position seems me to be ...
What i learned today
- FxFox replied May 19, 2006
dangerman I believe, good old uncle Sam will greatly appreciate your patience
Looking for a "Free Trade"?
- FxFox replied May 6, 2006
In most cases money that traders loose goes to retailer brokers and vice versa. Most of us, and especially those trading mini accounts, are simply gambeling against broker. We don't really sell or buy anything.
Are we all enemies at the forex market?
- FxFox replied May 6, 2006
knowing some fundamentals help to understand major (mostly macro economic) reasons of the current trend and may be good basis to determine whether the trend is short or long term, or even predict when it ends. The real problem with fundamentals is ...
Experience, by Joe Ross