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- emurithi commented Sep 11, 2019
Lower interest rates spur consumer borrowing, home sales & consumer spending thus accelerating economic growth. Rates are historically lowered to ward off recession or when there is a substantial risk of a an economic downturn. Makes sense?
The Federal Reserve should get our interest rates down to ZERO, or less
- emurithi replied Jun 14, 2007
Not so fast. Trade successfully for at least on year successfully to think about quiting your job. Otherwise U may find yourself looking for a job at the call center soon
How money do we make and how long?
- emurithi replied Jun 14, 2007
Nothing serious. Its just business — I think many forex traders look at the whole market in a very narrow way. There is more to forex than speculating. i.e buy a currency to sell at a favorable price. International trade has forex as is ...
Is trading Forex immoral??
- emurithi replied May 23, 2007
hey there come to Kenya!! Nobody cares how much you move in & out the country as long as the source & destinations can be verified.
Is losing a requirement to be successful?
- emurithi replied May 3, 2007
best thread — This is one of the most valuable threads so far. Surprisingly almost everybody is crowded at "my trading system....", "this strategy works", "300 pips a week" blah blah.... threads Real information is normally found in stuff that ...
Please tell me your method!
- emurithi replied Apr 19, 2007
The Question is .. can the yen gains be sustained atleast to the close of the week?
Daily GBP/JPY analysis
- emurithi replied Apr 18, 2007
We should be looking for retracement to enter long Check this From Bloomberg
Cable Update (GBPUSD)
- emurithi replied Apr 4, 2007
4h & 1 day for analysis 30 minutes for entry 1 hour for exit
What is the main time chart you trade with?
- emurithi replied Apr 4, 2007
Learning is not an event but a process. The reason am here is to learn some more. But do I just sit back & see people making simple mistakes? Forex traders will disagree on almost everything. from lot size, risk, take profit & all that. but atleast ...
Daily GBP/JPY analysis
- emurithi replied Apr 4, 2007
Looks like guys out here look for every reason to enter a trade. I didn't know a sign of overbought (or oversold) is a trade signal!! How about about waiting for the market to convince u to enter a trade. Unless u are scalping I don't see any trade ...
Daily GBP/JPY analysis
- emurithi replied Mar 29, 2007
Anytime something is done to compromise supply of oil from middle east watch how the Canadian dollar gains against other currencies. This is coz its an alternative oil supplier.
Gulf War Charts
- emurithi replied Mar 27, 2007
well said — Well said Give two like minded trader the same trading system. Give a one a target of 70 pips per week & the other 350 pips per week. Most likely than not, it will be easier for the one with smaller target to get 150 pips than the ...
What is your annual ROI goal?
- emurithi replied Feb 26, 2007
Good to hear mathematician, can u please test the weekly system modified as adopted by some of the system followers GBP/USD -straddle the Friday close by 40 pips (instead of 50) -Stop loss 40 (pips instead of 30) -move the pending order to break ...
Part Time Wealth Building Trading System - Weekly Scalping
- emurithi replied Feb 21, 2007
Being outside US is no big deal I use FXDD and am from Kenya (Africa), so far so good. Withdrawal through cable takes less than 2 working days. All commutation is thro the internet. We call it a global village. & no taxes charged
Part Time Wealth Building Trading System - Weekly Scalping
- emurithi replied May 12, 2006
Hello all. "I dont want to re-invent the wheel" I just wanted to know the simpliest way of determining the High low of a currency pair within a given time period. Thank all.
Hans + Weekly Fib Sup/Res Indicators for VT Users
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