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- MichaelFX replied Jan 24, 2007
I did a similar thing, mostly because it looked overbought. I added when it didn't penetrate the weekly pivot and had the patience to still hold. I'm still in, long gbp
UK GDP Jan 24
- MichaelFX replied Jan 24, 2007
LONDON (AFX) - The pound was well-bid ahead of the Bank of England's the publication of the minutes from its latest rate decision where a surprise quarter point rate hike emerged. The minutes are expected to a show a 7-2 vote in favour of the hike ...
UK GDP Jan 24
- MichaelFX replied Jan 24, 2007
That would be nice to keep the cash register ringing!!
What is with the JPY Spike?
- MichaelFX replied Jan 24, 2007
I'm eyeballing recent weekly support and the weekly upper trendline. I'd like to see it turn before then I'm going to wait until the momentum indicators turn positive. More specifically I'm looking for a pause at 233.50 and if it violates that then ...
What is with the JPY Spike?
- MichaelFX replied Jan 24, 2007
I'm trying to be more of a fundamental guy, meaning trying to incorporate when large news events are so I can keep more of my profits on my longer term trades. It's funny you should mention the resistance levels in 1998 on the gbp/jpy. I've been ...
What is with the JPY Spike?
- MichaelFX replied Jan 24, 2007
I'll bet we have to wait for the cable to settle down vs the $US. Also if I remember my fundamentals correctly the BOJ is going to have a policy meeting in the next few weeks so once all of the central banker news is out of the way we can start ...
What is with the JPY Spike?
- MichaelFX replied Jan 24, 2007
There is also a rumor of central bank liquidation of dollars and well getting into just about anything....But then again that's what makes this so much fun, all speculation, inuendo and probabilities....that and who has the stronger nerves.
What is with the JPY Spike?
- What is with the JPY Spike?Started Jan 24, 2007|Trading Discussion|19 replies
Does anyone know if the BOJ intervened? I can't see any fundamental reason (news event) that would ...
- MichaelFX replied Jan 23, 2007
I've never had much luck either with the CAD, she's always taking more pips than I earn. However I was able to get +17 on the EUR/CAD in the 5 mins before the news, it really hasn't done much since the news came out. CAD usually only does well for ...
CAD CPI and Retail Sales Jan 23
- MichaelFX replied Jan 18, 2007
Ben Bernanke is going to speak in 45 mins for his Humphrey Hawkins testimony so that is probably why the market is holding here and we didn't see a further move downward on the cable.
US CPI Jan 18
- MichaelFX replied Jan 16, 2007
Oanda is a java based platform and does not allow EAs as they are for metatrader.
Heiken-Ashi System
- MichaelFX replied Jan 16, 2007
Francis if you look on the tradestation forums you can find heikin ashi elds
Heiken-Ashi System
- MichaelFX replied Jan 16, 2007
Thanks I put the settings in first as 2362, I need more sleep before putting on indicators. LOL
Heiken-Ashi System
- MichaelFX replied Jan 16, 2007
Can you post a screen shot? I can't seem to get the indicator to plot with the indicated settings in post #1
Heiken-Ashi System
- MichaelFX replied Jan 15, 2007
Usually, not always, the greater the divergence of the actual numbers from the predicted or forcasted number the greater the volatility. Also this is true with the revisions of the NFP numbers from the month before. So watch the forcast and actual ...
Where can I get speculation on announcements?
- MichaelFX replied Jan 15, 2007
And there is always here in the discussion threads the morning of the announcement. There are always a few of us willing to put our 0.2 pips forward before the actual number prints.
Where can I get speculation on announcements?