Im out for good — I use a very successful hedging strategy coupled with averaging down my positions that go against me. On the way down, I use hedge positions to gain additional pips so I can close out my averaged down positions sooner as ...

Make Grid 193 — Here is a grid EA with many settings. You should be able to program to your liking. Trade small with grid trading, lots will eventually add up. There are also EA's to close all positions based on criteria you choose. Can be ...

Point well taken. I personally have to agree with the forcast though. I know they have content to sell and advertisors to appease, but you said the price may go to 1.4000 and then back up (How far?). This is in line with what they are saying. Plus 4 ...

The long term is either up or down. Hard to argue. Don't shoot the messenger. Tell me a reason why they are wrong. I am looking for the outlook for 2008. My opinion its going to be a ranging year with the dollar making gains. Both currencies ...

For whats it worth I read an article on Bloomberg yesterday and two analysts both predicted the EUR/USD will continue the fall well into next year. Some even said it would be at 1.4000 by the end of 2008. The word is the subprime crisis might hit ...

Yes indeed. Just what the doctor ordered. See post #9 .pdf #2. Made a few on that one.

Hedging can be very helpful if done properly. There are risks but show me a trading stlye where no risk exists. Trading is an art and not a science. If you want to paint your picture with hedge trades to become profitable by all means. Its not an ...

I honestly don't trade this pair but look at all pairs. MACD convergence with a cross to the upside. Just food for thought.

Daily MACD just went positive and crossed and price is inching toward the 200. Just trade small enough to withstand violent drawbacks which define the pair.

Untested but here are some. url Also check this: url

I had this programmed and use to sell it. I sold more than a few. The best way to use it is set "Use Equity Percentage" to false and program your settings. Read the directions.

It's obvious there may be pockets where the credit crisis has not touched yet. But foreclosures are at record highs, the three largest builders are at junk bond status, and mortgage applications are slowing dramatically. More homes on the market and ...

I have decided to quit trading against the dollar as I am from the States. So I have taken a liking to this pair and even though it moves slowly with a higher spread, I like the pair. Its a tacticians dream. Here is divergence with MACD on the daily ...

I found this article today and found it interesting. Looks like there are political deals with Saudi Arabia and the US to keep oil in dollars. It makes sense. Things can turn on a dime though. url

Rate cuts are immenent. If you are from the U.S. and your conscience bothers you don't sell the dollar. Home values in the US are tanking so no more equity to borrow and spend. Mammoth banks are writing off billions. Credit cards are maxed out. The ...

I understand and that is the whole point behind the article by Pat Buchanan. When the borders opened up to free trade it completely undermined American manufacturing base for reasons you stated as well as foreign regulations are lax concerning the ...

Everybody in the US hopes this. We are just trying to figure out the circumstances that will lead to this. What can it be? I just don't see it. Correct, the dollar is not destroyed. I was replying to an earlier post. But it is our OWN fault that it ...

The world did not destroy the dollar, the US has destroyed the dollar. Read what Mr. Pat Buchanan says about it, and he is right. Its NAFTA. Pero was right. That giant sucking sound took manufacturing from this country, and we have been spending ...

I cannot disagree (athough, yes, there was a shooter in the grassy knoll!). But that leaves the EUR/USD. Right now the Fed is controlling the pair, not statistics as you said in a last post. Do you see another rate cut in December or is that the ...

I agreed with what Darkstar said in the post. Normally when the news hits mainstreem and the doctors and lawyers jump in its time to rethink. However, the Fed still has some easing to do which means more trouble for the dollar. Nothing means more to ...