PFX had a posting about the big guys having a change of sentiment favoring the USD yesterday. Everyone here at FF saw it and ran with it.

try doing it without a SL and close the losing trade manually after a direction has been determined

I say hold the position and hedge with another pair like usd/chf if you can't sell eur/usd at the same time (the next time you see a sign of eur/usd heading south). It will keep you alive a little bit longer as you wait for euro to reach 1.50. Good ...

Because people will try to get in ahead of you and jump the gun, causing false signal. Same with take profit, early take profit will prevent price from reaching the real take profit point. The market will be flat line, dead, if everyone behind the ...

I believe the cause for the rise in USD was the rise in the Fed interest rate.

The only indicator u need is just the breakout located on the first page. The other ones are just extras.

Yup, that's a gap. Off hours trading moved the market. OANDA is always open but it cost more to open or close a trade during the weekend.

You got the right idea if you were looking at USD/JPY only. More people will rush out to buy GBP than JPY, so GBP/USD should go up...followed by GBP/JPY.

Price skyrocketing in Germany? I thought it was just Russia. Does that mean it will cost more to buy a BMW soon? If price is skyrocketing, doesn't it mean they will have to raise rate to combat rising price?

Time to switch to OANDA. I entered my trade early Sunday morning to avoid negative interest for shorting. I like this kind of Sundays!

I use url You can take care of any business and get alert on your phone or regular email. Good luck. ps You have to use IE with this website. Firefox will not work when you try to set up your indicator.

i made my 10pips for tomorrow already and it's still sunday. thanks a lot.

they are the same .. TD published his book first before other people steals his ideas and used it as their own under different name. It was stolen again when TD's trendline was published in currency magazine online. Did Mouteki come up with this ...

The EA MM is using had already been posted along with his setting. It's only a few pages back within this thread. Just to be nice ... here I post it again

Your family member is right. You should not trade the forex market on short term trades. I've been trading for 2 years. I lost all my money before the 2 month period. I lost it all in 2-3 weeks if I remember correctly. I was trading the tick chart ...

why did it drop? Looks cheap. I might buy when i see it move up..

Short the dollar and hold on to it until at least the end of the year. Interest statement for the dollar this week will probably fuel more shorts.

I always liked Mikhail's EA better than the other F guy although I have abandoned the method due to the changing in market condition. I always wanted a break even with some profit ... thanks for sharing guys.

What are the ECN companies everyone's using here? I demoed EFX before, hard to use, ugly platform. Spread was around 1pip most of the time. Not much advantage from Oanda.

If other people are not seeing the same thing you are ... would your method still work? Even in price action ... people follow similar patterns in order to move the market. You might be all by yourself in the 2H TF...or just lagging behind 1H.