My McAfee is picking up trojans again now! Seems like there is a problem.

wow. that's ridiculous.

the circumstances are different now. I'll just trade my usual method, and see how it goes. I might open up a very small long term position, short the pair.

here...

simple. Avoid news trading. I've tried it, and failed. For every time I make a profit from news events, I lose three times. It's simple. You can't know what numbers will come out, and how the market will react, before it happens.

simple. When you start believing in yourself, and your system. That can only be achieved, when you prove to yourself that your system is profitable. Forward test your system on a demo, for atleast 3 months.... And always keep in mind, RISK ...

120 pips for me. All the shorts must have made a killing from this one.

Dear MPR_NY, 1. From the strategy you've explained, I'm 100% sure that you will lose all your money. Taking into account, spreads and whipsaws, trading the news blindly is a huge mistake. And I've heard that Oanda widens their spreads during news ...

Also, could anyone provide a list of brokers that give access to Currenex?

yes. that is why I stuck with my short. I'm very good at spotting fake breakouts.

the most scariest trade of my life, but I was on the short side.

I've never met anyone that has been consistently profitable, scalping the markets for 10-15 pips, each time. Perhaps, a few successful scalpers exist, but long term seems much easier.

I trade off of 1 hour charts. I look at 4h and daily charts to get a clue of the long term direction. That, I do once every few days. When I'm trading, I only look at 1 hour charts. Execute a trade with a sl, and go do other stuff. I check my ...

i didn't mean to offend anyone, mate. I, myself never hold trades for more than 3 days. Most, I hold only for a couple of hours. but, trading 10-15 pip moves is ridiculous, in my opinion. I want you guys to be successful. Instead of stressing ...

remember Ms Market in the short term Mr Market in the long term

lol, no offense, but it's funny how so many folks come up with explanations and predictions for a 10-15 pip move. Short term movements are extremely susceptible to spikes, and it would be wise to only look at the bigger picture. like say, a 100 pip ...

find the equation of the line AC. If A = (x1,y1) C = (x2,y2) Eqn of line in terms of x and y will be (y-y1)(x1-x2) = (x-x1)(y1-y2) now you'll get an equation similar to 1.8x = 3.9y + 4.5 (this eqn is just an example) Obviously the constants would be ...

I meant it "quickly rejected" the level today, and not in 2004. Now, it's hovering just below the 1.9550 level. I wouldn't be surprised if this level is broken.