I just started with EFX group! just wanted to know how is you collective experience with them. because they are ECN and they let say scalping is permissible!
Let's trade the news 4 replies
BELLA SYSTEM. Let's try it, let's improve it! 118 replies
Let's Trade The News! 46 replies
News Feeds - let's rate them 2 replies
Quoting abgcompuDislikedYou are absolutely right.
What I meant by bying a lot of stuffs is that by searching on google, I find a lot of companies seems to be offering a silver bullet to the tradding systems. As a noob, I tend to be tempted into buying these stuff. But as far a learning I am ready to make this my next project to know what I need to know about this issue before getting into it.
Thanks for you input. I appreciate it.Ignored
Quoting VulcanFXDisliked_____
Hello ABG! yes! pl. take the rational advice from our more experienced friends here! i too was "tempted" and did actually "buy" some softwares out there!--very very expensive!...but luckily i returned them after the short trial period they gave, after heeding the advice from some more experienced FXers--so pl. take yr. time and study study study..and demo demo demo(as i am doing right now)...remember that about 90%+ fail and quit FX trading--most without being careful and patient!
(PS: i sent you a PM too--pl. look in yr. Inbox here--and we can be newbie-FX buddies to help and learn and compare notes as we journey FX if you like)Ignored
Quoting VulcanFXDisliked_____
Hello ABG! yes! pl. take the rational advice from our more experienced friends here! i too was "tempted" and did actually "buy" some softwares out there!--very very expensive!...but luckily i returned them after the short trial period they gave, after heeding the advice from some more experienced FXers--so pl. take yr. time and study study study..and demo demo demo(as i am doing right now)...remember that about 90%+ fail and quit FX trading--most without being careful and patient!
(PS: i sent you a PM too--pl. look in yr. Inbox here--and we can be newbie-FX buddies to help and learn and compare notes as we journey FX if you like)Ignored
Quoting jamesr24DislikedI also have been live trading the news. What you and BK have added is invaluable. Much thanks!!! For newer traders to the news, you do not need to swing for the fences and grab all the pips. There is NO need to be greedy!! You can easily grab 3-5-10 pips without all the drama. Then once you start doing that on a regular basis on the various news pieces your confidence will start to soar as will your lot sizes. It is important to remember it is not necessarily the number of pips you make but the dollars off the lots you trade. That way if the news only moves the market say 15 pips you are in and out and have made your money. Larger lots, less pips, same end results without all the drama of waiting, hoping, praying it continues to move in your direction. Just my 2cents. Good trading and thanks again...Ignored
Quoting rjayDislikedI just found this thread and Excel file which looks very useful.
However I'm a bit confused. If the events on the 1st page ("News Events") are referring to GBPUSD then what pair is the second page ("UK") referring to - surely that is GBPUSD too, so why is it on a separate page ?? I'm presuming that the other 4 pages are all against USD too (ie EURUSD, CADUSD, AUDUSD & NZDUSD respectively).Ignored