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  • #83,301
  • Apr 5, 2009 12:44pm Apr 5, 2009 12:44pm
Quoting gatorinla
Trade Gap Probably Held at Six-Year Low: U.S. Economy Preview
lol what about the EU gap today?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,302
  • Apr 5, 2009 1:08pm Apr 5, 2009 1:08pm
Quoting TIckerShuffl
Inflation may not come as fervently as some suspect. I have been a believer in this scenario for a while, but I have been rethinking the reality of what the FED's actions are really going to cause. Since a lot of the money being printed is not really entering the economy directly, and instead is finding it's way onto the balance sheets of corporations, I don't see how the inflation can manifest itself too abruptly. The spending that will directly hit the bottom line, might just be enough to keep us afloat and not fuel the inflation we all worry...
"Time will tell, but I think I am better off as a trader by removing bias from my perception and focusing on trying to find the best entries....."

I believe this statement strikes at the essence of trading. All manner of "What ifs..", predictions, and rationalizations are, for the trader, a total waste of time. The trader doesn't trade where he/she thinks the charts are going, but rather waits for the charts to start moving according to patterns with a historically high percentage completion rate....and exercises a good money management exit if the current pattern movement fails. The trader doesn't need to know the "why" of a movement, nor does he/she care to, because to get involved in the fools errand of predictions and rationalizations is to risk becoming a subscriber to a bias that, in time, promotes a dangerous shift from trading patterns, to trading that bias.
  • #83,303
  • Apr 5, 2009 1:19pm Apr 5, 2009 1:19pm
Does anyone regularly use the Price box options at Oanda? I have played around with them a bit recently and they seem like a nice low risk/low reward trading tool if you know how to use them.
  • #83,304
  • Apr 5, 2009 1:53pm Apr 5, 2009 1:53pm
Quoting nvcK
Does anyone regularly use the Price box options at Oanda? I have played around with them a bit recently and they seem like a nice low risk/low reward trading tool if you know how to use them.
lol
It is only low risk/low reward when you play low.
If you play high ........................ fill in the rest
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,305
  • Apr 5, 2009 2:07pm Apr 5, 2009 2:07pm
Quoting traderathome
"Time will tell, but I think I am better off as a trader by removing bias from my perception and focusing on trying to find the best entries....."

I believe this statement strikes at the essence of trading. All manner of "What ifs..", predictions, and rationalizations are, for the trader, a total waste of time. The trader doesn't trade where he/she thinks the charts are going, but rather waits for the charts to start moving according to patterns with a historically high percentage completion rate....and exercises a good money management exit...
well said bro...there is always a difference between a cheap show off and a pro trader..just keep the good work up bro,feel some banks..best of luck
Imanuel Parsifal
  • #83,306
  • Apr 5, 2009 2:11pm Apr 5, 2009 2:11pm
Watch the Gap between last week's close and this week's open while entering and exiting a trade.
The Thief of Wall Street
  • #83,307
  • Apr 5, 2009 2:13pm Apr 5, 2009 2:13pm
Quoting KillerWhale
LOL
In anticipation of this I bought Gold @ Oanda.
Lets see if this works out. I don't see this as trading, more as gambling.
Average buy price a little below $900 per ounce. I have set my target @ $1,000 per ounce. If I reach my target, that means a profit of 10,000 pips, which is $100 per ounce.

Shamu
Isn't the spread for Gold on Oanda ridiculously wide?
  • #83,308
  • Apr 5, 2009 2:15pm Apr 5, 2009 2:15pm
Quoting nvcK
Does anyone regularly use the Price box options at Oanda? I have played around with them a bit recently and they seem like a nice low risk/low reward trading tool if you know how to use them.
there is no such thing in fx..just watch out coz this is one place that KARMA plays out quit well
Imanuel Parsifal
  • #83,309
  • Apr 5, 2009 2:19pm Apr 5, 2009 2:19pm
Quoting Bluemeanie
Isn't the spread for Gold on Oanda ridiculously wide?
Spread is between 50 and 250 pips, but for gold trade this is nothing. Gold can do 250 pips in a single second.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,310
  • Apr 5, 2009 2:19pm Apr 5, 2009 2:19pm
0.8, okey

now wide since market not open.

anyone figure out it's a satellite or missile? I have some gold in red ...

Quoting Bluemeanie
Isn't the spread for Gold on Oanda ridiculously wide?
  • #83,311
  • Apr 5, 2009 2:26pm Apr 5, 2009 2:26pm
Quoting KillerWhale
Spread is between 50 and 250 pips, but for gold trade this is nothing. Gold can do 250 pips in a single second.
exactly..this lady is tsunami
Imanuel Parsifal
  • #83,312
  • Apr 5, 2009 2:29pm Apr 5, 2009 2:29pm
Quoting KillerWhale
Spread is between 50 and 250 pips, but for gold trade this is nothing. Gold can do 250 pips in a single second.
Holy shit. So you start off down 250 then one second later you're down 500
Wouldn't it be better to trade on Comex (not sure what type of spread you get on that) or would the problem be lot size on Comex plus the inconvenience of opening a futures account?
  • #83,313
  • Apr 5, 2009 2:30pm Apr 5, 2009 2:30pm
market opened : fxcm
E/u : 1,3510
U/J : 100,05
G/U : 1,4840
  • #83,314
  • Apr 5, 2009 2:33pm Apr 5, 2009 2:33pm
Quoting billye
0.8, okey

now wide since market not open.

anyone figure out it's a satellite or missile? I have some gold in red ...
its one hell of a place you shouldnt be in..my +5yrs trading have seen people end careers in less than 5secs in this lady..just hope for the best cause this thing can pass through your stoploss..
Imanuel Parsifal
  • #83,315
  • Apr 5, 2009 2:36pm Apr 5, 2009 2:36pm
Quoting Optimum
market opened : fxcm
E/u : 1,3510
U/J : 100,05
G/U : 1,4840
what of g/j
Imanuel Parsifal
  • #83,316
  • Apr 5, 2009 2:47pm Apr 5, 2009 2:47pm
Quoting sycho
its one hell of a place you shouldnt be in..my +5yrs trading have seen people end careers in less than 5secs in this lady..just hope for the best cause this thing can pass through your stoploss..
I don't have a s/l for this trade

By the way, spread is 400 pips now
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  • #83,317
  • Apr 5, 2009 2:58pm Apr 5, 2009 2:58pm
i will
what ever it will be better than many forex website
i had account with fxpro and they refused to return my money, in the beginning they requested many documents and i sent it all, then they opened the account, i used my credit card and i refund my account more than 10 times, but when i want to make withdraw they informed me, that my documents is not complete and they need document for my address, and paper from the bank to confirm my signature also the request statment, and i sent it all again then they said its not what they want, they sent me paper form them to sing it and stamp it from the bank, and the bank refused to stamp on paper not form the bank , which mean there is no money back, and same thing happened with my friend, because we oppend the acount together in this bad company.

what ever will happen it will be better than what i got from FXPRO.
  • #83,318
  • Apr 5, 2009 3:01pm Apr 5, 2009 3:01pm
Quoting Spsantos
Plus, It's a blatant violtion of rule #3...


Someone mentioned a GAP!?


GAP? WHAT IS THAT?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,319
  • Apr 5, 2009 3:04pm Apr 5, 2009 3:04pm
Quoting Blackice
i will
what ever it will be better than many forex website
i had account with fxpro and they refused to return my money, in the beginning they requested many documents and i sent it all, then they opened the account, i used my credit card and i refund my account more than 10 times, but when i want to make withdraw they informed me, that my documents is not complete and they need document for my address, and paper from the bank to confirm my signature also the request statment, and i sent it all again then they said its not what they want, they...
I guess you 're screwed then.
Mayba some research is needed before you open an account with a broker?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,320
  • Apr 5, 2009 3:04pm Apr 5, 2009 3:04pm
pls file scam claim here they will investigate.
http://www.forexpeacearmy.com/public.../www.fxpro.com

Quoting Blackice
i will
what ever it will be better than many forex website
i had account with fxpro and they refused to return my money, in the beginning they requested many documents and i sent it all, then they opened the account, i used my credit card and i refund my account more than 10 times, but when i want to make withdraw they informed me, that my documents is not complete and they need document for my address, and paper from the bank to confirm my signature also the request statment, and i sent it all again then they said its not what they want, they...
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