Recent content by Golflyer

Greetings, I was hoping some of the more experienced traders would be willing to share their experience and success with using pivot points for entering and exiting trades. Specifically, 1. Do pivot points work for all currency pairs with some level of reliability in excess of 50%? 2...

Thanks Morty for the feedback. It is much appreciated. Do you know anyone who has actually taken the course? I attended a FOREX convention last Nov/Dec and think one of the full time traders I met said he used FOREX Mentor and gave the name of the instructor...and I thought he might have...

As someone relatively new to FOREX, I have become aware of many forums, websites and countless books. I have been looking for a practical guide and instruction on trading currencies. I have come across a training program called Forex Mentor, by Peter Bain. Have any of you been exposed to...

Where are you all finding order information? I would be very interested in having access to order sizes, where the orders are placed, etc. Can you help? Also, what in the world is going on with the EUR/USD? All of the fundamental data suggests the pair should be moving south. Of course...

Try the following site. It not only has news from around the world, but also gives an opinion on whether the information will be volatile or not. http://www.forexfactory.com/index.php?page=calendar&s=&week=&timezoneoffset=&month=2&year=2006 I hope it works for you. Take care, Golflyer

By the way, is Oanda considered a "Bucket Shop?" I now know IB is NOT a bucket shop....good to know. Thanks, Golflyer

I want to thank those of you who have responded so honestly with your thoughts on how a dealer can "trade against" their clients. I have also read the references from those of you who were kind enough to reply. TraderNik, you actually hit the nail on the head when you indicated the...

I once again appreciate the feedback and honesty. 1. I am still trying to get my arms around why firms like FXCM, GFT and others can stay in business if so many people are losing money because of their trade practices. 2. Why is GFT and FXCM able to draw new clients...at all? 3...

After reading posts throughout the various FOREX forums, as well as a question of my own, I was hoping someone could explain how dealers "trade against"their clients. Also, how is this possible with these large firms having so many clients and just about every type of order. They can not...

I sincerely appreciate the honest and direct feedback. Of course, gaining a better understanding about the markets is an ongoing search. In fact, I hope I will never stop learning. My guess is that every trader has things he/she would like to better understand. No one knows everything...

Hello group. I am a newbie to FOREX and am thrilled to have found this site (Elitetrader). I have looked for weeks for places to discuss FOREX related matters and gain information. I just opened an account with GFT after researching what I thought was the majority of large players in retail...