Recent content by phenforum

Is there anyone else out there who is planning on shorting GBPUSD somewhere above 1.7700? There's heavy resistance at 1.7730, correct? If you aren't doing this, then please lecture me on why not. :) I want to learn as much as possible from my mistakes.

What percentage does OANDA pay daily or even per-second for your account balance? Would it be worth moving 6000 from my bank account to OANDA and just leaving it there without trading? I use Forex.com to trade, but I feel cheated leaving my money at the local bank.

Damnit, Skalpz, I was hoping you'd shoot my suggestion down... But yeah, it's what I've learned to expect. I guess we should expect a fraction of the expected...

I bet the data won't be that bad, and we'll have a nice day of choppiness, in which I cannot trade at all. Lol.. Everyone pray that I'm wrong.

Man, I always seem to be out doing an errand or something and then I come home to find that the dollar is moving!

You all pretty much kick ass because you can share some economics knowledge with me. THANKS!

Hey, I was wondering what effect Fischer's statement is supposed to have on the dollar value. He said inflation is at the Fed's upper limit and that they won't hold rates down. Should I expect the dollar to continue its uptrend or go down as a result of such talk?

What would you say is the easiest pair to trade lately (no scalping)?

I appreciate your detailed response, Apex. Thanks! I will check out those books and the site you mentioned. It is WWW Trading System. There's no way I'd pay $99 for his trading system. I found it on edonkey. I agree that it is oversimplified, but it has been working for me...

Well, it's from a book I read by some Russian guy, Alex Kresch-something-sky. Apparently he earned 20% plus per month. BUT usually about 2/3 of the trades went bad. And, that is what I'm dealing with, so obviously I need a better way to do this. I want to learn, but I'm not sure...

Thanks for your post, Skalpz. However, it's irrelevant to me that I'm apparently in a fight with other traders. That doesn't matter to me because I'm basically passive in the market, no matter what I buy or sell. When you mention getting creamed before an exit point do you mean that...