sorry if I was not clear in my initial message..
I was talking about a setup in a specific currency pair on a longer term chart that is either looking very bullish or very bearish going forward..
for example, February and March 2006 NZD / USD made a huge move down for about 600 pips...
does anyone have a list of brokers that use metatrader forex software platform?
i want to trade forex using metatrader software platform... been trying it out and it seems to be the best one out there..
tom
Hi all,
I have been trying to find a good place that has free end of day totals for NYSE volume and a history of it.
Can anyone cue me in on a site that has it?
I know yahoo finance has the last 5 days of volume.
And www.nyse.com has last months daily totals..
but was hoping...
well I think i will use a range target instead of one solid percent like 5%. so perhaps 3-5% is better... and I could add the use of trailing stops to get better gains when available and appropriate..
but the reason I do not want to just generally accept 1% to 20% is because of the...
according to my technical indicators, GBP/ USD is now ready for a long trade with a tight stop right under the most recent daily bar low..
The risk reward ratio here for longs is quite good considering how steep and fast this decline was...
this is of course only a short term trade to the...
here is my forex trading blog and one of the first postings to it.. and my first forecast.. on the NZD / USD
LINK WAS DISPLAYED HERE. BUT MODERATOR DELETED IT.
total return so far has been 321 pips going short the NZD/USD...
I am very proud of this forecast because I have never traded...
thanks for all the good feedback.
well perhaps I am a bit too overconfident from some recent forex paper trades I made with a demo account.
I am not trading now at all and have not since about a year ago..
but soon I would like to jump back into the markets and test out my little plan...
well my typical risk parameter is to set stop loss at about 2% or slightly more depending on the situation.. ( max 3%)
so again, goal is 5% return for each trade...
stop loss 2% or max 3%
of course the objective is to avoid triggering stop loss as much as possible so that the 5% per...