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Don't expect much action around midnight EST. The real action starts around 2:00am when London opens and continues through the NY session. Not sure what you saw and/or define as scalping opportunities but I scalp the EUR from around 6am until about 11am and there are plenty of opps available...

Pips don't tell the story, $'s do. Someone may boast of making 50+ pips a day but is only trading 1 mini (or smaller).

The only difference I see between scalping and longer term trades is time compression. What may be a 2 min trade for some may be a 2 week trade for others with the reasons for entering and exiting being the same...candle formation, fib level, key sup/res level, etc.

wow...I think he's got the butter fingers now.

I'd reckon high leverage and pure luck was the edge used here.

I use EFX which is a IB for MB Trading and I can trade as low as .01 lots. I would think you could do the same...?

This is a great desk as well: http://www.argosyconsole.com/aura260.htm I have another desk of theirs that I use now - was/is my music production desk but will eventually move to this 260 model.

My neighbor ran into a iPhone user at local coffee shop. Upon asking him how he liked the iPhone, he found out that the guy was a regional sales manager for Microsoft. According to this guy, word on the street is that Apple's next big release will be way bigger than the iPhone. Can't...

Take partial profits at your emotional breaking point and hold the rest with a stop at break even. Perhaps you want to add a lot or two as your "money lot" so your take profit point is the same as it is now. Or you stick to your same lot size and just accept that some trades will give you...

Thought it was a great read as well. Books like these are way more interesting/useful than any how-to books. I also found the two best and most interesting interviews to be Chuck Hays and Paul W. What was more interesting to me was that both were from my area, MN. Would be nice to...

I use both Oanda and EFX and would mos def recommend Oanda!

What do you mean, you can't stand it? The EUR reversal was the easiest thing to spot this morning, at least for me. A nice candle reversal pattern on the 5min right at the upper trend line channel on the 240min - 8/6 high to 8/8 high. It sure appeared to be a bullish day but sometimes...

You think that is good, move to Oanda. They pay 4.925%.

joemiami - what % of capital are you generally risking per trade?

If you have a good grasp on reading charts and TA, you should do just fine in the Fx market, along with some good MM as well. I think the majority of those who fail, do so by over leveraging themselves in the hopes of making that "home run" trade. They're gamblers chasing fast money, not...

I've starred in this show before. However not to the tune of 5K but none the less, it still sucks.

The number of threads/post about Timmay and his book is some good PR. I had no idea he had a book coming out until all the bashing started on ET.

Thanks for the info guys. Is there any noticable difference in sharpness between the DVI and VGA ports?

I have a Dell Dimension 8300 with a Radeon 9800 series video card. It has a DVI and VGA out on the card. Can I purchase another monitor and hook up to the VGA port without any issues? Or can I buy some sort of splitter and run both monitors off of the single DVI port? I have one 20" Dell...

http://www.autochartist.com/