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Chics, it's about the chics!

Looking at the daily, it sure feels like down is the likely direction.

If you caught it near that low, sure. Pos div on the 60 supports the trade and there is also a monthly pivot at 4612 that held. I don't trade off charts this big so how far it goes, who knows. Looks like 4700 is a good target. Beyond that, 4770 would be the .50 ret of the last two swings down.

Correct, .618 it is. It's also .786 of the next swing up and a 1.272 ext of the next swing up.

So there is only a 27% chance that what you say is correct.

Technically it looks bearish to me with some neg div on macd daily and the long wicks. I think we need to break 4970 to see it continue north. Until then it's more or less a wait and see.

Not sure if this has been posted before but it is pretty funny. http://www.youtube.com/watch?v=ipJTqCbETog

For your trading style, Oanda would be just fine and probably one of your best choices. And for your style, I see no real benefit of the ECN model over Oanda. I also have a ECN broker but prefer Oanda. I've got more capital than you with Oanda and I trade 20-40 times a day with no...

john99 - I applaud you for having the balls to put this video up. We've all been there at one point. My favorite part is your Linda Blair moment at the end of the video when it appears your head is spinning!

I predict a black February since it is Black History Month.

No issues here. Although, I wasn't at my station at the time you posted this. I was not disconnected at all during the day, even during the fed news. Can't say the same for my ECN broker.

Easy to say today, but no so much yesterday.

Anytime you have an open position and the spreads widen, you'll be stopped out if the spread passes your stop. Usually spreads don't stay wide for more than 30secs to a minute on most platforms. Have a news calendar handy!

Same for me...no business card since my business doesn't involve dealing with any other people. I've thought that it would be nice to have a card for the simple purpose of exchanging phone and email info with someone. When someone asks what I do, I simply say that I'm a trader. This of...

Why do you exclude day trading?

Perhaps you should trade the FX futures on Globex? It's far cheaper than any of the ECN's in the FX market - $5-6 for a 125K contract and it's a regulated market. The other alternative is http://usfe.com/products-fe-sef.html

Is your PCI card also a Matrox?

257 pip range in the Eur today, amazing.

The connection is slippage. I didn't think I'd need to point it out to you.

Speak for yourself. Luck doesn't happen trade after trade day after day.