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I get a low of 1.1906 on 7/8/2005. Please check out the chart from e-signal.

Another terrorist attack here in America.

I'm familiar with Derivatives. That's all I did in engineering school.:D

You're prediction looks right. Please observe the daily chart of the EUR/USD.

I think you are right when you say that 99% of the "trading masses" lose their accounts. "They" (the so-called gurus) always say that 90% of traders lose out, but I would think at this time its probably closer to 99% like you said. The numbers were probably a little better during the bull...

There is the possibility of some non-fundamental news appearing on the radar of traders and investors sending the EUR/USD moving still upward. What could possibly move the EUR/USD higher? Most likely, the recent possible subway attacks up in New York or some other terrorist incident. If...

I think that the EUR/USD will continue in an upward move this next week. The EUR/USD only could muster falling to 1.2090 today after the NFP (Non-Farm Payroll) was read. There seemed to be mixed data after that report was read, saying that 35,000 jobs were eliminated in Sept, but the...

In my opinion, there are just too many people short the EUR/USD that it has to go up. I still think that the EUR/USD is going lower long-term, but this latest move is just a small retracement to squeeze out all the small-time retail traders who are short. All my indicators are showing...

Hey Z CoMaNdAtOrE I heard that FXSKalpER is better than you, or so he claims. He's well over YTD 3000%. You and him should have a Forex battle, (preferably in a steel cage).:D

What country has the best, i.e. (most profitable) Forex traders? Is it America, England, Japanese, Canadian, etc...? Some say that the Forex traders over in London are some of the best. Is this true? Any opinions?

Sometimes it works, and sometimes it doesn't. It usually works better on a daily chart. In my case, I just use it as a tool with some other indicators that I have developed myself to give me confirmation on a trade. Using the Elliott wave software gives me a higher probability that a...

Go to this link and click on 'register'. http://www.learncurrencytrading.com/fxforum/

Oops, my mistake. I was thinking of the EUR/USD spread on 1 lot, since that's mainly what I trade. Thanks for pointing that out...

You're right, a 10 Pip spread is not that big a deal, but if you trade 1 lot in a $100k account then you are automatically in the red by $100. This usually deters the small-time retail trader even though he/she can make up the difference if they pick the correct direction of the trade.

Here is the official website: http://www.advancedget.com/default.asp I use the older version of this software, before it was sold to e-signal. The software is basically used for determining the wave count in an Elliott Wave sequence. If you're wondering about what Elliott wave...

According to Advanced GET software the EUR/USD is going down from a daily perspective. Please observe the chart.

I think that most of the people in that forum are new to Forex trading since they take the $500 Forex training course from FXCM and FXCM offers them free membership to that forum for taking the course. I took the training course with FXCM when I first started Forex trading, but the training...

I pulled up a chart of CAD/JPY on my Elliott wave software and it looks from this chart that CAD/JPY is finishing up a 5th wave. I'm not much of an Elliott wave follower, but it doesn't hurt to look at it this way since there are a lot of Elliott wave followers out there. About FXCM, they...

From observing your chart of the CAD/JPY, it appears to be moving towards the upper trend line, (or Regression line). I would think we could get one last wave of buying here until is bounces off that upper Regression line. The overall trend (at least on the Daily chart ), still looks up...

You're right, it does look like its in a nice uptrend. Knowing my luck, I'll jump into it going long and it'll turn south. I'll have to keep an eye on this one. Thanks for pointing out the uptrend.