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davidmaria1, you are pretty trigger-happy :) The USD spike just now shows that there is some real USD buying, and it would be useful to see how the US RTH open goes. It doesn't look too bad right now, but the stop is tight... be sure to lock in profits at +10pips if it goes to +25pips -...

Looking at 5min myself now... it looked like a USD spike there, and that is probably telling for the starting US RTH now ... wait for the US session to start a little - get some feel first. It might be worth a shot ... with stops at 1.1370 ... that would mean sub 1.1300 profit target. But...

USDCHF looks really difficult to scalp. There is no clear trend direction up or down, and previous sessions put today smack in the middle... It might become a bit more clear now with US RTH starting. Ahm, some setup for short maybe emerging .. just now ... look above 1.1350 - preferrable as...

Well, as the currency markets got involved in the turmoil - repatriation effects and all - it also became obvious that there were some really good trades to be made. A nice coincidence that the consulting business for my part was more calm just after the summer and all with regards to finished...

Interbank FX should not be denominated "IB FX", since Interactive Brokers is widely known as IB here on ET. cabletrader, I agree - the forex part of IB is not really well designed. However, IB has a very good open API which can easily be extended. Also, for trading currency futures - IB is...

There is no doubt about the financial problems of Iceland right now, but wouldn't a long-term short trade be very risky regarding ongoing negotiations where Iceland might get some extended credit by some helping nations? The recent volatility also makes difficult other types of trades, and with...

Yes, there is mostly an upside there still. I do however think that there will come some opportunities for some EURJPY shorting in the months ahead, but now we need to see how the spillover into the rest of the economy plays out.

The chief economist of Mitsubishi UFJ said he expects the US housing prices to bottom out in roughly 3 years from now. The Bush housing program initiative seems pretty fraudulent now - when he said "more than 2/3 of anglos have houses, but less than half of african and hispanics have houses...

Lehman Bros. collapse was essentially the biggest heist in world history.

Just another normal US teen. It's nice they can start a family at that age and start contributing. They seem like smart kids, and being the picture perfect couple they will surely inspire thousands of other teen couples - "we can all start doing it!" - just look at our leaders. That is just...

Yes... just lucky I guess. The EURJPY trade is now roughly +640pips but has been +700pips ... and the EURUSD trade is now roughly +190pips but has been +210pips... My preliminary goal for the EURJPY is 145 and for the EURUSD it's 1.45 - that also implies that I think the EURJPY should go...

The main title for the NHK special report is "Mechanisms of financial crisis" - and it is just finishing a repeat showing now this minute... I missed the opening minutes the other time around, but got it now... :)

Wow, I just finished watching a NHK World (Japanese TV) special program - "The Rise and Fall of US-led growth". Maybe it will be up on their site later. http://www.nhk.or.jp/daily/english/index.html It was simply unparalleled in its insight and truthful commentary, analysis. It also...

Wow, I just finished watching a NHK World (Japanese TV) special program - "The Rise and Fall of US-led growth". Maybe it will be up on their site later. http://www.nhk.or.jp/daily/english/index.html It was simply unparalleled in its insight and truthful commentary, analysis. It also...

I am certainly no master and just got back into FX a little for some fun after doing a long period of entrepreneurship again - which is also tiring in its own sense. So, just a little diversion and fun for me right now. I get lucky some times, and maybe try more to analyse than trade really...

Simple answer: wait for the confirmation of a reversal, and catch the end of it. Then get progressively better. In short: reduce the risk of your strategy and match it to your understanding of markets - your predictive results. If you don't "get" the markets, then observe or take some time...

Just like my previous post ... timing is everything, and I think scalping beats any other strategy in these market conditions. :)

Admitting and realizing there is a problem is the first step, remember? Most who are indoctrinated or outright hostile to other opinions might see anything "interfering with their beliefs" as negative - and they often do. Understanding that there is a problem - is in fact neutral and just a...

Some nice scalps upwards coming into play again for the EUR. Wait for confirmation of signals, of course - don't catch a falling knife and make a "bet" on the bottom before having some certainty. The overall market uncertainty and novelty of the news, fallout and long-term effects still - there...

Mav88, don't worry - I know what curve fitting is, and I developed professional prediction models for some time using MLP neural networks for spot markets. I'm a bit pressed for time this Sunday, so I'll be back. :D