Search results

  1. W

    Currencies News Letter

    Hello Tula, what particular info you are interested in, I may then be able to offer suggestions. Wallace.
  2. W

    Intraday?

    FXCM's margin is 100:1 on both the mini and full lot accounts, spreads are 5 and 3 on the majors. Wallace.
  3. W

    Intraday?

    50, there's a brief post re pivot times at: http://www.moneytec.com/forums/_showthread/_s-/_threadid-5295 you may find more if you do a search in the site. Following is forex time zones. Wallace. http://www.aboutforex.com/timezones.html
  4. W

    Stock Market Cycles / Time Frame Analysis

    Hello Formikatrading, often seen used for 'timing' is the Dynamic Trader program which has several timing tools. http://www.dynamictraders.com/ EOD and Realtime. Advanced Get has 2 'timing' tools, the Ellipse and MOB. http://share.esignal.com/groupcontents.jsp?groupid=20 EOD version also...
  5. W

    the start of FOREX

    Nothing good on the tv Corvus. Wallace.
  6. W

    the start of FOREX

    No Cvds16, the errors have been yours when you obviously did not properly read and understand the original thread. We'll say nothing of you being a European nor having read 'The Vandal Kings'. Wallace.
  7. W

    the start of FOREX

    In the US of A, contemporary forex trading DID NOT BEGIN UNTIL the 1970s. Get a grip. Wallace.
  8. W

    the start of FOREX

    Seemingly important, contemporary forex trading began in the US of A in the 1970s. Further, on page 7 of 'The Vandal Kings' is the example of the 'first' option/forward 'invented' by the Greek Thales of Meletus, predating Aristotle. Need we also consider cattle, cowrie shell and Yap stones...
  9. W

    the start of FOREX

    The paper referred to but unstated in the text was probably the position paper commissioned by the CME in the fall of 1971, Friedman's 'The Need for Futures Markets in Currencies'. see: http://www.leomelamed.com/Speeches/87-acfx.htm An interesting question is hinted at on several fx broker...
  10. W

    EUR/USD projection

    Hello All, no projections, the 60 min is Adanced Get. Been hearing 'Dollar at record levels' and have included a Daily historical in case someone hasn't seen the data. Wallace.
  11. W

    need a cheap but good EOD data source

    Clearpicks, you might check the site below. They have several downloaders including one for realtime quotes at 60 Euros for 6 months. Wallace. http://www.trading-tools.com/index.htm
  12. W

    EUR/USD projection

    Hello All, my EUR/USD chart/projection is now obviously completely incorrect. For those of you who are interested I will post a new projection in the next few days. Wallace.
  13. W

    EUR/USD projection

    Hello All, my expectation is there will be another wave up after 5 — tho my expectations have been known to change. Wallace.
  14. W

    Transition from equities to futures

    Yes, IB are the most competitively priced broker I know. So basically it's a wash I think between fx and futures trading costs, tho fx is ahead on safety – no overloss and lower magin requirements. Wallace.
  15. W

    Transition from equities to futures

    Hello Cvds16, yes, I agree with you, consistency is what counts. I have to ask, what is the roundturn commission/s charged by the futures broker, and is that cost recovered in the trade ? Wallace.
  16. W

    Transition from equities to futures

    Sorry Cvds16, I disagree. What's the spread got to do with anything unless that's what you are trying to trade. What's the purpose of sitting on the bid or ask, surely one's trading with an entry/exit price that's hit or not. The forex spread isn't 'given' to brokers, tho does make scalping...
  17. W

    Transition from equities to futures

    Hello All, what are your opinions about trading forex currency pairs rather than futures ? On the EUR/USD, trades similar to S/P; a lot/contract has a margin requirement of $1000 – daytrade/overnight; the pip/tick value is $10; daily trading range 50-100+ pips; guaranteed fills of stops and...
  18. W

    DJIA Projection

    Hello All, please view attached chart. Wallace.
  19. W

    trade stocks but interested in FOREX

    Hello Bill, here's my opinion. 1: There are many reasons for an individual's choice of broker, two main reasons appear to be based on the pip spread between the Buy/Sell amounts, often 5 pips for mini accounts, 3 for whole lot accounts on the 'majors' pairs; the charting program/s provided...
  20. W

    Newbie question for froex traders

    Hello Trader333, most online fx brokers in Europe, North America and other countries are registered and regulated by their various authorities, including compliance which relates to solvency. I'd have no concerns about the safety of my funds opening an account with such firms. Price quotes...
Back
Top