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Tradezones, I dont know who you are but I must remind you not to use the Lord's Name in vain, especially in settling your percieved personal scores..reminds me of the pharisees questioning about the letter and intricacies of Sabbath.. As long as am within ethical boundaries, my conscience is...

Helloo needinfo,central bank intervention is the buying and selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movement for fiscal or monetary policy purposes. Why should the Bank of Japan intervene for a strong dollar? Because...

Helloo moneyadd, thanks for reading all my posts...trying to make the time to read them myself..lol..fibonacci are great support and resistance levels that can be used in trading to ascertain price movement..but even with the knowledge of 'fibo'' levels, many traders still make...

Boonga boonga,what? reminds me of Indiana Jones and Temple of Doom...hey king of diamonds, thanks for your hospitality..really appreciate it..howz kuala lumpur? The Russians said I should google their language, the Japanese, the Indians,the Italians,Germans,even the Peruvians tried...

Season's Greetings to everyone, If you check out our chart above, you could see price moving dynamically from left to right..we first followed it with our buy stop that yielded 30 pips, and the sell stop that yielded 35 pips.. The present buy stop @ 14705, 1st target @ 14730, 2nd...

Lol,fxlion, at least thats a strategy...but seriously though, we shouldnt depend on just chance or others to make money in trading...The beauty of the CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY is that you dont need to cram your screens with all sorts of indicators...

Yes,though this time, our 75 pips on our 1st target would have offsetted any ''Black Friday'' losses.. Helloo folks, We thank God for bringing us into a brand new week...Most would call it the Christmas Week so I'm wishing all a Merry Christmas and Prosperous New Year ahead. As...

Quite right,sam...If you noticed on the chart, you could see the 1-2-3 bottom below and the head and shoulders pattern above...They are both reversal chart patterns,telling us price has a high probability of reversing direction from its prevailing trend..The 50 pip stop loss was at...

Helloo folks, price on the GBPUSD gave us some clues, technical analysis wise,on its 300 pip move by the 1-2-3 bottom, which foretold a bullish move..coupled with the fundamental news that the US was cutting interest rates..and voila...yumm yumm... Nice one, roguetrader....but...

[21:54:53 14/12/08] Stalion : So for today Sunday the 14th, we put a sell stop on GBPUSD @ 1.4946...1st target @ 1.4923..2nd target @ 1.4905..3rd target @ 1.4884... [22:01:53 14/12/08] Stalion : also as a hedge, we put a buy stop on GBPUSD @ 1.5005..1st target @ 1.5035...2nd target @...

Helloo fasi, lets illustrate ,shall we? For example, we have a buy stop @ 1.5000, where stop loss was 50 pips away, @ 1.4950...so our buy stop was triggered and price gets to 1.5020 or more..THAT is when you adjust your stop loss level from 1.4950, up to the buy entry level of 1.5000..then...

yea, jeff, market have been pretty much volatile since the last half of this year..Nice observation, though.. Helloo there, increasenow, from the tone of your comment, you seem to be hiding some heavy sarcascm beneath velvet gloves, or shall we say , ''cat's paw''? maybe its...

[ Me too,ddock...it has been quite a while since that chart was posted,I must say... those numbers come from the chart, where we added/subtracted the range of price from its virtual entry point..second, am not really familiar with the 3 ducks system..so cant say for now.. yea...

Dear Mahir, What are the possibilities of a zero interest rates regime on the global financial terrain in the 1st month,6th month and a year from now? What are the possibilities of Crude oil, Gold, NYSE,NASDAQ,FTSE and other commodities in rallying or declining in value for the 1st...

Hi mfostel, Its quite encouraging of you to admit you've not been executing your trades very well..Though some might say its just 'luck to catch a drop', it all depends on you, at the end of the day.. Significant profits is just a MEASURE of good trading....You still have to create...

Helloo Learning pips, You know what your questions does to me? it challenges me...really, it does..like digging down the well of yourself..believe me guys, these questions are NOT easy, though simple..neither is understanding market behaviour or ''tells'' for consistent...

[00:07:31 24/11/08] Stalion : hi everyone [00:09:04 24/11/08] Stalion : price made a bullish gap on the opening gap of the Asian session....so its a very good opportunity [00:09:40 24/11/08] Stalion : we put a sell stop @ 1.4922..1st target @ 1.4881..2nd target @ 1.4840..3rd target @...

Trust onwuka to ask some of those deep questions... We use what traders popularly call the TOP DOWN APPROACH..starting from the higher timeframes(monthly, weekly, daily and four hourly), to the lower timeframes(hourly, 15min,and 5 minutes..)..As we are mainly on intraday trading,we...

Yes, onwuka...there are some good chart patterns around...just google head and shoulder patterns, W top and bottom, wedges,triangles,pennants, etc..You could find something useful that might assist you in your trading activities..If you checked those charts, you would hardly see any...

Nice one, jeffsmith, keep it coming.. Yes,stalla, you might be quite right on that one, you know..especially with the GBP crosses like GBPCHF and GBPJPY, aka the beast..so prudent money management during trading is very important.. [11:11:55 19/11/08] Stalion: hi everyone...