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By then I'll be wealthy man. Perhaps I'll throw a few bucks your way so you can go short again. :D

This aint dropping 600 pips, and if it does I'll add another $1000 and another mini lot long. How about you? Are you just going to hedge your way out of a losing position? That seems to be your trick. You just keep adding on other pairs until one positive outweighs all the negative.

Its trying really hard to go lower. I may have to be patient on this one.

Yes. I always jump in after news related drops like this. I wait for the movement. Give it a chance to resolve, and then counter trade. Its been very effective for me.

Just got hit long eurusd again at 3096.

You should move to BC, Canada. The "medicine" is much better there. It might last you a couple of months. :D

Its a nice recession hedge for me, and there is only so far that it can fall before Canada's export industry starts whining, forcing Bank of Canada to drive it back up again (i.e drive the CAD down) Pot and Liquor together have made me do something I still regret to this day. You know, one...

I just went long on USDCAD. 1.00219. That's a bit of change for me. I'll be averaging down on this one as low as .945. Sleep is a good thing. Stay off the drugs and alcohol!

Flat broke? :D Only kidding. You should read the news. The AUDUSD jumped because of the positive unemployment numbers.

Oh I see. So I follow price action intuitively. Interesting. See what you're saying isn't quite right. Price is a consequence of a how people respond and interpret the news. You can see this in the reaction. USA Job numbers good. EURUSD drops. Oh, but wait a minute, the types of...

I understand you, but I don't really agree. I'm trading primarily the EURUSD pair right now, and over and over again I see the chart following through a process of digesting the news. 1. A reaction. 2. A counter reaction. 3. A process of sifting through the news until a new price balance...

So, which is it? Does news effect price or not? I think there is great value in reading the economic calendar, making a prediction about how an anouncement may effect price. However, one needs to be open to the fact that their prediction may be wrong, and they need to adjust according and...

Damn! In Montreal all day and completely missed that move. Sadly, my long order at 1.306 never got hit.

I can't sell if my life depended on it. Thanks, but i'll stick with the path I'm currently on. I really do enjoy the trading, but I need to be prepared with a fall back plan.

Yes, but if you want to be a private financial adviser rather than getting stuck in one of the banks selling mutual funds, it adds a lot of credibility to your profile. At this stage, I just enjoy the reading and learning. Its primarily a mental excercise for me. And no, I don't enjoy...

:D Of all things to side swipe that was probably one of the worst choices. Were you charged with an offense? Wife got a careless driving charge. Fortunately, we were able to talk it down to a fail to turn and avoid accident charge. 2 points instead of 9 on her driving record. She rear...

You may have read earlier that that is precisely what happened in January. Wife fell asleep at the wheel ( thank God she's ok) and totalled the car.

That's kind of funny. I got a job delivering alcohol. Works really well in Ontario since alcohol is only available in government controlled stores and not at corner stores. Schedule is perfect for me and my wife. Allows me to help her with the baby during the day when she's working and...

Atticus, before I get caught in what looks like a lie, I should explain. Those trades that I posted do show trades made during the day which happens to be my schedule. I know I said I can't make trades during the day, but once in a while I do get a window of time between my wife's work before...

With Oanda, margin requirement in 4.5% for EUR/USD not 3%. Also, Quest allows me to easilly transfer forex profits into my stock trading account. The Stock trading account is purely for long term investments. Questrade also supports all of the Canadian investment vehicles like RRSPs and TFSAs.