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as mentioned earlier, eur is moving choppily between 1.16 to 1.19 so its movement will be influenced mainly by major Eur news like rate change, or stock market performance, not those ABC things.

nice reversal up signal yesterday. yesterday range was 350 ticks. today range should be < 350 ticks but it should be good too.

This is not a rocket science problem. Simply wire transfer some $$$$ from your new bank account to IB account. Then wire transfer $$$$ from IB account to your new bank account. Don't need to complain. --------------

We have heard much similar news before.

Did Paul stand before Roman emperor Caesar? There were lots of dialogues about Moses and Abraham and David and .... dated tens of thousands of years ago. How about the dialogues between Paul and Caesar which happened just 2 thousand years ago? If it is not in the bible, then where can we...

Newbie traders will ask this question Professional traders wouldn't. Because we don't have a powerful and reliable crystal ball. When there is a signal to short, we will short with say 10 lots of index futures. first 5 lots, we target Reward : risk ratio of say 3:1. Next 5 lots, they hold...

It is probably because of the US farmers and US bonds/notes traders. they are used to 1/4th, 1/8th, 1/32, 1/32/8 ....

Strange ... why do people expect IB to be the lowest of the lowest in everything? Your decision mister ; Go do benchmarking, and choose a broker that best suits you.

Down it goes decisively when the market opens this week.

It depends. It can last for a few weeks only, or many years/decades. For a system to last very long, Day traders must recognize that there are many types of markets (very fast/slow, very chaotic/messy, very gentle/smooth, move a lot / move tiny amount, one-way market / swing-up swing- down...

Gold is such a good product for day trading.

I trade various products from various exchanges from various countries using various brokers & various trading platforms. Some brokers or trading platforms or exchanges or products DON'T ALLOW STOP ORDERS and DON'T ALLOW BRACKET ORDERS due to whatever reasons / restrictions / limitations...

bund trading starts during the Asian session. But the volume traded during the Asian session is rather low. During the US session, bund might move due to the US bonds movement. So you might want to focus on bund mainly during the Eur session, and perhaps the US session too.

Traders lose money because they don't up the trading level. Learn to be a day trader. Go to the trading houses / hubs which can be brokers or banks. Go and rent a trading desk. It will cost about $500 or more per month. 99% of the traders in trading houses are day traders.

You are wrong. When the market is bad, people buy gold ( and sell USD). Also when the market is bad, people buy USD (and sell gold). Ended up people get confused. When the market movement is crazy, gold price movement will be crazy. When the market movement is crazy, USD price movement will be...

It seems more like newbie investors falling like a rock

There are lots of successful day traders in this forum. They are in the 10% category. There are also lots of unsuccessful traders who think trading is simply just pressing BUY and SELL buttons in random order. the 90% of the traders who lose money think trading is very simple; they think...

Similarly, the guy (dentist, lawyer, banker, farmer, teacher, scientist ...) who NEEDs to work every day is a workaholic and should seek help. As long as the profession is your passion and not a chore, go and work as long as you want.

30 Oct Eur session preparation downtrend started during mid Asian session / Before Eur session. movers were : dax (not so tradable during Asian session due to low volume), US index futures, Hangseng, India nifty, oil, gold. The market has been trendy and that's great. better trade whole of...

I used to have hundreds of indicators. Now I have none. But that doesn't mean trading is very simple / easy. trading is extremely hard work. It involves spending thousands and thousands of hours staring at charts. Many people thought you can learn trading in just a few weeks. That happens once...