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Their website appears to be down as well.

I can't log in either from Atlanta. What's going on?

Nice call.

Let me preface by saying that I posted AFTER your post -- not IN RESPONSE TO your post. In fact, I didn't even see your post before I submitted my own. Yes, you've made that very clear. I was referring to my own approach here, which is the same as yours. I certainly hope that you do NOT...

No argument there. What would motivate a trade is a completely different discussion. I'm just speculating what short-term events might eventually turn the herd around. I don't plan to stand in front of the stampede and try present my reasons why I think they may be headed in the wrong direction.

I agree with you that the Euro has risen in defiance of what one might have expected from recent economic reports and seemingly on the basis of some intangible fears and a lot of loose talk. First, I would suggest that talk and fear cannot hold up the Euro forever. As for what is going to...

Hmm, I must have read that someplace, forgot about it, and then remembered it when the situation seemed to apply, thinking it was an original thought. Either that, or "great minds think alike". :cool:

All of this unexplainable "anti-dollar sentiment" in the face of unexpectedly positive U.S. economic reports makes me wonder: maybe it is true that the market goes where it will, and that the news stories are just adapted to fit what's happening in the market. It certainly does not seem to be...

The leader of Iran, the 4th largest oil producer, has figured out that the more he rattles his sabre, the more popular he is at home, and the higher oil prices go (so, the more oil income his country earns). Not much incentive for moderation there, eh? And our level-headed President, when...

Good post. It's also worth noting when reading through the March FOMC minutes the general assumption among the members that energy prices had stabilized (this was, of course, in March). Now, a few weeks later, we're hitting new highs with oil prices -- a factor the FOMC will undoubtedly take...

The break of the EURUSD down trend line from January 25 (which occurred Feb. 17), combined with a failure now to re-establish the down trend would bode well for longs IMO. My reading on this is that, if price breaks back above the 1.1864 level (futures), price will have failed to sustain the...

Congratulations on some awesome calls throughout the day! Quick question: was your decision to go long at 1.1885 based on the volume divergence between the first big spike down (to 1.1879) and the second that went to 1.1882 about a half hour later? Keep up the great trading!

Good Morning, Just went long on the pullback. My thought is that, after days pushing up agains 1.30, the market has some pressure built up for a large move (up) this morning. My stops just below 1.3020.

I would recommend trying the demos of several dealers before you settle on one. It can give you a better idea of what to expect with a live account. For example, with one demo program I used, I had 120-pip (!!!) slippage during a highly volatile period. You can be sure I will not be using...

NinjaTrader not only has trailing stops, but the ability to automatically set targets, stops, trailing stops, and other things. It can take a little while to learn how to use all of the options, but it's possible to set up your whole strategy in advance with NinjaTrader. By the way, I...

That would have worked out better also. As you've seen, though, it's difficult to know how far back to set trailing stops. If they're too far back, you lose too much profit before they are hit. If they're too close, you get knocked out of the trade too early. I'm still looking for a way to...

While I pretty much nailed the top of the EURUSD uptrend (in truth, I thought it would go just a bit higher, so I still had some powder dry in case it got up to around 12315), I completely screwed the pooch by allowing myself to be shaken out of my short position way too early. In retrospect...

Commissions are $3.00 per contract per side. What I like about IB is that it is usually very stable (there are occasional problems, but they are very much an exception IMO). I trade IB through a "front end" (Ninja Trader), which costs an additional small monthly fee, but which makes it very...

It seems I've ditched my position prematurely (not the first time), but I still think we may see a return to the 12300+ level later.