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It will be the world on a continuous pump and dump scheme on it's currency. Much like today ;)

Ah, and the next best thing after you have a new gold standard? A single currency for the entire developed world.

Best bet for the upcoming joke: Long eur Short gold Short all european indexes Long crude I'd start loading on options slowly starting on monday.

Yes. The euro will skyrocket. Mock my words. Banks will pull out liquidity like crazy, you'll have a euro crisis, no supply, just demand. It will bring non-euro economies in europe to their knees due to the ultra expensive euro. This will create a gold sell-off to get cash from which the...

Fact! I'll let you figure out why.

yap. let the market prove you right consistently... plus, always be on the lookout to improve your current approach, and always try to find other good approaches. trust me, you'll need them....

i would have to disagree here. Man up and do it: YES, BUT.... what about when the strategy proves itself as being a failed one? I always like to think of my money as being other people's money. That way... I don't want to show a two-figure % drawdown and lose that client (the client being...

had this problem some time ago. however i goota be honest with u, and u have to be honest with yourself... It's not about not standing the bad days. It's about the fact that u feel pressure because you know that if you keep trading small you are not gonna get to 100.000 too soon...

it's just an example. i'm not going into actual approaches. it would be a bit controversial to many .... :)

Why? Well, let's see: 1) You have to do your own research. If your wisdom doesn't come from your own research, it's close to crap. 2) What they say about the markets in their books and videos and whatnot... it's equal to zero. At least 90% of the knowledge out there... Why? I don't...

Hey guys, I trade the eurusd as well as other pairs on the spot market. I was wondering however where I can find a real time free options chart for the pairs, just to see what's going on in the options market also ....? Any idea? Alex

try any of the major brokers for learning purposes....

\It seems nowadays that brokers go out and about offering you the lowest spreads possbile with or without commisions. And you think that the 1 point spread decrease your broker just offers you this month is really going to provide you with an edge. Well, first of all, your commisions or...

A fairly quiet morning today on the EURUSD, which is my main intraday pair because of the low cost of access. A key support level sitting all the way down at 1.4256, with a possible (yet not established) key resistance at 1.4483. So the only order right now is sitting below 1.4256.

A lot of traders starting out underestimate the impact that their fixed costs like spreads and commissions and even slippage have on their performance. In many cases, the criteria of selecting your instruments and timeframes might depend on these costs vs your total risk exposure. Here...

glad you like it. :) it is very very interesting.

:D roflmao

oh well.... maybe (i seriously doubt but hey..) still ... the topic is not really how much a daytrader makes / day.... :)

lol :)

This is an interview with Don Bright done in November 2009. Enjoy. Much respect to the man! He definitely knows his stuff! http://www.thefxadvisor.com/posts/content/thefxadvisor_com_don_bright_interview_nov_2009.pdf