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Hello, Is there anyone using this seemingly great service(Newstrike) when trading the news in Forex? How does it compare to Bloomberg or others quite expensive newwire services? If one were to receive the news releases from Newstrike that affect the currency market as fast as...

I talked to their customer service today and they told me that they are working on adding weekly charts. Not sure when they will be functional. They said it could be by this summer. That would be a great addition to an already great site!:D :p :)

Hello, I am trying out a medium-term sytem where I hold a position from one day to several days. I want to be able to adjust my T/P but I want to be more strict with my S/L. I am aware of trailing stops etc. What I am trying to figure out is how many pips should I enter in order to give me a...

Hello, I want to focus on one pair to trade my demo at Oanda and perhaps be in better position to trade with real money. Which one would you choose and why. Thanks:D

Jango, Thanks for the link to the IB prensentation. Quite informative. I got a very good basic understanding of trends and candlestick charting.

Jango, Point well taken.... I have to experiment myself. Did you check out the post in Oanda that I mentioned. I would be interested in your opinion. I believe that he has the same approach that you do.

Seth, Thanks, that is what I am doing with the demo (10000 units).

Thanks Jango, I am doing demo at Oanda. I want to be really sharp with execution before I tackle "real money" issues. I have more or a trader mentality than analyst. At Oanda there is a trader who has a very informative system of trading the news. You may want to check it out. It is under...

I live in the U.S/Florida

I love this site... where else can you get such feedback. Here one has the opportunity to laugh, get insulted, get educated, make money. It is an amazing site for introspection at all levels. In a weird way there is a sort of initiation that occurs. Once again thanks for ALL the replies...

traderNick, Thanks for your observation... a bit distorted but that's ok. This thread is under CHIT CHAT. Let's leave it at that. Good luck

Hello, I do appreciate all of the comments regarding my unofficial poll on altruism and forex trading. Darth Vader would be proud of you. :D I didn't expect anything different. I can add a lot more but frankly I don't see the need. Thanks for your unbridled opinions and I will...

Well Sir, I can understand your attitude. No, I don't think that I would do the same since I don't do it with other endeavors including those where they benefits someone else monetarily directly or indirectly. Besides, in Forex trading how can that hurt you unless you have valid reasons...

Hello, I have been spending several hours everyday reading everything related to Forex trading and one thing that puzzles me is this secrecy concerning people's winning strategies. What is the problem with sharing and helping other people out? I am just starting in Forex and would...

Thank you Jangofolly. Have you had success with that system. Perhaps sticking to one that fits your temperament/goals and executing is the best approach. That seems to be the consensus. Wish you and all of you who have taken the time to reply many succesful trades. Why not? There is plenty to...

Well, thank you. Maybe I am not that far off. As far as a system are you referring to an consistent way to choose/evaluate my entries and exits? or more? Which are the most popular indicators? Do you use stop loss? a signal service? I appreciate your feedback

To all of you experts and well intended members, I have now spent hours reading threads on Forex trading and I am at a point of a "paralysis through analysis" state of mind. So, what would be a basic approach that one can build on? Should I just subscribe to a signal service and an automated...

Hello, I am new at Forex Trading so forgive me if this question is naive and or stupid. If my understanding is correct FX Master Alert Signal Service made 400+ Pips in January. Now they even offer an automatic trading of their signals. So, does that means that if I had subscribed to these...

Thank you for your input Hoodoman and Truthteller. I do appreciate your comments. It is refreshing to have well intended feedback from the forum. Hoodoman, what indicators would you recommend that I use if I want to play the gap?

Promagma, Yes, although not enough. I go back and look at what may have cause the gap up. Is playing a new trend triggered but a gap up not a sound strategy? My idea is to use stop loss exits and get out or ride the trend. Is this not doable? Thank You for your comments