Easy to make money on currency trading

Quote from increasenow:

you are talking about the CME Globex Euro and Yen...correct?...if yes, how many Euro and Yen contracts per trade?....OR...if FOREX, how many lots per trade?..
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5 lots of a miniaccount why??
 
Quote from jucesar2005:

You have to look at news, the broker gives some plus those on the internet and tv. But its really easy. It just a ride. I wanted to know if someone else knows about it. The only effort I have to do is to pay 110% of attention in case of a reversal and to identify the morning move.
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you obviously haven't traded enough. there are times when news comes out and the price reverses on a dime.

or reverses 20 pips, then once the news is analyzed a bit more (revisions, etc) the trend gets resumed.

slippage can also be bad during news releases.
 
Quote from flyingiguana:

you obviously haven't traded enough. there are times when news comes out and the price reverses on a dime.

or reverses 20 pips, then once the news is analyzed a bit more (revisions, etc) the trend gets resumed.

slippage can also be bad during news releases.
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I missed the part where I said I was an expert, I came here to see if some brilliant mind like yourself noticed the easy morning trend almost everyday from 8am to 11am. DID YOU GET IT??? DAH????
 
Quote from alex.stewart:

Swiss Capital (registered in Zug, Switzerland.) offers forex trading solutions. We offer different types of accounts with as low as $1000 to open an account and high frequency account with a minimum of $25000 to open. Swiss Capital offers spreads as low as 1 pip and leverage of 1:100. With a motto “no compromise on service” we aim to bring a new kind of experience for small and large capital market participants alike.


Email: links@forextradingsa.com
Phones: + 41-22-533-0500, + 41-22-533-0504, + 44-22-533-0949
Fax: + 41-41-560-8122
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I'm I the only one that smells a rat on this thread. Anyone claming that trading is easy raises a red flag for me. Looks like a plug for Swiss Capital. But I could be wrong...
 
Hello jucesar2005
could you publish a few charts of you trades?
Concerning the news - of couse one have to watch out for the high speed train when he crosses the rails.
Regards:)
 
ok i looked into this a bit, seen this at oanda

http://fxtrade.oanda.com/tools/market_info/fxmarkethours.shtml

then to quote the part of the page that caught my eye

There are at least two reasons why you should track the major forex market trading hours:

* The first hour after a major market opens is considered very important and often indicates how the session might develop.
* In periods when market 'trading hours' overlap, liquidity tends to increase because more traders are participating in the FX market.
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i'd be careful and would never even touch the US market in this way during NFP. if there is a trend established, this could work when toyko and europe gets going as well. maybe grab some pips then scalp the rest of the session.
 
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