Ghost of If You Can Draw A Straight Line

[SIUYA]

Where is there a good online calendar for news releases that effect the financials?

Also worth looking at...
http://www.dailyfx.com/calendar?tz=...=true&cny=true&high=true&medium=true&low=true
OR
http://www.zulutrade.co.uk/calendar
OR
http://www.fxstreet.com/economic-calendar/

Note: these are all FX, but they might have different formats you like.

 

[niko]

Speculation is the family business. My dad began his career trading spot currencies on the prop desk of a Chicago bank. He has since moved on to trading for a select few clients, but is still active in spot currencies among other things. Though I want to forge my own path, standing on the shoulders of those who have gone before me is not bad thing.

Toby

It would be nice to see someone trying to apply SLA to EURUSD, from what I have seen is pretty messy. But.... One never knows.

I assume that by his background he is not planning on executing his trades through a bucket shop.

 

[tradingjournals]

Speculation is the family business. My dad began his career trading spot currencies on the prop desk of a Chicago bank. He has since moved on to trading for a select few clients, but is still active in spot currencies among other things. Though I want to forge my own path, standing on the shoulders of those who have gone before me is not bad thing.

Toby

Hey Toby, Tell the young man that he has my most sincere respect! How does he raise funds?

 

[tradingjournals]

Hi DB, I'm incorporating the pre-market range, as per your suggestion, and so far it's working out beautifully today. This is my 15 minute chart.

Schaefer

When did you draw that line, and what is the earliest time one could have accurately drawn it without drawing another line?

 

[dbphoenix]

Since the jobs reports will be coming out at 0830, I'll be in chat early. There may be a trade or there may not, but it's worth being there a half hour early.

 

[SIUYA]

It would be nice to see someone trying to apply SLA to EURUSD, from what I have seen is pretty messy. But.... One never knows.
.

one problem with FX is the gaps can be pretty large, the moves occur very quickly, and they can be completely one way sometimes with not much in the way of pullbacks, and the whipsaws can be horrific around numbers, that can quickly undo a lot of good work.
IMHO You would need a modified approach.

 

[dbphoenix]

.

 

[niko]

one problem with FX is the gaps can be pretty large, the moves occur very quickly, and they can be completely one way sometimes with not much in the way of pullbacks, and the whipsaws can be horrific around numbers, that can quickly undo a lot of good work.
IMHO You would need a modified approach.

Thats also what I thought, although all of that is resolved when one uses EOD data, from what I have seen. But regarding intraday, perhaps Toby can prove us wrong.

 

[dbphoenix]

.

 

[SIUYA]

Given the overnight market has rallied right to the base of the previous range (3642) do you give much significance to this?