I was beginning to think I was the only one who noticed! Pick an emotive, controversial subject, trawl the forums, collect bucks! It's a great...
Nowhere will guarantee your stops/limits on NFP, not even Oanda, they all stopped doing that after FXCM got fined for misrepresentation! I...
I think you're talking about something completely different now, he's scalping the immediate kneejerk reaction to data as it's released. It works...
I absolutely agree, tools are only as good as the person using them.
Before the explosion of online trading platforms, margin trading, and free charting packages fundamentals were all I had to go on, charts and...
20 on Gbp/Usd, 25 on Gbp/Jpy, absolutely ludicrous spreads simply to dissuade news traders! Marginally better than their previous trick of...
Fundamentals are no better/worse than technicals, just as many (if not more) economists and respected market analysts disagree on direction as...
I'll ignore the first bit about .0083 and .83 :) Yes, Oanda widen spreads to anything they like just before and after data, 20 pips is the...
Yeah, after all what's an extra zero here and there, eh :p
No, it's much easier, and you can adjust trade size up and down according to account balance. The more you lose, the smaller the trade size. The...
You're obviously talking about mini lots of $10k, yes? So 1.25 mini lots is 12,500 and an average pip value would be $1.25. Using a 10 pip stop...
There's an important distinction between 'offer' and 'use' :p
A simpler way might be to never risk more than x% of capital on a trade. The 'x' would depend on things like experience, strategy, and ratios.
I would be interested in reading the results of those studies, do you have a link or details of who carried them out?
Have you ever used any time related Fib tools?
lol, I wouldn't pay too much attention to forex-forex, he did the same thing in another thread! I couldn't work out whether he's just challenged...
You guys seem to just draw a low to a high (or high/low) and then look at 38/50/61 levels, don't you find other Fibonacci correlations for a...
ess1096....something else which just came to mind, consider the theory behind Fibonacci, the natural ebb and flow and the reasons behind it and...
Correlation, convergence across different time frames and as dandxg mentioned, volume. You would never be left with a 'huge loss' because as...
I would say delete and redraw from the last retracement low (in your example 38%) to the new high when price starts to retrace again, that way...
Separate names with a comma.