Until I get more experience, the equity to sustain the drawdowns and the confidence to know I can come back, I can't and won't trade my beliefs....
The irony is a lot of people (seem) to agree with the currency regime change, but they believe it's the other way around: The Euro on the cusp of...
It's really more a feeling than anything. I see the Euro-zone spiraling into a complete socialist "paradise." There's just too many issues going...
Points well taken. I guess I have a short bias on the Euro because over the long term (years), I see the Euro dropping against basically every...
No disrespect intended, but it sounds like you're trying to find reasons to justify phantom Euro strength. From what I've been reading, the...
Ahh, gotcha. Thanks. I'm new to FX also, but as I tend to be more of a swing/position trader, I find I can move from pair to pair fairly seamlessly.
Chinook, Just curious if you only trade EUR/USD or not? If there isn't much going on in the pair, couldn't you look towards another pair?...
I agree on all accounts; that's why I've been looking into the fundamentals more. Right now, I'm not doing poorly, per se, but I think as I...
Absolutely. I also think you need to have a certain level of acceptance: acceptance of the fact that you won't always be right, and there's...
The problem with that, I've been finding, is two fold: 1) That doesn't allow much wiggle room; 2) The times that a 10pip s/l could be feasible...
True. I'll get there eventually, I'm sure; it's just a question of when. In regards to EUR/USD: The analysis I've been reading (mainly from...
Could always be worse. I'm sitting here watching the moves, being right on direction and not pulling the trigger. Why? Beats the hell out of...
Thanks. If/when I make any option trades, I'll post them here.
Not necessarily. Refco doesn't structure their options - I don't know if this is typical of forex options - like regular options; there aren't...
Actually, I've been looking at Saxo Bank. I'm most likely going to open an account there, but I want to give it a few more months first. I...
I haven't been trading forex too long, so take this with a grain of salt, but from what I've seen so far: The running up/down signals may be...
Ah, I knew there would be a catch, and there is: they define a range of prices that you can choose from. I need to play around with it a bit...
Thanks for the information. Looks like we both go after the reversals, though I don't really trade the news - atleast, not yet.
Baruch, Actually, I've been doing pretty well with options on equities, but that's beside the point. :D Basically, the way refco structures...
Would you mind describing (in as much or as little detail as you feel comfortable) what you use to make your decisions? Thanks, Steve
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