Recent content by Desny

Oooops! I meant 'charting' software not 'chatting'

Depending on which trading platform/chatting software you are using you can set up 'Expert Advisors' to auto-trade for you. I do this on the 1 hour charts for GBPUSD and EURJPY on Metatrader4, so I don't have to get out of bed at an unearthly hour. The result is that my winning trades are 40pips...

The answer to my question is: +USD -JPY and +EUR -USD (+= 'buy', - = 'sell') In other words by trading each side of the cross currency, you buy USD and sell USD at the same time and so they cancel each other out. AND if you sell JPY and buy EUR you will in effect trading the currency pair...

It would disagree that JPY always has a negative correlation to high yield currrencies. On any day it can depend upon data releases. It can depend on insitutional strategy which doesn't buy or sell a particular currency pair. They buy and sell individual currencies, and those positions move the...

Most of us trade FOREX....I wonder why? ;-) The trouble with stocks is the time you spend waiting for an uncertain profit or loss. BUT with FOREX its instant profits! for a fraction of trading capital! You don't really need nerves of steel. Just a few months on a Demo account with the support...