Recent content by echo13

Thanks for all the replies. And i believe i'm the one to be blamed for my losses, which is a good thing. Echo

Hello guys! Hope the markets have been kind to you all (it certainly wasn't for me :( ). Anyway,i realised that after being involved in trading for more than a year, i still do not really know how the market works,as in the basics. I heard from a friend of mine,that when a trader opens a long...

But why won't the $ be worth anything? How will the value of the $ decrease due to poor US economy?

What are they fearing? Does poor US economy affect the strength of the dollar?

Hey everyone! For the past few months,we've seen the swiss franc skyrocket to new highs against many currencies. I understand that this increase in demand for the franc is because it is deemed 'safe',something people seek in times of turmoil and uncertainty like this. But what i do not...

Hi guys Let's say that the USD/CHF pair sees great demand,pushing prices higher. Will this great demand for US dollars be shown on other USD pairs,eg. higher USD/JPY, lower EUR/USD?

Are there live charts available on forexdesk? If so,where can i find them?

Hey Sharky,all these prizes,are they from your own pockets?

Thanks for your replies guys! Does this apply to traders in investment banks as well? From what i heard,they do a round-up on their trades of the day,like what went wrong etc.

Hey,anyone knows if there is a minimum number of trades that a trader (not retail,self-employed etc.) must enter during the day? Or can he only enter two,three trades a week,eg. swing trader?

From what i've read before,most, or at least many, big players use algorith trading,which is a totally different ball-game from normal retail trading. How true is this? Are there still institutional traders trading like us retail traders?

Hi guys. Do any of you know how large institutional traders(the ones with the big money) think and trade? Do they use technical analysis to speculate,such as spotting patterns as we do? Or do they just purely enter based on market fundamentals?

Could you please explain why and how dumb money entering a market may be a bad thing?

Hi guys. Overbought is defined as "a situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals." Sometimes in short-term trading (eg. scalping),can price movements be created out of pure speculation? If...

Right. Thanks guys