Recent content by fxmonk

Hello, I have a real simple program "testcmeter" that basically should use icustom to return a value from a custom indicator called "CCFp" (both are attached). Before I build the program further I want to make sure it's giving me the right values. When I run the EA ("testcmeter") in the...

The original poster was asking about the advantages of forex and the conversation drifted to the topic of the "zero sum game." Why is the zero sum game a disadvantage? Either way you look at it, the two currencies in each trade you make are assets with different perceived values, otherwise you...

Thanks Vaco, lbrandjord, and all for giving your input on both targeted returns and actual results. I am a fundamental trader and occasionally get those huge returns for a certain month but I wouldn't say those returns are the rule because I keep my leverage very low. Also I limit my use of...

To "double one's account in minutes" as one poster (hopefully jokingly) stated would cause anyone to become a billionaire within due time. To the newer traders reading this thread, these kind of returns only happen with high leverage, and the shear randomness of the market on short time frames...

No "Outside the Box" trading video this week. I'm long Aussie and long USD/JPY. Looking at Gold also because sentiment seems to be returning back to "recovery mode" which is bullish for currencies and negative for the Dollar. If you notice, the only reason for the latest dollar and yen rallies...

Something to look at as we're waiting for the long USD/JPY trade to develop is a long AUD/USD trade. Currently the only thing that has been weighing down currencies against the dollar has been the politics in the UK for the pound and the Greece sovereign debt problem for the Euro. These are...

Ok here's this week's release. I'm still bullish the USD/JPY. I've been making good money except for one loss that happened in the last few days. Be careful about following the daily upswings and downswings. Hopefully this video will give you a better perspective by allowing you to "zoom out."...

Nevets, no offense because your new, but what you are asking is impossible to answer. You see, price is a lot more random then what our technical analysis tools seem to be able to predict. So take one step at a time: instead of asking what series of behaviors will price have after doing X, ask...

Usd/jpy Aah, I missed monday again- Mea Culpa! Long USD/JPY positions are starting to develop nicely and sentiment is still positive. We'll see how this plays out. See my reasons for getting in in the video. Kris Matthews

OK USD/JPY is starting to stabilize. I've put on some small long positions that are starting to pay off and I'll start adding more soon. Sorry that I didn't put out a video this week- I was busy providing analysis on my blog. I'll post one on Monday so you'll be ready for the following week. A...

This week's video is on the Yen. I don't think there's a trade quite yet, because the factors for positive and negative sentiment are almost equally weighted, BUT, a big imbalance is developing between Yen and Yen futures positioning (as can be seen with COT data). If we're patient we might be...

Hi Zaprietas, Thanks for your welcome back. It helps to hear from people like you! As for time frames, I don't like sitting in front of a computer all day to trade, so I hold longer time frame trades. Some last a day and some last 3 weeks but on average I'd say about a week for my standard...

Happy New Year! This is the first video entry since the beginning of the year because I was travelling through Thailand for a late vacation and wanted to take a break from the markets. Now I'm back in full swing and I'll be sharing my views and rationales for currency sentiment. Here is the...

Ok, no video this week. It's getting toward the end of the year and moves aren't reliable because of thinning liquidity. For right now it looks like the Fed is hinting at a strengthened bullish view of the economy but interest rates will still remain low. The Dollar increased on this and has...

Re: Euro, 3 Dec 09 I'll do today's "Outside the Box" Forex strategy video is on the British Pound. This currency has been taking a beating lately, despite the weak fundamentals of the US Dollar. We have a short bias on the GBP/USD pair for the time being, and are aware that any shift in...