Recent content by supertrader05

Hello.... Do you mean the CNY trade balance that came in at 13.1B, whuch was a lot lower then expected? How would this affect GBP/USD (weaken the dollar?) so you wouldn't want to go short with FMT? Since the CNY trade balance announcement the dollar has strenthened... but I don't know if that...

I stayed out today because we have big news later - FOMC meeting minutes. Not sure if we get a rangy day every time this is announced, but I have found that FOMC days and NFP days the markets tends to range. Also one of the indicators was a little weak... some brokers may have got a mixed signal...

Thanks Hammy. Just what is a magic number? Every now and then a reference is made to this number. If anyone else is wondering, I did a little surfing. Here is a link that expains it. It's to do with EA's and MT4. http://www.metatrader.info/node/115

That sounds pretty interesting. :cool: I have been toying with the idea of buying the breakout of the asian range, if it happens before 06:30, and if the FMT indicators give a buy. Reverse for a sell. How do you work with the two charts? If the 6.00 am chart gives a buy, do you take that, and...

In today at 1.5421. I like this trade as the stop is below the 200 daily SMA.

Hello karthikvenkatesan, I'm also with IGmarkets. You can download MT4 and set up the charts etc...MT4 has an automatic feed with Alpari. I set up the charts on MT4 with the template and EA provided, then manually enter with IG index. Regards Francis

HI Mudder, Have you been using the system on EUR/USD long? Have you had a similar win/lose/breakeven ration to GBP/USD? Done any backtesting? Thanks in advance.... Apologies if this info is eksewhere in the thread... many pages to read!

There are news events that create spikes that you can profit from, and there are bigger news events that are trend changers and can move the markets for days to weeks. The release of Halifax price index data for GBP for example, could cause a spike over a couple of hours. There may be an...

Well, they may come out mixed, so it's pretty difficult to say! Also Bernanke is speaking in 15 mins. I'd wait for the market reaction and see what the sentiment is.

Hello All, News and fundamentals are pretty important for trading - especially I have found with currencies. This is my take on the "currents" within the market at present... (for what its worth!) This week there are 2 “big event” risks – we have the FOMC meeting minutes on Tuesday (14:00...

Thanks Smiffy - I shall start using MT4 as back up. Cheers

Hello All, I got FMT early this week and have been using a manual entry. I'm using a spreadbetting company and so do not have MT4...so I'm using the charts from dailyfx.com, which I find are pretty good. The momentum indictaor moves about around 0, instead of 100. Yesterday, 6th Oct is down as...

Hello, Are you still selling this book? If so at what price? Whats its condition? Where are you posting from? :) :thumbsup:

I purchased the system, as I first came across her methods from forexmentor.com. There is an original way of trading the new york opening at 13:30. Simple but effective. The one that really got me going was the London open. I backtested about 30 trades and found it to be excellent. Ive made a...