Recent content by wrmeeker

As Trendie wrote above, I found that I have to unplug and recharge. In fact, I do turn off my computer before I go to bed. Most pairs tend to be rangebound between 12 PM EST and 12 AM EST, so day-trading for me is best during the U.S. and London overlap time in the morning. That being said, I...

From U.S. perspective, volatility and hence day-trading opportunities are higher during the European session (2 AM - 12 PM EST) and the morning portion of the US session (8 AM - 12 PM EST). So the best time to day trade, IMHO, would be during the overlap of these two sessions, or 8 AM - 12 PM...

I just looked into it. You can, of course, open a demo account because you're not using real capital. But most of the spreadbetting firms won't open a live account if your address is in the U.S. due to the 2006 Federal law against "Internet gambling". I hope the U.S. will come around to...

This might be FXCM's response (taken from their website). I am NOT defending them!!! Your posts are quite disturbing to me as a FXCM account holder. Chart Pricing vs. Prices Displayed on the Platform It is important to make a distinction between indicative prices (displayed on charts) and...

Jack, Thanks much for your long thread and for the blog on MTP. It was great to review an independent evaluation, including a lengthy period of trading, about this software. I decided to buy it . . . setting it up now.

(1) Stops not so tight next time AND/OR (2) Better entry timing

Pair did go to target overnight after stopping me out. Crikey!

Bad idea -stopped out at 105.100. USD/JPY too overbought, despite rising MACD. Will probably go short, as long-term trend is lower.

USD/JPY entry Bought USD/JPY at 105.275, stop 105, target 106.3.

IMHO, if you are interested in trend trading, read Trend Following by Covel. After rereading Livermore, which is liberally quoted in Covel's book.

Light Crude in Wave 4 Correction? Mucking about with Elliott Wave analysis -- here's my Metastock chart. Comments/corrections/insights?

Recs above are excellent. Recommend any good reads on trading eMini metals?

This was an extremely valuable discussion -- thanks to all!

Intro I have been trading stocks and stock options part-time for many years and recently retired from my day job to trade full-time. I recently got into FX trading and enjoy it a lot. Planning on trading commodities as well as soon as new account is funded. Hope to get to know some people...