October 28, 2011 by Eagle
Comments (1)
I'd like to start wider discussion on very controverse topic. I am not an economist, so i rather cite some smart people.
2010's comments:
At the moment spreads are about 2 basis points (bps). If we add 5 bps as a tax then spreads widen, and as spreads widen liquidity drains away and they widen again. Twenty bps might be where it would all settle down again. Exchanging foreign currency is now paying 10 times more. Yes, on your booze money for your hols as well. This is... Read full post
September 18, 2011 by PTtrader
Comments (11)
Dear scalpers,
after analyses of user activity, we decided to delete several groups, to make this website easier.
Groups are very similar like forums, but with many other advantages. We have chosen only the 5 most important.
- forex scalping discussion - main group, for all scalping questions and discussions
- forex scalping beginners - this group is specialised for new scalpers, who would like to need some help, from more experienced scalpers
- motivation music - group, for... Read full post
September 9, 2011 by PTtrader
Comments (4)
profit, traders in profit, retail traders profit
I was interested in, how many % of retail traders make really money at Forex market, everywhere you can see traders, who tolds only 2 - 10%, but the main question is how to find it, because you know, forex spot market is decentralised, so any statistics about whole forex is very hard to find. I found that US regulated brokers have to share these numbers, so lets check results of US retail traders, which could be similar in some way with rest of the world, i think.
These numbers come from Q1... Read full post
September 8, 2011 by PTtrader
Comments (4)
forex scalping, eurchf analysis
I show you here part of my analysis of pair EUR/CHF for next days.
As i mentioned in last blog post, level 1.2000 should be very strong support for next days and weeks. Very good resistance is level 1.2190, which was top after intervention. Today market try to test this level two times, but fail. Now can start two possible scenario: first -> market will hold the resistance and will be in rally between levels 1.2000 and 1.21900 or market will break the resistance and fly up, because i... Read full post
September 7, 2011 by PTtrader
Comments (3)
forex trading joke, jokes, joke
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September 6, 2011 by PTtrader
Comments (0)
snb intervention, eur/chf intervention
Today, at Tuesday 6.09.2012 Switzerland national bank made an intervention agains his overvalued currency CHF - swiss franc. Their target is to keep at least level 1.20 at EUR/CHF and fix it against the whole world.
Will be that successful or not?? You know, world is big and Switzerland is small country. I think that it is very possible to keep this level at least for several weeks, but for long time it will be very difficult! You know, world is full of big hedge funds, big investment banks... Read full post
August 13, 2011 by Eagle
Comments (0)
You can have your own trade blog !
It's very simple to start: in main menu click Blogs -> Write a new blog post
...So post your notable trades, thoughts and get a feedback from friends ;)
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