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A Tale of Two Economies

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As America struggles with crises after crises, she looks to her people for her future

By Joshua E. Stone



As the S&P closes in and surpasses the 1220 target mapped out in Jan by me, and even earlier by others...

The Four Steps to Forex Hell

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Step 1: The Zone

[attachment=90:The_Zone.png]

As many good books and traders will tell you, there is a place called "The Zone." This is not a fictitious place; this is when everything seems to go just right. Almost as if you can predict where the market will go. You are one with your charts and make almost all good trades. You have...

BROKER Broker

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[attachment=86:broker_broker_.gif]

Which broker should you use????

Criteria that makes a good broker:

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Podcast 004 - How I made money trading at work with set it and forget it trading!

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In this episode I will share the details of how made money trading at work using my set it and forget it methodolgy.

Tim Bourquin interviews Chris Farrell, a former market maker who transitioned to a successful online trading career.

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Indicators are funny things

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As we all have our favorite indicators, we all have our own preference in what “chart timeframe” is best for our indicators. We get so accustomed to our indicators, we know how they behave. By looking at the indicator, we know what direction the price is going to go and then we make our trade. But,
Once when we get in the trade, we start...

Guide to expert advisors and how to trade them for non-programmers

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So you potential suckers, who believe expert advisors (EA) are the key to your financial salvation, let me give you some tips I have learned from spending many hours testing many EAs. You need to better equip yourself before you take a risk especially if you are considering trading real money with automated trading.
How the big banks do it and...

Bonehead statement for today!

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Here's one trader that obviously didnt read the US data out today.

“There are finally signs of an improving economy,” said Ric Navy, a broker at BNP Paribas SA in New York. “It looks like crude is starting to put in a nice base, and will soon head toward the recent highs and may peak above $50.”

Bloomberg Article. ...

Low Maintenance Weekly Breakout Strat

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After some considerable interest in this strat that a few of us have been discussing, and some positive test results - I decided to post some details here.

Some Forex Links

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Here are a few useful forex links to add to your rss reader!


Central bank websites

The People's Bank of China

World Bank Data & Research

Latest Currencies - Euro(EUR) news stories

Interbankfx Market News

International Business News | Online Business News - International...

Dukascopy

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FiBo_X Trading Strategy

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FiBo_X Trading Strategy

Current strategy has won the hearts of many Forex traders. And why not when it has a great winning potential.

Strategy requirements/setup:
Time frame: daily
Currency pair: any
Trading setup: SMA 150,
RSI (3) with horizontal lines at 80 and 20,
Full Stochastic (6, 3, 3) with horizontal lines at 70 and 30.

Trading...

Money Management

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Here's some information on the last topic traders seem to navigate to but it's the one that should enable you to at least survive and hopefully to thrive in trading. I don't claim to be an expert on the subject but here's some of what I've picked up along the way...

In the time I've chatting here at ircforex I have lost count of the many traders...

Top 21 Financial Market Related Movies

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21. Good Advice (2001)
Plot: An investment banker loses everything and must discover what's important in life.

20. Enron: The Smartest Guys in the Room (2006)
Plot: A documentary about the Enron corporation, its faulty and corrupt business practices, and how they led to its fall.

19. What Happens In Vegas (2008)
Plot: Set in Sin City, story...
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