oanda lacks functionality such as larger TF charts.. and trailing stops..

yes its on java platform.. about lagging issues i dont think theres that many... unless your streamyx is really up n down all the time

wahahah adam... ROI more then 100% d wo.. 2 months? or 3? nice nice..

nice chart ppl.. happy pipping.. been a good week for me heh.. hopefully it continues

ngek ngek.. today no market but i'm sure everyone is waiting.. come on.. open ! pipping has to begin ! let this be a good week for us

@jc_shino
its adam's speculation..citibank got hit by the subprime crisis kinda badly but I cant explain too well due to lack of knowledge. They are selling off their business branches quite rapidly .. they are now trying to sell banamex as well now and at a loss. Showing they are undergoing a lot of pressure to raise capital to continue operating.

Here's the banamex news
http://www.cnbc.com/id/29201800

This post has been edited by kelvin_tan: Feb 15 2009, 10:23 PM

y do u even bother entertaining his forex advertisment? this is for forex discussion NOT advertisment

@shanelai
there is no website easier than babypips that I know. Try reading it as it is quite easy to understand

@txi
GU cpi better then expected makign it rally to 1.43 (6.02pm) ..

market is really unpredictable nowadays.. ><

euro/usd was 1.61 a year ago..
now its 1.26.. make ur choice..

EA if it works so well u think they bother selling it to u? LOL !

It is true however that EA does not have human emotions but if EA is so good y is there so many negative remarks about EA? If it can provide definate returns then everyone will use it to trade because it earns money for you while you are sleeping. EA as adam mentioned does not discount the fundamentals. A successful trader includes both technical and fundamentals into trades that he/she makes. EA only includes one part which is technical. Fundamentals decide where the trend goes while technical decides where to enter and where to exit.

Well trying one of the EA's and telling us how well it went is the best answer to our discussion. No backtest please. Without fundamentals, chances of winning on pure technical is hard

Nah you dont need to master stocks before you jump into forex. I didnt touch stocks and I entered forex directly.

There are conditions involved though.
They are :
Take Adam as your sifu
Do constant reading on fundamentals and understand it.

orangysb.. no point argueing.. show us that we are wrong on EA by using it for 6 months on demo. no backtesting please.. real time usage..

@babytensai
u wont need books since your a beginner.. at least not yet.. what u need is www.babypips.com/school ..

@leontak
very nice arguement on the EA. The reason why I do not believe in EA is because I have yet to know any big names in the forex market that made big bucks through EA only (meaning technical analysis only without application of fundamental).

yen pairs just retreated.. could be retracement... but on 4h its bearish engulfing..

those are standard procedures wookypooky