Comments on: Creative accounting?

By: Significance of a single large candlestick. | Financal Advisor

Significance of a single large candlestick. | Financal Advisor — Thu, 18 Nov 2010 04:54:56 +0000

[...] covering my AUD-CHF trade not that long ago shows several of these large candles forming, getting bigger as the time goes on. The most recent [...]

By: Significance of a single large candlestick. | syntech finance blog

Significance of a single large candlestick. | syntech finance blog — Thu, 18 Nov 2010 04:10:25 +0000

[...] covering my AUD-CHF trade not that long ago shows several of these large candles forming, getting bigger as the time goes on. [...]

By: loans

loans — Wed, 10 Mar 2010 07:31:21 +0000

I want to thank the blogger very much not only for this post but also for his all previous efforts. I found fxmadness.com to be very interesting. I will be coming back to fxmadness.com for more information.

By: Changing phases of markets. | fxmadness.com

Changing phases of markets. | fxmadness.com — Sun, 28 Feb 2010 15:28:47 +0000

[...] interesting development is how currencies behave on Thursdays. These days have tendencies to be most explosives days of the week now, followed by much quieter Fridays, a change from the past. Used to be that Thursdays were tight [...]

By: Importance of single large candlestick. | fxmadness.com

Importance of single large candlestick. | fxmadness.com — Sat, 20 Feb 2010 16:19:44 +0000

[...] covering my AUD-CHF trade not that long ago shows several of these large candles forming, getting bigger as the time goes on. The most recent [...]

By: Aussie-Yen close up. | fxmadness.com

Aussie-Yen close up. | fxmadness.com — Sat, 13 Feb 2010 16:54:44 +0000

[...] with those pairs on a real roller coaster ride. Strong sell-offs took place in preceding weeks, with good profits on at least 2 occasions. Recently prices found solid supports and rebounded. This rally has been [...]

By: Bailout or not? | fxmadness.com

Bailout or not? | fxmadness.com — Tue, 09 Feb 2010 18:34:55 +0000

[...] pairs remained within the ranges established late last week. They are very wide, 200 pips or so for most crosses, and are very playable while waiting for next [...]

By: Another G-7 meeting. | fxmadness.com

Another G-7 meeting. | fxmadness.com — Sun, 07 Feb 2010 15:49:18 +0000

[...] anything with enough power to move the markets, so chart analysis takes front stage. Following explosive moves on Thursday, everything settled down a little bit on Friday with very few clues for next moves. Hard to say [...]

By: admin

admin — Sun, 07 Feb 2010 14:03:09 +0000

Paul, hope you get better soon. I’ll be the first one to tell you that AUD-CHF trade was very challenging. Between RBA holding rates at one extreme, and rumors of SNB intervention on the other, things work out by a hair. Actually exit was more difficult, because when price runs this fast in your favor, instinct is to stay in and maximize gains. Frankly, It is hard to believe that it worked out. One plus side, after you take many, many trades, few of them will get lucky breaks, like this one did. It doesn’t happen often.

By: admin

admin — Sun, 07 Feb 2010 13:52:57 +0000

Leo. 600 pips in 2 days is very good as well. As far as monitoring many trades at once, it wouldn’t be easy on extremely short time frames. For these charts it is not that hard, since one candle takes an hour to form. Or 4 hours. Plenty of time.