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Posts by "nzvik"
263 Posts Total by "nzvik":
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Posts by Anonymous "nzvik":
have a look at thishttp://www.investopedia.com/articles/forex/05/COTreport.asp?partner=ntu9
it is helpful however time frame to get the desired result could be a couple of weeks - which means that stops have to be wide.
only 2% were right about this move as per this poll. that's about the % of people who consistently make big money from trading.
if you have enough experience trading this - go for it - or else best to stay out as their could be large whipsaws as the timing of today was least expected. Big money will take 24hrs to start taking positions around this event, so best for me to wait and watch.
http://www.zerohedge.com/article/telegraphed-discount-rate-hike-goldmans-take
the other guy you want to check out ishttp://twitter.com/steenbab - he is excellent on trading psychology and his blog is filled with a million gems - he trades the emini - and posts daily with links to some very informative blogs. here is one from yesterday http://traderfeed.blogspot.com/2010/02/stop-loss-points-in-trading-do-we-need.html
and the beauty of these two guys like Ashraf is: they are free