Hello all,

Once you get your trading groove on, you realize that 1 monitor just doesn't work (well at least now very well, lol...). There is a cheap way to set up several monitors and it works great! There are video cards and monitor arrays that can cost $1000's. However, you can get 4 to 6 monitors setup for less than 2k (including the pc). Yes really!



Golden Rule: The most important rule is to keep...

riffster

Hello all,

Most of my trading friends are looking for the next down cycle for the USDJPY. As the USDJPY continues to make healthy consolidations, it prevents the possibility of an over-extention to the downside. The fundamentals will most likely force a bottom on this pair. Until then, we should be able to take some nice rides on the downward cycles.

Trade Idea: A pullback to the 89.90 level is a good place to short this pair based on the downward trend line. Stops...

riffster

Hello all,

I enjoy reading bank forecasts and decided to compile some data. I averaged the forecast data from 18 different sources. Thought you might find it interesting...





It's always interesting to see what the "big boys" are thinking...

riffster

Hello all,

My second "favs" post. Why post my favorites? If you are like me (always looking for good ideas), then surfing someones favs is never a bad idea.

1. Multi Time Frame - Usually MTF = laggy, but not always. Hint: some indicators that are normally laggy in single TF, do much better in MTF (i.e. MACD, MA's, etc...) This thread has a generous helping of indicators and ideas...

2. Trend Indicators - The old saying still holds true...

riffster

Hello all,

I found a very interesting article on Global Finance's website (it's a magazine). The full article is worth a read. If they are correct, the USD will make a 4th quarter come-back. Bottomline: I've been reading more and more bullish forecasts for the USD recently. It looks like the big banks and larger funds are slowly taking confidence in the USD (or is it just Obama? lol...)

Full Article

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riffster