Hi
Placing stop loss exit is a Risk control tool and risk management.How many pips down you are placing the stop is a money management matter.You have entered the trade with a stop loss.One of the two things will happen in due course of time. The Price will move against you and hit the stop loss. Or the Price will move in your favour.When the price moves in your favour, you have positin management.You have to move your stop loss to break-even.How many pips down is the question.It depends upon the time frame you are trading and the method you are using. The logical point the place you don't expect the price to go is the place you place stop loss.If it goes your premises of the trade is no more valid.Cutting your losses is an age old rule in trading currencies.And stop loss tool does this function.Good Trading. Muraleedharan

hi, anyone of you here know where I can find a live chart/ticker for crude oil without lag/delay? Thanks.

Hi Everybody,
I have learnt that the expertise consists of taking what starts out as effortful and making it automatic more and more efficient.The multimodel Processing of information take you to the level of automatic.There are different learning styles and most people have strengths and weaknesses as learners.An acronym that is useful in remembering learning styles is VARK 1) V for visual 2) A for auditory 3)R for read and write and 4)K for kinesthetic (kinesthetic learner learns by doing). If we hear it, see it, read it, and do it the skill and information is more likely to be internalised and become automatic.In trading we observe the market price action in real time, hear ,read and learn about trading, do demo trades and real trades to start with demo accounts and subsequently to mini and regular accounts upgrading yourself as you progress.The growth can be slow or fast. It is "YOU" who make the growth possible.Good Trading .Muraleedharan

Hi,
May I know where can we get the interest rate expection information for each currency?
And also the interest rate derivative future?
Thanks!

Hi Green Frog,
On DailyFX.com, we have listed our interest rate outlook for each of the major currencies in our Currency Rooms.
They are located towards the bottom of the page, and are listed right next to the Technical Support and Resistance section. Hope this helps.

I would be interested in hearing opinions on how a government takeover of Freddy Mac and Fannie Mae might affect the EUR/USD. I would like to try to prepare myself for this inevitability. I am assuming this would be dollar bullish.

A government take over of Freddie and Fannie certainly wouldn't be dollar bullish. If the US gov has to spring into action to save these two GSEs (which hold an estimated 50% of the country's mortgages), then it would put a tremendous strain on government reserves, the global credit market and confidence in US assets.

Essentially, a bail out here would hold similar concerns as the Bear Stearns' effort. The dollar was able to rebound after it was clear that JP Morgan would step in to make the purchase and the government would facilitate the purchase; but things are different for Freddie and Fannie. The government is obliged to guarantee those firms and will be forced to secure them.

This would have the greatest influence on the the credit markets. The failure of two of the biggest lending bodies in the market will shoot lending rates higher through risk premium and a need to curb already taxed reserve capital. In the long run, this will slow global growth. Short-term it will send investors to safe assets.

In the flight to safety, fewer investors will go to treasuries, because the additional debt taken on by the US government will increase the risk attached to the sovereign securities (there were concerns that the US debt rating could be lowered if they took on this burden, and it would certainly be revisited should this occur). Instead, capital will go to commodities (priced in dollars), to Europe, to Switzerland and other deeply liquid safe havens.

This is all speculation though. You can never really know how these market dynamics will play out.

What do you think would happen?

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John Kicklighter is the author of Dynamic Carry Trade Basket, Watch What The Fed Watches, and Forex Trading Weekly Forecast on DailyFX.com

Hi i have read now twice that this weekend will be a holiday weekend, wich country is having a holiday? im worried about the light volume this could cause

thanks

Hi, i m new user. i just opened MINI fxcm account 1000$. i just want to know that " when to open any trade ". which is the signal for new user that now you can open (SELL / BUY) it.

hi, i m new FXCm user and just opened 1000$ mini account. i want to know that " WHEN to OPEN a trade ".
which is the best signal in FXCM that now open the trade.

Can someone tell me how to determine when a current bar will close and a new bar start on a Daily chart for any given currency pair/cross?

I have a question about SLs and TPs
I appreciate that stops are not guaranteed due to massive swings in the market, for example if I went into the weekend with a long on the GBP/USD at 1.990 and I had a stop limit set at 1.985 but when the market opens on Monday it opens at 1.980 I would expect to be stuffed for the entire 100 pips. But what would happen if the trade was the other way around with a TP instead of an SL, for example this time I went into the market short at 1.990 with a TP set at 1.985 and the market again opens at 1.980, would I get the entire 100 pips or would I hust get the 50 pips from the TP set?

Hi Vidyraja,
I am not quite sure of what you are trying to ask. Could you please clarify what you mean by 'best signal in FXCM'? DailyFX.com provides useful insights and strategies for forex trading, and you may want to take a look at our site for more information on currency trading. Hope this helps.

Hello MTB,

The FXCM Sales staff would be the best to ask about FXCM platform-related questions: sales@fxcm.com. That said, your orders will always be filled at the best available price, so, in essence, there will always be negative and positive slippage on limits/stops.

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David Rodriguez is the author of Forex Trading Signals and Forex Trading Weekly Forecast on DailyFX.com.

Hello Tomas,

Sorry for the late reply, but it is primarily a North American holiday ("Labor Day" in the US).

__________________
David Rodriguez is the author of Forex Trading Signals and Forex Trading Weekly Forecast on DailyFX.com.