Recent content by FrankTheTank

Spider, Many of us use a product called Secret News Weapon (SNW) which will deliver the news to you milliseconds after its released. In the past, we could use this quick information to make money on the news spike up or down. However, recently it has become near impossible to make money...

Thanks for the great updates. Would it be possible to post the comments earlier? For many on the East Coast, we arent able to get the comments until the morning of the trades which is sometimes too late. Thanks!

The only currency futures pairs with enough liquidity to make them "tradeable" are EURUSD, GBPUSD, USDJPY, and maybe CAD. Anything else is too risky because of low volume.

This is exactly right. If you only trade EURUSD, USDJPY, and GBPUSD spot forex, you would be insane not to trade currency futures at CME instead. The only reason why some of us also trade spot forex is to have access to more exotic currency pairs such as NZDUSD, etc. I think its a...

I recently started a full time job and am not able to trade most of the Forex Diamonds signals offered by Felix and Sir Pips. I am looking for someone located here in the USA who has been a member of Forex Diamonds for awhile to place trades in my account for me whenever they are called out...

I tried it for a long time when I first started trading. It found some great entries but I ended up losing more then I made. I have slowly come to realize over the years that trading based on technical analysis alone (such as Guppy) is not profitable. If you combine Guppy with some...

Blah Blah Blah Spot forex market is a SHAME! Why on earth would you suggest people put their hard earned money into forex? Just look at forex bastard broker reviews to see what type of industry this is. Dont get me wrong, I have made a lot of money with spot forex, mostly through SNW. Now...

Sure. The technique you are describing has been used by traders for centuries. Its called buying or selling at a discount. Sometimes the spike allows for a good entry and its a smart trade provided the news report is not a big one (like NFP or rate decisions) and the deviation is not that...

Making money off of news releases has always been and will always be an opportunity to make money in the forex market. As others have posted, it just depends on the technique and strategy that you chose to capture the pips. Spike trading has died (or never really existed), after and...