I am out, happy trading guys. Here's hoping that gold and aussie starts a downtrend so that I can load on some LT positions.

EURUSD

How many times do we have to repeat that a rate cut devalues a currency not the other way round.

EURUSD

The thing is you don't even know if there will still be a euro. As a fundie, there is too much uncertainty regarding the survival of the euro or who will remain in the euro that it is too early to say anything for sure. The control is still with the ...

EURUSD

Hope the trade goes according to plan for you! I don't like playing with Shirakawa unless Bernanke joins in to make 3some.

EURUSD

You'd be surprised at the number of algo trading desks who do let their algos run regardless of news related events only to be rushing to turn them off when correlation breaks down.

EURUSD

Yeah. Good news for US is bad for gold and the JPY. It is actually good for the USD but you will usually find contradictory arguments with regards to risk currency pairs.

EURUSD

Imagine what all the algos configured to trade on correlation must be doing now. S&P up? SEND LONG ORDERS FOR EUR/USD.

EURUSD

I think, one thing new traders should always keep in mind is don't bet on US figures on risk swaps. There is so much factors that come in play with regards to global trade and each currencies role in global trade that it will only give contradictory ...

EURUSD

Surprisingly gold and aud/usd slumped against my expectations. At least I got some profit there though. If he ever sees this, I must thank Pipnaija although I still don't agree with using an EA and how douchey he is. His advice on playing the strong ...

EURUSD

To quote my unbelievable sexy self. My EUR/AUD and EUR/NZD are tearing shit up. Though my gold position and AUD/USD seems to have become stagnant, thank god I locked some profits in.

EURUSD

How many people have got margin called?

EURUSD

You are correct. Do not listen to the crap other people are spewing. Their fundie knowledge is not up to par.

EURUSD

True enough. It is whole a different game out there and we are just playing the one made for kids.

EURUSD

On a mere 25bp rate cut? Going to have to take them to cut it to the "twilight" zone, untouched by men of 0% for a 1000pip drop to take place.

EURUSD

Yeah there would be so many more ways to trade, much more dynamic and more room for creativity, rather than just living off quotes you get from your broker. Think of all those trades you can exploit depending on which market you decide to release ...

EURUSD

Btw I've been reading a bit of the book you recommended, it just makes me...So sad being a retail trader and having no access to Interbank market.

EURUSD

Fantastic! I've locked in some profit from my gold, aud/usd and eur/aud trades as well.

EURUSD

Good luck. I have been short EurAud since 2214 on I/R cut bets.

EURUSD

Will take a look, thanks for the heads up!

EURUSD