To use a Boardwalk Empire quote, it is up and down like knickers in a cathouse. Some hope ahead for direction after the budget release and the realisation that rates can be raised because of GBP weakness. url

Cable Update (GBPUSD)

The pip convention does not really apply to Bitcoin, I started with USD10k and I have done 17 million pips according to the TE, I don't feel rich at all. If you had a USD10k starter account on normal forex, 17 million pips would be quite something. ...

Bitcoin technical analysis

I would not have thought starting out that Bitcoin would be so good to trade, the price action is pretty crisp, more than I can say for USDJPY, GBPUSD and EURUSD, which are pretty much where they started last week again....

Bitcoin technical analysis

Apologies to the XAUUSD & XAGUSD thread users for posting about Bitcoin, I won't again. I posted the link to the main source of my understanding of Bitcoin Gold on the Bitcoin thread ( url ). I understand that it is now live according to Coinbase, ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

You are right, I made a premature assumption that we had escaped the malaise of the narrow range.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

A few more and you will be rewarded! S&P futures tanking, so we could be in for a reasonable move, not that XAUUSD and SPX500 necessarily always move inversely.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

GBPUSD started an upside move, hopefully this means the Brexit discussions are proceeding positively. The technical picture as noted on this forum has been a bit confused, but the key economic data has been overwhelmingly positive, so this pair in ...

Cable Update (GBPUSD)

The GDAX has partially degraded service due to volume. url You know it will hit USD8,000, just a question of whether it will take a breath after that or blow through it.

Bitcoin technical analysis

It looks like there might be some life in XAUUSD and XAGUSD yet, tentative upside breakout budding. I noticed the spreads widen considerably with both brokers I use, so maybe something big is in the works.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The surge in Bitcoin is the only highlight in my forex trading, this week has been dismal on AUDUSD, EURUSD, GBPUSD and XAUUSD, they have hardly moved. I try not not have a directional bias, but I really think the reason the bankers keep the ...

Bitcoin technical analysis

See my post above in reply to Nicholishen - the article explains the situation in Zimbabwe, where the prices are virtually double at any given time. Here is another more detailed explanation. url

Bitcoin technical analysis

We have almost reached the previous peak. The daily looks very promising for a major up move, and we already know that somewhere in the world people are already willing to pay USD14,000 for a Bitcoin, this could be a big weekend.

Bitcoin technical analysis

This must be it! url

Bitcoin technical analysis

I am surprised that there has not been a significant pull-back today, but just to be sure, I have taken profit on all longs and started a new position build.

Bitcoin technical analysis

I would like to see that strategy in action, I thought the risk-reward ratio might be a stumbling block. I am still waiting for the whale trade on gold. I usually break my trades into 10 parts, and I have started a small position build with 4 longs ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I think we all have the same problem. Some say manipulation, but I suspect the proliferation of algorithmic trading by the banks and hedge funds eventually get the market to a steady-state where virtually nothing happens. The M30 chart is useless ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I harvested the open positions, but opened two more. Try this template, I am finding the entries on the 30 minute time-frame quite reasonable, still no sign to short for me yet. The buy/sell arrow is self explanatory, with the entry confirmed by the ...

Bitcoin technical analysis

Unbelievable recovery, if tomorrow holds up like today, it looks like we will recover the entire drop from the peak. Nothing gives up the pips like Bitcoin. Wasting my time on EURUSD and GBPUSD today, almost the same risk capital, less than a 10th ...

Bitcoin technical analysis

My reply was not a hate post, I just have a perhaps too hands on approach with trading Bitcoin, so I don't leave it unattended. It was a good call you made.

Bitcoin technical analysis

I agree. I am not a "gold bug", but the enclosed link has a particularly relevant topic regarding Peak Gold, which was a major part of the Denver Gold Forum 2017 held in September. The all-in-sustaining-cost of producing an ounce of gold is ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread