I think most of us called the smaller timeframes short trade yesterday at 4240. I didn't have 1.41 as a target from my probability point of view. Hence why I close my short for just 50 pips yesterday back at the then current support area. On the ...

Cable Update (GBPUSD)

Don't often post on FF but entering shorts on AUD/NZD after R100 was broken seemed dangerous to me and go's against the 'normal' pivot rules. Looking at price now I suspect you are in drawdown. I am wondering what made you take the trade there? Is ...

Pivot Trading

If we all knew that we would all be billionaires Trading is about probability. You need an 'edge' ie over time you win more trades than you lose. Have a read through some threads here on forex factory. The best one atm is probably Davits ...

Cable Update (GBPUSD)

Could you explain how it was written in the chart 3 days ago before any of the recent news events? I would have made loads selling from the top

Cable Update (GBPUSD)

Wow longs all stopped out from a inpromptu Carney speech. He has manipulated the markets there so he doesnt have to go through with the rate rise in May

Cable Update (GBPUSD)

Ive closed that short term 4240 sell for 50 pips profit. Another short term long @ 4188. I suspect this will now range around for the rest of the day. I predict the daily bar will likely end up as a Doji reflecting the current indecision

Cable Update (GBPUSD)

Longer term 4hour / daily / weekly this still looks like a bull market to me. Bones has put up some great charts over the last few weeks showing why. Target of 1.44 and 1.47 is not unreasonable. Looking across all the GBP pairs today they have found ...

Cable Update (GBPUSD)

I was under the impression the tax bill is expected to pass. The only shock would be if it was not voted through and would result in bullish EUR/USD.

EURUSD only

Corbyn doing rather better than expected if the exit poll to be believed. Voter turnout is up in this election and the likely cause is Corbyn has mobilised many young people and students to his cause. May must be bricking it, what a political ...

The Really Useless Thread

Donald J. Trump‏Verified account @realDonaldTrump I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate. I agreed.. ...subject to the fact that if we do not reach a fair deal ...

The Really Useless Thread

Possibly a double whammy with CAD. Trump has reversed his position on NAFTA (Is anyone suprised any more) Oil is returning to buy levels in my opinion.

The Really Useless Thread

I certainly hope so as ive entered long there

The Really Useless Thread

Watching the press conference, and the uneasy avoidance of the question 'Will Trump release his tax returns?'

The Really Useless Thread

If Trump is going to impose tariffs and rip up the agreement with Canada, the US closest ally and trading partner. Where will he stop? Only matter of time until other countries get the same treatment.

The Really Useless Thread

Next step after that is start a war and plunder another countries wealth.

The Really Useless Thread

NZD economy has a large dairy element to it. So any news that may affect its dairy/cattle exports will have an affect. Trump and his dairy trade war with Canada has had a knock on affect to the NZD. News link url

Pivot Trading

Whats also interesting is one of Trumps first actions as president was to sanction and advance new USA oil pipelines to be built. An executive order was signed for this in January reversing what the Obama administration had vetoed. Oil producers in ...

The Really Useless Thread