Well forex was created to exchange money,meaning if toyota sells 100 cars in USA,then money being sent back to japan and thats forex,when this happens bank who gets the order has to raise liquidity to fill the exchange order,to raise the amount that ...

AUD/USD

now that was correct if robots were trading in the market,and thats the reason why any automatic trading system will eventually fail,and thats why we have only liquidity when uk and new york open/close because its people who have millions at their ...

AUD/USD

whats your SL ?

Cable Update (GBPUSD)

i too had experience where i flipped and blamed Oanda for not being able to connect to the broker not so long ago.It was technical fault with my pc most likely but i flipped also because that day i had to close -1k position of profits .So the ...

OANDA Discussion

well aud opened downward,hopping it will give a chance to enter higher before the rate annoucement,to short this ba$tard

AUD/USD

your right about the number of shorting this pair according to oanda stats its 1/3 ratio at the moment.When it reaches such ratios its usually indication of huge movements cooming,if you were to think theres many strangled in short trades,but any ...

AUD/USD

and im sticking to this chart until proven otherwise,if we have a close above 5860 -(+) 20 pips then no point in shorting. image

Cable Update (GBPUSD)

Imo,if someone has larger account then 200k $ then your broker gonna be somekind of large bank,like goldman sachs or direct access to trading floor but not trading through fxopen or other some kind bucket shop.

Cable Update (GBPUSD)

well the friday close left many guessing now,and yes it may go up,but revisit to 1.55 is still on the chart to come,only question is will it reverse after 100pips or at 1.60

Cable Update (GBPUSD)

Altough according to oanda,majority is short on eur and gbp,but if closely looked at daily chart theres enough bulls trapped to bring pound to aleast 5700.but time will tell.

Cable Update (GBPUSD)

after the testing and stop hunting it should dive down again before london close and into the next week,should see 1.2950 again next week.

EURUSD

first leg down image

Cable Update (GBPUSD)

have to agree,britain had worst sales in december,altough media doesnt show much attention to it,but economy is going towards the standstill.

Cable Update (GBPUSD)

first tp 5760 2nd tp5730 3rd tp5700

Cable Update (GBPUSD)

U sure not risk ON ?

Cable Update (GBPUSD)

dream on

Cable Update (GBPUSD)

balls to you for thinking this way

EURUSD

close below the trendline and were diving down,or hard bounce if closes above 5860 image

Cable Update (GBPUSD)

same here except im waiting for 5660-80,as there arent any economical changes for the last two months.That aside 1.60 is possible with the spiking of the news.

Cable Update (GBPUSD)