AUD/JPY formed a shooting star on yesterday daily candle.

AUD/USD

From june 3, 2009 to sept 3, 2009- EUR/USD stalled. It moved in 400 pips range in these 3 months. Violent moves followed by a stall is an inherent behaviour in the markets.

Cable Update (GBPUSD)

From june 3, 2009 to sept 3, 2009- EUR/USD stalled. EUR/USD moved up and down in 400 pips range in 3 months. I feel we are looking at same thing here- EUR/USD stalled for next 2 months more in 1.34-1.37 range.

EURUSD

Yup mate. Traders working in hedge funds put orders by contacting the clearing house. Simple thing. In house Risk management experts monitor those orders. Hedge fund managers take the decision when to short and when to long.

Cable Update (GBPUSD)

Friend, i respect your views. But you should know one thing- The hedge funds are 'decision makers'. Their decisions are routed through top 10 clearing house. $ 85 million is a notional amount of shorts. UBS gives 1:5 leverage to Soros Fund ...

Cable Update (GBPUSD)

Mate, soros dont put orders directly. He is busy in his NGO. His hedge fund managers put orders as a part of portfolio investment and restructuring. My friend deal with traders at soros fund management LLC. If you need to know what traders had for ...

Cable Update (GBPUSD)

Yup mate...long term shorts are going on with 1.40 as a target.

Cable Update (GBPUSD)

I am short. It did broke daily pivot. Right now retracement is going on. Short at 1.4950, TP at 1.49, trailing stop loss at 1.50.

Cable Update (GBPUSD)

Profit booking rally before another downfall on thursday and friday. A major downtrend does not change with one day bullish candle.

Cable Update (GBPUSD)

Short from 1.50 since yesterday Target 1.40 in next 4- 8 weeks. 1000 pips profits target.

Cable Update (GBPUSD)

Bulls will say to you average it..thats their opinion. Bears will say to you exit it..thats their opinion. It seems you have taken a long at the highest zone of 137. Go back, learn the fundamentals, learn the technicals, try demo trading and dont ...

EURUSD

Lets be very clear about one point: It is easy to make money in a tangible economy- Mc donald workers, truck drivers, carpenters, manager, finance professionals, Vice president, operations director etc. 6 billion people either directly or through ...

Making a living trading forex

$ 15 million shorts at 1.60- 1.62 $ 45 million shorts at 1.55-1.57 $ 25 million shorts at 1.50-1.52 (last 2 days) No shorts have been covered yet. Short covering target is 1.40. As per my trader friend who works in Institutional sales in UBS London, ...

Cable Update (GBPUSD)

In Sept 1992, George Soros was directly in the market and took that huge bet. These current $ 85 million shorts are bet by his fund managers as a part of portfolio investing. They will start covering shorts at 1.40 in April/May.

Cable Update (GBPUSD)

George Soros shorted $ 21 million worth of pound in last 2 days — Breaking news: Soros Fund Management, LLC have shorted $ 21 Million worth of pound in last 2 days. UBS London is acting on behalf of soros fund management and is shorting the ...

Cable Update (GBPUSD)

From 1999-2009- EUR/USD moved up from 0.88 to 1.60- almost double. Can we expect 2009-2019, EUR/USD moving from 1.60-3.20- Double. Can we say US dollar is in long term decline?

Identifying Market Swings - Medium and Long Term Trading

Report it if someone is calling you an idiot. That is violation of FF rule number 1. That person will be banned. We all take opposite positions but there has to be lot of respect and regards for each other views.

EURUSD

Short it, close the trading station and go for a vacation. Itis going to 1.40 by april. I find it stressful to keep booking profits after 50-80 pips. There can be a retracement at 1.45 (1.52-1.45)

Cable Update (GBPUSD)

Yesterday 1.5195 was the retracement from 1.55-1.47 levels. G/U have resumed its downtrend. British Govt is happy with pound being hammered as increased exports will lift the growth of UK.

Cable Update (GBPUSD)

The last 4 weeks E/U range of 1.34-1.36 does not mean trend change. Sooner or later, it will travel in its major down trend to kiss 1.30. Please observe daily charts of last year. When ever E/U has stalled in its uptrend, after 4-5 weeks of range ...

EURUSD