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Panco replied Jul 25, 2014I got knocked out with my long GBP trade but I was able to recover through other trades. Really in GBPAUD, lucky I used a tight stop.
Cable Update (GBPUSD)
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Panco replied Jul 22, 2014I don't understand you. You said earlier about AUD trend, I said AUD will be sold and showed a strategy indicating GBPAUD will rise, hence the a bearish trend for AUD against a number of currencies. I am in a nice profit already from taking a long ...
AUD/USD
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Panco replied Jul 22, 2014I am long GBPAUD, +5 pips approx. I do believe AUD will be sold. If I will be in a bigger profit I will liquidate some partials. I have a fairly small stop so I am not too concerned.
AUD/USD
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Panco replied Jul 22, 2014Of course it does, it means AUD will be sold, hence the bearish trend.
AUD/USD
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Panco replied Jul 22, 2014We'll see what the monthly close will tell us. I have faith in EURUSD despite the heavy selling. If however it will continue to trade lower it changes the whole picture. It's all up to the monthly chart now.
EURUSD
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Panco replied Jul 22, 2014I think this video will help you understand AUD trend, I said it before though, AUD Intraday Strategy
AUD/USD
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Panco replied Jul 22, 2014I disagree, there is a strong potential for strong gains in GBPUSD. If you want my opinion, minimize your exposure to GBP by liquidation or hedging, depending on your trade sizes of course.
Cable Update (GBPUSD)
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Panco replied Jul 22, 2014I personally favour buying on dips in EURUSD but I see what you mean gatorinla. I posted something earlier on shorting the Dow and I am already in about 25 points profit. Worth keeping an eye on this guys, Short DJ30 and FTSE100
EURUSD
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Panco replied Jul 22, 2014It's not about EURUSD but I received this alert on DJ30 and FTSE100, DJ30 Short Trade Alert If the indices will drop, will EURUSD trade higher as a result?
EURUSD
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Panco replied Jul 22, 2014I am not sure if you follow what is happening in Russia but they have suspended Natural gas flow before, it was to Ukraine. Russia has many resources, google it.
EURUSD
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Panco replied Jul 22, 2014Unfortunately many countries rely on Russia's natural gas and there are no replacements at the moment. Perhaps EU countries will seek an alternative but at this point of time there is nothing they can do. Russia can take very aggressive steps. ...
EURUSD
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Panco replied Jul 22, 2014Usually the meeting begins in the afternoon, after 13:00 GMT. An announcement can be made at any time into the night. This is to the best of my knowledge
EURUSD
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Panco replied Jul 22, 2014I am very surprised gold bullish momentum is not picking up, thought some safe haven will do the job
Only Gold!
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Panco replied Jul 22, 2014I think the selloff in EUR is because of the upcoming EU ministers meeting where more sanctions will be imposed on Russia. The concern is that I it will happen Russia will suspend debt payments to European banks, more than EUR 300 billion. EURCAD ...
EURUSD
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Panco replied Jul 21, 2014I think you got the direction right but it will take some time
Only Gold!
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Panco replied Jul 21, 2014I am not sure if you heard but EU ministers will meet today to discuss further sanctions on Russia, how come it's not in the calendar? It could be a major event!! Will EU Take Actions on Russia
EURUSD
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Financial Resources for Experienced Traders
Started Jul 18, 2014|Trading Discussion|2 replies
I have been trading for a long time in this market. I have seen tons of sites offering ...
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Panco replied Jul 18, 2014I am not sure if you did anything but I did
Got a nice profit on GBPAUD 
GBP/AUD