be careful dude, you have done really well, you don't want to give it back. Pete

Simple 5 / 8 moving average crossover

Great stuff guys. Glad to hear you are doing well. I am currently long on a few pairs, NZD/USD, NZD/JPY and AUD/JPY, AUD/USD. Some of these are fairly well correlated so I chose my position sizes accordingly. Currently have around 140 pips or so ...

Simple 5 / 8 moving average crossover

slkosier, great trading. Are you using the 1 hour time frames? no I have not heard of that indicator.. What does it measure?

Simple 5 / 8 moving average crossover

I think continued dollar weakness, unless the carry trades unwind. USD/CAD might go down further is oil continues to rise.. The canadian economy looks in much better shape than the US at the moment.

Crazy week.

I either use the previous days low/high, a major swing low/high or a trend line support/resistance point. Whichever allows me to keep the risk down. I like johndoes idea of using the ATR.. I have never used this indicator, what is it actually ...

Simple 5 / 8 moving average crossover

great stuff.. always good to lock in pips

Simple 5 / 8 moving average crossover

Hard to really answer it. News trading is very different. There are so many ways to trade it. Some people have bloomberg terminals and do reallllly well beating the spikes.

news trading and technical which is the best

well my short did ok, +50 pips, the trailing stop activated. Certainly seems to be a lot of sellers around 2.0550.

Cable Update (GBPUSD)

Yes, the news is pound negative, so the pound may fall on the news. It's not a certainty though.

News trading help

If you are new, you will almost certainly lose your money. I wouldn't bother trading live for a while yet.

Forex micro Lot Traders

well, i'm short from 2.0547 and trailing it.. certainly stubborn resistance there

Cable Update (GBPUSD)

good plan, do the oposite of what most people do :-)

Cable Update (GBPUSD)

trading the news is hard. Some people use news services and try beat the spike. Bloomberg terminal is beleived to be the best, but it is very expensive. tradethenews.com is a much cheaper alternative. I tried a free trial myself, but more often than ...

how can one trade number in forex.

BGC are part of cantor fitzgerald arn't they? They are reallllly big with a lot of big institutional accounts. If this is the case, an IB might be better, because BGC themselves won't be geared to deal with retail clients.

Introducing brokers for www.bgcfx.com/

you guys sure risk a lot of your account. I don't usually risk more than 1% on a trade! Often only 0.5% if I am trading two pairs that are closely correlated

Cable Update (GBPUSD)

I am also watching NZD/USD. Could be a nice opportunity here. Good plan to lock in your pips. If you can just make a few pips each week, you will come out on top.

Simple 5 / 8 moving average crossover

Never had any problems with CMS. They are a lot bigger than many retail brokers now which is a plus. The only thing is the spreads are a bit higher than some brokers, but execution has always been good. I have never traded with them during the news ...

Risk Free Arbitrage with Spread Betting

interesting.. cable bounced at the upper trend line of my old triangle.

Cable Update (GBPUSD)

Nice pips! nice to see you doing so well!

Simple 5 / 8 moving average crossover

1 pip = 1000 yen on 1 lot. your profit on short will be 1m yen or -1m yen. at 225 it will be +1m. 1m/225=4444GBP at 245 it will be -1m. -1m/245=-4081GBP this would leave a profit regardless of which way price moved.

Risk Free Arbitrage with Spread Betting