Well, my view is that since a top has formed intraday around 2475 and a bottom formed around 2415, so we should be seeing swings around those bottom and top tomorrow. If we take out 2415 first (Go below slightly), then the rest of the day will ...

Cable Update (GBPUSD)

Noted, I was just referring to the short term USD strength, rather a short lived one, maybe a week or 2 max.

Cable Update (GBPUSD)

IMO, 1.2549 is way too stretched for a target to an upward move. I think it will be rejected & sold before that level.

Cable Update (GBPUSD)

You are right, you don't hit the same stops level again and maintain the same direction, looks like NY is having some heavy selling today, partly inline with Dollar strength shown yesterday.

Cable Update (GBPUSD)

Not really, well done, will check them after the market is done today. Still bullish for the day?

Cable Update (GBPUSD)

Well, it happened that I was watching Cable in the last couple of days and just wanted to check on what people here were saying. I am an old member here, used to be active back in the days, but not anymore, focusing on trading & my current job, so ...

Cable Update (GBPUSD)

Potentially, yes, nice stop hunt below 2425

Cable Update (GBPUSD)

I don't know if you have noticed the patterns during this week which just ended. USDJPY, almost everyday, rally during Tokyo, London is either up or flat, NY is sell like hell and new lows. Only exception to this pattern was today, where there was ...

USD/JPY Discussion

Indeed, it's even less than cents to the market. I am referring to clustered buy orders around 109.60 to 110.00 (Not open positions). Of course open orders can change as well as open positions can and do change dynamically. What I was referring to ...

USD/JPY Discussion

You are more than welcome, don't mention.

USD/JPY Discussion

Oanda.

USD/JPY Discussion

Yeah, I would say down we go from here, at least to 0.9770-0.9800.

USD/CHF

Well, I tried a long at 112.70, but got out with my small loss at 112.35. On Tuesday, I got the illusion during London session that it had already bottomed out and staging a rally for above 113, hell I was wrong. Now, it's really amazing to see how ...

USD/JPY Discussion

Anyone today noticed the stop sell orders hunt which happened in Gold? Was mainly between 1,242.50 and 1,244, the one that happened around 11:00 to 11:30 EST. Interesting to know if anyone here who was having a long gold position got stopped out ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

What do you mean the initial spread will cost something? It's a future spread (Not an options one), so the only thing is margin tied up against the spread trade and usually it's much lower than the margin for the outright future contract alone.

Lumber Future Term Structure

Easy Diana, nothing moves up or down in a straight line.

USD/JPY Discussion

I would say USD/JPY is a short term long from this area (112.70-112.80). I am long myself. In a couple of trading sessions (Probably 6-7, i.e. by mid next week), it should target 116. Best to all..

USD/JPY Discussion

Based on the contango term structure you mentioned for VX Futures, you ideally would short F1 and long F2, thus creating a future spread trade. So how is this possible to be profitable? The spread itself will trend in your direction, so long the ...

Lumber Future Term Structure

Sabb, there is indeed a contango/backwardation yield which can be captured using future spreads. In a contango term structure, future spreads trend upwards (F1-F2) trends upwards, so you short the first month and long the second month and capture a ...

Lumber Future Term Structure