That's a good entry at least for today,expect between 80 -100 pips very likely.No clear direction for big moves yet so for now,i think scalping and day trading is the best.

EURUSD

WHAT A TRADE!!!!!!!!!!

EURUSD

Lucky you.That was a risky move and could have gone against you,it was a bit premature cos no clear direction for the pair yet.

Cable Update (GBPUSD)

What is that,.I think the market is now ranging between 1.6125-1.6010.A break to any side will likely determine the immediate direction tomorrow.

Cable Update (GBPUSD)

I feel that a minor correction should take place but likely to be limited at around 1.6040-1.6010 and then p/a will likely move back to the upside,at least for the rest of today.

Cable Update (GBPUSD)

Monthly p/p is 1.6160.

Cable Update (GBPUSD)

Hello Sir,please how is FXDD's services,intends putting part of my money with them.I have actually been going through their web-site but not decided yet. Regards.

Cable Update (GBPUSD)

I am with you on this.I think the wise thing to do at this face is just watch and see what the pair intends to do.I do not recommend any position at this face though uptrend likely.I think we should just sit and watch the unfolding drama.

Cable Update (GBPUSD)

I disagree with you,as far as i am concern,the pair is undecided,could go either way.1.6050 is not ready to let go and if it finally succeeds,1.6120 will not be strong enough to hold the pair but 1.6160 is a possibility but not very reliable.This is ...

Cable Update (GBPUSD)

Not so fast bro,caution is still required.

Cable Update (GBPUSD)

Likely that 1.6050 would be rendered useless and if that happens 1.6120 is just a minor correction level.You may find solace at about 1.6160 for a possible retracement which is not absolute but if it does retraces it is likely going to be massive.In ...

Cable Update (GBPUSD)

Hi,i hear alot about dragon on this forum,please does it refer to a particular pair or yen related pairs? Please explain Tanx

Cable Update (GBPUSD)

I am with you on that although p/a seems really terrible and require lots of caution and money management for short tf trades but i see it going further south and a little up move will just be ok.

Cable Update (GBPUSD)

Are you saying it might retrace before that level?

Cable Update (GBPUSD)

Except if scalping for just 10/20 pips,I think P.A may move up towards 1.6000/20 area before a good move down could be noticed.At least 50pips or more for short or medium time frame.

EURUSD

That was a neat,decent easy to understand analysis.What are the parameters used?

Cable Update (GBPUSD)

That's right,those who have ears let them hear.

Cable Update (GBPUSD)

It baffles me as well,perhaps siobi is using a long time frame.

EURUSD

I agree with you but i still feel that the pair will likely it 1.4820-1.4760 support level before any further up move.It also seems that the dollar is weak against majors.

Cable Update (GBPUSD)

Account size do not matter — There are quite a number of brokers who allow micro accounts apart from oanda,i mean 1pip/10 cents only.I am personally not comfortable with oanda cos they do not have meta4 platform which is quite easy to operate.

EURUSD