Added short on GBPUSD @ 1.6855 after no rate interest hike was done by Carney's BOE . I had a protected buy stop @ 1.6865 which is also a pip above todays high and I do have a sell stop @ 1.6833 (1 pip below today's low) and sell stop @ 1.6820 ( 1 ...

Cable Update (GBPUSD)

exactly he bought bank of america , wells fargo all those stocks dead cheap . he was politicized for association with Fed/Obama Govt in making sure shot calls that time!

Only Gold!

I remember that too , Obama came on CNBC and said no need to panic when dowjones was at 8000 that point of time and said he is investing personally at this point in the hope of america's revival. After that Jim Cramer (booyah) Mad Money Show guy was ...

Only Gold!

Any new trader should take caution and protect his account especially on trading gold its such a beasty pair have seen days where it moved 130usd in 1min during US Session . Don't get carried way by clocktrader way of working, its his style & ...

Only Gold!

Awesome Binnie and ellell , nice green pips for AUD disappointed data. keep going today we have GBP High Impact +EUR ECB Rates + USD Unemployment claims lets follow rules pips will follow great if there is a significant move!

How to trade NFP/FOMC and make pips

Ronnie, if your platform has USDIndex symbol chart, there is better way to do this if you are concerned on filling the pending order position. P.M Me for more. cheers Scoobi

How to trade NFP/FOMC and make pips

VinFx, LMAX FSA Regulated Alpari Pro Pepperstone Razor ECN/Axitrader Exness ECN and others can add some good ecn brokers too

How to trade NFP/FOMC and make pips

Some pending orders didnt close as in your screenshot using the trailstop EA which I have posted, owing to fast markets may be . Please delete them manually if you see some pending orders remain after setting ProfitTarget parameter in trailstop EA ...

How to trade NFP/FOMC and make pips

Good job elleell , keep practicing in demo till you get comfortable. There are some high impact news which really moves big and we get our share of profits $$ , some times it won't move much or whipsaw a bit. You should be ready to face different ...

How to trade NFP/FOMC and make pips

Thanks Ronnie for taking time to analyze. To be fair enough if you are on top notch ECN broker whom you trust, filling up the pending order would be the last thing to worry if you are on standard account instead of STP/ECN account it ofcourse ...

How to trade NFP/FOMC and make pips

Bofa ML asking to stay patient on GBP and Gold shorts Vs USD : They want to short GBP closed to 1.70 as per the post, what do you guys read? url

Cable Update (GBPUSD)

right its stuck 1280-1336 range for too long, if USD Index cools of a bit down, we can see gold gaining some momentum to strike down 1336 strong resistance!

Only Gold!

Lets call yday low of 1282.24 as next intermittent support as long as we are not re-visiting that & trade above 1298 bias can remain bullish. Under 1298 again clout of selling can come

Only Gold!

with geo political tension , generally yellow metal gold gets some demand isn't it. May be am wrong

Only Gold!

hello Nico, How u doing today, we have two heavy weight NZD data lined up today. geared up for trading it?

How to trade NFP/FOMC and make pips

Naokia, we have 2x times pending orders placed in the opposite direction for all the open orders to protect.

How to trade NFP/FOMC and make pips

If you have an ecn a/c, spreads should be decent. ofcourse slippage will be there if you start placing market and pending orders at news time , thats why we stay ahead by placing 7min prior.

How to trade NFP/FOMC and make pips

setup investor password for your live a/c and create trade explorer lorix it should work!

Only Gold!

Lorix, If you see technical analysis of NZD on daily chart it reads Strong sell, almost all indics they use point to SELL url I have noticed many a times this is the time generally it exactly does the opposite and moves UP to squeeze short sellers ...

Only Gold!