yep.. I love the carry unwinds.. lots of opportunities to go short.

Cable Update (GBPUSD)

I notice during big dow sells, its usually bad for GBP/USD

Cable Update (GBPUSD)

ah thanks, not heard of it before.

GAIN Capital

I see it... About time huh?

Cable Update (GBPUSD)

what is NinjaTradeR?

GAIN Capital

Great stuff.. its good to hear you doing well with this strategy :-)

Simple 5 / 8 moving average crossover

aye, its a rip off... but the actual petrol is only 1/4 of the cost.. the rest is tax

Cable Update (GBPUSD)

no problem, let us know how it goes

Risk Free Arbitrage with Spread Betting

does not look likely to break the 2.0455 trend line resistance today

Cable Update (GBPUSD)

Yes, I am doing this. Only for 6 months. I have made about 13% or so in that time on the arbitrage alone. I also use a swap free broker to cover the short side, so I earn the positive swap as well.

Risk Free Arbitrage with Spread Betting

yeah.. cityindex dont charge to rollover

Risk Free Arbitrage with Spread Betting

I think eur/usd and gbpusd are similar in terms of volatility. but gbp/usd moves more pips, but the percentage movements are very similar usually.

Currency pairs comparison.

out of interest, what made you go short there?

Cable Update (GBPUSD)

May be resistance at 2.0455 ish, Thats the triangle trend line area I posted on friday.

Cable Update (GBPUSD)

I trade GBP/USD and many of the crosses. I love GBP/JPY.

Highest Pip value

Are you asking how they let you use pounds instead of dollars for pip values for a GBP/USD position? If so, they are basically a bookmaker, so they only earn on your losses.

Risk Free Arbitrage with Spread Betting

Thanks for your comments.. You hit the nail on the head.. spread betting firms aim to empty your account into theirs as quick as possible. However, the strategy does work, It doesn't really matter to you if the spread bet side wins or loses as the ...

Risk Free Arbitrage with Spread Betting

yep to these 3 points. It's not restricted to UK only. I have a friend in Singapore who has tried the strategy.

Risk Free Arbitrage with Spread Betting

You need to look at your position sizes. 1 pip is not always equal as a percentage movement. 1 pip on GBP/JPY is around half in terms of a percentage movement than that of USD/JPY. So it may be wise to chose your position sizes and equity risked ...

Why I can't win

It sounds like u need to work on your strategy before trading. You need a set of rules that you can stick to. This way your rules will tell you what you should do in this kinda situation.

Thoughts on USD/CHF for this week?