This is scary. FXopen is scary. Someone from fxopen should come on this thread and answer the criticism.

FXOpen changed my leverage

Long on aud/usd. I am long on both gbp/usd and eur/usd as well.

AUD/USD

I am long GBP/USD- swing /position trading. I dont do intraday trading, so i will hold the long for 1-2 days to see how it is going. 60% fib retracement (last week) will give us 1.56 +, but i think this will be a full retracement from jan 19 high ...

Cable Update (GBPUSD)

Peter, you should apologise to malcomb. Malcomb is one of the greatest traders at FF. We have lot of respect and appreciation for Malcomb trading skills and analysis.

EURUSD

Thanks Shahab for a wonderful reply. I appreciate your time. I have read your first post and currently reading more about COT index. It looks to me COT index is an another leading indicator which can be added to a trading system.

Weekly COT report Analysis + Trade Ideas

COT report goes from 0 to 8. It indicates extreme bearishness is now turning into bullishness.

AUD/USD

Thanks Patience. Can we also say: Lets say G/U is rising in the next few days/weeks and if we see COT report says net short increasing in GBP, then are Large traders are building short positions in the rising market for a fall later on?

Weekly COT report Analysis + Trade Ideas

Hi Shahab, Since you are a COT report expert , i want to ask you: I am also thinking G/U should head higher based on fibs,monthly pivots, candlestick pattern. But if it wants to head higher, then why are large traders increasing their shorts? Does ...

Weekly COT report Analysis + Trade Ideas

Lot of appreciation for malcomb 14 in GBP/USD thread. When GBP/USD was 1.64 last month on jan 19, he predicted 1.53 in next few weeks. My analysis also agree with malcomb 14 that we are heading to 1.40 area in next few weeks.

EURUSD

Malcomb 14 is a great analyser and a great trader. Just few hours ago on eur/usd thread, he is prediction eur/usd will hit 1.40. His analysis is based on rising volume, doji weekly candles, fibs and the fact big guys are dumping their ...

Cable Update (GBPUSD)

Good possiblity you will get pips. The power of USD bearishness will push aud/usd, gbp/usd and eur/usd to higher high. Long on all three !!

AUD/USD

It is richard dennis view- Turtle Trader. These views are expressed in the book- Trend Following: How Great Traders Make Millions in Up or Down Markets Everyone has its own review and i respect your views.

EURUSD

I will not short AUD/USD !! Long on AUD/USD. The reason is simple: AUD/USD is positively correlated with eur/usd. Bears have got a firm grip on us dollar, so eur/usd will rise. AUD/USD and GBP/USD will also rise. AUD/USD heading to 0.9163- monthly R ...

AUD/USD

I agree. On a weekly basis, those could be the points where sell orders will come. On a daily TF charts, i am expecting a retracement from jan 19 high to feb 19 low. 60% of retracement of 1100 pips move means around 650 pips, so on a longer TF i am ...

Weekly COT report Analysis + Trade Ideas

Hi Jason, FXCM is a great broker. I am using it for last few months and i am impressed. But i have one query: Today is saturday and during weekends, i am not allowed to place a pending order. Why is it so? FXCM should allow me to place pending ...

FXCM Discussion

Hi Ctic, Great trades you take based on fib analysis. I trade daily charts using candlestick, monthly pivot and fib and i was of the opinion that we are due for a retracement on GBP/USD from jan 19 high to feb 19 low. Point A- 1.6460 ...

The Boardroom

It is a hammer on GBP/USD on friday !! We are starting a Fib retracement !! Point A- 1.6460 Point B- 1.5347 After Fib retracement, we will have point C and then using fib projection, we will start fresh selling. But at the moment, long long long !!

Cable Update (GBPUSD)

Spinning top on USD/JPY on friday !! Hammer on GBP/USD on friday !!

Daily candle chart

Yesterday there is a spinning top candle. We have completed 61.8% (close to 78 zone) retracement from 93.77 to 88.55. I am more inclined towards shorting USD/JPY.

USD/JPY Discussion

Good news. On friday, GBD/USD showed a hammer ! 1.55 is coming. I will be back after doing fib analysis. It looks to me we will now have a fib retrace from 1.64 to 1.53.

Weekly COT report Analysis + Trade Ideas