I get the feeling that there is a fair bit of support at 1.90. I was actually waiting to pounce on a breakout of 1.92, now its back in the range though.

james16 Chart Thread

I thought I'd ask a question, mainly for my benefit, but also for the benefit of anyone stopping by the thread in need of some extra help. My question is a general one about managing a trade once you are in, in particular, this idea of moving your ...

james16 Chart Thread

Also looking for some PA on AUD/USD for a buy if it presents itself (not sure I'd sell a break of 0.7960) - looks like a small daily pin may be forming at a significant level.

james16 Chart Thread

Hi everyone I'm sort of new - last time I properly looked in to this thread was over 5 years ago when I was thinking about starting to trade. After waiting a little bit , I have now set up to start trading small, and I'm planning on learning via ...

james16 Chart Thread

Train wreck ? No. I might be a bit kooky for tuning in though Its the honesty and the down to earthness that I like. Even if other threads contain a high degree of truthfulness, there is so much ego that it can be off-putting. Although ...

go live or bust ... diary of an fx live-trader-wannabe

Just saying hi ... — Been following this thread for about a year now direct to my email, even during a massive self imposed lull in my trading (about 4 months). Like the down to earth approach. Anyway, well done on the week - hope you have a ...

go live or bust ... diary of an fx live-trader-wannabe

An obvious afterthought — The real "indicator" for the 3 pairs you traded is just the price of the EUR/GBP contract, which shows that GBP/USD and EUR/USD are not now extremely well correlated (compared to say the period prior to mid 2007). I ...

Hedge Trading Indicator

Without spending much time thinking about it ... — ... I don't think so, unfortunately. At least not from the point of view of pure arbitrage. I used to be an energy trader in the UK - and arbitrage was my bread and butter, giving me steady ...

Hedge Trading Indicator

Hmmm ?? — Hi N&L It is a bit of a paradox this. Overall, I guess the reason you would or would not want to adjust amounts throughout the course of the trade depends on what you are trying to achieve in the first place. I suppose the simplest ...

Hedge Trading Indicator

Can you clarify a few things please ... — Hi I watch EUR/GBP like a hawk (and trade it occasionally !). What reason would you have to enter the trade the way round you did ? I.E you could have equally bought EUR/GBP and GBP/USD and sold ...

Hedge Trading Indicator

Rumours — on Ransquawk that NFP figures reported an error. Same source (Ransquawk) just reported that rumour is bs.

EURUSD

I'm not a nasty guy but ... — ... please jibleanu, it only seems right to keep your comments to your thread unless they are MUCH more constructive than the calls you are barking out like a mad dog. Everyone (well, me at least) has been on ...

Cable Update (GBPUSD)

Not forgetting technicals, anyone else wondering how some of the other factors might weigh on GBP/USD over the next few days ? FTSE hasn't exactly excited today, along with IMF report out to say that UK economic recovery will be "subdued", EUR/USD ...

Cable Update (GBPUSD)

apologies 4CFX - I see it now (the early releases). Does that happen often or it very unusual to have releases shifted forward - you have to really be on the ball eh.

Cable Update (GBPUSD)

WTF — chop chop chop - any clues about other news or was the guy about the jobs numbers dicking around.

Cable Update (GBPUSD)

Thanks for the replies - I appreciate them very much. Apart from a few good nuggets of wisdom which have provided food for thought, just asking the question was helpful. I know what I have to do. Thanks again Andrew

Where do I start with my fx education?

Cheers - I did keep short position and it had broke by the time I'd finished typing. When you say trail one hour bar high do you mean at 13400 i.e. the last complete hourly bar ? Thanks

EURUSD

Also — Just noticed crude has lost all of its days gains and is down, as well as stocks. Surely we can get back to the pivot (another error on my part - wishful thinking).

EURUSD

You beat me to it ;;; — ATLAST - that was what just occurred to me - do you think we'll see R1 @ 13376 break. MACD on 30 mins is just about to cross. I'm short from higher up but only because of doubling up to recover losses (I know that ...

EURUSD