who do you use for trading? The smallest spread bets that can be placed on FX are usually 50p after the introductory offer (usually 10p per point). this means you need 5k to adhere to 1% if you are trading with 100 pip s/l

Cable Update (GBPUSD)

i did something today that i never thought i would do on a real account especially with a large lot size...i took a punt and lost half of this years profits :-(. 3 months of hard work down the drain. Anyway i must look on the bright side although im ...

Cable Update (GBPUSD)

me too . i only trend trade dailies so i have no real way to avoid news, i kinda have to place my stop near a good resistance level but not too far away to cause pain if i get stopped out. its difficult but im learning, im hoping this move makes ...

Cable Update (GBPUSD)

Paulson bastard nearly took out my stop. if the bias is down why would something like this make the market move so much when it surely wont be enough to change the direction of the downward trend in the pound?

Cable Update (GBPUSD)

sniff sniff...i smell an upward breakout. Hey can you explain why leverage is not your friend please?

EURUSD

bah interesting. I wish i could read stuff like that, understand its place in influencing the market and make trading decisions...but i cant :'(

Cable Update (GBPUSD)

that high was a great chance to short the pound at a dip - I couldnt as it was too fast. I am still a bear! is anyone else?

Cable Update (GBPUSD)

hey you sound like your from the UK, do you trade with IG?

Cable Update (GBPUSD)

i think it will only go to max to 1.9840 today based on a fib extension of the week. what a massive drop yay!

Cable Update (GBPUSD)

agreed! stay steadfast in your opinion. i was placing shorts tops from last week but started to doubt myself when several were hit and went in the opposite direction. i nearly closed out thinking i was wrong but luckily i didnt. what is further ...

Cable Update (GBPUSD)

maybe not much uptrend left but theres a good 100 pips in it. Fib the last week and a realistic target of 1.54 appears - probably inline with your line of resistance?

EURUSD

bet ya 5416 before 5144

EURUSD

Has anyone seen anything like this before on EUR/USD. this trend just keeps on going and going with little retracement.

EURUSD

Yipee it hit, now for a tight stop and trail just in case it goes further

EURUSD

good call on the pound with preparing shorts however i think cable is bearish already, i would start shorting today regardless of news. the price action is showing me shorts for longterm gain. im shorting USD/JPY on dailies also

EURUSD

Its very difficult to watch price whilst at work but i do think im getting there. using fib does help with projection as it does seem to be a very well used tool, however my trailing stop keeps me out of trouble if the fib level i THINK is going ...

EURUSD

...very coooool SNAP! I didnt even register that when i saw the screenshot. I did have my fib line in before i saw your chart though

EURUSD

i think im going to close all longs at 5174 aroundthe end of fib 38.2 (22/01/08 - 01/02/08 daily) extension. i think there maybe some retracement there which will allow me to buy into the trend at dips...i think

EURUSD

which timeframe are you trading? im trading dailies so there is no way i am shorting it. Although there will be a small retrace which is obvious the trend is up and this is just the beginning of a much stronger push upward from what i can currently ...

EURUSD

- this is good stuff. Even if you dont agree with everything its still worth considering his comments

EURUSD