Indeed money mangement and discipline are key!

USDCAD trend reversal?

Ive given up as well 4 hour and daily charts now for me. However its not as exciting as doing some good scalping. Thats maybe one of my problems I had was trading for excitement as well as for cash.

Cable Update (GBPUSD)

Exactly right 2.0300 is what im looking for as well, break of this will add weight to my shorts

Cable Update (GBPUSD)

As I say guys this is a Potential short entry. The way I am trading this method is experimental at present I honestly havent lost a trade with it. However its only been 2 weeks lol. Money management is key. Once price moves enough my way I set my ...

Cable Update (GBPUSD)

Sure, let me explain a bit Top circle is of a divergence bar, or like a pin/tail bar. Also at top of bollinger band 2nd circle is cross on 4 hour system very similar to fozzy rules (slightly adjusted values) I have slightly jumped the gun a bit here ...

Cable Update (GBPUSD)

Ive been looking at my 4 hour chart and according to my trading rules believe will move South. Price action has also started moving South on the 4 hour chart I am short @ 1.0555, the next 2 two 4 hour bars are important to confirm my view Asian ...

USDCAD trend reversal?

Finally after a long time riding this up move I have an entry on my 4 hour chart to go short on cable and Euro. I also have a long entry on USD/CHF. Price at 2.0338. Be interesting to see how the next two 4 hour bars turn out. Ideally a break below ...

Cable Update (GBPUSD)

Everyone on this forum has now joined the bull camp it seems. Excellent time to short then?

Cable Update (GBPUSD)

This post made me laugh, go hedging go...

EURUSD

Pretty amazing day for the Euro!

EURUSD

$ being whacked across the board expect for USD/CAD?

USDCAD trend reversal?

Ive gone short at 1.3650, stop loss just above the last previous high on 5th July. I believe Euro has risen to fast and we will see a move down. USD/CHF also showing early signs of reversing direction.

EURUSD

I think the price is $3900

VantagePoint discussion thread

I dont think the housing problem will be as bad as the US but in the coming months this may cause a drag on UK economy. The only good thing in UK is that there is large demand for the need of new homes that is not being met. Further interest rate ...

Cable Update (GBPUSD)

In the news today homebuilding companies in UK are being hit hard by the interest rate announcement. Wimpy, redrow have revised amount of new homes to be built down. Check out the performance today of these companies and they have had 4-10% wiped ...

Cable Update (GBPUSD)

People mentioning the UK PPI report today are correct in saying that we should have seen a move down in cable. Today however there has been alot of selling the $ across the board which may account for cables rise. I believe techincals have been GBP ...

Cable Update (GBPUSD)

turning bullish again?

Cable Update (GBPUSD)

It will be interesting to read the full statment as to why they raised rates. On CNBC they are saying BOE still worried about inflation

Cable Update (GBPUSD)

up to 5.75% edit lol oandas spread was 20 now its 15

Cable Update (GBPUSD)

It would be funny after announcement if cable stayed in a 30 pip range

Cable Update (GBPUSD)