Bullrock, it is interesting you say that. I often read here people wanting to trade against the trend, be it hourly, daily whatever, many people seem to want to find the top and bottom of a trend (which is often futile) rather than just buck the ...

Cable Update (GBPUSD)

sounds good.. I have just downloaded an oanda demo.. I will give it a try next week

Simple 5 / 8 moving average crossover

sounds very interesting.. I have not tried it on the 5 minute charts.. only daily.. I imagine u would do a lot of trades if u do the 5 min charts.. Where would u set your stops and tp ? Sounds like oanda has really good spreads.. I have never used ...

Simple 5 / 8 moving average crossover

We can see who wheres the trousers in your house

Cable Update (GBPUSD)

yep.. I agree.. shorting without confirmation just gives you casino odds.. you want the odds in your favour

Auslanco - GBP/JPY and GBP/USD (newstrade)

Very true :-)

How can l determine the real trend on a longer time frame

Is V4X hamilton williams? I used to have an account with them.

Proposed NFA Capital Requirement

Maybe.. but it would be against the trend.. I like to go with the trend.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good plan.. its a very bad idea to do what the majority do!

Dollar up or down today

Maybe we see a few mergers before the deadline if some can't make the requirements.. seems there are a few that would have to increase by 4x.

Proposed NFA Capital Requirement

Seems dollar gains from the nfp were quickly given back and additional pound strength by the close.. Seems like nothing can stop this trend at the moment..

Cable Update (GBPUSD)

I had a short that got stopped out this time.. -30 pips.. 0.5% of equity.. Going to look for good setups next week.

Simple 5 / 8 moving average crossover

Yes.. that is one reason i made the same move.. I don't trade to make the brokers rich :-) Also i find trends are much more stable on the bigger time frames.. one small news release doesn't screw your trade..

Cable Update (GBPUSD)

yeah.. much stronger the the market was expecting with the upward revision

Cable Update (GBPUSD)

Ouch.. Their way of telling you they dont want you to trade at that time..

Cable Update (GBPUSD)

Do they do these big revisions on purpose to manipulate the market.. or can they not count ? It seems there must be some agenda

Cable Update (GBPUSD)

nevermind.. stopped at b/e...

Cable Update (GBPUSD)

I shorted at 2.0349.. stop is b/e. Could be more to the downside to come.. we'll soon see.

Cable Update (GBPUSD)

Huge upward revision... watch the dollar go! :-) but yes.. I dont think its going to affect the long term trend too much..

Dollar up or down today

huge upward revision woah...

Cable Update (GBPUSD)