To be honest - I have left this pair lone for some time now. I think that the real levels to watch are 1.3150 and 1.27 - everything else is minor. But with the reaction today to the news conference, I would be selling if I had to be involved at all. ...

Silent Service Method

Ironically, yes. This would be because of the recession the US would suddenly find itself in......people would run to the Treasury markets. Odd really if you think about it - but its what happens in times like this.

Silent Service Method

I currently see two possibilities: We fall - and this would be with the longer-term trend, but I would give it a bit of room. I am looking to short it on a daily close below the 0.9875 level. However, if we manage to get over the 1.0050 level - say ...

Silent Service Method

So....went long the ZAR/JPY this morning on a breakout of sorts - this will be interesting.....I am now a "carry trader" I guess???

Silent Service Method

I too think that we are in a range between 1.02 and 1.06, but there is a minor area at 1.04 as well. Overall though, I think there is a bit of an upward bias. I don't necessarily think we are going to breakout in December though. If we do - it would ...

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Thanks for the note forexgogo.......and welcome. I like the look of your chart. It is simple, clean, easy to understand - and also points out an obvious spot to look for long set ups. Well done. Chris

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True......futures markets aren't bad......but this will be a barrier to some traders. Having said that - I think I will be with Oanda soon. Maybe IBFX again, but they are now owned by TradeStation I think.....and I am not sure how they have been ...

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What the hell? I woke up this morning to an email that says GFT is putting my account in "close only status." It also said that they are no longer taking US clients, and that I would be transferred to one of their "valued partners" soon. I know they ...

Silent Service Method

A monster move is 800 pips......not 50. Besides, this isn't for a rush, which sounds like what you are looking for in my opinion.

Silent Service Method

Trading off the news is an almost impossible art. The computerized programs now are able to see or hear a particular word in a statement and react. By the time you have pressed the button - its too late. I would highly recommend avoiding news ...

Silent Service Method

It's been pretty amazing to be honest.....but then again - the whole thing (markets) seem to be a mess at this point. However, I have been cleaning up on the NADEX......

Silent Service Method

Actually, you can base an entire career off of it if you think about it. After all, half of the equation in the major pairs is the USD. So what I will do sometimes is look at the "set up" in the DXY, and place spot trades as a result. If it looks ...

Silent Service Method

I found the EUR/USD interesting at the close. I think we have a "brick wall" at 1.3050, and the outside candle (albeit barely) suggests that we are about to start falling again - certainly have had a sharp enough bounce in order to justify a ...

Silent Service Method

It is certainly easier to learn trading on the higher time frames. There are some who do quite well on short term charts, but very few of them learned on them. It is all about understanding how a market moves, i.e. support, resistance, and other ...

Silent Service Method

Today is one of the best days of the year...... url

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Love this song.....always liked The Specials as well..

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With the total lack of liquidity in America today - you guys should be flat in my humble opinion....... For those of you that are outside the USA, most people will take the day after Thanksgiving off as well, making it an extended weekend. In fact, ...

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Nicely put Roque!

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Well said.....

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After reading a few things on the "new section" here on the site, I feel that I should probably post this thought yet again. It does make sense that I should at this point time, when you think about it. There are plenty of people who will have ...

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