yeah.. I looked at GILT future, the seem to suggest the market is pricing in a cut sometime early next year

Cable Update (GBPUSD)

Does anyone think BOE will cut like the fed? Personally I dont.. maybe in a few months if inflation stays below target.. Though Mervyn King has shocked the market in the past

Cable Update (GBPUSD)

Yes, it turned out to be the case... I have noticed so often.. When resistance breaks, there is usually a retracement then a follow through afterwards.. buying the retracement seems to be a fairly consistant trade... Did anyone else trade this?

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

hi.. I'm sure there was a almost identical thread start a few days ago on this topic... NZD/TRY is a great hedge.. Historically it has even providing a good hedge for the major unwinds like in July 2007. You would essentially be creating a NZD/TRY ...

TRY/JPY + $40 a day in interest

its possible.. it just broke mondays high then retraced.. Could be a good entry if there is going to be a follow through..

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

Very low I would say.. The december short GILT futures are around 9400.. suggesting the market thinks rates will rates stay around where they are now, with a small chance of a rise before december. Short GILT prices are usually a bit lower than the ...

October 4, 2007 - UK Rate Decision

Looks like a nice flag pattern to me.. suggesting consolidation then the resume of the uptrend.. what do u think ?

Cable Update (GBPUSD)

I used to love this site.. but it doesn't update anymore Seems like it may be gone forever. As for helpful tools... I have to say forexfactory.com and various other fx forums.. MT4 is nice for backtesting if thats what you want to do

Favorite FX Tools

Yes.. it certainly could be due some sort of correction, it does seem very overbought.. The pair gave some of the gains back today.. need to be patient and see if just a small retracement or a more substantial one over the coming days and wait for ...

Simple 5 / 8 moving average crossover

+0.5% I have only made one trade far

Cable Update (GBPUSD)

what is the average house price there?

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

too many Americans getting their homes repossessed and cant afford new cars!

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

bummer.. always better to stay out than get in too late and chase things.. there will be new opportunities.

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

Out of interest what jurisdiction is oanda under?

Considering the new Net Capital Requirements Legislation when opening an account

Hmmm... I thought about your strategy. The problem with that 1:1 or worse risk/reward ratio on targetting 20 pips means when you factor the broker spread into the equation (especially if its gbp/usd) you are going to have to win well over 50% of ...

Any Comment??

might be too late now.. you might end up chasing the market

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

I started with one.. I found I had so much to take in at first, it was all I could cope with... I chose gbp/usd as my native currency is the pound.. So I had a basic idea of the british fundamentals... Good luck with your trading :-)

as a new trader.........

The NFP often moves GBP/JPY.. I have known it move 200 in a very short time frame.

Consistent Market-Moving News for the GBP/JPY

Can I make a suggestion? You do not sound ready to trade live yet. If your starting with 500 quid.. you will need microlots (0.01 lot) as 0.10 lot (a mini lot) would be using too much leverage. From what you have said you may be better practicing ...

£500 pound, money managment..

I agree with that.. I decided on a trailing stop yesterday... it did hit, and i may miss the move if it shoots up now.. but at least I made nice pips... dont need every pips.. good luck with your trade.

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