Nice call on the long breakout malcolmb. Maybe we'll have a gap over a gap after this weekend

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

From what I gather it's counter trend trading, if the market is moving up, sell, if the market is moving down, then buy -5000 pips and counting in the recent bear run

Why Indicators will fail you

You made money the whole time slapping your 20 pip longs in a bear market Sure, I'll scalp my 10 pips in a 10-15 pip ranging market before NFP, if I'm not fishing that is. I'll also take take the 2000 from EU, 1200 from cable, 1500 ...

Why Indicators will fail you

For the outside bar (which I did not trade myself), I would have exited after the pinbar formed 3 days later as it was right on monthly support. The reason I did not trade this is because the monthly support TL was very close below it and the ...

james16 Chart Thread

Taking profit and adjusting stops is discretionary. Some use previous lows/highs to adjust the stop, others may use risk:reward or price action, others may trail the stop. I personally take anywhere from 1/2 to 2/3's of the trade off the table at ...

james16 Chart Thread

Seriously, we should try it one day. We'll call it concerted FF intervention

Admit it - your profits are based on luck

I'd say a proportion is luck, depending on how good your system or "edge" is. 50% chance of picking the direction out of thin air (up or down). 50% is then up to lady luck. The best system or "edge" may give you a 99.9% chance of getting it right, ...

Admit it - your profits are based on luck

Steelo tried this with a number of pairs that moved thousands of pips in the opposite direction EU, he called up all the way down to 1.40. Aussie he called up from 95. Cable he was calling up throughout its entire move down. AJ, same ...

Why Indicators will fail you

How do you take advantage of the arbitrage bundy?

EURUSD

FxPro is a shocker. I have seen variances in prices up to 30 pips. Dodgy buggers. Currently 10 pips difference between OANDA and FxPro ASK on EU

EURUSD

Here's one of them ak. If your broker's price does not equate (i.e. difference of a few pips), it's because they are not quoting the correct interbank prices.

EURUSD

Short on gold from 859 This MF is one crazy horse

EURUSD

At fxpro, 1 full lot of gold = 100 units. 1 unit = 1 ounce. url

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

FxPro's minimum trade size is a mini lot for gold. OANDA lets you trade 1 unit of gold - 1 cent per pip.

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

This should help the EU daily pin. Bad news for the weekly one.

james16 Chart Thread

FxPro and OANDA

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

So does this one

EURUSD

Yes, she's fun to trade. Gold is the almighty crazy horse. Makes GJ look like a puppy dog. Check the daily pinbar from yesterday

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

Falling wedge on UJ just broke. Nice 100 pips for anyone who caught it

EURUSD