estimate =78k =4.6% got in early this morning at 1.3062 on a long eur/usd... yes against the trend, but the downside risk is small

NFP report

I am going to be harsh with you, because first of all you dont know how to trade, nor do you have a trading strategy that works for you else you would not keep changing it, and in doing so you cannot regulate and fine tune what you already know, ...

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

merlin/bk I heard on bloomberg ages ago the non farm numbers are seasonally adjusted, so dont expect any reaction to blockbuster numbers without confirmation of revisions. Though the Adp is fairly new and not so accurate it has at least given an ...

Adp -40k?

it happens often, daily, but depends upon position in relation to fibos, and time of news release, as i am not trading this week, only popped in to have a look cannot throw anything more precise than a guess

Whats with Cable

any options barriers or expiry's around, and has anyone got a good options expiry calender? happy new year all!

Whats with Cable

Hi i am sorry i dont have a solution, but if you can publish the website address here, then perhaps no one else will suffer. and if i can just add, one simple rule, you cannot make a fast buck on the forex, its not a get rich quick scheme, and ...

I may have been dooped

nice surprise for me this morning, managed to get my trade in at a very respectable 1.3170, did expect that, i am using very tight stopss today though, something about a report on currency fixing by china, me thinks, oh well whatever helps turn a ...

my trading plan for week beginning 17/12/06

1st trade pretty good - see my trade plan — well thats the first trade, got in slightly earlier at 1.3050, set my stop at 1.3100 once the eur/usd passed that mark, this was triggered quicker than i thought, oh well 50 pips aint bad. i have an ...

my trading plan for week beginning 17/12/06

its not the number this time, its the contents of the statement, if its hawkish the the eur/usd will start heading down, if not then we will see new highs over the coming week. My prediction is for a hawkish statement, and certainly no signal for a ...

FOMC Interest Rate Statement

50 pips profit long, i predicted a whipsaw, and revisions

Trading the NFP this friday

one other interesting point is that gordon brown announced another 1.25p on the price of fuel yesterday which came into effect at midnight last night, though small with the $30 drop in the price of oil has had little or no effect on the cost of fuel ...

GBPUSD

and also help the ford etc, .... if they go bust, what ya going to with detroit, sell it to disney land?

GBPUSD

technically your spot on, but i dont expect to see any reversals this week Maybe after the non farms about 5.00 oclock gmt on friday will certainly look to go short! watch out for the fade everyones expecting 2.00 for cable, but have thought very ...

GBPUSD

hey cable I think you could be spot on with that scenario, one cable is being kept at a low enough level for the boe to raise rates, and i read somewhere that brokers are protecting themselves against a rise above 1.9750 by the end of non farms, ...

GBPUSD

the reason is that market dynamics change, its just change from being stuck in a range for the last six months have a look at what sort of market your in and make it a trading factor, hope this helps

changing psychology

wahoo 1.98 66 pips on multiple trades in 1 hour

ISM Report - Did chicago PMI steal the ISM's thunder?

BK i think we could see 2 by market close next friday

ISM Report - Did chicago PMI steal the ISM's thunder?

Dollar minus, In fact we will have to see what bernanke is going to say this afternoon, my guess is that the us is in reccession, the budget deficit and trade gaps need sorting, so the USD is being driven weaker without intervention. everyone is ...

Cable Update (GBPUSD)

Bonds scream recession — Stock and bond investors continued to take divergent views of the economy Thursday. Treasury bonds soared, pushing the yield on the 10-year note to an 11-month low. The sharp fall in Treasury yields, which fall as ...

Cable Update (GBPUSD)