Hi Burger, Some BIG hedge funds are bleeding out of their eyes, nose and mouths (plus another important orafice) at the moment. Their carry trades are absolutely destroying their investors funds. There is over $550 Trillion dollars worth of carry ...

GBPUSD

Where are the kangaroos ?

No Requirements to Be Happy

hello fxnewbie, Try looking here http://www.forexfactory.com/forexforum/showthread.php?p=123042#post123042 and here http://www.forexfactory.com/forexforum/showthread.php?p=132721#post132721 If you need any more info, just ask. Just remember, I am ...

Why do I trade Forex

Hi Newbietrader101, Hmmm...what are the disadvantages of this "business" of trading Forex? For me there are none. I am old (early 50s), retired, financially well-off and experienced (20+years) in trading shares property and commodities. I have also ...

Why do I trade Forex

And did I mention that it was exciting and fun????

Why do I trade Forex

Why do I trade Forex — Why do I trade Forex? Because I am ABSOLUTELY CONVINCED that this is the best "business" in the world. There are: 1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments...man, what ...

Why do I trade Forex

Result from this trade last week was only 17 pips profit (within maybe 5-6 hours of trading). Still, better than a loss...

where is all this Dollar weakness coming from?

I don't understand this post. Are you betting on a strong US dollar ??

Why the decrease in range?

This is much more important than ping-pong. You are witnessing the eclipse of the American economy as the worlds biggest economy by China and the economic lifeblood of international trade has firmly moved towards the ultra-competitive China and the ...

Why the decrease in range?

Hi ycomp, Excellent post. When the elephants (CBs) are dancing quickly in the room, the mice cower in the corner and stay out of the way. China has let the USD drift slowly down to show that it is being nice to the US govt....but soon it will want ...

Why the decrease in range?

Hello Newbietrader101, Thank you for your post (and email) but I see no real value for starting a journal here (or anywhere else for that matter). Firstly, I have been there and done that on another Forum for about six months and, as was seen by all ...

where will the EURUSD be on Jan1?

This reminds me of earlier times on another forum. thats what I love about this business...it still gives me a rush to do a quick spec trade... GBP just dropped to 8929 and falling Euro just followed 2818

where is all this Dollar weakness coming from?

My account is very sound...was not as big a position as I usually take...but thanks for the concern and advice.

where is all this Dollar weakness coming from?

By the way, I don't usually trade like this. I used to but the "rush" isn't good for my heart I am a medium to long term trader

where is all this Dollar weakness coming from?

Summary sold gbp at 8965 stop at 9050 target not set yet stops moved to to 8950 sold euro at 2838 stop at 2860 target not set yet stops moved to to 2836

where is all this Dollar weakness coming from?

The risk of this trade was minuscule to the return of this trade. HOWEVER...I could be wwwwwrong (I have trouble saying that word...LOL)

where is all this Dollar weakness coming from?

I hope you are right !! Good luck too !!

where is all this Dollar weakness coming from?

Stop was adjusted to 2860..sorry Euro at 2826 and falling.....yes !! Pound at 8944 and falling...yes !! No target prices yet Probably look at Euro 2800 to start , Pound at 8870 Wait and see

where is all this Dollar weakness coming from?

market at 2831 stop adjusted to 2560...5 extra pips to allow for irrational volatility 25 lots each...euro and gbp

where is all this Dollar weakness coming from?

Euro at 2842 Sold at 2838 marketwas falling. Stop at 2855

where is all this Dollar weakness coming from?