USDCHF just came back down as euro is stubborned edged back higher from today's low. Do you still think it was a good idea to get into swissy long? Of course, if you got in when it was in the 20s earlier, then you don't have much of a risk in losing ...

Malaysia

Makes sense. But most of the forex traders are not long-term holders, I don't think. Right now, it hovering around 1.54xx and it's a long way off to testing 1.5 yet. Anyway you can narrow things down for us for the short term, say within the next ...

EURUSD

Thanks for your advice. Will take it to heart.

EURUSD

I am looking at the trend since the beginning of asia market this week, and it looks like it just wants to go higher. I don't want it to since I am in short position.

EURUSD

For some reason, euro is just hanging tough even after very positive news out of the US. Does it mean to return to the bullish trend as it has been doing all day?

EURUSD

Very wise. How did you know ahead of the news?

EURUSD

Does anybody know what Trichet said? Is he being hawkish again and that's why euro is going up?

EURUSD

Ahh, that might be why euro is getting a lift. He has been hawkish and probably will be so again this time.

EURUSD

Fiber is behaving very strange today. Now I am totally confused as to which direction it is trying to go. Is it going up or down for the day? Anybody have any explanation why it's seesawing and can interpret from the chart which way it's going to be ...

EURUSD

It looks like it did go back to 1.5450/60 and actually has stayed there for a while now. So you say that means it will go down to 1.5410/16 in the next stop? Why is that? Why is it that if it doesn't go back up to 1.5450/60, it would actually go ...

EURUSD

Are you expecting the news to be good or bad? How do u predict the price action before and after the news? Are you basing this on past experience?

EURUSD

That's terrible!! You definitely need to raise an issue with this.

EURUSD

Hi Sham, Could you please take a look at eurusd and see what you think it's doing and where it's headed? Thanks.

Malaysia

So you are still thinking eurusd will head down?

EURUSD

Does it mean that eurusd has turned to upward trend?

EURUSD

Well it's not hard to imagine that the US would have the largest stock market in the world since it is the financial center in the world. But I still can't figure out why London has the largest forex market in the world.

Cable Update (GBPUSD)

It's too bad that Sham is in Malaysia. I wish I had the opportunity to attend a class like that.

Malaysia

Sombody just informed me that London is the largest forex market in the world. Its being closed today will definitely have huge bearing on the behavior of the price movements today. It might be very irradical and arbitrary, not following the normal ...

GBP/USD Updated with I-CHING Methode

Actually tomorrow is another Japan holiday. image Holiday: Greenery Day Observed

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

Any particular reason why London is the biggest forex market in the world? I don't think it's the biggest stock market in the world, is it?

Cable Update (GBPUSD)