Actually, I have a small account I started with $1000 that has a 500:1 leverage. It survived the swiss madness (I actually indirectly benefited because the GBP rates went down). I did lose around a 1/8 of my weekly profits later because of the false ...

EURUSD

I wonder if it's gunning for 178 before going down to 175 and lower.

Dragon Riders GBP/JPY

I can't tell whether 177 is going to get rejected or not...technically, anything below 178 is still bearish for me....but we've got a LOT of sellers at 177 (specifically 177.1), and I don't want to miss a 200 pip drop to 175. I'll probably sideline ...

Dragon Riders GBP/JPY

For bottoming out at the most recent support/major rejection (168), I doubt it. Even after market makers sold the previous 180 top (which was done by speculation in the Scottish referendum), we saw a major rejection at 168. Moving below 168 would ...

Dragon Riders GBP/JPY

Don't catch a falling knife. Especially when we've just recently had a black swan event. I wouldn't go long unless we see a clear signal. There's just too much volatility and panic over the the SNB opening the gates on the 1.24 floor. This also ...

Dragon Riders GBP/JPY

Ehhh. I'm eyeing 175 for my shorts to take profit and to consider loading longs. Is the small 10~30 pip difference in support at that area between several of us due to a variation in where we placed our fibonacci charts?

Geppy's Geppy Thread (GBP/JPY)

I think he's mad that his account got whacked during SNB announcement. He seems to be forgetting that Switzerland is a loooooong ways from the USA.

EUR/CHF

I'm worried about the reaction at parity for the EUR/CHF. I think we'll see a small bounce at 1.000 before resuming fall, if only for the sheer psychological factor associated with parity. Of course, we all know that this is merely the prelude to a ...

EUR/CHF

In the event that 1770 holds, however, I'm looking at 1800, 1850, and 1870 for my scalping longs as the next immediate resistances. I've got no predictions after that. Market should be looking to test support once those points are hit, but I can't ...

EURUSD

Oanda, FXCM, and many other large and recognized U.S. brokers are infamous for their slippage, chart accuracy accusations, and etc, etc. Just because it's regulated by U.S. laws doesn't mean it's safe, despite what the U.S. government says. Just ...

EURUSD

178 hit. Waiting to see reaction. Currently slightly in favor of bulls, but it's barely (I'd say 55:45). Adjusted stop loss and locked 25 pips. Edit 1: Breakout of 178 confirmed. Awaiting test to see whether it holds up as immediate support. Next ...

Dragon Riders GBP/JPY

Carney isn't due for another 11 hours or so. We've got more than enough room to go back and forth between two key decision points. Also, price movement is awkward at 178. I don't feel safe. Closed my long from 178 and pocketed $3.40 in profit after ...

Dragon Riders GBP/JPY

Got in a small long at 178 with a pretty tight SL. If this area is breached and becomes resistance, we're looking for a drop to 177 at least. I'm looking for anywhere around 175 to be the key point to go long for a prolonged period. We're still ...

Dragon Riders GBP/JPY

that's because you bought at around 178, didn't you? It's the next key support. Breach of this level opens up 100pips more down to 177, which doesn't look likely since NY session ends in less than 2 hours. It'll at least have a small rise of several ...

Dragon Riders GBP/JPY

I expect the region about 178.50 to be the primary support. Honestly, if you're going long, your SL should be low- like 178.30 low-ish

Dragon Riders GBP/JPY

I get the distinct impression we'll see a retest of 180.30/40 before the British CPI comes out in about 3 hours or so. Closed by short early, took profit at 179.70......but still a far cry from what i could have gotten if I closed at 178.70. This is ...

Geppy's Geppy Thread (GBP/JPY)

I'd say it's a correction than a reversal. The beginning of a year tends to launch corrective movements for bullish currency pairs before pushing to expected new highs. Personally, the number I'm looking for right now is the area within 20 pips of ...

Geppy's Geppy Thread (GBP/JPY)

I do believe we have a breach of 179. At the rate we're going, I think we might make it to 178.00/20 before London. Once again, congratulations on being spot on with your predictions about decision points. I see rarely (if there's any) person who ...

Dragon Riders GBP/JPY

Ah......that comment made me squirm. I've made so many of those mistakes before. It's like getting kicked in the balls, except in the case of the former a person has a pain threshold limit. This, however, still hurts do matter how many times I see ...

Dragon Riders GBP/JPY

I've noticed those graphs for a while, but I don't think I've asked this before: What are they supposed to indicate?

Dragon Riders GBP/JPY