Just had to dig this one up for all to ridicule!

EURUSD

13:30 GMT. For estimates, see this: url I myself am way too long USD/JPY and currently sitting out a drawdown, and this one can really upset the weekend...

EURUSD

Watch Citi's earnings like a hawk - should there be a surprise to the upside like with JPM, both EU and GBP will drop like a rock.

EURUSD

Absolutely disagree. Say you get in long @ 1.5800 and the market is starting to fall, but you're convinced that longer term your trade is good. You hedge @ 1.5785 and ride it down to 1.5760. Now, when the trend resumes and goes back above your entry ...

EURUSD

Nothing is going to stop this from going up another 100 pips if Dow drops 200 points today and/or Fannie loses another 50% of its value.

EURUSD

You can hedge a losing position too - you're just locking in a loss, not a profit. Still, this could be helpful if you're confident in the general direction of the trade but got the entry wrong, and the loss is within your tolerance level.

EURUSD

That wasn't too tough to see - cable is done for the day.

Cable Update (GBPUSD)

All priced in, it seems - profit taking will commence no matter the news.

Cable Update (GBPUSD)

This is unreal... AU will probably reach parity within 48 hours. It seems like a safer bet than letting FDIC insure your money in the bank.

Aussie Pairs

There's but one thing certain: a turbulent 12 hours are ahead. My forecast is the range between 1.9750 and 2.150

Cable Update (GBPUSD)

We are living in a different world now five years later. An attack on Iran will almost certainly push the world to the edge of a global recession compared to which the past 12 months have been peanuts. This is nothing but saber-rattling by the ...

EURUSD

Once the whole Iran thing cools off and commodities get some sense knocked into them, EUR will fall too. Should be good for 150-200 pips next week. One other thing - nobody's going to bomb anyone, it's just not in anyone's best interests. Don't ...

EURUSD

I'm not Moe but I'll say there are two things going on here - crisis of confidence in the U.S. banking system, and oil hedging.

Cable Update (GBPUSD)

Perhaps first you should understand why you went short.

Cable Update (GBPUSD)

Actually, I'll take that back - the best ccy for the day is the Yen.

Cable Update (GBPUSD)

I'll buy that - GBP is the best performing currency for the day despite the poor data.

Cable Update (GBPUSD)

Gonna cover my second short @ BE here as soon as I can... Dow futures are way down, oil is climbing again, and the ISM figure will likely be pretty bad - this doesn't look like a good day for USD at all.

Cable Update (GBPUSD)

Dead cat bounce, IMHO.

Cable Update (GBPUSD)

Give it some time, a couple of hours, give or take... USD is pretty weak at the moment but it's turning around.

Cable Update (GBPUSD)

LOL, I'm gonna scalp this thing riding all the way down to 1.9900

Cable Update (GBPUSD)