Feels like G/U G/J and G/C all about to take a plunge - to around previous recent lows at least...

Cable Update (GBPUSD)

Yeah, I watched it back in the 90s But the meaning hasn't changed

Important – Why systems are profitable (or not)

Where do you put the stops on your positions ?

Important – Why systems are profitable (or not)

Small short at 9833, SL 9865 TP 9801 - or below if I'm online.

Cable Update (GBPUSD)

Broke support at 1.047 after the positive CHF news, short from 1.0462 till 1.0435 with SL 0489 Edit: closed on SL on the bounce back - at 0.

USDCHF anyone?

Out on TS with 6 pips. Breached 104.2 probably going to continue down, but no trade for now.

USD/JPY Discussion

In for a small short - 104.42, SL 104.6, TP 104.1 but may move it down further if I'm by the computer.

USD/JPY Discussion

I agree, aspecialy considering USD/JPY is probably not done dropping yet and EUR/JPY goes down with it - now looks like it might break a support at 158.6 and at least keep E/U from rising more in the short term...

EURUSD

If this dips below the neckline to 975 and lower, probably would be a good time to short...

Cable Update (GBPUSD)

Probably.. USD/JPY looks like it'll go a bit more lower and drag this one along a bit more too.

Breeze....Update on GBP/JPY

According to the line connecting all 3 previous lows - it's headed towards about 1.034

USD/JPY Discussion

David, that brings up an interesting question. Do you think that now that we're well above it - almost 1.52, there is very little chance it could cross back again ? Like for example if there is a retrace soon that comes close above it, would you buy ...

EURUSD

You mean you wanna play with the TP versus SL size ratios ?

The Coin Trade System aka Flip The Coin

I went to have a tea break, because I made 2 percent on this move together with 2 parrallel trades on EUR/GBP and GBP/JPY just closing a bit later, all in all in about 20 minutes. May that always be the case...

EURUSD

Well, good luck anyway I guess..

The Coin Trade System aka Flip The Coin

The margin offsets the odds, unless it's negligable to the size of the trade. Same goes for several trades on connected pairs - at least if that group is taken as the whole "population" (the whole group the statistics ae based upon). Other than ...

The Coin Trade System aka Flip The Coin

40 pips here Same about staying out too. Nice..

EURUSD

Looks like N/U reached a major major high (highest ever at least on year and a half chart I have here) and it rose 600 pips or so which is a bit more than E/U recently (I see 1,300 pips of rise total also) but the exchange rate is twice smaller ...

NZDUSD Discussion

I think so too, all pairs gained a lot against the dollar, probably going to be a retrace soon, but I believe probably not a very big one either..

EURUSD

People who want to loose money... There's almost always at least some one major currency pair where you can pick strong trades (at least on the scale of a few tens of pips like I trade)... so why take risks.

EURUSD