You have to be insane to get in long at this point. 150 pips in 3 hours - the UK fundamentals do not support this rapid pace, just watch what happens when the GDP number falls below expectations which will be the third release in 24 hours to be ...

Cable Update (GBPUSD)

Closed precisely where I predicted.

EURUSD

Looks like you'll come up just a tad short of 1.4880... as in at least 50 pips short.

EURUSD

Respect and monetary gain - if you had some money riding on it, that is.

EURUSD

A bold forecast, to be sure. Be prepared to admit incompetence should it not materialize.

EURUSD

I view this board as little more than a poll of opinions, not as a learning tool - for that I have a trading account. Now, allow me to address your rebuttal. You can call me crazy, but I have decided not to use stops. The only thing a stop ...

EURUSD

I don't view taking any position as suicidal, provided your money management is sound. For my part, I have a small short position from 1.4800, and will settle for 50 pips - a profit is a profit. Barring some catasrophic event for the dollar in the ...

EURUSD

This looks ripe for a 50-80 pip ride down before NY session open, conservatively.

EURUSD

I think he was referring to P&L numbers inconsistent with the real situation - if so, this is not a big deal as long as the equity in your account is shown correctly. IB has screwed up my P&L calculations in the past too; you can adjust the position ...

Interactive brokers or hotspot?

As good as their technical platform is, IB has absolutely the WORST customer service of ANY business I've had to deal with in my entire life! This is not because their reps are not knowledgeable enough (although they have plenty of those, too)... ...

Interactive brokers or hotspot?

Not sure I'm following you. 116??? Only if BoJ drops the rate to 0.25% and the Dow shoots up to 13.5K.

USD/JPY Discussion

I don't think people here realize just how much this pair tracks the Dow. Draw your own conclusions from the image below...

USD/JPY Discussion

Not me. If Dow tanks another 100-150 points tomorrow (which it might), expect a drop under 107.

USD/JPY Discussion

Ain't nothing but an equity-inspired rally; the U.S. stock market is still in the bear territory and mid-to long term prospects for this pair are gloomy. Watch out if you're long.

USD/JPY Discussion

24 hours later and still waiting for that spectacular multi-hundred pip drop...

EURUSD

Because of the 4/3% interest rate differential? Allow me to respectfully disagree here.

EURUSD

London open might take it down to 1.4535 or so, not much lower... good luck.

EURUSD

What are you basing this statement on? Really don't see much downside risk right now - but feel free to short and wait for the 200 pip drop.

EURUSD

So far the end of weekend price action corroborates my bullish short term view of EUR/USD. We might see upper 1.4500 - lower 1.4600 by NY open. The raunchy smell of another Fed rate cut is in the air... a Valentine's day gift to FX traders, perhaps?

EURUSD

Sorry, not today it won't. This is not a realistic target for the short term, either... just my 2 cents, but I did call for a rebound - looks like it's materializing.

EURUSD