Anyone here understand why the pound is having a hard time against AUD? The thread for that pair is pretty much dead.

Cable Update (GBPUSD)

T@rantula, what have you done with the UJ trade? if I'm not mistaken the stop you suggested was around 119.40 no?

Spider's Den

ECB not wanting the euro so high is what happened. That's also why I haven't trade euro pairs all that much except eurusd. Central banks are fighting each other over lower currency. Except Fed and BoE who want to raise rate.

Trading Made Simple

Could you clarify what you mean by ME/ME trades?

Trading Made Simple

Thanks for the clarification. You can ignore my tweet or refer to this topic

Spider's Den

Did you enter this trade and if so, how are you handeling the current movement of this pair?

Trading Made Simple

I see. For the USDCAD trade, for the trailing stop, did you use a certain amount of pips or a percentage of your trade? Also, which were the pairs again you talked about in your webinar? Is there a way to get the powerpoint?

Spider's Den

Good spot. How do you find this? Considering this is on the H4, how would you decided your exit strategy? Like described for TMS, when the first signs of a reveral appear on the chart? Or do you use a specific amount of pips?

Trading Made Simple

@T.: Do you forsee a bufferzone for the USDCAD short? You mentioned in your webcast that short is adviced @1.3015 with a [email protected] and [email protected]. But can this also be 1.3010 or 1.3020 for example? Edit: Never mind, 1.3050 was hit.

Spider's Den

Can this be considered a fake signal? We are a new trading week and my trade got stopped and the market even moved in the complete opposite. Or is it because I looked at the H4 too much and expected too big of a move?

Trading Made Simple

Too bad, my short got stopped at 1.5360. Just my luck of course...

Trading Made Simple

That is why I said 50K as well. At least with that amount of money you can take a standard lot and still have good R:R.

What is needed to be successful in forex trading

Anyone following GBPUSD as well? On the H4 TF I saw bearish trade appearing which I took but I'm now wondering if I didn't overlook something? It seems like a sold trade and my STP is set at 1.5360. As for TP I'm looking at 1.5050 or even 1.49xx ...

Trading Made Simple

Or have enough money so that you can set similar stops and goals as them? I.e. 500 pips in either direction. You basically need money to earn money. 2K Haha, try 50K or even 100K to start. Consider long term investment as well such as stocks. Thanks ...

What is needed to be successful in forex trading

I came across this thread through FxTyrant and I'm interested in what you post here. I'm wondering though, since you are a commercial member, do you require payment of some sort for your signals/tips? Or is there anything specific that we need to do ...

Spider's Den

Also for Revised Nonfarm Productivity q/q, I get the explanation on the site but in the end, isn't higher productivity a good thing Oo?

EURUSD

Don't forget previous got revised down. 8K less than previously stated. If you revise the forecast down the same amount it's only a 6K miss and still 13K higher than previous, not bad I'd say. It's of course not 200K or above, but still.

EURUSD

Why thank you, I do try my best. I figure it might be interesting to read a nice story from a not so frequent visitor of this forum from time to time . I can always provide screenshots of my trading account through PM if you require validation of ...

EURUSD

I'm following FxTyrant with his EURUSD trade. Although a bit higher than him, I let my short that I opened at 1.0950 run just like him. Even when we went above 1.16xx I still had it open and I added a smaller sized lot than my original one at around ...

EURUSD