Got short GBP/CAD on the open, and even with oanda's 30 pip spread still in profit in seconds

EURUSD

1.3350 EDit 1.3325

EURUSD

Yes, those points will be hard to overcome, there are also a few fibs that are in that upside area, but when everything goes to shit, risk aversion will push straight through most of the weaker shorter term technicals when people are just trying to ...

EURUSD

USDX October predicition — Hey all, If you looks at the monthly chart of the US dollar index the 4 months over the summer are very similar in appearance, and this preceded the major rise in USD, and massive fall in stocks etc. As we can see in ...

EURUSD

I think 3450 is entirely possible today.

EURUSD

just making sure you all have noticed the lovely H&S thats formed on M30, break of 1.3500 will expose recenet lows at 336.

EURUSD

It's not gonna be that important today, if anything all he's gonna do is reaffirm his position on operation twist. nothing that's gonna massively shock the markets etc.

EURUSD

I agree, some techs would argue that, but this rise feels like everyone thinks that the whole European debt problem is over and all good, but it isn't, not even close. this "rally" is all about short covering to book profits, soon we will fall, ...

EURUSD

well at least we have already filled the gap

EURUSD

yeah we now have 82/02 on oanda down from 05/25 so a small "gap" but nothing like 1.32250 or whatever XE was saying.

EURUSD

well that "gap" is now only 20 pips as opposed to 200 pips seen on the reliable XE pre market source. Oanda still hasn't opened and I won't believe any of it until I See that first tick on oanda.

EURUSD

You are sounding a lot like fat panda who was constantly calling for 1.4150 when we where in consolidation over summer. Eventually we got there but he must have been margin called a few times. Just stop ranting about how this is gonna be the move ...

EURUSD

Just a thing. I wouldn't consider fxcm forex.com and etoro to be 'pro'. I know it sounds like Im ranting just I and most probably you shouldn't trust them. Get someone like oanda or gft, who have metatrader 4 and their own platform and are much more ...

EURUSD

If stock XYZ earns $10 million a year and stock was at 6x earnings it means market capitalization of company XYZ is $60 million, i.e. it could have 10,000,000 at $6/share. Hope this helps, Also if there is anymore terms you'd like to know check out ...

Linguistic trading question

well then for a rough area for a reversal you've pretty much got it.

14 Year Old Forex Trader's Lessons

Yeah its not looking bad however I don't recommend doing it on such a short time frame (M5), Put S/D on Hourly or daily and then by all means trade those levels on M5 but remember the lower the time frame the weaker and less important an area of ...

14 Year Old Forex Trader's Lessons

Personally here is how I would look at things, Most supply or demand areas include large wicks or fast rebound areas, I try to note down areas which at the time (when watching how Price action is acting) are showing those kind of early signs that ...

14 Year Old Forex Trader's Lessons

Aside from experience the average salary in the city is about $400,000 so I wouldn't be complaining there (that's without huge bonuses) however I have spoken to some people that the pressure and strain of sometimes 100hr/week is just to much to ...

14 Year Old Forex Trader's Lessons

I love trading with Supply and demand areas for TP's and SL's etc. I recommend you read through Phanti's rangebound strategy thread it's where I learn't about it url He starts using pivots and standard S/R but throughout the development of the ...

14 Year Old Forex Trader's Lessons

Hey, I am 16 at the moment (had my birthday on the 13th of this month) and have been trading live since May this year and demo for a year before that so I also started at 14 and I definitely feel that this is an advantage to us. I (and probably you) ...

14 Year Old Forex Trader's Lessons