Hey guys I think that we will break the support up trend on the weekly next week. What do you guys think? I will enter short when this weekly support gets broken. This is gpb/yen.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Right on. For the people that don't believe us go look at the USD/CAD or AUD/USD charts. DON'T PICK BOTTOMS. Believe me I have learned my lesson from doing it. FOLLOW THE TREND even if it may seem stupid to you.

EURUSD

Guys, this is a proper sell. It might not look like it now but in 1-2 weeks this thing will be at least 1.4900. It has broken a range and it will go down a lot. I have sold at 1.5440 and am targeting this.

EURUSD

My trading style is really best of both worlds. I use technical and fundamental analaysis in my trading. So I know what the interest rates and data is and also the ranges, waves and fib levels. There is a lot more that I do but basically I use both. ...

Indicators Or Price Action? What's Best??

This seems like a cool idea, so how would it work, just people posting their trades and their account details?

Indicators Or Price Action? What's Best??

possibly close to top — This has to come down soon because the Bank of England will cut rates this year. Inflation has come down and the decision will be clear. We all saw the horrible retail sales number and that the gdp is slowing last week. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yes sure. On July 15th we had the ZEW Sentiment number released. It came out much worse than expected, but the Eur/Usd went to record highs. If the data would have been on consensus or better than expected, we would have gone to around 1.6200 ...

No Brainer Trades

I think that I will short this pair early next week. I like to use fundamentals in my decision. I think that we will stay in range early in the week depending on data we will see. I am pretty sure that we will break out at the end of the week by the ...

No Brainer Trades

Your post is also useful in any other markets such as stock markets. Many people come the the forex market not knowing what to expect. If they don't blow their account in 3 months, then they will learn more and understand the concepts you have ...

“The time value of money and its psychological effects.”

hi jatt I think you are over complicating the problem. Since you are in eastern time, you would convert to GMT by adding 5 hours. I just do the same thing with the broker. I actually don't know what time zone the time is displayed but I subtract a ...

NY Time Broker ???

I don't think there is as far as I know, I just convert the time frame from the broker to my current time (pacific). I do know that some brokers automatically convert to your computers time.

NY Time Broker ???

valid point — piperro I think that you might have a valid point, that might not be a stop loss it could also be a limit order for a short. They calculate interest rates every second so who knows what other types of technology they have. If you ...

why it is not safe to use stops on Oanda

recent problem — I have been looking at the forums on and off for a couple of months and I think my input is needed for this discussion. I have been trading with OANDA for a couple of months or so and they have been good but I had my best with ...

OANDA Discussion