Are you still letting your short run? Looks like it hasn't found the bottom yet.

Trading Aussie Jacko Style

Yesterday before the BOE rate decision, some guy came out and said he expected a rate increase. Where is their logic? It was the most ridiculous thing to expect right now, when UK economy data have come out red one after another, and oil and ...

Cable Update (GBPUSD)

Hi Raz, Thanks for the warning. I wasn't going to buy. Had a typo there. I meant "no bottom" for AUDUSD here. Was just wondering if dollar will just keep going through the roof till we hit .75. Don't see why $ is the greatest thing these days as the ...

Cesarnc's market talk, gossips, rumours & fun

Raz, Will we ever see AUDUSD go up again? Any time before the end of the year? It seems like there is on bottom to this.

Cesarnc's market talk, gossips, rumours & fun

Be careful with your long-term trading plan. Trichet was "overly bearish" today with the ECB statement. While the US economy has been trying to get out the woods, evidenced by the recent green numbers, europe's numbers have been dismal, fueling the ...

EURUSD

Me too and at a very high level. Bleeding badly. Hoping this drop will come to an end. There is no fundamental reasons for it.

Cable Update (GBPUSD)

I very much value the power of oil. It has been proven again and again. The consensus is that higher oil prices = higher eurusd = weaker USD. That has worked somewhat in the recent days, in how eurusd has taken a nose dive. But today oil is higher! ...

Cable Update (GBPUSD)

Are you long, NAV?

Cable Update (GBPUSD)

Been trying to short USDCHF in the last couple of days and each time escaped out with a small profit. This thing just keeps on going up, breaching resistence levels one after another. BRV said that USDCHF is in low term downtrend, but I am starting ...

No Brainer Trades

And no letting up in sight.

EURUSD

I am really not convinced lower oil prices will help UK economy. At least not in the immediate terms. Simply look at the oil prices going down in the last week or so, and cable going down along with it. Maybe in a longer term, it will help the UK ...

Cable Update (GBPUSD)

Fiber just won't stop falling. Is this a bottomless pit?

EURUSD

Oil is traded in $ term, so while oil has been down, $ has been strengthening, which is one big reason why cable has been down. I don't see how lower oil prices will help UK economy. It's mainly caused by the credit crisis and housing slump, similar ...

Cable Update (GBPUSD)

It feels like that cable is never going to crawl out of the dog house. The market is finding every reason to buy the $ for the last week. It looks like that technicals support levels have been smashed one after another. Is there a bottom or is ...

Cable Update (GBPUSD)

First of all, I am holding long position so I would love for this puppy to go up. but one has to be realistic here. There is no way in the world BOE will hike rates for many months to come. Look at the recent economic numbers coming out of UK. They ...

Cable Update (GBPUSD)

You have to crazy to think they will do a rate hike. We will be lucky if they don't make some kind of remarks to hint at a rate reduction. My most educated guess, stay at 5%.

Cable Update (GBPUSD)

Did you go long on cable? It's not doing well. Where is the next support for it to come back up?

Malaysia

No more driving? How do you get around?

Cable Update (GBPUSD)

url Check this one out.

EURUSD

German number just came out really red. I am wondering if euro can really stage a comeback. Been struggling all morning.

EURUSD