62 day MA 1.6450--i think it will break. 1.6439 break should lead to 1.6338...................i hope not wishful thinking. i am VERY short and have been VERY patient. normally (all the time) as long as you dont take reversal position after breakouts ...

Cable Update (GBPUSD)

bear here — im short from 1.6388-- looking for 1.6250 or 1.6200 seems with good treasury sale today, great housing numbers earlier this week all could make dollar strong---although i am long turn dollar bear. im about to short the euro/usd too ...

Cable Update (GBPUSD)

quick question — checking this out, is it a safe assumption to just buy or sell approx 15-16 pips past the high or low just for keeping it simple? and also to just take profit about 50-60 pips from there?

New Variation on 7 am to 9 am Breakout Strategy

trade possibility — am i getting this right? i am planning on selling EUR/USD at 1.4209 or buying at 1.4255? thanks

7am-9am Big Dog USD Breakout Strategy

FED is a key, but........................ I see GBP/USD going down hard, I have shorts at 2.0100, 2.0092, 2.0079, 2.0056, and newly 2.0038. I think a short term target of 1.9750 is reasonable, but I will not rule out selling at 1.9850 if I like what ...

US intervention for the dollar

negative ghostrider, failure to abort the trade will result in immediate termination lol, jk

kharvell's Trades

i think down, i am short from 1.9778 and holding

cable goin up or touching down

I am an IB/money manager through 2 clearingfirms, CMS and AMI. Neither of them change the spreads during news, ever, period. Re-quotes are a different story though, which you will find happen often during a fast-moving market. My suggestion is don't ...

complaining about spreads

AMEN TO THAT DARKSTAR!!!!!

The pumpers and dumpers of forex

CMS

urgently need a 250 dols mini lot,400;1 leverage,reliable broker

exactly

Option Hedging Strategies

No, but I have had clients who did. The only way I've seen it work is to buy a put option at the same(or closest) strike price as you went long in the currency pair. So if you were long EUR/USD at 1.33, then I would buy an "at-the-money" put option ...

Option Hedging Strategies

Forex Options — I have a lot of experience with them, and the above post is correct, they are usually very expensive, and it is very important to make sure you buy them with a reputable broker. Some forex options platforms, due to the grey ...

Option Hedging Strategies

I don't use trailing stops ever. Ive been managing others money as well as my own for over 5 years now and can't say I have ever used a trailing stop. When I am in a trade I rarely put a stop loss, and if I have a take profit "area", I will ...

To Trailing Stop or Not To Trailing Stop....

atta boy, good luck, stay humble though

My first post on Fxfactory and first journal

this is going nowhere fast.......shocker i think you can find this system in the same place the weapons of mass destruction are lol

Ultimate Successful Trading Technique

one of my other businesses aside from trading peoples forex accounts is doing mortgages, so i can say this is hitting home for me. it seems over the last few months especially, the people that refinanced with me in the past are obviously in trouble. ...

Subprime Worries

no problems with any of what you asked, people do it all the time

Forex Taxes