thank you for your replies, happy trading...

support and resistance questions

it will be interesting to see in six months time when some more of its debt is due

Dubai and its problems!

thanks for your input, yes im trading daily and will keep a couple of positions open during the festive season, happy new year to you...

is it good idea to trade during the holidays??

forex is certainly not for everyone. it's great to see many people making a living from forex, congratulation. for those who want to become one, it will be long and probably painful (from losses i mean) process. if you're not successful, then go try ...

Is trading FX for living a myth?

just keep in mind that forex is not a get rich quick scheme. like most people said 95% of the people lose money! but that doesnt mean you cannot make some money here and there, even small amount at a time. when thinking about trading system, choose ...

Any advice for new guy?

Any combination of USD,GBP,EUR and JPY is good because of their low spreads (1-2 pips) except for GBP/JPY which has spread of around 4-5 pips. This is spread for my broker anyway but i think it should be around the same for other brokers.

which are the major pairs to look at?

It's been rising since last week coz of change in asset purchase policy by the uk government, something to do with quantitative easing which im not really sure what it's about but im sure someone here will be able to provide more info. GBP gone down ...

Cable Update (GBPUSD)

it's nearly 200 pips down, isn't it a bit too late??

Cable Update (GBPUSD)

is it likely to go back up?? should we entry long somewhere?? looks like it's not going below 1.6414, but could be wrong...

Cable Update (GBPUSD)

totally agree with you. I guess we can see that clearly with what's happening to GBP right now. Change in BOE's asset-purchase policy caused huge gains for GBP for last few days. Tech analysis can then be used to determine where to enter/ext the ...

technical vs fundamental

I think that's what I said in my post..

technical vs fundamental

I'm not a big fan of fundamentals coz if the same information is available to everyone then, theoretically, there should be no opportunity to make profit especialy in forex market where there are huge number of market participants. On the other ...

technical vs fundamental