Well, I'm long £ from 19698, looking for target 19750 on news that UK will have to raise interest rates in august.

Cable Update (GBPUSD)

When you post a reply, just look further down the page and you will see "Additional Options". Click on the "Manage Attachments" button.

james16 Chart Thread

Whenever I go to the major shopping centres in London they are always packed with shoppers. But then, London is a different country to the rest of England

Cable Update (GBPUSD)

yep, no suprise, so I'm hoping for a continuation of the current trend.

Cable Update (GBPUSD)

Well I've been in short since the pinbar on the 30 minute just below the weekly pivot. The fundamental reason being Mervyn King's letter yesterday to the chancellor and no change to the forecast of the MPC vote.

Cable Update (GBPUSD)

Try to look at the larger timeframes ddblue such as the 4hr or daily for support/resistance, fib levels, channels, etc. Only then will you be able to trade the 30 minute. The cable has been ranging in a downwards slope since February.

Cable Update (GBPUSD)

Excellent call on the £ Moe! It fitted in nicely with my tech analysis and the sh!t hitting the fan for Mervyn King. I managed to take about 100 pips out the market today Thanks!

Cable Update (GBPUSD)

Looks like this one worked out very nicely!

james16 Chart Thread

Combined candle Pin on 4hr eurusd — Not sure if I'm right here, so please correct me if I'm wrong. When combining the last 3 candles on the 4hr eurusd, it looks like we have a pin that would need to see 1.5405 taken out. There is a good level ...

james16 Chart Thread

Cable's going south. Looks like woodworm nibbling away at the floor, and when it does, the ceiling's going to collapse.

Cable Update (GBPUSD)

Around 1.9432 sounds good Moe, good level of resistance, so institutions may be protecting that price point.

Cable Update (GBPUSD)

Yes, I agree with you, thanks for pointing that out Mike. I'm still learning at the moment!

james16 Chart Thread

Pinbar and triple top on 4hr eurjpy. Against the daily trend, so be careful.

james16 Chart Thread

I haven't been here for sometime, but I'm starting to realise the value of this material again! Hope someone can answer a question on the daily $cad pin. Would the (sort of) bearish pin going the other way (circled in my chart) spell trouble for a ...

james16 Chart Thread

Spreadbetting companies try the same tricks as any other broker, slippage during news spikes, requoting, etc. They are a dealing desk broker and you are trading against them. I'm using IG Index, The spreads are ok, I get 2 pips on aussie and euro, 3 ...

How is forex trading taxed in your country?

A spreadbetting firm allows you to take an FX position without actually buying/selling the underlying currency. The platform is exactly the same as any broker, but you dont own any currency when you enter into a trade, so you wont pay/receive ...

How is forex trading taxed in your country?

Well, I wish I had a system like yours!

Cable Update (GBPUSD)

Hi Moe, Though I'd pop my head back into this forum after a long time. Was very impressed by the above trade call, but wondered what reasons you had for making 1.9625 a pivotal point and why you called the opposite to what most of us would think, ...

Cable Update (GBPUSD)

ok, this is going to make you sick, but... If you use spreadbetting to trade the forex in the UK, there is zero tax to pay.

How is forex trading taxed in your country?

fxdm1, can you name and shame please. Would like to steer clear of brokers that widen spread on a per individual account basis.

Forex Taxes