RB hasnt formed on my chart, only half of it and then its not very deep. I remember Phillip saying be careful when its in the first 0.0015. Also triangle has formed ready for a breakout. Note, it is Easter holiday on Friday in the UK, so there wont ...

4 Hour Strategy (MACD)

Thanks for letting me know, the failure and what a 123 is

4 Hour Strategy (MACD)

Hi Ramrocket. Is the 1-2-3 candle pattern just another name for a double top?

4 Hour Strategy (MACD)

Well my prediction was wrong , but I am still learning. What I still dont understand is what to do when a pattern turns from bearish to bullish and back again. Edited - I realise what I did wrong now. Didnt wait for the bar to close!

4 Hour Strategy (MACD)

Correct me if I'm wrong, but I see a bullish (trend continuation) pattern on cable now. Not only that, but GBP is looking bullish against most currencies at the moment. And what with expectations of an interest rate rise tomorrow...

4 Hour Strategy (MACD)

This thread is great. Thanks Phillip! Once I've finished learning your system, I'm going to combine it with what I have learnt on James16!

4 Hour Strategy (MACD)

LOL. I can see he has two fingers up in the picture aswell.

BoJ Rate Decision and Fukui speaks at 1:30 EST

Yes I am naive! Could someone tell me what they think happened with Felix's service. As far as I can see, it's still running. He publishes the deviation of Bloomberg's number against the consensus, not the actual number itself. And as a member ...

Comparison of AutoClick Services

I agree with you all about the difficulties of news trading. But if all this is true about Bloomberg, can someone explain to me why Felix's service is still running and he is doing multiple news trades a day???

Comparison of AutoClick Services

Well, thanks for sharing some info Sccz97, after all that is what this forum is about. And even if you dont think you shared much with us, it gets the wheels of thought into motion and perhaps leads us to new strategies.

Let's Trade The News V 0.4 !

Ok, last word on the subject. You're probably doing abitrage with fx options. And if you are, options are too risky for me anyway, despite the fact I work in investment banking.

Let's Trade The News V 0.4 !

Whatever the strategy is, you can bet it has already been discussed somewhere on this forum Correct me if I'm wrong, but the only strategy that sccz97 has hinted at is abitrage (possibly between retail and direct-to-market) brokers. Even then, ...

Let's Trade The News V 0.4 !

All I can think sccz97 is that you are getting in on the retrace after the fools have been filled at the top of the spike. A race between the hare and the tortoise where the tortoise wins, perhaps? The other alternative is you are using limit ...

Let's Trade The News V 0.4 !

Hi Sccz97 Stupid question here . Are you saying that the institutional feed will show the true direction of price before the retail brokers?

Let's Trade The News V 0.4 !

Not sure if this is true. I work for a major investment bank and read their analysis every day. Before cable went down yesterday, they were saying that it was going to continue up against a weaker dollar. Then at the end of the day, they were saying ...

My trade cockup - UK retail sales

US market closed today could have an influence.

GBP/USD PPI Report

Forget trying to get in on the spike. There were plenty chances for smaller profits on the retrace.

WTF! Surprise UK Rate Hike!

I'm glad I fixed my mortgage. Not so glad I didnt trade it

WTF! Surprise UK Rate Hike!

Now all you have to work out is whether you want to: A. pay no tax but get constant requotes, slippage, restrictions on where you place stoploss, etc., from a Spreadbetting firm. B. pay tax and get a better quality of service

Is it true that FOREX profits are not taxable until withdrawn from your account?

Please continue! Very interested to see your writeup on the strategy.

Fibonacci obscuring reality