This is a key level... There sure isn't anything fundamental right now that seems would turn price around anytime soon. But who know, price does what it wants. I guess it just depends on where the big money wants to turn it around at.

EUR/GBP - What a great pair to trade!

Well, .8200 finally broke down... Now the question becomes how far down does it go. I've seen .8150 as a take profit area. Anyone seeing anything different?

EUR/GBP - What a great pair to trade!

Well... Still hanging out around .8200. This pair just can't get its act together either way. So frustrating...

EUR/GBP - What a great pair to trade!

And with that, a higher high on the 1 hr chart... What has become clear to me at this point, is that I just need to close out my chart and call it a weekend. I can get back into the rat race come Monday.

EUR/GBP - What a great pair to trade!

I actually feel more confused about this pair than ever. Got rejected at .8200 again, yet it is still making lower highs on the 1hr chart, which makes me think this might be a bearish triangle formation, with the floor set to give out.

EUR/GBP - What a great pair to trade!

.8200 still holding... Plenty of day left, but every attempt to this point to break it has failed. If it doesn't fall today, gotta think we'll be heading back up for awhile...

EUR/GBP - What a great pair to trade!

So be smarter than the computer than. All you need to do is look at the chart to realize where the most likely spots are where retail traders are putting thier stops. You know the computer will most likely be after those, so put your stop lower than ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Well... Half a month in this range now. Some movement either way would be nice.

EUR/GBP - What a great pair to trade!

Don't sweat it... It really has been awesome to see the humor, the honest caring, and brutal honesty and all at once.

Cable Update (GBPUSD)

Man, I don't post a lot in this thread, but the past hour or so in this thread has been pure GOLD.

Cable Update (GBPUSD)

Thanks. Wish I could say my way of trading was a developed as your. I am completely impressed by your level of understanding of how the market works. Me, I use 2 simple indicators and trade small so if my original position doesn't work out, I can ...

EUR/GBP - What a great pair to trade!

Same here, I'm short at 1.67793. Already +50 pips. Bad thing is, i went in with such a low amount that it really doesn't amount to that much actual $.

EUR/GBP - What a great pair to trade!

Alot of people on here saying down, down, down... And on the lower time frames, nothing really screams buy for sure. But let me give those thinking about buying a reason... 2 weekly charts, 1st one, showing a bounce off the 50 fib level, and the ...

EUR/GBP - What a great pair to trade!

Since these noobs here choose to redicule you, allow me to give you some real world advice. The one thing I agree with is begin on Demo until you have a proven profitable system. Once you have that, if you are truely strapped for funds, find a ...

Where to Acquire Funds?

Well, I hope for your sake it does turn around at some point... I mean, it eventually will. Guess I've never understood the thinking of fighting against the trend... But best of luck to you.

EURUSD

You're selling against the trend on every time frame... You just gotta hope for a correction now.

EURUSD

It would have been easy to take hits long or short today... Of course this prince profited alittle today.(and that is something I'm quite proud of considering I pulled a noob move and forgot to cancel a pending order over the weekend which promptly ...

EURUSD

That gets tricky. My immediate thoughts point towards how strong the language is... If its "We are still looking at our benchmark of 6.5% unemployment rate, and we hope that happens by March." that doesn't sound real convincing, and the climb *may* ...

Cable Update (GBPUSD)

The move up is happening faster than even I anticipated. But the divergence has already occured on my chart... No signal for a short yet though. I still think Uncle Ben is going to determine the direction once and for all in alitte over a ...

Cable Update (GBPUSD)