It does seem overbought in 4hr chart. It might ease back soon, before reaching 1.38. I think it does not have enough power to shoot straightforward to 1.38 now, probably consolidate or test double top at 1.3705

EURUSD

Cable pressing important fibonacci resistance, and threatening my short. However, I think EURUSD can test 1.3700 area after clearing fibonacci resistance. Probably no correlation here.

Cable Update (GBPUSD)

Oanda gives better spread, but lack good platform.

GBPUSD Spread Question

Huge stop, I did shorts but stop 2.0200. MetaStock Pro FX? Why? What additional features it has?

Cable Update (GBPUSD)

Did you try this with other currency pairs? When I was trading this method some time ago, It worked well on many pairs.

Auslanco-GBP/JPY Strength Indicator strategy

Oh my, friday's high in my chart is 2.0149 :S This is weird! That means the level has not been tested?

Cable Update (GBPUSD)

The Quantitive Qualitive Estimation and TFT so called (Gann HiLo) is a nice combination for confirmation of trends. You know, I remembered now Erol system..FX Turning Point he was selling it to users.. and it worked perfectly on trending markets.. ...

Auslanco-GBP/JPY Strength Indicator strategy

The fibonacci resistance stays at 2.0150 so there is no significant reason to long. same thing for shorts. Many people that suggest shorts including me count on double fibonacci level as a low risk trade with tight stop less but there is no clear ...

Cable Update (GBPUSD)

Yes these should be addressed to them, but here we get a quick answer

CMSFX Giving Away $500 Live Accounts

That if we will see 1.40 that soon Anyway, next week will tell!

EURUSD

Usually I do not listen to those guys at UBS and major banks who give trade recommendations. And I hate when I open Bloomberg..and found an analyst saying It's time for USDCHF to rally.. and it just then continues to go down more I think they trap ...

EURUSD

News was positive for the greenback, although currencies continued to strengthen against it. Perhaps It was meant to reach significant resistance areas before extending the bullish USD trend who knows? The situation is so tricky, and I will just use ...

Cable Update (GBPUSD)

Pretty confusing direction now. Looking at D1 chart 2.0150 is the 50% Fib of complete drop from 2.0652 to 1.9652 At the same time GBPUSD has triple daily bottoms at 1.9650 with every failure to break it. Now the scneario is complicated. The 2.0150 ...

Cable Update (GBPUSD)

Nice question, I would like to know too.. I am almost 21 years, but not yet lol

CMSFX Giving Away $500 Live Accounts

See guys, I might be totally wrong.. or nuts But I think recent rally in EURUSD and GBPUSD is corrective. EURUSD certainly look promising with break of fibo level. But I feel shorting cable as I think it has topped in this area. I also think that ...

EURUSD

This might work well for long term investors. It says in the next 6 months. So you never know, it might dip first or something.

EURUSD

Oanda withdrawals, no doubt. I tried this myself I am in Egypt, and withdrawals reach my bank account always in 2-3 business days.

Which Brokers have Fast withdrawals ?

Easy stuff! All brokers ask for this sort of information. I do not understand why they need Bank Information though? I am not going to deposit money now.

CMSFX Giving Away $500 Live Accounts

Yessss! That's the answer I seeked. Thanks!

How can I backtest strategies?

No clear sign that market turned bearish the USD again. A break above important Fib levels in Cable, and Aussie might give signs of this. So my vote will be most probably "unsure" lol. As for swissie looks good to test 1.1970 before managing a rally ...

Will the dollar weaken next week?