Malcom, Dumb question here, why is the price of oil significant to the GJ? GU and EU, i understand, but not how its related to the GJ. Thanks

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good idea! been shorting after every retrace for 30 to 100+ pips in the last couple hrs. I think i'm out for now, though a few sell limits set 190.00 and 192.5 with TPs of 186.00 Long shot I know, but with the way its moving anything is possible

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well i cant say i'm not happy about this big drop, though i'd like to know why it happened. I'm short @ 1.8019 and 198.95 on the guppy. Did England sink or something?? just kidding Any insight as to the why of it??

Cable Update (GBPUSD)

Shes not going to close the gap today i don't think, especially if the PMI is bad.

Cable Update (GBPUSD)

ah the 9 pips is not a big deal when you can get massive pip amounts off the guppy daily. I left a short open on friday, and here i am 367 pips up, i might take the rest of the week off.. probably not but at least i have the option.

EURUSD

My two cents is we gap upwards, dont ask me why. The reason for the "gap" is that truely the market doesnt close over the weekend, just your broker does. So the gap is the difference in the closing price on friday and where the market is when your ...

EURUSD

I think that is one of the best ways to describe how to look at $$.. as "inventory for your business" Ultimately this is how you will evaluate yourself and your performance. I can see % gained as the best tool when your comparing your performance to ...

Tell me if this is reasonable

Thats my plan to stack longs on the way down between 1.5350 to 1.5200. I tend to think this guy is going to range from 1.52xx to 1.6000 for a long time to come. Of course anything is possible. Of course i've been short since 1.5680 and adding shorts ...

EURUSD

Anything is possible, but in my opinion with both economies in the tank so to speak, i dont see what would drive it up further at this point in time.

Cable Update (GBPUSD)

Ah, not shitty for everyone short since 1.9950 on the cable, short the Euro since 1.5753.. so good day for me atm, ofc i havent closed them, as i'm thinking were going lower, so S/Ls moved to b/e and let er run (with a 100 pip ts) Cheers

Cable Update (GBPUSD)

by looking a tthe 4hr charts, we seem to be clearly heading downwards since july 15th and with no good news expected out of the UK over the next week I would suspect we are going no where but down.

Cable Update (GBPUSD)

I agree this week has been quite alright with me on the cable, though i left quite a few pips where i could have got more, but + pips is all good Have a good weekend

Cable Update (GBPUSD)

haha, well that is good

Cable Update (GBPUSD)

Thats a myth i believe, 100 different ppl using the same strategy will all come up with different results. A strategy is merely a guide to go by, the decisions you make are what make or lose your money.

Cable Update (GBPUSD)

hmm, i'm thinking we are heading down abit more - 1.9685 ( I pray haha) There is a time to trade with out S/Ls but not very often and even at that you should have a worse case situation S/L (i use 200 pips as my fail safe). Learn your currency pair ...

Cable Update (GBPUSD)

thats a terrible day! Seriously look at your money management and something called stops might keep you away from the margin call

Cable Update (GBPUSD)

I wouldnt count on any good news being announced, the only good thing about that is there isnt any good news coming out of the US either. My two cents is were heading south.

Cable Update (GBPUSD)

Tough to call at the moment. I for 1 do not see what is going to make the pair drop till mabey thursday but then again, that could be bad news for the US as well. I think the market sentiment will contiue to drive this a bit further north in my ...

EURUSD

Nice buy on the 168 dip i think your in for a good trade there. I'm waiting on the EU for it to retrace to 1.5710area and then i'm buying. But im short on the cable 1.9812 and 1.9830

EURUSD

Um todays high 1.9836 (so far), i tend to agree were are heading back down to the low 1.97xx area. Oops im talking bout the cable.. forgot what thread im in

EURUSD