I see us going below 1.1247 before the rally up. Stay safe and patient!

EURUSD only

I see bull in GBPUSD up to 1.261-3, not sure if I want to enter though yet, this pair has rocked me before.

Cable Update (GBPUSD)

Am long since yesterday at 1.1270. I think we see 1.1317 today before it settles for the weekend. If so, maybe possible gap down on Monday. ECB and Fed playing the waiting game, but I think ECB bit first on rate cut expectations. Not sure what this ...

EURUSD only

Oanda's open order book is updated half-hourly or so. I use that mostly to find imbalances for bad traders. I'm sure there are other order books available, sadly I do not have access to them myself.

Trading against the herd

Ok I see what you are saying. I agree the most important factor in determining movement is liquidity/cash flow. Thanks for your explanation, it will help in my cross market analyses!

PTZ Based on Volume Spread Analysis and Harmonic Patterns

Euro looking like it will continue to be weak, next week will be telling. EUR/GBP might be reversing, I don't think they're fooling anybody on where it's going for the next month especially with pound at such lows. Dollar probably needs a break so I ...

EURUSD only

Hi there, I am a little confused on the difference between futures and current spot rates on the 10-yr treasury. Are these simply inversely related bond prices to yields that you have posted? I am using this to better understand USD forex spot rates ...

PTZ Based on Volume Spread Analysis and Harmonic Patterns

Lots of sellers at 1.1270-1.1275. Just cleared the buyers at 1.1285, I think must go down to ~1.1265 before bulls are filled. Lots of sellers up top too at 1.138- 1.142, I think long tps but can't tell yet. Slow moving yesterday makes me ...

EURUSD only

Not a GBPUSD idea, but Forex.com on mt4 seems to be unavailable, anybody got any ideas? They used to contact me right away until I started to have issues with my spread and their funny business. Currently sell on EUR/GBP at about 0.881, waiting for ...

Cable Update (GBPUSD)

My apologies, I am in the same boat as you, the wording in one of your sentences confused me is all. GL to you!

Trading multipair triangles, no stoploss

Why cut and start again if that is the problem that I have? I end up cutting at losses instead of just waiting for the market to move in the direction it was showing instead of giving into fear. If properly managed, the risk should be tolerable in ...

Trading multipair triangles, no stoploss

I think he does it because he has the confidence to do so. I am currently trading without stoplosses and while it hasn't worked due to my poor risk management system in the past, cautious approaches between pairs can be used in my opinion. His ...

Trading multipair triangles, no stoploss

This pair makes me sick sometimes. All those stops, they just eat them over and over and over, but still are squeezing shorts. Who knows, this move could hold until the end of the week before support gives way, patience feels finite.

Cable Update (GBPUSD)

Take profit on 3 trades, collective 2941 to 2910. Reopen sell at 1.2908, looking for moves up possibly to scalp.

Cable Update (GBPUSD)

I agree. Only moves I see on GBPUSD are downwards unless DXY corrects. Either way I expect news to bring up to 295X or 296X before bears take over fully.

Cable Update (GBPUSD)

Neil0163, Been stuck at 1.2790 for almost a week. I almost caught it, took a nap, then came back and it moved up, I knew I should have just set TP at 1.2700. Will continue to be patient though and turn this trade back around hopefully.

Cable Update (GBPUSD)