Theres been strong resistance at the 1.9400 level for the last 2 months (roughly speaking the lowestest its been is.9360ish since January), its touched a couple of times and basically immediately(or near enough) retraced 100-200+ pips. I think we ...

Cable Update (GBPUSD)

Yes i did. I dont worry about holding trades for a few days or over the weekend.

Cable Update (GBPUSD)

Well I blew my account up today too 6 lots in at 1.9450 TP hit @ .9650! Now if i could do this every day!

Cable Update (GBPUSD)

I'm in the same mindset, its going to break out up! I dont see how it can't, everything points upwards. that said, anything can happen

EURUSD

A very wise man once said: So yeah i agree pip count is irrelevant

Pip Counts are Irrelevant

I been loading longs up since it started dropping 1.5575, .5525, .5450, plus a few that never got set 1.5400, .5350. I'm still looking for the .5700+ level and am content to wait for it. I beleive were still in a bull market and headed north still ...

EURUSD

I agree with you.

EURUSD

Im a firm believer we're headed north, added longs 4lots at 1.5575, plus set a few more 1.5500, 1.5550 though i'll be watching closely how the market responds over the next few hrs. Have to trust in the system Big Ben didn say a whole lot imo, so ...

EURUSD

I'm long at 1.5625 I'm thinking were going to range up into .57xx levels mabey test .5800. Cheers

EURUSD

I'm guessing Mr Trichet said something to cause this sudden drop. Anyone know what he said?

EURUSD

I'm a happy guy, all out now for the weekend image

EURUSD

I like to call this time frame the afternoon creep(cause its the afternoon for me), it will creep along in the direction it was going. IMO, i dont think you will see any kind of correction / retracement till the london session. Besides this upward ...

EURUSD

Based on what??

EURUSD

I trade only two currencies, primarily the Euro/USD and the cable. The reason i trade both the Euro and the cable is that i find i trade the E/U more frequently for an average of 40-70 pips, where as when i do trade the Cable it tends to be for ...

EURUSD

Its not even a 200 pip dip yet, so im still holding my longs, just placed another 1 (1.5431). Cheers

EURUSD

I'm looking for a retrace to the 1.5670 area, and i beleive it will consolidate between the 1.5670 - 1.5690 range before moving up again. Its hovering around the 61.8 fib level atm, so in my opinion going long between 1.5670-90 area is a good idea. ...

EURUSD

I'd imagine you are probably stopped out by now, sorry mate

Cable Update (GBPUSD)

Hard to say, as were in between major trading sessions. I'm to new to phatom a guess right now, but I've been short since 1.5621, so i'm content to watch it go!

Cable Update (GBPUSD)

Looks like shes starting to move! down we go

Cable Update (GBPUSD)

That is it in a nut shell in my opinion and basically how i am approaching my trading. I started small with $500.00 and traded 3 months before i added any additional funds to it. Basically i wanted to see if i could survive the first 3 months first. ...

Are micro and mini lots really worth it?