London fix now in 37 minutes. I've been short on EU since 1181, last week - should have taken it at 1100 but thought it was going down to 10xx. Ah well, we live and learn (I hope!)

EURUSD

Institutions balancing their portfolios at the month end - quite often pushing it up into the 4 o/c fix. Should be interesting to see what/if anything happens after 4pm.

EURUSD

You're probably right but I thought (hoped) that maybe someone had opinions on the historical data showing the recovery rates of the Pound or Euro from previously. When Britain left the ERM in '92 the Pound went from 2usd down to 1.40 but only took ...

EURUSD

At the moment, I just want it to break that 61.8 Fib line at 1127 'cos then it's possibly clear to 1064 - or maybe not

EURUSD

So, here's a question for you all but let me give you a bit of background first: I am currently +180 pips (over two trading platforms) on the EURUSD with a TP set at 1005 (SL at 1250) - great news. My sister is a retired Professor of English from ...

EURUSD

What a fabulous phrase: "chipmunk simple" I love it!

EURUSD

Wouldn't it be wonderful if that were actually the case; we could then point to them and say that the reason the EU economy is inthe toilet is down to deep political ideals. Sadly, it's not. The EU is run by and for a fantastically successful German ...

EURUSD

The theory is that money made from forex via a spreadbetting account (what most of us are doing, hopefully) is free of any income or capital gains tax as it is a bet and as long as it is secondary to your main income. The theory goes on that once it ...

EURUSD

Because, apparently, and I quote: " the strong headline was a mirage because all the key internal metrics were soft." Whatever the f*** that means! Anyone care to comment?

Cable Update (GBPUSD)

You're right, Don did have the numbers the wrong way round and it was an Ipsos/Mori poll for the Evening Standard which gave those results - 55% in v 33% Out - explaining part of the move in the GBP yesterday.

The Swamp

Bloody hell! The first coherent and sensible answer to the question and now Xela's membership has been revoked. Frankly who cares if, as has been said, "he isn't who she says she is" if his/her responses are thought out and cogent? I'm thinking of ...

Which countries are tax free for forex trading?

Because 'that crap' has made me over $700 in the last four days, that's why!

EURUSD

I suppose so, as supply ain't going down any time soon from the Saudis and demand doesn't look like rising in the short/medium term. Now just need to watch for truck drivers being laid off . . .

EURUSD

I understand the equation . . . I was looking for the 'big clue'!

EURUSD

True, so, on that basis, at what point are we likely to see the price reacting again? How do we, the great unwashed, know when the tipping point is, what is the trigger likely to be or the signs that we should be looking for?

EURUSD

[quote=Lavanda;8048235] Means it could 'flip' either way - up or down

EURUSD

If Demand, Storage and Supply, in various sequences, = Price, doesn't this suggest that the price has further to go down than it already has? Demand has reduced worldwide, Supply hasn't reduced and Storage capacity is reducing. Where's that likely ...

EURUSD

No, I meant for me - I'd be quite happy to get money from the banks now, pay bugger all and kick my particular financial can down the road.

EURUSD

FFS point them in this direction would you please Mr H!

EURUSD

Well, on the basis that I stopped admitting to getting any older about 20 years ago and started counting back down . . . yeah, you're probably about right. (Hasn't changed anything though - I still wonder who that old fecker is in the mirror each ...

EURUSD