just curious but which wire are you looking at? Or where do you get these rumours from in general?

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

here comes 149 i think.

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

I just had a quick online chat with someone from Oanda and they have idicated that their platform is not changing in any way from this news.

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

Brokers could get out of this by moving their operations overseas though right? (out of jurisdiction of the NFA)

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

I don't know, but I bet someone here knows what he is up to? This is a great thread that he started though

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

I use the fxpro demo account every day. It is pretty good in general but the software sometimes disconnects on me. This could be due to the fact that I live in Australia and is far away from their servers maybe. But for me, I'm sticking with Oanda ...

Should I switch to fxpro?

Really interesting stuff. I'm really keen to see how things pan out Good posts and thanks for your responses

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

Yeah I saw that mini double top but for me that isn't a trade because I like to look for 'pivotal points'. Points where price reversed. If you look at the 146.27 level on the 15min chart, you'll see that price retraced down and hit that level and ...

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

Well it would have formed a double top on the 15min chart if it goes down to the 146.27 level. If you see a breach of that level and some good 'push' then there is a good chance for taking a decent scalp. You'd need to use approproiate risk ...

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

if it goes below 146.27, then there is a good chance that you'll get a decent retracement. No gaurantee that it will reverse completely though....

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

im staying flat. I don't want anything to do with this kind of volatility lol. i think there may be a shorting possibility on the gbp/jpy but i just don't like this big change in pa. some kind of intervention or something major going on. EUR/USD is ...

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

I don't know about 'serious problems'. I don't know why it spiked up so quickly during the asian session in the first instance. I figure that if it could spike up so fast for no apparent reason then it could spike down for no apparent reason just as ...

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

my short is a bit of a mess now...thank goodness this trade is on my demo account...(i'm experimenting with a new strategy)

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

hi Eulogy I was thinking the same. I couldn't figure out the reason for this major spike. no news that I can see and ofcourse Japan has a bank holiday at the moment. Sure enough London will be opening soon. (in half an hr). Could be people closing ...

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

nice trade...though i'd be so tempted to take profit now if i were in your position.

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

omg what is that bs move lol?--that just happened

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

i prefer watching grass grow edit: I'm going to sleep now. My trade is open as per the limit order that was triggered. Stop loss and Take profit values are set so that's good. (risking 1%) May the pips be with you

EURUSD

Interesting things you talk about there. I'll have a look and see if I can find the book as I have not read it. Thanks for the information, I'm always interested in the psychological aspects of trading

EURUSD

Could be and I may miss the boat...but thems the breaks for me. I am looking for approx a 1:2 risk to reward ratio.

EURUSD

Yep, no problem. The most recent highest high on the 1hr chart is = 4445 I'm always mindful of psychological levels, so if price were to go against me most likely it will look to breach the 4450 level. But how much it will breach it I don't know. ...

EURUSD