Time to go short is coming soon; i'm waiting a spike upwards to get good prices to get in. No much more way to see economic surprises in UK, while time for Canada is coming. Great risk reward ratio inside, but still too early to get in. image

GBPCAD

It would be great if that happens, but there a some fundamentals to take into account. I've read here and there that China -large US debt holder, hence US Dollar holder- might need to sell UST to fix or at least mitigate it's credit mess, which is ...

USD/JPY Discussion

I think that is debatable. Retailers usually are excellent in fighting trends and blowing up accounts, and usually when massive retail margin calls come the more likely a bottom/top is to happen. IMO it is a good contrarian indicator, but to be ...

Cable Update (GBPUSD)

Theres no need for intervention. Market will form a support itself at 1.20 -if the price someday goes that low, which i doubt-, SNB doesn't really need to do anything. Just in case things go really insane they might do something; but things don't ...

EUR/CHF

This is a great thread. I will contribute to it in the future.

Trading Game System Discussion

Short term slightly bearish; for the end of this week I'm short @ 0.85400 just as price was rejected when trying to break the channel and going up for testing weekly highs, failure showed bullish weakness and probably further profit taking ...

NZD/USD

Guys, this is awesome stuff. I jumped in long aiming for 0.84400. image Guess what? Momentum is biased upwards.. you could argue that we are close to multiyear highs, that there's huge resistance up there... totally true but...; image Retail ...

NZD/USD

Thanks for the advice EatPIPs, anyway I usually don't place stops for these kinds of scalps in order to not get stopped ot by market noise, but when swing trading I always place them. Secured sl now and aiming for 1362.60. We are finding some ...

Only Gold!

Im short for the pullback; anyone aiming to 1360 like me?

Only Gold!

Sure, send me a MP and i'll share them with you.

Cable Update (GBPUSD)

Stoch + KSTX overbought on H4 + Top of bullish channel > jumping short on the short term looking after a correction before attacking ++1.39. EURUSD gonna need some great impulse to jump definitely to those levels. Ideal target: weekly pivot (red ...

EURUSD

I see a really really clear spot to short this pair. Canadian dollar is reverting a bit to the mean pushed by i) double top in this pair & overbought levels and ii) EURUSD may be facing a top, as unable to break 1.38. Easy play as investors take ...

EUR/CAD

Hey PhAnti, I downloaded your books, both pI and pII, will give you a a review as soon as I finish them. Glad to see young people involved in this world (21 here too). All the best.

''Trading Price II'' by PhAnti - have fun

JeremyWS im just wondering why the market opens at 18GMT. Is that Tel Aviv thin trading session on Sundays? I mean, I'm aware that in fact FX never closes, that big corporates still deal on the weekend as FX is an OTC market where a deal can be made ...

EUR/CHF

For me all JPY pairs are bullish, especially USDJPY, since the last FOMC meeting and faster taper talks we could expect stronger dollar, despite talks of US Macro data slowdown. Next days of data will be crucial for the near short-mid term trend, ...

USD/JPY Discussion

The play is clear on cable, british pound is on extreme oversold levels, all indicators pointing downward momentum, could correct to 1.64-1.63 area. image

Cable Update (GBPUSD)

For me there is a good buy opportunity right now. Divergences + double bottom; so downtrend line test at least and maybe a break upwards. First important area is 0.83 image

EUR/GBP - What a great pair to trade!

Dear xannt, where do you get this kind of information? Would be interesting to know. Thanks in advance and happy trading.

USD/CAD