This has got to be ultra USD negative next week. On that note, I prefer to buy on dips.

Cable Update (GBPUSD)

I hope its not a short orgasm. Girls dont enjoy/like it. Sorry, I cant help myself.. Enjoy the pips!

Cable Update (GBPUSD)

Beginners like the higher leverage. Personally, just dont blow your $5K account trading 10 standard lots. In my book, leverage has nothing to do with risk. Risk is associated with the number of lots you trade. Only the mathematically challenged who ...

200:1 or 100:1 ?

10000 (Ten Thousand) new accounts in a month ? I highly doubt that! FXCM is far more popular than FXOPEN and FXCM dont get more than 10K of new accounts a month. How I know that? I compare account numbers of traders who opened live accounts! I ...

Issues with FXOpen

Looks like a video game! What were they thinking? Attracting the 12 year old PlayStation/XBox kids to trade?

i want 400:1 or 500:1 leverage with metatrader platform

I agree (and with my money where my mouth is), that BoJ will intervene to keep USDJPY high inspite of the impending CNY appreciation... A high JPY would surely crush the JP economy. They have tasted that in the 80s; they are not stupid to make a ...

Say, about that unwind...

Someone already asked NF about their Belize/Cyprus and had posted in this forum the story. Basically, NF answered that they chose to be in Belize/Cyprus in order to accept clients from more locations. If they chose to be in a particular location, ...

Is Cyprus another Belize?

There is huge nervousness in the USDJPY camp. Possible repeat of Oct 7-8, 1998 when USDJPY dropped 2000 pips. There is talk that option players are lining up to cover exposure (ie sell stop). if 108 is hit, it would be a free fall to 105 and 103 ...

Cable Update (GBPUSD)

Now it broke 109.15. Problem is, its long US Thanksgiving weekend ahead. In such thin market, we could see wild price actions by the manipulators.

USD/JPY Discussion

All this Financial Credit Crunch is not the result of the 17 consecutive rate hikes by Ben. It is rather the result of the Bank's ultra BAD investment decision to lend money to cant-afford home owners. They approved loans to individuals who cannot ...

Why would the fed lower rate?

I believe TTN erred. It should be "undervalued"... So we are heading for a long US weekend. I am not sure what the above text implied. CB to interfere to bring what up/down? to bring EURUSD down? / up? to bring EURJPY down? / up? to bring GBPUSD ...

Cable Update (GBPUSD)

LOL!

Brokers offering interest free account

Shit happens. Ive made several huge losses this month. Went long GBPUSD @ 2.07xx for a TP @ 2.0850; price went up a few pips to my TP then all hell broke loose it dived down hitting my stop at 2.0650! One thing I forgot was to move the stop to ...

BAD November?

Im looking to buy on every dips too. I m waiting for 109.15 but it fails to get that low. Perhaps I should just buy at 110 and every 50 pips lower. Where would you start buying USDJPY?

USD/JPY Discussion

All the crap NFA regulation dont give a hoot to the security of any money you put on any NFA regulated brokers so what the hell is regulation benefiting the trader? For example, I have money at UGM and 1world. No where could I get it out even with ...

North Finance any good broker?

No one can predict where GBPUSD will go other than those who have about GBP 10B to manipulate the market like Soros did last 1992. But perhaps, in these day of age, I bet one needs GBP 50B to achieve the same feat.

Cable Update (GBPUSD)

Actually, only brokers that posts our orders directly into the interbank would love you to scalp as much as possible. If I open/close 100 x $100K positions everyday, I am giving the broker 100x more business than someone who trades only once a day. ...

Anyone been banned from Oanda for Scalping

I have a Live Account with them but never funded it after I had a conversation with Ross I believe is the name of the rep. I specifically told him that: 1. I am a USDJPY trader taking only LONG positions and hold it should it go against me. I may ...

ODL Securities