UK debt as a proportion of GDP is higher than US or the eurozone. The US bail-out hardly effects this ratio. I can see no way that UK will do the same. Pound and euro are going down, then eventually market forces will sort out the mess, as they ...

EURUSD

yes, I sense ECB hawk is mutating into a dove very rapidly.

EURUSD

strange, when I draw the long-term trendline on W1 there is a clear break downward.

EURUSD

I'm anticipating a reasonable sunday gap, which should have a high probablility of closing given the uncertain nature of the bail-out's effects on the dollar in the medium term. Putting a sell limit a few pips lower than the opening price, if there ...

No Brainer Trades

I'm not quite buying that as a descending triangle. The first rise doesn;t even touch the upper line. I do agree on heading south though....BIG STYLE.

EURUSD

well, I'm now convinced after todays pa that euro has broken the long-term TL. ECB should be dovish for at least a couple of years now, one or two more EU banks may fail. My target is the 50% retracement since 2001 at 1.22 zone. It'll take some time ...

EURUSD

short swissy at these levels with tight SL around 1.4150

No Brainer Trades

remember "buy on rumour, sell on fact"???? actually, anything could happen, so a straddle strategy may be the best approach, although staying well clear of the market will probably be the overall winner!

EURUSD

long-term trendline is perilously close to being broken so holding your long is risky, any further fall could be very steep. I'd cut your losses if I were you but you have to make your own decisions and be wary of what is said on bulletin-boards.

EURUSD

anyone seeing a short opportunity in GBPCHF? It's now bouncing off a big resistance area and nearly a nice DTL.

No Brainer Trades

Ok having been one of those who asked an annoying question earlier, for which I apologise.....all the answers are within the thread. don't get too pissed T101!

Simple Trading Method with trader101

OK my profit calc has just switched to long. question is, how long to leave it before taking the trade? i kmow you recommend watching for a bit as it flits around. yes, there it goes back short again: love it. I'm going to reread the thread for 3rd ...

Simple Trading Method with trader101

well I see buys moving up, so doesn't that mean go long all pairs???

Simple Trading Method with trader101

hello all, new to this thread and have spent the last 5 hours reading through it, now somewhat dazed. The logic is the most beautiful of any system I have seen. So correct me if I'm wrong, but would long eurchf be a valid trade right now, since it ...

Simple Trading Method with trader101

undoubtedly a gap tonight, but the big question is whether it'll be closed or not this time tomorrow.

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

swissy gap not closed yet, may be a bit late but could be some more USD strength coming up today.

EURUSD

only way I see the monthly being within trend is to draw the TL to the current monthly low, which cannot be seen as a valid TL.

EURUSD

LRC and a (badly drawn!) TL shows a clear break on weekly chart at least.

EURUSD

well EUR has decisively broken a 3 year trend line (look at monthly chart) so any long positions are very high risk IMHO.

EURUSD

Lol - you just don't get it do you? nvm.

EURUSD