Guys I could be saying here that I'm bullish to 2.0 or bearosh to parity but it makes no difference any more. There will be no £ before long so why don't we just end this thread now?? Does Germany honestly believe Britain Will drop the pound as its ...

Cable Update (GBPUSD)

Added Another 1 lot (100,000 units) here at 60, bringing total to 2 lots, Stops under previous lows, Good R:R, Im giving it about a 50% chance of success, technically looks good, fundamentally not so good so we'll see.

14 Year Old Forex Trader's Lessons

Ok earlier I said I was long EUR/USD, Currently I've a small amount open total about 100,000 (1 lot) but I've added at 60, daily Doji, and oversold daily, would be ideal timing for friday rally. Stops below previous lows.

EURUSD

Hey all, Just posted in EURUSD thread but I thought I would post here as well. I reckon we may see some upside to EUR through the coming trading days, Downside momentum has slowed, daily looking to bounce and fibs are good targets.

14 Year Old Forex Trader's Lessons

Euro Could get Bid up quite strongly over the next few days. We've seen a stalling momentum to the the downside couples with H4 stochastics showing we could bounce. 23.6% fib lies at 1.3615 and an equi distant down channel shows top side could ...

EURUSD

Not instaforex, They're good for one thing and that's there requent contestts. Over than that they are pretty poor. Oanda is as good as any with 0.9-1.2 spreads from london-new york, amazing execution and MT4 now. If you really want ECN though go ...

Any ECN broker reliable?

damn, My birthday is 13th of September.

14 Year Old Forex Trader's Lessons

yeah maybe soon, just clearing my head after a 20k lost, just on a bad run so won't be trading for a week or so.

Real Fx traders do not use stoploss

Not to bothered only lost 20k could be worse, atleast i've learnt my mistake about trading on my phone at school for 1 pip during break, but hey, i made a mistake. Im only human.

Real Fx traders do not use stoploss

Seriously USE STOP LOSSES. I use to scalp for the 1-5 pips with stop loss at margin call, I had 100% hit rate for a long time, My system was good enough to use with a 15 pip stop and I'd still get 75-80% wins. Recently on this rip your face rally in ...

Real Fx traders do not use stoploss

Well if this thread is gonna die for awhile, I'll return n the 29th aswell. Good luck trading y'all. Jeremy.

14 Year Old Forex Trader's Lessons

Buma, Completely agree, you can't get obsessive over this. Take a break, enjoy life. Jeremy.

14 Year Old Forex Trader's Lessons

Haha, Well i still have some shorts from 1.0350 and 1.0260, my av price is about 1.0280 through my pyramid shorts but im not sweating at all. We are gonna fall after they realize that 2Trillion isn't gonna work. We bounced off the trendline just ...

14 Year Old Forex Trader's Lessons

Added more shorts here.

14 Year Old Forex Trader's Lessons

Hey all, Just to say still holding shorts on AUD and NZD, Just added some more (1 lot on each) and this H&S is forming nicely. Break below 1.01 on AUD should exose parity quite nicely, therefore my TP's are there. But crucially I am still bearish ...

14 Year Old Forex Trader's Lessons

Yeah looks good, I might give a go. Jeremy.

14 Year Old Forex Trader's Lessons

Buma, You trade silver right? Its very close to a trendline from the lows at $26 and could provide ~$1 bounce. Just in case you didn't notice it (you probably did though) Might put a small (500-1000 unit long) on XAG/EUR Jeremy.

14 Year Old Forex Trader's Lessons

That looks like a nice set-up, I use to love Cable but Aussie is now my favourite pair (behind E/U) it plays nicely along with Techincals and is high yielding so can have some nice directional moves (1000 pip move in 1 1/2 weeks). And if you catch ...

14 Year Old Forex Trader's Lessons

At trendline now. could see a bounce here and now if ever.

14 Year Old Forex Trader's Lessons

Sure, Here Is Aussie, where I plan to sell bounces. Pretty simple trading, trendline nearby but as I said quite steep so shouldn't be too bad to overcome. H1 oversold and bounce before sell to 23% fib then H&S may form and I'll Sell a bounce at ...

14 Year Old Forex Trader's Lessons