I am not saying they would change their decision just to profit on their own. I am simply saying that knwowing what the decision is before anyone else can be very profitable...

Cable Update (GBPUSD)

Hey I was wondering: do members of the rate cut decision making have any restrictions from trading Forex ? They could always make a killing if they wanted to....

Cable Update (GBPUSD)

I already lost 80 pips in two separate trades in this "chop-chop" madness of the last few days, I am out until this rate decision comes out 'cause it is obvious that people have not made up their mind on where it stands....why even bother New ...

Cable Update (GBPUSD)

I guess it depends on the basket and how familiar you are with it. I only deal with GBPUSD 'cause I know how it moves. The others move too crazy IMO and are too unpredictable.....except maybe stuff like USDCAD or AUDUSD or EURGBP...other than that, ...

Cable Update (GBPUSD)

"To be considered a Fibonacci retracement the price must stop at the exact level." Well, good luck finding anything that stops exactly at a specific level my friend. Obviously that's not the case, otherwise we would all be millionaires by now. ...

Why Fibonacci Retracements are Bullocks

Just a coincidence ? — I like Fibos. I do not thing they are useless, not at all. Just take a look at this 1HR chart of the GBP/USD. Obviously, as you can see, you have to use retracements, fans and curves to have a better idea. I circled in ...

Why Fibonacci Retracements are Bullocks

LOL, didn't a report say that a rumor suggested strong CABLE buying today ?

Cable Update (GBPUSD)

No offense, but it is grammAr, not grammEr. I am just saying...

Cable Update (GBPUSD)

Do you guys think that eventually they'll put restrictions on leverage and acct minimums ? I hope not

Series 3 Qualified

That is true. Although I live in the US I am 100% Italian and lived in Italy until I was 18 (I am now 25). Since I was little I remember my father telling me he was buying dollars back when we had the Italian Lira and it worked very well for him in ...

Series 3 Qualified

I am taking the Series 7 and even though it only covers Forex in the form of options (very interesting BTW), IMO it gives you a better understanding of how investing in general and its strategies work and expands your finance knowledge. Forex is ...

Series 3 Qualified

No, because a million dollars would just be that, a million dollars. A million pips can be whatever you want it to be, depending on how much leverage you are using

Cable Update (GBPUSD)

Thanks a million...pips !

Cable Update (GBPUSD)

I like that, active comments are good to have. But can't I just get their news without opening an acct with them ? And BTW I appreciate you keeping us updated in here

Cable Update (GBPUSD)

No no, I got in at 724 and sold at 805. Target might be the next fibo at 860 or something, but we might get some range movememnts before it gets there, AND, most importantly, housing news comes out from the UK which can really mess it all up and ...

Cable Update (GBPUSD)

Tim, where do you get these comments from ? I like them....

Cable Update (GBPUSD)

I sold at 805, got it at 724 and got scared to death when at one point I was under 50 pips, but all signals were good and I stayed in.....

Cable Update (GBPUSD)

Seems to be holding well at 800. I wonder if it wants to go to the next fibo around 860..... I wouldn't be surpirsed if it ranged a little for a few hours before making up its mind.... There's UK housing news at 2am tomorrow to take into ...

Cable Update (GBPUSD)

I see. I sold for a 81 pips profit. I can hardly believe it since for most of the morning I was down 50 pips. Then as soon as I saw the "big picture," the pennant on the daily chart, I knew I might get some luck.

Cable Update (GBPUSD)

It is strangely quiet in here after such a big move......I hope not everybody was short

Cable Update (GBPUSD)