Well, it started moving up before the news. It's all GBP/JPY related. Guys, we really should keep an eye on that pair. When it starts moving the chances are the cable will follow.

Cable Update (GBPUSD)

Itme, do you see a complition of that down move to about 1.9400/9350 or there about before reversing for the last wave up ? I'd like to see if I'm on the same ? Thanks

Low Risk, High Reward Trading Experiment

I guess a proposal for a hike is as good as a hike

BoJ Rate Decision and Fukui speaks at 1:30 EST

Don't get me wrong - the market will be open but expect light volume on Monday throughout the day. Think of it that way - without US participating there might be some 'crazy' movements during the Asiain and European sessions and if you have a profit ...

Daily Cable Analysis

That's what's called Friday afternoon short covering rally. It's common sence - whoever was short and is in profit will most likely close his/her position prior the long weekend, hence bringing the price up from the current levels. p.s. Don't forget ...

Daily Cable Analysis

Hmmm, interesting staff going on here. No offence to anyone but since that caught my attention let's see if I can give an example of putting a bigger position on the table by risking the same as you normally will on a sigle position, which will ...

When to Take Profits?

Excellent work, Northpro. I admire you trading approach. It reminds me of an old phrase by Jesse Livermore which I sometimes forget : " I never made money by trading, I made my money by sitting tight "

WaveTrade

cable fundamental levels : offers : 1.9565/70 bids : 1.9485/80

Cable Update (GBPUSD)

Well, call it councidence or not but Oanda is doing a maintaince during the weekend. No one is able to access their acc, at least I can't , not until 10pm EST tonight so until then I guess we should wait to see if the spike is real or not. ...

Daily Cable Analysis

That's makes sence because cable usualy follows GBP/JPY. But I can't see any news whatsoever. Maybe G7 won't discuss yen wickness and that caused the big drop in yen.

Daily Cable Analysis

WOW, if it's not not a mistake that certainly would be a shock for a lot of people. Unfortunately I can't log into my Oanda acc now for some reason to confirm it but I'll check later.

Daily Cable Analysis

fixme1too, glad to see your system is working great. I'm a bit confused though, you said you have a long signal on euro and cable but I see you're actually short on the euro @ 3036. Did you trade against your signal or this is a typo?

My New System Based On Price Aciton

daman, it's all explained in the .doc file sharp was kindly enough to share with us

Ema-84 Only.....8415 - System

Well, it depends what you are refering to "stupid" risk. I stand to my opinion - in order to make a "killing" in the market you have to take the risk not to avoid it. In order to do that you there are coulpe of things you need to look for like ...

Why professionals "only" make ~30% anually

I've been reading through your posts and found some interesting points. But the main reason in my view why you won't find a hedge fund manager making 100% + return is the risk managment. Basicaly they get paid for avoiding the risk where we as ...

Why professionals "only" make ~30% anually

Another clue the downtrend is running out of steam is the CME futures' report on Friday showing drop of open interest. In fact the open interest has been dropping for the last couple of days which only means liquidating, maybe late longs getting ...

Daily Cable Analysis

WOW, if I'd bought @1.2085 I'd sell right now and go spend some money I think you mean 1.2985 and yes long it is

Greg's Journal

I second that long - so far it's been ranging in the channel :

Novice Elliott Trader

FX Sol increased their premiums as of today. This is something to be considered in my opinion when opening an account. If you are a short term trader I guess it's ok but if you're used to holding to a position for a longer time such as days or weeks ...

FX Solutions (FXSol)