Well, I think 1.64xx lies too far in sight. In my opinion cable could touch 1.6000, but not sure it can break/keep there. Tapering talk is a little BS but market reaction is strong and I suspect the rhetoric will come in full speed at mid September, ...

Is Sterling’s 8-Cent ride near completion?

Completion is a strong word, but correction might occur next week or two. Possible lows are 1.5350 - 1.5400. I would not emphasize too much on Carney's willingness to "bring down the pound" at any cost...he is a man know for surprises :-)

Is Sterling’s 8-Cent ride near completion?

Well, so many others are too (swing traders that use really small percentage of their capital) - this doesn't give anybody right to act "head over heels" and mock/insult/troll at the forum participants. The man just shares his experience, he got ...

USD tumbles although no fundamental news being attributed to the moves

Spreadbetter, not everyone here is 1k account trader and wants to get millionaire in one year. I'm happy with 25% per year. From 250k this consists a nice load of cash.

USD tumbles although no fundamental news being attributed to the moves

Spreadbetter, sorry to say that but "someday you will get big loss" is a poorman advice as "take no risks, save your money, keep them in the bank". So what - he will get like 20-25% loss once in average 36 months, while he was pumpin almost 100% per ...

USD tumbles although no fundamental news being attributed to the moves

Well, whatever fancy names they call these "programs" they are essentially money printing and thus reducing the western countries middle class standard and wealth almost exponentially. In 10-15 yrs the gasoline in USA will cost 8-10 dollars per ...

The Fed's "2016" Problem, Or Why The Taper (Non) Announcement May Just Be A Sideshow

If H&S can't do it - we will try with Dove :-).

Head and Shoulders in S&P 500?

No worries, when the experts screw up, the deposits will get .25% less annual gain and world will be perfect again. That is why I keep only the minimal cash I need in my personal and company accounts and use banks only for safekeeping and transfers.

EUR/USD: 'Bye Bye Decoupling, Bye Bye Forward Guidance' - Commerzbank

Hehe, nice. Nothing wrong with fat-finger-trades as soon as they do not point that finger in my trading a...:-))))).

Fat-Finger Trade Behind Shanghai Surge?

Well, I honestly can't understand why some think there is a connection between year to come of EZ recovery with the E/U price this or next week :-).

Europe’s False Recovery

Maybe, spreadbetter, but I definitely agree with the viewpoint to avoid what crowds are up to - or if it not clear, to wait a bit.

USD tumbles although no fundamental news being attributed to the moves

simongraytrader said it correct - wide S/L and small positions is the way to profit. I could add - avoid to buy high and sell low - but seems 90% of people do exactly that mistake. The reason to avoid is very simple - when you buy low - your profits ...

USD tumbles although no fundamental news being attributed to the moves

Hah, my simple observations are that when traders followed the crowds and get burned the opinions like "hahahha, crazy market, it is all due to robots and hft, data is manipulated, no way things are better" start to pop-up.

USD tumbles although no fundamental news being attributed to the moves

Simple reason enough is that all crowds - retailers, corporations, small financial institutions are loaded with long positions on USD - so it was time the big fishes to collect.

USD tumbles although no fundamental news being attributed to the moves

Seems that sellers did not get tired to loose by hard shorting the cable last 3 weeks :-).

UK Retail Sales, July 2013

Well - what to expect - half Europe was 45 yrs. under communist regime where "The Party" was taking care of people (all employed, but low standard of life), and the other half of Europe left socialist and populist politicians to rage-rule last 15 ...

European Recovery Means Little for Jobless Generation

I'm watching...:-). Thanks for the advice! :-)

3 Numbers To Watch: UK retail, US NY Fed Index & ind. production

Better use simple charts - candles and min/max.

Should You Be Using Lagging Or Leading Chart Indicators?

With all due respect, but I know from experience that Japanese lie for everything when it comes to their own interest - from regular businessman to the PM. All "honor" crap they sell is only when it benefits them.

Japan government spokesman: No truth PM Abe instructed corporate tax cut

If they shout it to deny it, if they are japanese - it is 100% truth.

Japan government spokesman: No truth PM Abe instructed corporate tax cut