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- summitfx replied Jan 12, 2007
My advice is to learn to be a professional trader utilizing technical and fundamental analysis and make smart trades based on research. Trading the news is really for amateurs and a game for fools at best. If anyone claims to make Big Money doing it ...
Hedging during the news
- summitfx replied Jan 12, 2007
So things aren't working out too well or am I missing something here.
Puppy's Breakout system~~
- summitfx replied Jan 12, 2007
Yes - Mr Monarch likes to keep the thread clean- my apologies!
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- summitfx replied Jan 12, 2007
It's been a while since I've seen such a tight range @ London. Outside of the the spike to .50 that cleaned out the stops it's been very tight.
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- summitfx replied Jan 12, 2007
Me2- We should have been shorting the Us/Jpy tonight. I'm up for the day- so I'll sleep well- cheers everyone-

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- summitfx replied Jan 12, 2007
The Dollar is definetly selling off so we should get our push but .80 area is a tough nut to crack
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- summitfx replied Jan 12, 2007
Nice work Monarch- I'm long too w/ tight stop. It seems like it's coiled up and ready to explode higher
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- summitfx replied Jan 12, 2007
That's tomorrow's news- Plenty of pip movement between now and then but that will certainly come into play for the bankers of London to ponder over yonder
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- summitfx replied Jan 12, 2007
I took the Gbp long earlier today at the pivot- 94.32 and took 38 pips so I'm happy to watch the action untill the London crowd shows up for work. OK I'll cool it on the charts~
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- summitfx replied Jan 12, 2007
I'm thinking that 95.15 ( the 21ma) is a slam dunk in the next few hours! Then again we could go down from here to 93.35 ( 50 ma) for the NY close tomorrow.
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