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mclon replied Sep 30, 2014That right there is what's been bothering me. Because if they don't need the usd for bilateral trade why wouldn't they sell them for something else?
EURUSD
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mclon replied Sep 29, 2014China to start direct currency trading with euro China will begin direct trading between its yuan currency and the euro starting on Tuesday, the national foreign exchange market's operator said, as Beijing seeks to broaden the unit's global url ...
EURUSD
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mclon replied Sep 12, 2014If the bears are sneaking in I'm on the wrong bus as usual.
Cable Update (GBPUSD)
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mclon replied Aug 20, 2014I've been looking at this but I don't understand it, maybe you can. Most of the nearby volume are calls at 6700. But there is high open interest for puts at the same price. Expires Sept. 5 but I think this is an American option so it can be ...
Cable Update (GBPUSD)
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mclon replied Jul 24, 2014[quote=ZebraSquirl;7629884] So tempting, but I'm going to hold out for the .236 Fib at .8511: I think I'll do that too.
NZD/USD
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mclon replied Jul 24, 2014Thanks, good advice. I am recovering from surgery. This is my first chance to watch the LTF. When I get back to my job I'll stick to the HTFs.
AUD/USD
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mclon replied Jul 24, 2014Right, and: 1. no understanding of the market (gambling) 2. over trading (greed) 3. impatience/ lack off discipline 4. distraction ( trading throughout the day via smart phone while working) Been working at it for three years and starting to see ...
AUD/USD
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mclon replied Jul 24, 2014yes, reload at 136.7 btw, ive blown 6 live accounts so far. green pips m
AUD/USD
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mclon replied Jul 24, 2014Hi PA, One possibility for the spike is an unusual "FX swap" . "By swaps, I'm assuming you meant "FX swaps". FX swaps are generally cheap ways to borrow and lend but in the guise of simultaneous buy/sell or sell/buy transactions between a near date ...
priceaction1 journal
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mclon replied Jul 22, 2014Hi Pa, too bad about the thing that happened on TAF thread. I had just discovered the thread, I hope FTI will return soon. What do you make of the spike? image
priceaction1 journal