I've been doing gold and silver swaps for about a year now- but only using physical metals. It makes a pretty decent profit. The ratios interchange on a pretty infrequent basis though. I've considered using the same strategy trading online but my ...

Arbitrage

I think whatever they saw must've been a mistake.

Cable Update (GBPUSD)

I don't think Americans are biased towards dollars nor are Brits biased towards pounds. We're all biased towards making profits, whichever currency that might entail.

Cable Update (GBPUSD)

This is a great post. I knew some of the basics of the way our fiat currency system worked and you've added some more nuts and bolts for me. It seems to me that if we would abolish the Federal Reserve (private banking cartel) all of the issues lined ...

Gold Discussion

1:20 (EST)- Cable @.9564.

Simplicity is the Key

I'm in on the NZD/USD trade. Just went into profit. Sweet.

Simplicity is the Key

As a matter of fact I do.

Simplicity is the Key

Glad you said that. I didn't want to keep chiming in on your thread and thought I shouldn't have after I posted it because this is really about your calls and I'm most interested in seeing those. I'll sit tight now and only comment and ask questions ...

Simplicity is the Key

You're very welcome. I don't know about the other currencies but the pound opened several pips up from last week's close. I'm currently long on it now.

Simplicity is the Key

Hi ikimashu- Just using daily candles- opening the trade at the close of Thursday- open of Friday candle- usually 0000 GMT for most brokers.

Simplicity is the Key

84 easy pips- setting the up the trade and walking away. There were 129 pips on the entire move that were on the table if a trader stayed with his charts and closed on candle action.

Simplicity is the Key

Hi Trader101. Good thread you have going here. Something you may want to consider when trading GU on Fridays- going back to June of last year GBP/USD has been confirming the Thursday trend nearly 80% of the time- and the trend is strengthening. In ...

Simplicity is the Key

LOL you're welcome, but I don't consider myself experienced yet. I learned this lesson right alongside of you. I wish I could hang around for your AUD trade but I'm closing up shop for the week- headed out of town. I do look forward to seeing ...

Simplicity is the Key

I took your initial short signal to heart last night- entered when the price hit 1.9693. It commenced upward for much of the evening but you can see where 1.9720 is like a brick ceiling for cable. It started dropping back down about the time I ...

Simplicity is the Key

No biggie. I would count that loss as "tuition". You'll know better how the price behaves around GBP interest rate announcements next time. I think usually interest rate statements come out as forecast- and then whatever the market was trying to do ...

Simplicity is the Key

I sure did. Just woke up to see it. Thanks bro.

Simplicity is the Key

usdchf 1.2456 I got in @ 1.2423. Set my TP @ 1.2473. Lookin' for fitty pips.

Simplicity is the Key

sorry...i double-posted.

Simplicity is the Key

Yep. I traded the swissy with ya. All good, ain't it? 1.2435 currently.

Simplicity is the Key