Curious how much market correction will affect gold when it comes — yeah I'm long gold to from 972 targeting 1300. It looks really bullish from a technical perspective and the fundamentals are there. However, I'm curious what the effects will ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

If we close the week below 150. We are going down to at least 140 on a double top projection. So I'm waiting to see how it ends the day.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm waiting till $1300.

Auslanco - GBP/JPY and GBP/USD (newstrade)

just 284 more $ per oz. to go

EURUSD

gold — gold at 1016.

EURUSD

Short strangle strategy — I sold a put @ 149.50 to expire October 15th. I was payed a premium of 290 pips. I'm going to look to sell a call when price action is near 153 for about the same. I figure if we get a daily close below 149.50 or ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

yes strenthen lol. I love days where my profit targets are met.

EURUSD

Gold on the way to 1020 next I think. — I think Gold is on its way to 1020 next I think. Its 1007 at the time of writing. Euro should continue to weaken to 1.47. In addition, a strong finish today in equiuties and we'll have a breakout on the ...

EURUSD

Of course Forex isn't random but nothing is a sure thing — 5% is an amazingly small percentage of money to lose in a randomly moving market... your statement further confirms that forex is a sure thing and is predominontely controlled by ...

EURUSD

Ingenious — Wonderful idea.

Cash & Carry (The "Perfect" Hedge) Open Thread Discussions

FX concepts down 5% this year. — I wonder how the big banks and large forex investors make their forex moves! If there is no sure thing (i.e. random movement), it means that these guys must loose huge amounts of money since they invest ...

EURUSD

End of forex update — UN wants new global currency to replace dollar The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War. ...

Nicholas Sarkozy could be the end of Forex

Interesting Obersvations — All this week we have received good economic data which includes but is not limited to the following 1. Strong retail sales out of Canada 2. Strong increase in Industrial orders out of the eurozone 3. Above ...

Maxsmarts Trading Journal and Discussion

Profit was taken at 156.17 — I had further computer problems but I am now typing on my new comp which is something to be excited about. Profit was taken for a bout $2,740.

Maxsmarts Trading Journal and Discussion

End of break — I took a break after my huge loss on the GBP/JPY of about -$5,500. But its time to get back into the game. I am currently long on the GBP/Jpy @ 154.34 with 1.6 standard lots targeting 156.17. Then I will short at 157.20 to ...

Maxsmarts Trading Journal and Discussion

155 for me. — My stop loss is a close on the daily chart above 155 which makes up the neckline of Head and shoulders for the pound yen. risk to reward ratio about 1:2. I think a move above 153 could negate the downside. However, I don't want ...

Maxsmarts Trading Journal and Discussion

video link — url

Maxsmarts Trading Journal and Discussion

Head and shoulders. — I thought you already had an options account. If you traded it spot you'd probably have to use a wide spot loss at this point if you entered now. Your stop loss should be at about 153. Only a close above this level would ...

Maxsmarts Trading Journal and Discussion

Short here on pound/yen — Getting in short here at 149.58 on the GBP/JPY. Target is 140.

Maxsmarts Trading Journal and Discussion

It may stop short or go longer. But that is a reasonable target to start off with and adjust upon current market conditions.

Maxsmarts Trading Journal and Discussion