Thought .8300/20 area would have held this morn but market got spooked by GDP. On top of that we have more USD buying across the majors. Talk of more rate cuts by economists has applied the sword to the bulls. Bearish sentiment is deeply entrenched ...

AUD/USD

I dont know who said 95% all traders fail ? Fail at what ? Losing money ? Well 100% traders lose money. There are no set rules in FX. Each persons makeup is different. Some are scalpers others are position takers. Some rely on technicals,some on ...

Why 95% Of All Traders Fail

If you are doing that type of volume, you will need a professional platform with a prime broker attached. HotspotFXI.com will be able to assist.

BIG MONEY trades which bank/broker etc...

Personally I like to see a platform thats not manipulated by price makers, has depth of volume, tight spreads and is easy to use. If brokerage is your concern at $30USD per Million you are still playing in the sandpit and FX is probabaly not for ...

Market Makers & ECN’s, Is the grass greener?

Nice move for the USD bulls last night. Market seemed like it was short USD across the board banking on a hurricane disaster.The only ones who seemed to be blown away were the USD bears. Choppy sessions ahead as many mixed signals coming from ...

AUD/USD

As expected the RBA cut by .25%. Major banks have dropped mortgage rates by the same margin. Initially the market bought AUD and seems like its finding resistance at .8530ish.I expect some heavy washing between .8475 and .8540. Market is starting to ...

AUD/USD

Good old GBP.. Many try and buck the trend and get bucked. GBP has SELL written all over it. Buy it at your own peril. Would rather sell the rally as the UK economy makes Gustav a light breeze.

Cable Update (GBPUSD)

You could be right. Market does look heavy though. Latest trade data supports a strong AUD. Why? Many have been complaining about AUD strength having impact on exports.Latest trade data doesnt support that. A weaker AUD will be inflationary and ...

AUD/USD

There are some large cross plays being transacted at the moment We first saw GBP/Yen sold then GBP/Eur bght. The market is murky and experience says if you like to get whipped then play if not wait for the clearer signal. Good luck Im off for a beer ...

EURUSD

GBB/Eur being bght

EURUSD

Alot of big cross plays going through.

EURUSD

That was early europe testing the downside... we may look at the highs now

EURUSD

stops moving in above .8700

AUD/USD

not sure... keep your eye on the AUD for a spike..

EURUSD

more like they heard happy hour and ran down to the pub

EURUSD

No mate its only 3.00pm here

EURUSD

Nice trading.

EURUSD

You never know your luck in this game. Stick with your plan Stan. Imagine if you cut and run and news came out supporting your view. Thats a double wrist slash. Hang in there

EURUSD

How are you measuring volume ?

EURUSD

Im not sure about trends but I think this has certainly caught the market short. Inital res shud be ard .8670/80. Feel many are averaging into this area with hope of a pullback. I think buyers will come in ard .8630/40 if any retracement. Failure to ...

AUD/USD