If they keep rate at 0.5 will it have effect either way? Have read on a few sites that they may even shock teh market by dropping the rate... I would assume that would be very bearish at least short term for this pair? An increase (though very ...

Cable Update (GBPUSD)

I look for opportunties on most pairs as long as spread is 4 pips or less. My main 2 pairs are EURUSD and GBPUSD. Other pairs I am still trying to get a feel for and seem to take more losses than wins at the moment. I have been trading live with ...

Prez Forex (pres78) Trading Journal

So far this week I am up 108 pips. Had a trade today that I had a TP of 30 pips with a trailing stop of 15 pips. I bought EUR/USD at 1.3874 with a TP of 1.3904. I set a trailing stop as I had to be away from my computer of 15 pips. PA went up hit my ...

Prez Forex (pres78) Trading Journal

best german factory orders for last few months...

EURUSD

Pennant forming with PA on the 30min and 1hr charts.

Cable Update (GBPUSD)

Yes I wonder if Asia session later will play out the same way Monday did after that long slow NY only creep to a new daily high...

EURUSD

This whole week should continue to be quite interesting...

EURUSD

It hasn't closed under yet...

USD/JPY Discussion

Weekly R1 at 5926 could provide some resistance. (Time will tell). After that 5994 Daily R3...

Cable Update (GBPUSD)

Thanks... been a good week so far. Much left to trade though. Big day on Friday with NFP.

Cable Update (GBPUSD)

There goes USDx 78 level.

EURUSD

Out with 48 pips for the day. Good trading everyone.

Cable Update (GBPUSD)

Yes I see that now too... the rate is forcasted to actually go up. Thanks again for all of your replies.

EURUSD

So if the US actually gains jobs as forcasted (would be first time since June) even if only a few could be quite bullish for the USD as QE could potentially be delayed further?

EURUSD

understood... I still struggle to understand when good US data will help the US and when good US data will help the EUR.

EURUSD

And what short term effect would that have? Help the USD or hurt the USD?

EURUSD

Do you see price closing over 1.59 anytime today?

Cable Update (GBPUSD)

US PMI is forcasted as positive and better than last month but forcast is still the second lowest reading since February (only better than last month) if forcast plays out. This does not really show improvement per say but maybe stablization since ...

Cable Update (GBPUSD)

OK, thanks.

EURUSD

great thanks so much.

Cable Update (GBPUSD)