apologies - but thats just the silliest comment i have read for a while - how can you be a disciplined trader with real lots and real money if you cant teach yourself discipline on micro lots ? Its easy to be erratic with mini lots because the ...

Cable Update (GBPUSD)

i guess a lot of traders on this thread were expecting a free fall to 1.40 - that doesn't happen - not after a 600 pip day - retracement is normal market behavior and unless prices retrace it wont fall further with the same force as it did. Couple ...

Cable Update (GBPUSD)

for those wondering - only reason why EU is holding up is because of EUR/GBP and EUR/AUD buying - e/g in particular broken above all time highs and 200+ pips (400 pips in USD terms).

EURUSD

should you wish to use commentary from Trading Central - ask them first - else you will get in trouble - they have successfully sued individuals in the past who have plagiarized their analysis. Just thought i'd warn you in case you did'nt know.

EURUSD

i feel for you - and its a bad timing that you entered the market. Not having stops is all right - if you have a large account, if you are trading with the trend and if you are trading on a longer term - for a 30-40 pip scalp - you have entered the ...

AUD/USD Pls help me get out of this hedging MESS !!!

Sure hope you have a SUPER HUGE stop loss - end to the dollar rally as you want is not going to come that soon - the trend has been in place since july and there is nothing that will change it today or this week. Forget your fundamentals here about ...

EURUSD

dont think even they will know - they dont even know (full well i mean) what they are going to do - let alone currency markets

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

a.k.a BAND-AID (on top of a few other band aids put already - the last time they did huge pumping like this was when sub prime mess had just begun to unfold - remeber trichet pumping in 300 billion - et al .. see where we are now and all of that ...

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

if you are using charts from trading central - make sure you write a reference to them - they have legally sued (and won) people who in the past have used charts from trading central claiming to be their analysis (like you have).

USD/JPY Discussion

which part of it wasnt all that bad ? It was terrible and much worse than expected - the market is just jittery at the moment - 3 months back when it was trending - news like this would have thrown the usd off by atleast 80 pips - but not now - most ...

Cable Update (GBPUSD)

mate - nice comments - have been harping along the same lines here for a long tim e- there arent any takers - still i understand why you are compelled to warn - i do too and unfortunately ... we know the rest

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

i am not malcomb - but i believe its good for the US - cutting rates is no solution to their problems - they need a stronger dollar to get out of this rut ... so from a longer term perspective its good that they arent cutting rates for now.

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

I am from Australia as well and seriously mate - we are no where close to as bad - yes its affecting us because of liquidity drying up - but we are not doing too bad. matter of fact the only 2 economies (developed) which i would say arent doing that ...

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

if you look across markets - fx, commodities, stocks, cfd's etc - you will see general selling across the globe - americans are selling off their positions and repatriating money - i.e. buying USD - thats one reason and the other one is there is a ...

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

UJ strong resistance at 103.20 or so - 50% fib level - if that resistance hold - it may put a little brake to the run down of the crosses

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

look at the weekly (for swing / trend traders) .. nothing can be more technically clear that its going to go down - doji, hanging man formation - classical text book example.

USD/JPY Discussion

President Bush will speak on financial markets at 11.10am ET (15.10gmt). - THIS SHOULD BE GREAT FUN TO HEAR - WE ALL KNOW HE IS ONLY A LITTLE BETTER THAN HOMER SIMPSON WHEN IT COMES TO TALKING ABOUT THE FINANCIAL MARKETS - I HOPE HE DOESN'T CALL ...

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

You wont know till wednesday NY close which is a better position. If i were a new trader doing this - i would probably close both positions, take a loss - go and sleep and not trade for 2 more days till i was sure of the trend. Oh yes - and i ...

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

yes eventually - but by the time "eventually" arrives - most traders would have blown their accounts. i agree with fibs, ta's etc etc - matter of fact if you look at my posts - when GBP/JPY was at 204 - i had called 188 and taken a trade. today is ...

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

I TRY NOT TO POST TOO MUCH - BUT I AM COMPELLED TO - AND THIS IS FOR PEOPLE WHO ARE CONFUSED WITH THE DIRECTION - JUST LIKE 99% OF OTHER TRADERS - The markets are extremely volatile and directionless - all are looking at Lehman solution. Going by ...

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