Cable imminently starting to test key resistance with secondary historic resistance around 6550 from late May.

Cable Update (GBPUSD)

Agreed, don't hate the market, hate the broker. They're no charity organization and they never will be.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

You need to get a live benchmark equities index chart up. Cable is mirroring it quite well at the moment.

Cable Update (GBPUSD)

SocGen down 20% in one day ! I'll be on the lookout for any Hitler parodies. You would think they'd be able to prevent such a disaster with put and call options, well... EDIT: Although if it's the peripheral exposure, understandable. BNP Paribas is ...

Cable Update (GBPUSD)

Well, the past two weeks were probably amongst the most interesting in their lives. If they didn't have any fun there, they either lost or chose the wrong job. PS - which French bank dumped gold a few weeks back?

Cable Update (GBPUSD)

A hedge fund that became famous for making a fortune shorting equities right when the financial crisis spiralled out of control. url They're reportedly down bigtime this year though.

Cable Update (GBPUSD)

Not bad, you're 30% better than Paulson's hedge fund.

Cable Update (GBPUSD)

Shorted at 4303, closed at 4254. Nice double top coinciding with falling equities.

EURUSD

SL in the money on both, I'm safe with more potential.

EUR/GBP - What a great pair to trade!

Looks OK, stop loss in both positions moved to breakeven. EDIT: Make that SL in the money on both.

USD/JPY Discussion

Reduced my exposure to Greenback weakness by going long on EUR/GBP at 0.8709. I hope the ECB can narrow the spread between Bunds with Spanish and Italian sovereign bonds quick enough.

USD/JPY Discussion

Went long on EUR/GBP at 8709, SL at 8660, TP 8760. Entered mainly to reduce exposure to my long USD/JPY position at 77.03

EUR/GBP - What a great pair to trade!

Went long at 77.03, SL at 76.04, TP 78.53. ...waiting for my bros at the BoJ.

USD/JPY Discussion

Yentervention wave ! ...Yeeha

EUR/JPY Anytime!

USD/CHF about 100 pips stronger in five minutes. Yen inching weaker vs. dollar, but much slower. I have no idea, but this is good action nevertheless. Forget Spielberg.

USD/JPY Discussion

Bloomberg TV reporting breaking news that the SNB has "taken measures" to intervene on the forex market ! Swiss trying to weaken Swiss franc and Japanese trying to weaken yen at the same time now. This could be a form of concerted effort, to be ...

USD/JPY Discussion

Not a bad idea. I'm long uj too, on a longer time frame, covering overnight with a short-term short on usd/chf. I actually wrote way more, but do you ever get that when you're typing something really long on a forum and accidentally press something ...

USD/JPY Discussion

Exactly. If a bank has trading rooms in Hawaii and New Zealand, the combined weekend time of both locations is extremely short anyways. The press of a button and they're online with each other scheming things. I've heard a trader who talked about ...

USD/JPY Discussion

I disagree. That's like saying you can't buy anything on a holiday because supermarkets are closed. On a sidenote, that reminds me how interesting life must be near the international date line.

USD/JPY Discussion