Traders have realized that Freddie and Fannie isn't new news - this was expected to happen (because when was unknown so a little reaction) - gaps are being closed now to resume the trends in place and people who got stopped out because of the gaps ...

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

we could see close to 195 today reasons: 1 - last trading day of the month - vanillas/options expiry 2 - risk aversion seems to be the theme because JPY, CHF, Gold are the only 3 things not going down against the USD 3 - US markets closed monday - ...

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

Huge difference between now and the last time it touched 200 and shot back up - UK GDP is 0 and the frail state of the economy is much more evident than back in May. Plus we are nearer to a rate cut (market expectations). Hence i dont really see the ...

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

see attached. i always have this combination open on one of my screens - specially when the market is at technical extremes. Its the USD/CHF, USD/JPY and Gold - 4 hr charts. They are an excellent signal of Risk Aversion. I have personally made a lot ...

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

mate - i wish you luck - looking at the momentum & COT .. i wouldnt bet that even 200 will be difficult to break.

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

Mate - really not sure how you could make a trendline on a 15 min chart to call for a 700 pip run. If you want a 500-700pip run you need to look at a bigger time frame. I am attaching a weekly and daily chart with trendlines - there is NO sign of ...

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

well i agree to the part that the member in questions seems to be "full of .. " - his posts are pretty unintelligent. BUT i disagree with the notion that big traders wouldnt post here. I know and work closely with 5 people on FF who have ...

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

Just like all news last 20 days - this will have no medium to long term effect on the current USD trend. If at all i expect a whipsaw action. On long term charts - 8500 seem to be a possibility before the end of this week.

AUD/USD

dont mind to be offensive - but do you really trade the forex market ? why the heck should ECB intervene when what they really wanted is unfolding ? do you realise that a weak currency is the only thing central banks of a expoting nation pray and ...

EURUSD

i trade crosses - a lot of times as a hedge against a major pair - at the moment i am short EUR/JPY, GBP/AUD, NZD/JPY and long on AUD/NZD (this one since yesterday) Bottomline i agree - crosses are very good at markets like we are now.

Crosses and exotics (gbp/aud...)

seems to be playing out just as i had thought .. suprised i havent had more input from active traders.

CHF Trading

couldnt find a CHF thread hence the post here - anyways started a new thread now

EUR/USD Trading Room

Swissy — Any one here interested in disussing CHF ? I can see a great potential for the USD/CHF and even bigger for GBP/CHF in the medium term, 2-3 months. If anyone is interested we can share thoughts, fundamentals and charts.

EUR/USD Trading Room

friends i have been monitoring my trade station carefully and it seems that the major theme of the markets is risk aversion - JPY, CHF, Gold Not much happening across the majors - maybe look at crosses of the above to plan trades.

Cable Update (GBPUSD)

i hope someone took notice of this .. if so you are already making money

Cable Update (GBPUSD)

If you dont believe that fundamentally GBP should be strong - there is a nice oppurtunity to short GBP/CHF (2-3 day medium term trade). CHF is a winner because its a carry trade currency (which is currently unwinding). It is a safe-haven currency ...

Cable Update (GBPUSD)

i like the eur/gbp pair because it takes the noise away from tading them against the dollar individually. You are correct that they move in the same director 80% of the times - but the other 20% has been last 6 months which is what makes it a good ...

EUR/USD Trading Room

I have been long on EUR/GBP since .79 and i do expect it to go beyond .81 within the next week - though there is tremendous resistance from .80 to .81 - but if it crosses .81 the next significant resistance is .83. There was some market chatter ...

EUR/USD Trading Room

god bless the slow week - all the energy was being saved -

Cable Update (GBPUSD)