Jay, that's a brilliant way of putting it! I must remember that one. Yeah it is more of a personality thing, you can give someone a strategy that works for you but not for them just because they different and it's in their blood to make something ...

Poll: Where did you find your very own system/strategy?

Thanks guys, Yeah bt, in the news headline (didn't have any further news on it) it mentioned very briefly that it was connected to risk. Seems to be a few countries trying some wierd things. The other day Germany wanted to stop speculators from ...

China asks banks to stop FX margin trading

Might as well add this bit too... should've added it in the previous one. Carrying off from the idea that something big has to happen in SA for that breakaway to happen, it's two-fold actually, its either SA or the US/EU/UK markets. Maybe some ...

South Africa - rock RAND roll

No prob Gull Just another quick note. There's a reverse effect of the USD/ZAR pair and indices. Going on that connection and as long as they don't "break off", the Dow Jones, FTSE etc. are all set for a very big drop. It was on the charts months ...

South Africa - rock RAND roll

Hi guys, I trade ZAR quite often and been monitoring it closely. I realised since the xenophobic attacks hit front pages around the world in May, there has been an odd increase in volitility around 20hrs00 in the evenings EU time. it never happened ...

South Africa - rock RAND roll

Yeah short still showing here, caught the trip down in late US time, exited around 204.60's. Looking for another short in the morning.

Daily GBP/JPY analysis

@Sunshine, thanks mate. As for G/J, I saw a short at 207.44 on the 4HR, so could carry on short for a few hours. Haven't taken the trade though, focused somewhere else today.

Daily GBP/JPY analysis

I see resistance on GBPJPY @ 209.02 and support 207.48 with the 4HR chart.

Daily GBP/JPY analysis

If I had a broker that offered Yaun for base currency, I would make that my base currency. Unfortunately there doesn't seem to be any?

What's the Safest Base Currency?

Hi guys, Don't really like NOK too much, I find the PLN and CZK better movers and more predictable, also the Russian RUB but as for news, Danske bank has some good reports for NOK along with the other eastern EU currencies. Give them a look ...

Any NOK traders?

4HR showing signs of retracement up, some USD strength coming, resistance at 104.

USD/JPY Discussion

Hi Gift_Art, thanks for sharing too mate. Yeah, the hedging I've looked at too but thanks for reminding me about that... I use about 6 strategies and inbetween that lot I had tested the hedging on the others but funny enough not the PA strat. Thanks ...

Sick Of Indicators-Anybody trading w/Out ANY indicator?

One of my strategies is just price action, no indicators, not even trend lines, the chart is completely bare. Using it on USD/CHF 4HR. I wait for a candle to close in the opposite direction and that candle then becomes resistance or support, a close ...

Sick Of Indicators-Anybody trading w/Out ANY indicator?

hahaha that comment cracked me up. I know, I've been waiting for the drop to turn and it just never ends but it's getting closer to a move up, maybe one or two days time it'll get there. Monday possibly?

USD/JPY Discussion

After some further testing and backtesting when I had the time, it displayed that in non-trending conditions it was way to full or errors to warrant further testing. So, this strategy test has been terminated.

Pip on a wire

Well... by law it's regarded as market manipulation and second, as the others mentioned, the retail brokers (then investment banks) would soon find a way to pick you off. The other thing is "becoming the market" is the worst thing ever, however as ...

Idea for trading where everyone benefits..

GBP/USD 30mins showing a head and shoulders, possible USD gain in the next 4 hours?

Cable Update (GBPUSD)