I'm figuring out how to post a chart; my broker is gft. I've been with them 3 years and i've never learned how lol... but in the mean time basically the former support around the 1.9800 region will now be resistance and a nice place to short if ...

Cable Update (GBPUSD)

If you are willing to hold your position for a few days and not hours or minutes. The pair will most likely go down to 1.94 as it has broken it's major support around the 1.98 region. Take a look at the daily chart and you'll seea break out on a ...

Cable Update (GBPUSD)

Short — I've been short on this pair since 1.9903. My target is 1.94My reasons for entering this trade 1) the BOE rate cut this thursday2) Descending triangle on the daily chart(the prices respected the upper trendline with lower highs)3) ...

Cable Update (GBPUSD)

I think things are definitely favoring a move downward. Tuesday's CPI announcement and the wednesdays inflation report could cause alot of volatilty in the near term. Moderate inflation reports would allow the BOE to make more rate cuts, possibly ...

Cable Update (GBPUSD)

Technical Divergence on 4-Hour chart — Does anyone else see a technical divergence on the 4 hour chart with the with the RSI indicator trending down and the eur/usd still continuing to trend up. The Daily chart still looks steady with the RSI ...

EURUSD

the Euro should at least test 1.40 and I think there is room for a movement to at least 1.41 perhaps by the end of the week. However, there is a downside risk in the immediate short term for the euro as the market may consolidate. But all in all, I ...

USD/JPY Discussion

Congratulations on your investments...The first reaction to the news by the market was a strengthening in the yen as the U.S. currency appeared less attractive with their rate cut. However, the usd/jpy turned around and followed equities as it has ...

USD/JPY Discussion

Mr. Dove seems to be a little to high himself to get past anything. Where does this nut job come frome. I mean honestly...

USD/JPY Discussion

Well woopdy doo Mr. "Dove Man"....lol...good luck with that. I hope it works out for you. Now for those of us that actually want to work together to make money...

USD/JPY Discussion

Wow...Is this a soap opera or a discussion. I sure hope they start another thread on the USD/JPY so that traders can discuss the direction of the currency and not all wait for an all power "dove person" to lead them.

USD/JPY Discussion

Fear/money management — In my case it was fear. When I first started trading, I only had 2500 that I was attempting to live off of so I was afraid to take any long term risks. I wasn't losing money but i wasn't making much either. When I ...

Survey: Why 90% trader's failed?

What's the stop loss for this method.

simplest strategy for GBP/ JPY

What exactly is your Bollinger Band method?

kharvell's Trades