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XTrade replied Jan 13, 2010What are your SLs and TPs? This move is showing strength. Seems dips are being bought. At least till LDN sell a thon! Then...
Cable Update (GBPUSD)
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XTrade replied Jan 12, 2010Hey Everyone, Happy New Year! Great Charts Dr D. thanks for posting. I have been refining my style while studying (stopped trading a bit at years end) to do so. So far things are going well this year. Most importantly sticking to my rules. Setting ...
Cable Update (GBPUSD)
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XTrade replied Dec 25, 2009I Want to wish a Merry Christmas and Happy holidays to all traders here @ Fx Factory, & BIG PIPS, for the New Year! Long or short that is! X-
Cable Update (GBPUSD)
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XTrade replied Dec 21, 2009Hey all! Not very liquid! Won't be till new year! Happy Holidays to all here! So Cable and Fibre have been slightly correlated on small moves. Both now in DEADLOCK>>>!!!! Which way will the BrEaK go!.... Hmmm. Hasn't been bad for scalping..
Cable Update (GBPUSD)
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XTrade replied Dec 21, 2009Glad to help — Now we need to make some PIPS! BUT, the volume is low... Many have TP and will not trade, at least what I hear about the "big boys" banks, hedge funds, etc. Until the New year. I am sure some swing trades are left open. Yet it ...
AUD/USD
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XTrade replied Dec 21, 2009Gold and DX together work... The correlation between USD purchasing power and Spot Gold is usually always inverse, there are some odd times when we de-correlate. that can be seen, Aussie seems to follow the affects of both, yet does not always seem ...
AUD/USD
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XTrade replied Dec 18, 2009Hmmm.. I smell bullshit out of US too! So where does that leave us?!
Here is foreign sentiment of more massive USD printing! url Tonght I noticed DXY hold stationary while Swissy fell and Cable rose, just a thought. Cable Update (GBPUSD)
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XTrade replied Dec 18, 2009OK let's Clarify this. Someone who trades only using lower TFs say M5 to M30 May consider the 38.2 fibo similar if not the same as a 50% line on higher TF, reason being they are in and out. Thus, a move from a few days ago may be invalid if another ...
Cable Update (GBPUSD)
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XTrade replied Dec 17, 2009Hi WB, I know your are devoted H4 trader. I am curious though when watching trades do you move down to lower TF? Perhaps 2H thru M15? Btw: Thought you were on holiday! G/L Best to you! X- Happy Holidays as well
The WoRmHoLe
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XTrade replied Dec 17, 2009This depends on how one trades though. One could draw fibos from the most recent Hi-low Dec 16 to 17/18 now. After the break from range. Interestingly enough bearish M30 started exactly at 38.2. Perhaps EAs or orders set activated. I agree with the ...
Cable Update (GBPUSD)
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XTrade replied Dec 17, 2009News, Fundamentals, TA Cable — :nerd:I have come to the conclusion that to be TRULY successful in this - To me this means Trading your desired style as a profession or rather your Business. Not a job, a Consuming career. Being totally ...
Cable Update (GBPUSD)
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XTrade replied Dec 16, 2009May not be a bad idea.. approaching old resistance @ 4370 area on daily. May turn into support. What right now is leading USD bull though? Rates the same. DXY rejected 77 area again. Perhaps foreign sentiment in USD investments.
AUD/USD
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XTrade replied Dec 16, 2009Aussie miners rise, but risks remain — from here thought you guys may like
AUD/USD
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XTrade replied Dec 16, 2009This "could" create new multi day cable range... we'll see. so far today chart shows higher highs and higher lows out of range.
Cable Update (GBPUSD)
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XTrade replied Dec 16, 2009Be careful.. look @ H4 approaching bounce. "on daily" took long.@ 8970 Risky. Yet had to try. sl=8900 tp=9100
AUD/USD
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XTrade replied Dec 16, 2009Seems as though "for now" Support established in mid range 6240 area (YET range only tightens) I expect breakout soon or @ LDN open Topside needs breaching or further retest of 6300. we may go down first if range continues... Look for potential ...
Cable Update (GBPUSD)
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XTrade replied Dec 16, 2009I see confirmation for nothing in the immediate sense besides more range.. Range is increasingly DECREASING. A BIG break is coming. Besides the 19 pip long. May be down may be up. Even with TA, fundies, or "EA" if you use that, this is FX. No one ...
Cable Update (GBPUSD)
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XTrade replied Dec 15, 2009These are Very good points and I do agree with the first ones. As far as pinbar on AU do you mean real spot gold or FX gold? Silver is too highly manipulated for me to pay any attention to right now. i buy the dips on physical. sell the "tops" for ...
AUD/USD
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XTrade replied Dec 15, 2009OT But we are not moving...yet... Gold held on to gains as the DX rose. 1100 still yet to be breached. Silver is HIGHLY manipulated as usual. A few numbers to pass the time: Thinking Physical gold not FX, yet spot is similar USDX = ...
EURUSD
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XTrade replied Dec 15, 2009This is ridiculous. As someone earlier stated the Aussie Economy is better than here in the US. And "apparently" one of the only to not suffer a recession. Don't know for sure, if there are any Aussie's here please speak up! This USDX run it a bit ...
AUD/USD