Thanks for asking. Like I said, it's a rumour. But I think it is likely the Uk will be one of the earliest to increase rates. here's the link: url

EUR/GBP - What a great pair to trade!

It might break this afternoon after the news from USA. I'm not sure. I identify a range by putting a box round it. Most strategies, especially indicator based strategies like ma crosses, can fail during ranging periods because of the number of ...

The DIBS Method... No Free Lunch continues

Chart — Here's a chart which shows we have a played out double top scenario. When I say played out I mean a confirmed break of the low at .8930 which will give us a tentative target of 8850 or even 8800. I'm setting a small short here. image

EUR/GBP - What a great pair to trade!

Rumours — Rumours that UK may have to raise interest rates sooner than expected.

EUR/GBP - What a great pair to trade!

I don't understand you. Until EUR/USD breaks out of its range then DIBS would not be a good strategy. Ranging markets create more inside bars, but they are less useful to us because they have less momentum when they break out.

The DIBS Method... No Free Lunch continues

EUR/USD has been ranging for the past 3 days. Not a good time to trade the DIBS strategy.

The DIBS Method... No Free Lunch continues

This isn't really a good time to take the dibs trade which is different from an inside bar trade. I suggest you read the first post of this thread. Other threads deal with inside bar trading. Hope this helps

The DIBS Method... No Free Lunch continues

Stop loss — So our next stop might be the lower trend line at 8860. I'm out of the market until I get some kind of a useful set up, perhaps around 8860.

EUR/GBP - What a great pair to trade!

This is a frequent question and you could do worse than a search at the bottom of your thread for similar threads. You'll see lots of opinions on the subject. My opinion is that a demo account is fun and it's easy to close a losing trade because the ...

Demo to live help

Hi and welcome to the Forex Factory The best way to determine a trend on any time scale is to zoom out (in MT4) and look see if it's going up or down. If you are not sure, then it is likely to be ranging. If you have a system based on trends then ...

New member looking for a little advice and handholding

Carlos looks like your steak is coming. Thanks for the "heads up" kuroro and I have set some more longs from around 8930 - 40. Talk about vague analysis there Miyamotom Did you write that? Not as bad as some of mine, though. Better to ...

EUR/GBP - What a great pair to trade!

We need one of these — We need one of these: image A bit like a pub detector but not as useful.

Cesarnc's market talk, gossips, rumours & fun

Same here. I have some longer term longs. I can't be bothered scalping this ranging market and I'm looking forward to a few hundred pips of trend. If the truth be known it's because I'm not a very good scalper...

EUR/GBP - What a great pair to trade!

Speed 6 — That is a nice car. Beautiful engine. They also seem to be reasonably priced now. Back on topic, I note your range trading parameters. This is where practised range traders can score and I have to admit I have little experience of ...

Eur/Gbp 30

Glad you got it off your chest — Although you torture the English language you can not force it to reveal your meaning.

just some burning questions i had for a while

That's a recipe for hot chocolate, man. Don't apply for a job at starbucks. I suspose cold for you is about 60 degrees fahrenheit. It's been minus for weeks here now.

Cesarnc's market talk, gossips, rumours & fun

I like that TVRspeed. Well spotted Did you read Dan Gilbert's post on the James 16 thread where he pointed out how tight this is winding up on the daily? I knew it was on the weekly. Looks like we might be breaking out soon and it will be ...

Eur/Gbp 30

I think "well done chonchy" Sorry I've been afk for a while. I was a bit surprised to come back to some draw down. Anyway I'm out now until I see what New York does and GBP/USD does at 1.62

EUR/GBP - What a great pair to trade!

Rejection — Just set a long here at the re-test and rejection of .9000.

EUR/GBP - What a great pair to trade!

therbcoe — Thanks for that. Your reply is very valuable. Seriously enough - yes that is an important point and you made some importat points. I hope Lobo has read these replies?

Forex Newbie asking some advice