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Purple replied Dec 1, 2010MA is a lagging indicator.. by the time it makes a decisive cross price already had moved too far.. have fun trying though..
Cable Update (GBPUSD)
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Purple replied Nov 30, 2010It needs to close above 156.45 today for bull to continue..
Cable Update (GBPUSD)
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Purple replied Oct 31, 2010My short closed from open at 30 pip profit.. gap covered.. now I wait for London open.. good night..
EURUSD
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Purple replied Oct 31, 2010MIG FX.. But they are open now.. maybe it was 30 mins late open today because of DST changes..
Cable Update (GBPUSD)
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Purple replied Oct 31, 2010Why is trading disabled? I usually can take a trade 5.30 EST every Sunday.. but its almost 6 now and their no open from my broker side..
Cable Update (GBPUSD)
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Purple replied Oct 31, 2010Did the markets opened? My broker is still closed..
Cable Update (GBPUSD)
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Purple replied Oct 20, 20101154 GMT [Dow Jones] UK chancellor Osborne is some ten minutes into his much awaited Comprehensive Spending Review and so far has sprung no nasty surprises. GBP/USD trades some 25 ticks higher since he started however that move has been matched ...
EURUSD
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Purple replied Oct 20, 20101046 GMT [Dow Jones] EUR/JPY has taken a beating over the last 24 hours which forced it into a bearish close notes SE Banken. The cross has seen some corrective action Wednesday however the bank expects this to tail-off ahead of resistance between ...
EURUSD
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Purple replied Oct 18, 2010open price on euro broken.. gap filled.. now its more comfortable for me to look for shorts depending on pa... otherwise i would have hunted or be biased to go long all day.. i am flat right now and we can go anywhere.. just my opinion/observation..
EURUSD
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Purple replied Oct 18, 2010Thanks. I hope you are right. But I have other more secure source of income to pay for my house mortgage.

EURUSD
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Purple replied Oct 18, 2010btw pound broke today's open, but their is still a 1 pip gap between close and open on euro..
EURUSD
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Purple replied Oct 18, 2010Its takes blown accounts to realize that one cant make a living out it.. unless someone starts with 500K account with dukascopy... but isnt it better to just give that 500k to exp trader in his 60s with a team of 5 people working under him.. and ...
EURUSD
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Purple replied Oct 18, 2010Its can be a second source of income.. for me it just pays for things I dont really need in my life, like expensive phone or top notch laptop.. but I dont depend on markets to pay for my house mortgage.
EURUSD
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Purple replied Oct 18, 2010One more thing about Euro and Pound.. open price are seldom the high or low of that day too.. its like a gap thing.. the way market always goes to fill the gap.. it also tries to break the open price higher or lower depending on direction its ...
EURUSD
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Purple replied Oct 18, 2010Financial Markets is a Zero Sum game.. somebody has to loose for someone to win.. money just changes hands.
EURUSD
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Purple replied Oct 18, 2010And its good to see volatility finally returning to markets... now it feels like its fall.. the best time to trade and when most users here change.. with new one's coming in and old one's disappearing except a few who survive or refund their ...
EURUSD
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Purple replied Oct 18, 2010Looks like we will get a confirmation on Tuesday itself.. a break of 138.90 in Asia session confirms the damage to 4H trendline on Euro charts.. Pound is still holding up, we need clear break of today's low in Asia session for further fall ...
EURUSD
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Purple replied Oct 18, 2010Cable might have a wider range, but I find it more predictable than Euro, Euro is too much affected by politics and what politicians say and more importantly how these 'analysts' at banks interpret them.. Cable is more about trading ranges and ...
EURUSD
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Purple replied Oct 18, 2010Well today we saw this.. now tomorrow could be different.. I am done for the day with just over 120 pips in profit in all.
EURUSD
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Purple replied Oct 18, 2010Today's High to low on cable is 140 pips move,, we need a decent pullback here of 40-50 pips atleast for it to go down again in NY session..
EURUSD