I know a few people using them and they seem happy enough. There is a new player in the UK market actually called LMAX. I know about them due to a friend working there. They are actually a new exchange that gives the retail investor access rather ...

Ichimoku forever

That's correct if you are trading longer term positions. If you are in an out faster than that then daily may not matter at all. Depends entirely on your own method. Nice trade SM!

Ichimoku forever

Goldman Sachs FX charts for the coming week — Hi all, This guy at Goldman is normally an interesting read and his charting is not bad. GS are obviously notorious for telling their clients one thing and then raping them in the opposite ...

raczekfx chart thread

Lou are you one of FF's founding fathers? That was almost as hard to type as it is to say quickly.

Silent Service Method

Latest Goldman Sachs FX team charts for the coming week. Might be of interest. They have been notoriously poor with their client trade suggestions in recent times but this guy's charting is normally worth a look. Hope you've all had a great weekend. ...

Silent Service Method

Hi mate, Are those sales numbers coming from GM and the other manufacturers or actual dealer sales? I only ask because I read somewhere the other day that dealer inventory is at all time highs and that GM and Ford have been stuffing their dealer ...

Silent Service Method

Some do lundu00. You are best off with a true ECN broker where the broker doesn't have a dealing desk so they can't hunt your stops. Stay away from FXCM they are terrible for stop hunting at times, especially when you are a profitable trader. Just ...

Ichimoku forever

The EU correlation with the S&P is quite strong ATM and the mean reversion trade in the S&P has been making decent money. Hit the top daily bollinger band sell, hit the mean and buy. Rinse and repeat. Boring market and the E/u and G/u both completed ...

Silent Service Method

Gold a potential short? — Possible short setting up, similar has occurred on the EUR weekly

raczekfx chart thread

I am not taking a position in Gold until the numbers are out tomorrow however the chart is attached. I hope it reaches my short target for you but I would be careful in that area looking for further gains until 1385 is cleared on the daily.

Silent Service Method

Check the daily Gold chart too mate. I'm on my iPad so can't post a chart but there is resistance between 1365-1370 area and looks a great place to continue shorting off the retest of the rising trend line. What are your thoughts?

Silent Service Method

Nice chart CW. Simple as it is after seeing yours I hadn't put that one on there LOL Glad I took the shorts off the 1.38 area now that your line supports the idea

Silent Service Method

Interesting China Article — Hi All, This paper is an interesting perspective. Points out that while Chinese GDP has been "growing" and their economy "booming", their power output reduced significantly into the end of the year. Power output, ...

Silent Service Method

Nice to see the US catching a bid for once in its life Killed my EU shorts @ 1.3630 just now as have to leave the screen. GU short still going but trailing SL 50 pips behind, Gold short looking ok. Only Crude is reversing on me but looks a buying ...

raczekfx chart thread

It's better to stand aside mate and wait for a break. There's normally always an opportunity on another pair so looking elsewhere is also a way around it. Vic's sheet concept is good for handling this situation as it was not registering a strong buy ...

Ichimoku forever

Cheers mate, I deleted it because it was a massive rant by the end. That comparison with Rome you posted on Babypips is great. I get so worked up about how people do not see this happening. Frightening really.

Silent Service Method

I agree about indicators lagging however to me you would only be managing a 15min entry on the hourly chart if you were expecting a longer term trade. Pretty sure that's why Vic uses the weekly pivot levels as short term targets to try to lock in ...

Ichimoku forever

I agree that people's application of trend/support/resistance lines to their charts are open to interpretation however in reality the market chooses S/R levels not the individual trader. The fact that you are "happy to be banned" shows that you feel ...

Ichimoku forever

Jap you sound like you are confusing Support/Resistance levels with pivot levels. Support/Resistance levels once price candles have closed remain of varying levels of importance for as long as they remain in the chart history. These can be ...

Ichimoku forever

LOL, I have a few $longs open now too. Interesting that the DXY hit it's long term lower trend line support on the monthly chart and looks a great point for a reversal, if not then the 74 level is the next obvious solid area of support.

raczekfx chart thread