Gotta love the British sporting public.....

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I like the EUR/JPY long at the moment.....looks strong.

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Possibly. But to be honest, I think this pair is a bit too messy at the moment. I haven't taken a trade in the USD/CAD for a while now. Look around, there will be better set ups out there. Don't be afraid to look at less well-known pairs ...

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He is something like what???? 34 now? He's getting towards the end I believe.......Here in the States, he is probably the one boxer Americans know of. Boxing has been dying for a while. Its mainly MMA these days it seems.

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Well the thing about a trade like this - and keep in mind I am not actually looking at a chart presently - is that you are at a massive "decision point." It is here that you will have to decide on which way to go. Because of this, you can short ...

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I would go even further and say do whatever it tells you - not what you want to do. M.P.B. just gave you the parameters going forward - let it tell you what to do on a daily close or something.....

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I think we are going to see a "risk on" week ahead based upon several pairs. However, the most important chart for me this week is gold.... I love the fact that the hammer on the weekly chart is just above the 52 week moving average. (I used 52 on ...

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As a general rule, it is always safer to wait for a candle to close......

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The highlighted area above is the best advice I can give you. However, I think the breaking of another 10 pips or lower here could send this pair much lower.

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I would have to think that GFT closing down retail accounts in the USA and Japan doesn't exactly hurt FXCM either....

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I haven't traded the EUR/USD pair because it isn't acting rationally at all. The entirety of the moves are based upon whether or not there is concern about the debt situation in Europe, or if we are worried about the fiscal cliff in the USA. Also, ...

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To be honest - I have left this pair lone for some time now. I think that the real levels to watch are 1.3150 and 1.27 - everything else is minor. But with the reaction today to the news conference, I would be selling if I had to be involved at all. ...

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Ironically, yes. This would be because of the recession the US would suddenly find itself in......people would run to the Treasury markets. Odd really if you think about it - but its what happens in times like this.

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I currently see two possibilities: We fall - and this would be with the longer-term trend, but I would give it a bit of room. I am looking to short it on a daily close below the 0.9875 level. However, if we manage to get over the 1.0050 level - say ...

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So....went long the ZAR/JPY this morning on a breakout of sorts - this will be interesting.....I am now a "carry trader" I guess???

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I too think that we are in a range between 1.02 and 1.06, but there is a minor area at 1.04 as well. Overall though, I think there is a bit of an upward bias. I don't necessarily think we are going to breakout in December though. If we do - it would ...

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Thanks for the note forexgogo.......and welcome. I like the look of your chart. It is simple, clean, easy to understand - and also points out an obvious spot to look for long set ups. Well done. Chris

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True......futures markets aren't bad......but this will be a barrier to some traders. Having said that - I think I will be with Oanda soon. Maybe IBFX again, but they are now owned by TradeStation I think.....and I am not sure how they have been ...

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