So consolidation followed by a breakout down? Ok...

Cable Update (GBPUSD)

I can't help but see consolidation there... downtrend followed by ranging, followed by a breakout somewhere down the line.[/SIZE][/FONT][/SIZE]

Cable Update (GBPUSD)

It is certainly less stress, but if you don't keep the server farm supplied for those bursty moments... it's going to make them even worse, chasing off those that'd be willing to accept a higher spread. It just seems that they're a bit overloaded at ...

Interbankfx platform gets frozen.

The report on the NFA website gives you a good idea about how much they have, and on that other thread it appears they have quite a number of liquidity providers. I don't see any reason to worry about their financial status, just don't put all of ...

Interbankfx platform gets frozen.

MEKKA LEKKA HIGH MEKKA HINEY HO... Jambi says to go long and catch the bounce. Boingggg.... Long live Jambi.

Cable Update (GBPUSD)

I'll say long from the support @ 1.4460 until the resistance at 1.4620 ... from there, who knows?

EURUSD

Well a ranging period would probably count... =)

"Trade the slope" journal

url And of course the calendar here... url

Reading Material

Old thread, but something I didn't see anyone else had brought up... According to a previous msg they move your account to a mini account after $200. A person should be trading micro lots well past $200. Heck, my $1k play account at oanda isn't even ...

PFG FX Review

Well yes, if you had 10k in your bank account to risk and are willing to re-fund your account a few times. Keep in mind that if you're trading with a $300 possible loss on each trade, you'll need to refund after each failed trade. If you take 2 mini ...

question about margin?

Well, if you draw an accurate trend line and wait for the price to drop below or rise thru the trend line... usually that's a signal that something is about to change. Seriously, try it out. Statistically it means either the market is about to ...

"Trade the slope" journal

Am considering a completely untested EA idea, haven't worked up the SoW or flowchart tho... not sure if it'd be worth doing. What kind of rates are you looking at?

Another EA Coder Available

I was using this strategy for a bit (still use a variation for trending pairs) and found that if you draw a trendline (I use the daily TF) you can look for places where the price intersects the trendline to tell you when a reversal is likely to ...

"Trade the slope" journal

Yes they will most certainly close your position before then. Every trade requires a "margin security" that will be taken when you initiate a trade. It'll be given back when you close the trade, so don't worry there. If you drop below the required ...

question about margin?

When news hits, spreads spike and servers lock up. If you're trying to get in the second it hits, you won't make it. And you can't predict direction on news, you can never know if the news has already been factored into the price or not. The only ...

forex news trading

Ya the 50 does have a better match than the 200... it is acting as a psych line. I think it'll eventually rebound, some other pairs have already completed theirs and there's no real fundamental why the GBP should be trading this low. I don't think ...

Cable Update (GBPUSD)

Asian was a bit slow, euro was pretty nice tho. Just closed out and put a buy stop above the resistance. Maybe it'll break, maybe it won't. It's been fighting the weekly pivot for the last few hours it seems. Kind of strange tho, look at the ...

Cable Update (GBPUSD)

MS made an unsolicited bid for yahoo in a desperate attempt to stay relevant in the search engine game. Both products are inferior (ever tried using MSN adcenter? LOL, don't waste your time) tho, so I don't see the point. I doubt Yahoo is going to ...

The market's reaction.

Well, some of this is just luck tho. I got lucky a few days back and had stop orders in before the interest rate change... and it just so happened that my spread didn't shoot thru the moon at the same time. Today my spread went up to 20 on some ...

How many PIPS you made/lost - Dedicated to NFP

Well it's freezing again, but news was over an hour ago... it's just the high load that's causing this. They need to expand their server farm apparently, maybe a failover cluster or something similar.

Interbankfx platform gets frozen.