This pair will be back down to new lows again soon, I reckon.

EUR/GBP - What a great pair to trade!

My greatest lesson? Realizing that its all about liquidity. Of equal importance, realizing that in order to take trading to a much higher level, I needed to live in solitude and focus EVERYTHING on becoming a better trader. I was always intense, but ...

What is your hardest-learned lesson in FX?

Price action was interesting the last 30 minutes of the week, very explosive. I think we'll see a nice gap up (NZDUSD) on our charts come Sunday afternoon (EST). GBPUSD getting close to a bottom if its not already there. I expect that pair to chop ...

GBPNZD trading calls

Hahaha...man you're funny! Beautiful trade.

EURUSD

NZDUSD made a nice reversal last night. Encountered some selling (purple box), but the top wasn't at a strong spot. None of them have been, in fact, since we started the drop at .8392. The bottom at .8241 was not something that will hold for long, ...

GBPNZD trading calls

With all that said, I am not perfect either (not yet anyways, though I do think its possible to win every time, whilst not risking any more than your target). You get better with experience is my experience.

GBPNZD trading calls

Well, first I'd tell you to forget about patterns, at least the popular ones, and instead focus on where price makes its turns. Place a horizontal line on the highs/lows, go back to where that high/low last hit, and analyze why it would have ...

GBPNZD trading calls

Was tempted to move my stop to the low set last night at 0.8279 after today's small rally. It is something I would have done in the not-so-distant past, but experience tells me to give this some room---no more than I'm targeting, but in this case no ...

GBPNZD trading calls

NZDUSD long is still on. Buy order for GBPNZD still on too.

GBPNZD trading calls

Well, NZDUSD never did make a new high, it drifted lower instead. Same thing in reverse for GBPNZD. I still think we will see new highs for NZDUSD, and vice versa for GBPNZD. NZDUSD will make a high around .8420, that's what I'm expecting. For it to ...

GBPNZD trading calls

Should turn here if we're going to make a new high.

NZD/USD

GBPAUD doesn't look to have as much potential to me. I look at AUDNZD and it looks like it will be heading higher soon. If that happens then GBPNZD will be stronger. I exited a GBPNZD long on Friday morning because price was too easy in that range. ...

GBPNZD trading calls

I really doubt NZDUSD has topped yet. The move down off the recent high was much to easy to get in to. Plus, the high came at an unimportant spot, so very unlikey to be THE high. GBPUSD looks to have made a bottom today, although not completely sure ...

GBPNZD trading calls

It's tricky because I am very confident we will not see new low below 1.9630, and I am also very confident that we will make new highs above 2.0425 (and very likely 2.1000). The tricky part is do I just enter in now, or wait for a drop to 1.9900 ...

GBPNZD trading calls

The top is only short-term. No way in hell would market let people in so easy for a long-term, big move top. We'll be back at the highs soon. Can definitely go a little lower, though, first.

Cable Update (GBPUSD)

This pair going to be boring for a couple weeks, I think. I'll be in other pairs. Probably going to be in an upward moving range, building steam. This is what I expect (see chart). If I'm right, it will make a few moves to get more people to think ...

Cable Update (GBPUSD)

I wouldn't get crazy and go short, but we might see a small drop this week....MIGHT. Maybe to around 1.6615 area, I'm thinking. Probably be good for a little breather here before resuming upwards. Definitely not good enough reason to go short ...

Cable Update (GBPUSD)

Let's see what happens around .8422. I think it will go there and it should reverse.

NZD/USD

I liked it, elbert. Bold was funny, but true. Most normal folks would take one look at this crazy game and run for the hills. It sure ain't easy, and for that I respect each and every trader on here for even trying. Sometimes we get into heated ...

Cable Update (GBPUSD)