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- id5 replied Jan 4, 2013
My thanks for your explanation.
- id5 replied Jan 4, 2013
Just trying to uinderstand why you think that the reversal is not going to occur at the moment TT?
- id5 replied Jan 4, 2013
Yes NFP should be interesting. I have one small in profit short with a very tight SL left open hoping for 1.6005 before NFP. I will step aside for NFP and see if it breaks and stays below the descending trendline from the 10th although I have a ...
- id5 replied Jan 4, 2013
I don't think many do apart from the instigators or the conspiracy theorists but regardless the death of the Dollar or the birth of the Amero is not in any of the timeframes I am trading in
- id5 replied Jan 4, 2013
There is an assumption there that Canada or Mexico would be interested at that point.
- id5 replied Jan 2, 2013
Check the price action/liquidity of today .vs. the weather outside. It is raining where I live so I am indoors, if it was sunny I woulnd't be because every trade I have made today has given me a crap ECN entry up to 5 pips away because of poor ...
- id5 replied Nov 2, 2012
Chartered Institute of Purchasing & Supply It's an index, 50 means it didn't get better or worse
- id5 replied Jun 15, 2012
Out at DP, better some safe pips than risk them.
- id5 replied Jun 15, 2012
5521 last 5min high if it doesn't get past 5523 this time I will take whatever pips are in the trade and look for a new one. Not that there is much around apart from a few scalps.
- id5 replied Jun 15, 2012
Long at 5504, looking for 5523 or better pivot at 5532 then 5567
- id5 replied Jun 15, 2012
Nope BOE press release
- id5 replied Jun 14, 2012
Agreed, continual problems with EUR causes money to flow to GBP as well as USD, YEN, CHF, etc it is why the GB 10Y bond has been falling all year and most likely the only thing that is keeping the GBP up but I am surprised that it has not de-coupled ...
- id5 replied Jun 8, 2012
I will have to spend more time reasearching the correlation between the three, perhaps it is a red herring. I am not sure that enough will initially invest in gold, I suspect that many will switch to USD or GBP and then only gold when GBP begins to ...
- id5 replied Jun 8, 2012
The broker is definitely a good'un but the interface takes some getting used to especially one click trades, I seriously damaged my account a couple of times but that is what happens when you can only trade every so often do to work pressures. ...
- id5 replied Jun 8, 2012
I have been playing with the charts, one here that shows EURUSD, GBPUSD and XAUUSD all on the same chart. Seems to show gold leading the EUR and GBP. image
- id5 replied Jun 8, 2012
Gold is moving firmly up so I am out of my short for 33 pips and a happy boy. If it goes above the weekly pivot I will start looking for a long as it seems to be respecting the daily upward trendline from the 1st June.
- id5 replied Jun 8, 2012
I agree that the move is strange, I have a feeling that it is more to do with the GBP's value against gold rather than anything else. The bear raid on gold yesterday afternoon did not rise back up as it would normally do so the GBP has fallen to ...
- id5 replied Jun 8, 2012
News came and gone, bad for the pound but sort of good as well because whilst PPI was worse than expected it wasn't as bad as last year or quarter.
- id5 replied Jun 8, 2012
Cheers for the tip, keep them coming I need them all
- id5 replied Jun 8, 2012
There is always one that just has to be different