i just feel uncomfortable longing this pair.

sucks man, but oh well. I guess its always easier to trade the currency of the country you live in. I think your trade is going to prove to be a good long-term one.

Economic outlook — coming from NZ i can say this much: The economic situation here continues to worsen. The official interest rate was lowered from 8.25% to 8%, and there is the ever-increasing possibility of further cuts by the RBNZ in coming ...

might've jumped in on the eur/usd short train a bit early at 1.5580...

Short as well. I think maybe we can see 1.5490 down to 1.5475 in sight?

I'm hoping for 1.5710 or so... but maybe I'm kidding myself

I figured this was a good time to do this, what with extremely limited liability and all. Good learning for later life as well I suppose.

Wow, another school student trading forex. Join the club mate!

Yup, same here. Get all edgy watching the screen, so I often just force myself to go outside or something.

How much of that 2 trillion is from the worlds banks/other financial institutions, and how much is from investors/speculators do you wonder?

fair enough

You shorting ahead of ppor UK data?

Who here agrees that the possiblity for 1.971 - 1.9664 is in sight?

FXTitan, I'm a very new trader, but I find your "against the pack" mentality/ideas to be very interesting - it does make sense, when looked at a very basic level - if 95% of traders are unsuccefull (the "pack"), why follow them? However, I do find ...

blast.

you wont be doing to badly for yourself then would ya?

what was/is your open?

I think i'll sit out, i still have much to learn, but i do think there will be a decrease in GBPUSD, but perhaps only a short-term one. there is very little chance the data will be above 50, seeing as the economy is not doing very well. lets see ...

once again, good luck mate.

good luck...