I just went short on 0.9908 with SL at 0.9048 for an open objective. Lets see how the things will be developing from here on.

I went short on 1.5575, with SL on 1.5608 Good luck to all...

Thanks for the time & effort to upload it here for me mate. I appreciate it.

cloggie, where can one read more about your box trading method? Regards, Zoreli

At this time, looking at 4h chart. price is very near to the 23.6 fib level which is at 1.5579 For the moment it seems that this level will hold. If next bar on 4h chart close & break this level I might think of selling the pair. However, at this ...

Good point CindyXXXX. I was profitable when I followed my rules. However, sh*t happens. Market conditions change from time to time. Anyone can & will have winning and loosing steaks. Question is, after how many weeks in profit can one declare ...

It is interesting that very few posters provide their definition of being consistently profitable. How many weeks can one be lucky and end the week profitable? 8? 10? 20? 50? Where the luck factor stops and the edge that system provide comes in? I ...

I will sit on my hands until the news comes out. Market can be very violent during the news. I will let the dust settle and then decide.

I will remain flat for the moment. No setup, no trade. I am bearish on those GBP levels, but shorting EUR/CAD looked much safer than trading GBP/USD and taking too much risk.

Which are the expectations for USD then? He will gain strength if the rate remain the same? What will happen if the rate rise? Regards, Zoreli

USD seems to loose value across the board. NZD suddenly spike up 30 points against USD in last 2 hours...As you can imagine, I am short in that NZD/USD trade...

Anyone from the experienced trades can write here possible scenarios for today Official Bank rate decision? What will happen with the GBP if the BOE decide to hold rates on current levels? What will happen in case that BOE decide to increase ...

Thanks grkfx! At least I understand the basics now. Any links for further reading would be appreciated. Regards, Zoreli

I went short after all. My entry is on 1.5461, SL on 1.5499 and TP is on 1.5371. Let's see....

I am watching 1h chart, and I use stochastics with 14,3,3 setup...and I am seeing bearish divergence on stochs. Can anyone else take a look and confirm that? Anyone here trade divergences?

Price is ranging on 1h and on 4h also, so I will not chase the market. I will continue to sit on my hands until I see clear direction. I have S/R line on my daily chart on 1.5473, which now act as support...we will see if this area will hold. ...

I was in that trade mate, and I close it with minor gains...I shorted the pair, but I get out since the price was unable to break down bellow of the 112.29 level...now after the news....we will see. It may turn out in non event...we will see. ...

I was there many, many times...that's why I am proud of my self...now I don't need to hope mate...I waited patiently news to come out, and as far as I am concerned, it can go any way it want...I will just join the party (if there is any) However, I ...