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- rdrainey replied Nov 6, 2007
Somebody said something — According to FXCM, somebody in China said something about diversifying into strong currencies such as the Euro. I wish officials would just be quiet sometimes.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rdrainey replied Nov 5, 2007
Good answer. I personally like to determine my stop loss BEFORE I enter a trade. For example, I determine a support/resistance area or a fibo retracement to place my stop loss just beyond, and then try to wait to enter the trade when price ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rdrainey replied Nov 5, 2007
Maybe we students should ask "how did you determine where to place your stop loss and/or take profit" rather than "where is your SL/TP." I, too, am trying to learn how to be profitable on my own, but am always grateful to glean from the experience ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rdrainey replied Nov 2, 2007
Whoever it is needs to get more creative than just doubling the "expected" release number.
Cable Update (GBPUSD)
- rdrainey replied Nov 1, 2007
I just read a report that stated that "due to inflation concerns, a BOE rate cut is off the table."
Cable Update (GBPUSD)
- rdrainey replied Oct 23, 2007
Momentum settings — Could you please repeat what Momentum setting you use? Thanks.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rdrainey replied Aug 6, 2007
Those results are scheduled to be released tonight at 7:01pm EDT.
Cable Update (GBPUSD)
- rdrainey replied Apr 26, 2007
I thought he was referring to the "1.9000". That's quite a range!
Cable Update (GBPUSD)
- rdrainey replied Apr 11, 2007
I don't really understand what's gotten everybody so riled up. Itme last posted to this thread on Friday, which was just three and a half trading days ago. He has never randomly posted, but instead has only added to this thread when he had an ...
Low Risk, High Reward Trading Experiment
- rdrainey replied Mar 13, 2007
You may want to check the daylight savings setting on your calendar. I had to manually update mine when the time changed Sunday.
Cable Update (GBPUSD)
- rdrainey replied Feb 27, 2007
Itme, do you believe your wave count for the GBP/JPY is still valid? It has dropped quite a bit past your entries and stops, so I am wondering if you think this is an extension or a negation of your wave count. Thanks in advance.
Low Risk, High Reward Trading Experiment
- rdrainey replied Feb 2, 2007
After all of that, we are right back where we started from. . . AGAIN.
Daily Cable Analysis
- rdrainey replied Jan 30, 2007
Yeah, and you just know Junker is placing his FX orders and THEN giving his speeches. A good way to rack up some pips, huh?
Daily Cable Analysis
- rdrainey replied Jan 30, 2007
It looks like the major catalyst for the move up was due to the surge in the GBP/JPY, which then pulled both the GBP/USD and the USD/JPY up. At least that's what it looks like to me. edit: It does make trading the majors more difficult when their ...
Daily Cable Analysis
- rdrainey replied Jan 26, 2007
Monarch and Leugimp — Thank you, Monarch and Leugimp, for your thorough explanations of your market analyses. I have learned more from you two this month than I have learned from books and on-line courses during the last year. You are helping ...
Daily Cable Analysis
- rdrainey replied Jan 26, 2007
According to my price feed (FXSolutions), the price went exactly--to the pip--where Monarch calculated it might go: 1.9679. Good call!
Daily Cable Analysis
- rdrainey replied Jan 25, 2007
No, no, no! I was talking about the price hitting 1.9710 over and over and over. I apologize for the lack of clarity in my original post.
Daily Cable Analysis