EURUSD

H4 last month
oct top to nov bottom around 440 pips
last top to bottom in nov around 210 pips
today we have around 150 pips down since last top

let's see what happens in london

It is a matter of time before it is going back up .... 1.52 here we come

Call me lazy, but can someone resume in a few words the new NFA regulations please

Thanks for the imput everyone.. I actually live in The Republic of China A.K.A. Taiwan. And of course on the other side of the Water is The People's Rebublic of China.. When I read the news about how the U.S. is in a hard financial pinch, and how they are trying to get a gallon of juice by squeezing a carrot....What I mean is the American public is the carrot. I just don't trust the U.S. I read once that they are the 4th highest taxed country in the world. I am sure that if you look at your paycheck they take about a 3rd out. And you all get charged income tax, then sales tax. Then Federal and State tax. Oh and did I mention that ponsi scheme tax.. A.K.A. Social Security Tax? ha ha ha Now you have that new President... I don't know how to spell his name.. But I like to call him Pres Microphone hair.. I hope he can balance the budget. And the capital gains tax on Forex in the USA is super high. So, if the USA wasn't so hard up for money, and they didn't need to borrow so much from the public in taxes, I think it would be a good country to open up an account it. But the way I see it is this.. The gov can't control spending, then taxes go up to foot their bill, then people's income is shortened, then business has to charge more money to make up the difference for the lose in the tax, then that causes inflation. Then people have to borrow on credit more and live pay check to pay check because the boss don't want to give a raise after the gov just got a forced raise from the boss. So, this is all good fundamental analysis and why I don't want an account in the U.S. Beautiful country, great people, but they have a government that has bad financial skills.
So, Where are the non-U.S. based brokers? And U.K. either. That is why the Europeons left because of the crazy taxes there too. ha ha ha Sorry to rant a bit off of topic. Now back to demo trading.. until I can find a broker in a real democracy that knows how to budget their money.

first in, first out, no hedging

Are you refering to usdjpy and usdchf or eurusd?

Please explain....because I am still learning and I have wanted to enter a long multi year position.

Thanks in adsvance for the info.

some people spell it: JOBAMA

It's not hedging but the high leverages.

New year highs did not surprise and price is still within my lines on the higher charts.
Shorts in eu and gu have rewarded handsomely but uj longs are still underwater, hopefully not for long.
I have left small eu open from 1.51 targeting 1.4650

I am long on e/u.

he only wanted a few words so i was very limited with explanation *L*

Why?

usdchf and usdjpy, both countries don't like the current prices

UJ at all time low, pretty near to Sep 1994.
today news that Japan said they are in talks to intervene

Morning

Morning!

Waking up really early today

Morning Spsantos... yes I've many positions open

good almost morning

Hey Driver,

I closed a small short from 5130 @ 1.5000, and have opened another small long @ 4930. Would like to add to that if we could dip to 4850, again to 4800. Below 4800 I would hold, and look to add again as we approach swing low at 4625. Target is 5125 for all. What are your thoughts?

Regards,

I'm long aud/usd nzd/usd.

usd/chf and usd/cad showing bearish divergence in momentum

waiting to go long on gbp/usd and eur/usd.