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I’m going short on GBPUSD too. I highlighted 1.2515 local support level. I’ll sell GBPUSD after the price fixes below this mark. Potential movement - to 1.2450. P.S. The US dollar has strengthened. What do you think on when we can expect a technical correction?

The US Federal Reserve raised its key interest rate to 0.50-0.75% yesterday. The regulator intends to raise rates x3 times during 2017. Demand for the dollar has grown considerably. I plan to look for entry points in the current trend direction on EURUSD. I will sell after the breakthrough and...

There will be a long-awaited meeting of the US Federal Reserve. At 21.00 (GMT + 2: 00) some decision on key interest rate will be announced. Currently 91% of the market players believe that the US central bank will raise rates. I usually don’t open any transaction during such days. Just watch...

I expect a correction USD/JPY in the currency pair within a few days an I think that it will move to 114.85 anyway

I expect a correction USD/JPY in the currency pair within a few days. Entry points into the market will be looked at younger timeframes, after the breakthrough and retest of the local support levels. Potential movement - to 114.85.

The demand for the pound has grown significantly due to optimistic data on the consumer price index. In November, the figure has increased to 1.2%. I would buy GBP/USD after the breakthrough and retest of the 1.2720 level. Potential movement - to 1.2750.

I agree. But there couldn't be short time trading without it :D

@victorycountry I totally agree with you that the euro was overvalued. Recent statistics from the EU really was not the strongest one. Perhaps it is because "Commitments of Traders" reports were on the short side. The technical picture also indicated the EUR/USD reduction. The currency reached...

The ECB meeting was held yesterday. The central bank kept interest rates unchanged. Experts expect that the QE program will be extended to 6 months, but the regulator has changed the date of its end to 9 months - from March to December. The ECB has lowered the monthly volume of buying assets...

The Canadian dollar continued to strengthen. I will look for entry points for opening short positions today. If the price will overcome and fix below 1.3185, I will sell. Potential movement - to 1.3150-1.3225

After yesterday's meeting of the ECB the Euro weakened against the US dollar significantly (more than 150 pips). I plan to open positions in the direction of the current trend at the moment (H1 time frame). I will sell after the breakthrough and retest of the local support level (1.0590)...

Why do you say that not many people choose it? I agree, it's the common way for newbies, as intraday trading is fast an traders can see the result in the short time. But I know quite enough traders who open short-term transactions and they are ok with them. As for me, I try to combine both...

I also assume that ECB won’t change rates today. There is no fundamental reason to do so. And soon we will know how the market will react =) I think a lot will depend on the press conference of the Central Bank, which will be held after the announcement of interest rates

After the past ECB meeting that embarrased me (and I bet, not only me) with the growth of EUR, while everybody thought it will fall... So, I wouldn't open any transactions today and advise all conservative traders not to open any orders too. EUR rose on the eve of the meeting on the monetary...

Are you going to open positions during the ECB news ?

The ECB meeting will be held today. I won’t open any positions before some decision on the interest rate of the Central Bank will be made. For myself, I highlighted the key levels on EUR/USD: support - 1.0735, 1.0710 resistance - 1.0785 I’ll watch how the price reacts to them.

GBP/USD restrained the 1.2560-1.2585 demand zone yesterday. Pound played most of the losses. I would buy after the breakthrough and retest of the1.2660 local resistance level. Potential movement - to 1.2735. The potential profit will be fixed by parts.

Haha, this source is okay, yeah. I've already seen that situation with Ms.Kalinina :) I always knew that Russian immigrants are usually not very honest people, here is just one more evidence... But illegal marriage is not the proof of the fact that FPA is scam. Nevertheless, I wouldn't trust...

Oh, just noticed this thread :D The broker is okay, I trade with them for nearly a year already. It's quite okay. Comfortable, as they say :)

In fact, I wouldn't trust both. No Instaforex, no FPA. The first company is registered in Russia, the second resource is Russian too. So, we can't be sure that any info is 100% true, as their owners can have controversies we are not aware of. Everything is simple