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Holding my short for the possibility of a test to 1.94, even lower isn't out of the question. Very choppy the past few days.

Selling happened. 15m cable charts, check the retracement levels of this week's low->high. And check out how neatly I shorted at about 9am, feb 15th. :D

Intra-week that does look likely to me, however the weekly charts, banks and data of all sorts says: Sell like hell after that.

Shucks, the run to 1.956 killed my stop this morning :eek: PPI input -2.0%

targetting the sweep back up to 1.96 is perhaps an over-obvious option. Even the BoE wants cable trading lower, expect to close next week low!

positive gbp data causing a holdup today - it was the british industry trades release and it was up 10, instead of down the forecast 2. USD upcoming info = gbp sinks.

Thank you very much for your reply, Buzzkill, and thanks also to the guy with the chicago exchange spam. Here's to the decades of learning ahead of me. I have been making small profits FX trading, however trading at 10 pence a pip is tantamount to a waste of my time (as is trading OTC, paying...

1.966 still holding firm

knowledge of stocks limited to reading the paper occasionally; futures: isn't the idea something like: you buy the ability to enter a trade of a pre-set volume and decide whether or not to execute that order based on looking at where the price actually did end up going? Surely then you could...

A good few things I have read written by people I don't know state the same sort of thing. FX Cash day trading is possibly the worst idea you could ever come across. Unfortunately I'm rather obstinate in my conviction that the use of leverage enables me to, on a *good* day, cause seventy or...

spectre - thanks for your post I'm just reading it now lol

I was rather unsure about opening an account with IB, who I have heard offer FX futures. I don't have any idea what sort of capital they demand to open an account for the purpose and am fairly sure of my lack of required capital. I'd need to explore their website this afternoon. Get this...

Thanks for your reply :) After about a month of demo trading with FXCM I had decided that technicals definitely were not for me and was able to generate profit trading infrequently and after large announcements, however I: Now wish to undertake a mixture of "scalping" in quiet times even...

Absolutely any help would be greatly appreciated. Sources, resources, books, articles, absolutely everything I could possibly absorb to increase my understanding. Primarily of the fundamental influences to the markets, but also of those crazy looking indicators. The only thing I could tell...

anyone wanna lend me some S&R lines? I'm having a lazy morning snow etc happening outside - middlesex, UK.

nonononot yet, methinks. retrace wasn't *substantial* and pro-usd data later = slippage

Something smells like crap.

Not anything to do with google desktop, which *IS* an evil data miner, Yahoo Widgets Engine allows you to create like...a HUD for your desktop. Stocktickers, weather info, cpu monitor, wifi signal monitor... clean install of YWE comes with a good bunch of them and there are loads of other...

huge tip to anyone with Oanda as their broker: They've now got a "yahoo widget"! unintrusive widget engine from yahoo.com, lots of useful little things for your desktop. the fxtrade widget allows the easiest possible access to my account. but thats just my tuppence.

Darn tootin'. May pips lead you to sandy beaches.