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Wasn’t looking very closely on the charts as Consumer Confidence isn’t a big indicator that’ll move the candles in any violent way. I’ve placed my stop sells in case the cable choose to crash down out of the trendlines; it didn’t

USD Consumer Confidence turned out to be even lower than forecasted, giving a quick boost to the pound around 30 pips before sliding back.

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Woot, and you think the cable’s gonna stop there?

Dan, Pete and I were discussing about the cable and what direction it’s going to take a day ago. Whilst Dan kindly drew a chart to explain to a beginner like me what will happen, Peter B derive at the same prediction. I’d be sharing a chart which Dan has done.

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Fantastic day today with UK CPI Figures performing better than forecasted. It was enough to shove the pound up a big one; I look at it as a catalyst to push the cable to break the trendlines on the 4 hour.

Good trade today, I should probably start doing some charts as well so people can start correcting me if I’m wrong. lol.

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Was scalping a little with trendlines and fibonacci techniques on the pound when I realise the TP of my MT4 is not working when the desired price is met. This is the first time it’s happening to me, but I’m sure experienced traders will tell you it happens all the time.

Read the full post of Beware when you’re using Stop Losses or Take Profits

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Dan’s a pretty sharp technical chartist and he has opened the Trading Zone to update us on his insights on some of the major pairs. Feel free to bookmark this page.

Popularity: 11% [?]

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Would have been a good trade if you’re trading the news; If I was in front of my terminal (Hell it’s demo still!)

The PPI figures turn out to be better than forecasted,

Read the full post of UK Feb PPI Input/Output Figures

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With the big movements from the cable and yen for the past few days, there’s definitely a dip or even margin calls coming from users of Freedom Rocks as well as ForexForSmarties. A user, harry posted on our HYIPBlog shares his shocking experience on FR with us here,

hi folks,

Read the full post of Freedom Rocks - Frying Accounts?

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Caught this piece of article from a local newspaper which gives advices about Stock Market. I thought it’s pretty relevant to forex too, so here it goes

Read the full post of Words of Advice Article

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