More on the Euro from MF global : "The US dollar was broadly weaker in New York trading Tuesday, with EURUSD trading up to an all-time high of 1.4985 and USDJPY trading in a 107.20-107.93 range. Data releases were on the whole disappointing, with ...

ACD Method on GBP/JPY One trade a day

The problem we are facing with the euro/USD is oil. Since people still fear (?) a recession in the US, any major surge on the oil price will automatically trigger a weakening of the dollar. So Donagh , in my opinion, it is still too early to sell ...

ACD Method on GBP/JPY One trade a day

Well one more thing. I already told you Donagh that I look at correlations. So When I look at Eur/Usd, I check USD/CHF. They usually move in opposite ways. So coming back to Selling EUR/USD, a confirmation should be when the price of USD/CHF goes ...

ACD Method on GBP/JPY One trade a day

Just got out of EUR/JPY... 160.64. I don't trust these markets. +47 pips.

ACD Method on GBP/JPY One trade a day

I think you may be a little early. Euro could creep up a little further. You see the first 2 weeks pivot range. One of two things: 1. either it gets close to the upper blue line. Sell... And double if it breaks the darker blue line. 2 or it starts ...

ACD Method on GBP/JPY One trade a day

I made a slight correction

ACD Method on GBP/JPY One trade a day

Sorry for the bad quality of the picture, will try to do better next time

ACD Method on GBP/JPY One trade a day

Donagh, I got into that trade a little earlier 159,56. Booked my profits a little early : 160,01. I did not trust the run. We are in choppy markets with no real direction. I am looking at the Euro/USD closely. It seems like it is out of breath. ...

ACD Method on GBP/JPY One trade a day

Donagh, I understand you use fibo's as a breakout system ?

ACD Method on GBP/JPY One trade a day

Interesting Donagh, I have switched to ACD 1hour for Yen pairs and 90 mns for European currencies. The difference lies in my charting service... Complicated to explain, but it does not matter. The main problem in our markets is that when the price ...

ACD Method on GBP/JPY One trade a day

Donagh, I don't understand the method you are using... PLdot. Drummond's ? Cabn you explain ?

ACD Method on GBP/JPY One trade a day

Gibraia, Hi I don't mean to confuse you. But this is what I have found out after constant research : A = ATR(30days) x 10% C= A x 1,5

ACD Method on GBP/JPY One trade a day

Donagh, I understand your frustration. But right now the markets are in a risk aversion position. This is the reason why they go up and down so violently whether forex or stocks... I don't think in these times there is a system that consistently ...

ACD Method on GBP/JPY One trade a day

Newline, The book is quite clear. It is 2 AM GMT.

ACD Method on GBP/JPY One trade a day

Basically, by offering to reinsure the Municipal Bonds, he is taking from insurers "the better stuff" and leaving them to deal with the junk. No wonder these guys have a hard time accepting. Some of them may be force to accept if it means loosing ...

ACD Method on GBP/JPY One trade a day

But from what I understand he is only interested in the insurance of municipal bonds. Right ?

ACD Method on GBP/JPY One trade a day

I managed... I don't know where I left my brain this morning

ACD Method on GBP/JPY One trade a day

I have a problem I cannot read Scotts indicatoron Metatrader... Does anybody know why ? Thanks

ACD Method on GBP/JPY One trade a day

donagh, This is strange. On my charts, the result was a failed Aup

ACD Method on GBP/JPY One trade a day

Donagh Do you use the 2:30 opening, in other words, the 1:59:59 closing to calculate the P-range... Or simply the midnight ?

ACD Method on GBP/JPY One trade a day