Just an observation — GBPJPY seems to be reacting to positive market conditions very slowly. The rally yesterday from 203.6 to 205.4 was news driven as the US indices rallied also on rumours of a bond company's bail out plan coming together. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

OR — If i use the open range I use it for the 1st 30 min of US open ... 6:30 am to 7am pacific

GBPJPY scalpers

Today was a fun day. The short that I gave earlier worked out very well. Here is an updatedc 15 min. This is for Alex. This is a 15 min chart , with the linear regression channel drawn and a 1-2-3 buy trigger( low , high and higher low) The fib ...

GBPJPY scalpers

Congrats — You must feel awesome to be breaking even and learning so much along the way. Now your real journey begins. The proft making journey. Sound like you have worked hard for it,

Auslanco - GBP/JPY and GBP/USD (newstrade)

Nice !!! — Nice ... awesome job

GBPJPY scalpers

Good point — Good point.... seems news spikes the charts .. but the long term trend prevails

Cable Update (GBPUSD)

lol — LOl ... peed my pants laughing

Auslanco - GBP/JPY and GBP/USD (newstrade)

BUt there is perception — Currency can be driven by the perception of the country and foreign investors of if the person in power is good or bad for the currency. Watch what happens to USD in November durung the us elections. Who is in power ...

Cable Update (GBPUSD)

lol — I am in Canada but am form London That cracked me up

Cable Update (GBPUSD)

Try the news — Blair got rejected not price

Cable Update (GBPUSD)

Use of linear regression channel — Here is todays charts The break points to play are easy to see. Buy breakout 205 zone , target 205.4 ish sell break down of bottom of LR channel 204.6. image

GBPJPY scalpers

Yes — 50 pips. stop. I do not like trailing stops as I have missed good profits beacuse of them in the past. Yes to gbpusd. The methods in this thread can be used for anything. I trade GBP futures using them , also I trade other futures and ...

GBPJPY scalpers

No sorry — No sorry . If you google it you might get several sites to look at. The idea is to spot 1-2-3 pivot points . If you look in my last chart 1was the low at 1.9400 , 2 was the pivot high at 1.9740 zone and 3 was the pivot low at ...

Cable Update (GBPUSD)

This pattern could take days to break — What ever pattern is playing out right now might takes days to break. If you are bored waiting for it trying day trading the YM ( dj -30 emini futures). It ONLY moved 600 points today up and down !

Cable Update (GBPUSD)

rsi14 — I use rsi14 and simple moving averages , 10 , 20 and 50 I like to use fib extensions and fib retracements. Also linear regression channel or andrews pitch forks for support / resistance.

Cable Update (GBPUSD)

watch those dailyfx guys — I do not trade what they say , but do follow them alot. They have made some awesome calls.

EURUSD

Another way of looking at it — The chart below shows an Andrews Pitch Fork off the bottom. The cemtre of this is being testd at around the 1.9800 zone. If we break the centre of the pitch fork we should go down to test the bottom at about ...

Cable Update (GBPUSD)

LOl — You may as well say 50 % up and 50% down

Cable Update (GBPUSD)

Down .. up ..... — I agree with Makey . ... there are bearish divergences on daily , 8 hour , 6 hour and 4 hours. Unless these are broken we should drop.

Cable Update (GBPUSD)

60 min — With my system I have a sell trigger on the 60 min . 1.9790 entry , 1.9727 target. The 1st entry is right under 23.6 fib and the target is 38.2 % fib. Ultimate target could be the 50 % fib at 1.9665.

Cable Update (GBPUSD)