Hi Saxon, Your wait might be worthwhile for GU atleast. Looking at my charts, I think it is going to bounce to around 1.4460 atleast (though it might go higher). I am still waiting and watching - I got my fingers burnt twice when shorting GU ...

Nearly Naked (Simple Trades)

AJ and CJ breaking — I am on CJ targetting 90 initially. AJ is looking very bearish too..though I am still watching that (already have the AU short from earlier). UC bar turned green for the day. Now, lets see if it can somehow get the ...

Nearly Naked (Simple Trades)

AJ — Keep an eye out for AJ ...The current daily bar is looking bearish and the 4hr is putting a BEOB(?) at important fib levels..of course we still have to wait for the close. I would really like to see it break 83.05 with authority. That ...

Nearly Naked (Simple Trades)

Hi Saxon, I got in at 1.4835 (break of 50% fib from 1.4631-1.5051 on the 4hr). I closed everything at 1.4650. I think it is going to bounce (it looks like a double bottom again on the 4hr) and test 1.4720. Like you, I am looking to jump in but for ...

Nearly Naked (Simple Trades)

USD/CAD — GM everyone. I am watching Loonie with interest today. The daily has been bearish for the past few days but it might be turning today. I am watching for a close above 1.0235. If I get it, then I am going long against 1.04 as my first ...

Nearly Naked (Simple Trades)

Thanks for the welcome guys . To answer your question Saxon, the spread is fixed with FxSol. It was(is) 4pips during the release as well.

Nearly Naked (Simple Trades)

Maybe you guys can explain beter ... how can employment change be positive and unemployment go up? Is it just that previous non-job seekers are now in the market? Btw, I have been looking at the thread for a while but these are my first two posts. ...

Nearly Naked (Simple Trades)

Check out Fxsolutions, although I am not sure if you can call them low spreads. Spreads for Aussie is 4, Euro is 3, Yen is 3, Cable is 5 and the Guppy is 9pips. I don't think they are low by any means but like you, I don't like brokers who widen ...

Nearly Naked (Simple Trades)

--- I believe Shahab gets his COT charts from timingcharts.com. He has mentioned this in one of his earlier posts.

Weekly COT report Analysis + Trade Ideas

I am waiting for this one to come out - <removed link> Till then just my plain old laptop <EDIT> Removed the link in case it is against the rules. Just google for gscreen dual screen laptop.

Show us your workstation!

---- Hi Ibka, I saw this post and I wanted to give my 0.01cents on it. Although I agree with you for the most part that the current bull run is kind of exhausted, I feel that we are still at the beginning of an extended bull run. If you look at the ...

USD/CAD

FxAccucharts gap — Hi there, The gap is because of some hitch in the FxAccucharts software/FxSol data provider. I contacted their customer service and they assured me they are working on it. If you notice, even today's candle has opened after ...

USD/JPY Discussion

Thanks Shahab for the reply. I don't use Elliot Waves but I understand what you meant by the larger trend being up. I went short at 93.5 and rode it down till 92.75, before going long again. Lets see how it goes. Thanks for the help.

Weekly COT report Analysis + Trade Ideas

Hi Shahab, Thanks for the links. Let me see if I got this right... when there is change in net positions from positive to negative (or vice-versa) and COT index is extreme, then go with the trend. when the change in net position is in the same ...

Weekly COT report Analysis + Trade Ideas

Hi Shahab, Thanks for the trading method..really appreciate the guidance you are providing here. I have a question and was hoping you could help with it. In your latest update, you suggest that we buy UJ on dips. I looked up the yen globex chart (on ...

Weekly COT report Analysis + Trade Ideas