Pound just opened 20 pips higher, playing the gap now.

Cable Update (GBPUSD)

Yeah, we definitely plotted our fibs differently...Im looking over them now. I think I jsut plotted mine forthe shorter term, whereas you put yours based on the entire move upwards, on the daily chart. Both could be right in this case, once you ...

eurusd-tech trading

Excellent! Thanks Tiki, battle of the fibs! jk. This is true that perhaps it has some more room to come down, but I doubt very much before a continuation upwards. What are the indicators that Booker made? I'm asking so as to create a little ...

eurusd-tech trading

lol, I guess I'll just add to the list right now, mainly because of boredom before I go out tonight. Right now, the weekly and daily charts seem to be, for the most part, in congruence with each other. Both are in an upwards channel at the moment ...

Cable Update (GBPUSD)

Based on my analysis of my weekly charts, I would think that we've just seen the retracement to the 38.2 level from the last bull move up. With this, I think we could very possibly see a continuation of the uptrend that has been prevalent. What are ...

eurusd-tech trading

These price patterns, when used in congruence with other factors such as support/resistance and trendlines, etc. are much better than 50%. Just have to know what to look for thats all.

Cable Update (GBPUSD)

I agree with you HnP, I think that we may finally be headed for a 100 to 200 pip move downwards from this area. I won't be in until after the weekend however.

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

HAHAHA oh damn markam, that was hilarious.

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

Trade on whatever currency an oppurtunity presents itself.

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

Tiresome or not, that's how you learn. That is why everyone is here - to be able to learn from the ones that know and then be able to teach others just as they were taught so graciously by the people here.

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

Auslanco, would you consider this as being just a retrace to the natural price, the 5 sma? Im still learning this bit, and I am still not entirely sure of it's abilities.

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

Whatever your doin to scalp this market Steviet, keep it up my friend. Congratulations

Steviet's Live Trades!

Great thanks 59. That is excellent risk aversion right there my friend.

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

If I traded without a doubt, my friend, I would be incredibly broke... haha

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

why 239.50 if you dont mind my asking? That is the top of a resistance level, but other than that I am not getting anything out of that level. I doubt we could see that high of a price before more downwwards movement.

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

I think this move upwards to 239.17 may have just been a retracement from the last move down. Hopefully now we'll see more downwards movement throughout the night. Any other opinions that could give me something to think about?

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

Thanks Hakuna, I do see your reasoning for this. Oh and about taking the 20 to 50 pips on the shorts, your a very wise man.

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

Whats your basis for going long Hakuna? At the moment I dont see it moving higher upwards, but instead moving lower. It looks as if though we are in a small downtrend on the hourlies.

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

Still looking to see that rise in price before dropping. The last 4 hour bar confirmed that there is still too much pressure to be able to fall yet.

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

What was your analysis for your short? Why did you take it at the moment? Im just asking as all Im seeing right now is noise and it looks as if thought (to me) we will range for a bit before the market gives us a clear direction.

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