Using fibs we have a poss move to the upside of 242.24 ( being start of yesterdays down move) with an extension at 242.68 ( 127.2 fib), Hourly CCi's and RSI's are going to the upside but we need to break the 100cci on the dailys to really see some ...

Daily GBP/JPY analysis

For what its worth here is my view - based on fibs we have gone through the 127.2 level of the last major upswing and have touched (almost) the 161.8 at 241.08. Now, if we recover from here thats fine, the problem is if we continue south I see ...

Daily GBP/JPY analysis

I can see that. which is where the opporunity lies. I am out with 20 pips and setting a buy at 241.05 with a tp at 241.25

Daily GBP/JPY analysis

missed it as I was out, its the 78.6 fib of the last run up at 241.73 so I guess long is a reasonable position. I am long at 77. May have to buy again lower though.

Daily GBP/JPY analysis

Fibonacci — I have had a few pm's re how to draw and interpret fibonacci's, I can only really recommend one guy - Mark Braun, his site is at url abd there are some excellent tutorials there and even the offer of a free week in his chatroom. ...

Daily GBP/JPY analysis

Well done - I went back in at 05 and limited out at 50 - so I am a very happy bunny !

Daily GBP/JPY analysis

I got out at 96 so pleased with that. Where next I wonder

Daily GBP/JPY analysis

Theres no beating fibonacci's - yippeeeeeeeeeeeeeeeeeeeeeee !

Daily GBP/JPY analysis

Looking at the charts there is a 161.8 extended fib from the last major push up - which suggests to me that this should be the bottom - so I am going long at 241.54 with a sl at 241.30 and a tp at 242.40.

Daily GBP/JPY analysis

How are those stops buddy !

Daily GBP/JPY analysis

We are in an interesting area at present - just above the 78.6 fib line on the hourlies ( drawn from low to high on 25th May). We could go either way here so scalping is the way for now as the opportunities are there. If we drop I can see us at ...

Daily GBP/JPY analysis

I am looking at 238.40 from my fibs - so we are there or thereabouts.

Daily GBP/JPY analysis

I agree, we could even see a .5% rise bearing in mind the figures.I have gone long from here.

Cable Update (GBPUSD)

Just remember..... we invented that over here in Blighty first, its called Netball and is played not by biological freaks but by GIRLS !! nuff said. lol

Cable Update (GBPUSD)

Ive been looking at the charts for about an hour doing some research and the immediate thoughts are as follows: Looking at both the hourly and daily chart there were fibs in place around 9362 ( 38.2) of hourly and 9357 ( 23.6) of daily. On the ...

Daily Cable Analysis

The current area we are in represents a strong area of support on the daily chart using various fib starting points from 06/29, and 10/16. These are genrated at 9609/10 area, whilst we dipped below these to 9199 we obviously have the 9200 as a an ...

Cable Update (GBPUSD)

HC... dont be so negative bud, 9400 surely

Cable Update (GBPUSD)

Morning! I agree with you here, I have 9461 as 78.6 retrace level..... and we all know how cable loves 78.6 retraces

Cable Update (GBPUSD)

Been there, done that , got the T shirt ! I decided to say that as soon as i had made 10 pips on a trade to bank it, unless it was really strong movement, then add 5 pips each time to the ten until it stalls, but always BANK. I have lost extra pips ...

Cable Update (GBPUSD)

Great minds think alike !

Cable Update (GBPUSD)