61.8% Fib projection is 139.29 (for the feb month) Point A- 145.31 Point B- 138.26 Point C- 143.65

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

GBP/JPY- Spinning top candle on daily- Bearish sign. Bears are in charge. I am short from 142.40 levels. T/P- Open.

Daily GBP/JPY analysis

Great. Thanks Mate. 0.82 is the yearly pivot for 2010. May be it test 0.82 in next few weeks. EUR/AUD is kissing bottom as well. But i have still not shorted AUD/USD or went long in EUR/AUD. I like spinning top candlestick formation to short a pair, ...

AUD/USD

Yes not at the moment. But if it gives me 200 pips by tommorow, i will close out the position. Right now good fight going on between bulls and bears.

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

I am a swing trader. I can hold positions for 1-5 days. I am trying to figure out what it will do next week.

AUD/USD

I am also now looking at daily candlestick with a monthly perspective. Sometimes my trades are open for a day and sometimes for as long as 2-5 days. Capture big pips using small size.

Position Trading

Bearish engulfing candle on daily.

EURUSD

Spinning top on daily GBP/JPY candle. It is a sign that bulls have run out of steam and bears are now in charge. I have shorted at 142.40 levels...targetting 200-300 pips in 2-4 days- Position Trading.

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

EUR/AUD is minus (-) 96% negatively correlated with AUD/USD

AUD/USD

looks to me 1.58 was the final leg of rally.

Cable Update (GBPUSD)

That was a good one- Hello Italy and then to 1.34 ! After that hello Spain and then to 1.32 !

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

Explosion- usd/jpy exploded to upside massive bullishness.

USD/JPY Discussion

You are right. EUR/AUD is kissing bottom. I am still waiting for trend reversal in AUD/USD. I will see price action at 0.91 to decide the course of action.

AUD/USD

Why traders are bearish on AUD/USD? — Why are you guys bearish on AUD/USD on higher TF? I see traders are saying they are targetting 0.82 but why? Aud economy is on growth path and there is going to be rate hike next month- so why traders are ...

AUD/USD

Thanks for responses...Strange USD/JPY.

USD/JPY strange behaviour

Once you get your 'trading edge', you need to screw up MM to become a millionaire. A UK trader name Raj Gill converted 7000 pounds to 7 million pounds in 2 years- You can google up Raj Gill. Until and unless you dont screw up MM and take big risks, ...

5000 pips Consistent Trading Statement

Great Chicky. Thats a great way to trade- capture big pips on a yearly/monthly TF. I myself look for daily candlesticks on a monthly TF and try to capture 200-300 pips per trade.

EURUSD

Happy New Year, Chinese Style

Spongebob's VS GBP/JPY Journal

Be a man- Go and Trade EUR/USD- The Daddy/The King. I have seen EUR/USD is the 'heart of the market'. Once EUR/USD makes big moves, market shakes and all pairs move.

Safest pair to trade?