Depends on what Frankfurt wants to do. Perfect setup for the headfake and continuation down. If you look at the Daily, 130 is key support area. If we get under that WS1 is sitting at 129.6, S1 129.3 area which is also neckline and Daily support ...

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

I know. I was shocked. October is when the new models arrive and apparently they have a lot of back stock that they haven't moved. The sales guy said to wait, September they'll probably cut prices again. It wasn't a comparison, a seperate thought ...

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

The larger corporations are feeling the pinch, no doubt, but as Ishida stated, "We buy a lot of parts in dollars, so even if that rate moves, there isn't a huge impact," which is a single example of how global diversification has softened the blow ...

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

a couple more charts — I also trade Ichimoku and agree with your outlook of the downward pressure that it was signalling. We are seeing that play out now. I wasn't referring to the effectiveness of BOJ policy in my comment, I was referring to ...

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

A retrace may be in the cards, maybe not. Look at UJ Daily. Personally, I'd wait for a better signal to go long.

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

babypips is an excellent place to start if you're interested in learning what trendlines are. url As far as the Yen is concerned Kan is under intense fire at the moment from Ozawa. This has eclipsed BOJ policy towards the Yen as Kan ...

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

lol.... I was going to say the same thing. hope your trades are going well

Cable Update (GBPUSD)

updated chart — .

Cable Update (GBPUSD)

nice charts. watch for the long term Daily LTL, sitting 15440 Q1S2 area, and under that the shorter term Daily LTL 15400 S2 for potential bounce.

Cable Update (GBPUSD)

Thanks for sharing I don't see how correlation is confirming your entry decision. Usually there's a lead pair which often determines the price action of the pairs that are correlating with it. So it's helpful to know that pair's support or ...

Cable Update (GBPUSD)

some people can't post charts, so they post their entries and reasoning before they take trades using words. that's perfectly reasonable. so how do you use correlation as an entry signal?

Cable Update (GBPUSD)

the beauty of this job is you never stop learning, so it never gets boring. btw: you never shared with us how you use correlation as an entry signal. (I'm still curious) maybe next week you could post an entry with your logic for taking the trade. ...

Cable Update (GBPUSD)

updated chart — the past 3 days did pretty much what I expected... in very slow motion. good luck with your trades everyone and have a great weekend! Tuesday's post - url

Cable Update (GBPUSD)

Hey Mate, Hope you're staying cool! I'll post the set up for the RSX on my thread, don't want to clog up the board here with geek talk. url btw:I wanted to mention to you to check out the Meguro pool. It's a great place to hang out in summer. I ...

Cable Update (GBPUSD)

You may be right, but the Monthly Dynamic Balance Point is sitting at 15625, and we're still trading under the Descending Daily TL. During the last move up, many people were calling reversal on July 1st, 12th, and 21st. That's why I prefer to wait ...

Cable Update (GBPUSD)

hey Paul While I was writing my post about fundamentals, I didn't see you posted. ...lol Thanks for the insight. Hope all is well and you're enjoying your summer!

Cable Update (GBPUSD)

As far as GU is concerned, we still haven't clearly broken out of the indecision area. We are trading above the Weekly and Monthly Pivot, but PA is still bearish on the daily chart. The recent move up could well be positioning for a drop off the US ...

Cable Update (GBPUSD)

closed my short here. 15519. let's see where this is going. didn't breach the 1H TL so far.

Cable Update (GBPUSD)

use the RSX, all the other stuff is installed just to support functionality. first of all I am not an indicator guy, so am not going to argue the virtues or shortcomings of them. anyone who knows me or has followed my analysis knows that my method ...

Cable Update (GBPUSD)

Yes, I've heard that quote many times on the boards. It all depends on how you quantify "lag". If something is accurate within a small window of time, then the "lag" is acceptable. It's all relative. Jurik closed the gap quite efficiently so the way ...

Cable Update (GBPUSD)