The Oil market is finding some strength on the back of the stronger global equity markets and buying from speculators who feel t hat this market is now oversold. While it is true that the down trend could afford a decent rally without showing signs ...

Oil Trades and outlook

Just trying to match your charts with mine, what TF are you using and is this WTI instrument ?

Oil Trades and outlook

I mainly trade Brent only and have done for a few months now. The key trade times for me are at open in the UK 7.15am through to 10am - usually quite a bit of movement in one direction, and also around 3pm to 5.30pm UK time - after that things get a ...

Oil Trades and outlook

I have started a thread in commodities for Oil only - feel free to have a look . url

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

Let mine go at 159.25 - good enough for me as up a bundle of pips !

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

Karmo - thats exactly how I see it, thats a key area with the Gann and the 50ema on 4hr coming into play. Anyone else on here trade Oil ? I love Oil......

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

Where do we see this going ? Maybe the 158 area around 1hr 50ema ? Seems reasonable to me. Cable diving and oil following suit - could be a nice drop on our hands. Short from 162.79.

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

Financial Crisis hits Japanese banks — It gets worse. I've just read that uncertainty has now hit the Japanese banking sector: In the last 7 days Origami Bank has folded. Sumo Bank has gone belly up. Bonsai Bank announced plans to cut some of ...

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

Befuddled is the name of the game in forex. You short, I long. You long, I short. Depends entirely on how you read and interpret the charts and other data - however - the trend is your friend ( usually) - but your friends will occasionally shaft ...

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

Also - lest we forget - the US and Canada are on holiday today so volumes are relativley thin. If Gustav lands as bad as suggested then Oil will rise, possibly fuelled by technical Long order in place, which could in turn force UJ down and drag GJ ...

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

The market is being driven by the dollar, and with such emphasis placed on Gustav at the moment it is difficult to see much of an upside - especially when you consider the trend as well.

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

Sounds a reasonable strategy to me ! next target is 196.89 for me.

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

For me a lot depends on what happens around 198.20 - its the area of Daily S3 ( at 198.23) and weekly S2 and 76.4 Fib at 198.07 plus some historical support/resistance .So all in all could be pretty tough. If we clear these I see 196.90 and then 195.

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

Hope this helps if anyone needs it - dont know if there is a newer version around.

New profitable System - Sidus

I have the same problem

Chronicles of the Price Action Scalpers

[quote=dreamtrader;2141346]anyone knows what is happening with GU? news? Bad news from BA and Alliance & Leicester - profits down 88-90%

EURUSD

I use ODL Securities and have done live for 6 months now. Verdict - very good, no bad fills, no massive spikes that dont appear anywhere else, no price spread fluctuations during news etc etc. All in all a pleasurable experience. Cust service has ...

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

HI bud, did you mean oversold ?

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