Today is the peak of the Obon holiday in Japan so there'll be unusually low volume on the Nikkei and Asian session. Everyone's on vacation even though its not an official bank holiday.

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

I work purely off technicals and use the monthly and weekly chart to map the coming week. It's much easier to see the patterns. I keep an eye on fundis so I can adjust to them, not predict them. It can take months or years for trends to play out, so ...

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

A few of us saw this. From my post on Sunday night.... So far this week, the GY has behaved normally for a change.

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

Sure, Obama's an "awesome" guy, but he's also the banking system's point man. Has been from day one. Bush was Military Industrial. This administration is banking. Most of his cabinet comes from the banking industry or an extension of it, IMF etc. GS ...

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

I'm bearish for the week, but overall bullish to 167.35 - 172.00 Even with the BOE increasing the asset purchase program to 175 billion, we still climbed 350 pips on the NFP. I think the fundis will catch up eventually and we'll have a correction, ...

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

Tips have always been bad. This quote made me think of a Jesse Livermore tip in 1929 that didn't quite work out. This should go (down) no further.... whoops! The 1927-1932 S&P Composite chart is interesting. If history repeats itself, JD Rockefeller ...

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

donfriday, don't feel bad. the markets are very difficult lately so you need to be extra careful. protect your account and all is good I took 3 hits today. not so happy about that. it happens...

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

I agree completely. I got hit twice. (one time a whipsaw got me by 1 pip and then ran out my SL) so I stopped hedging news. The spread drops after the spike so catching the retrace is much less stressful and much less costly. my heart gets enough of ...

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

good afternoon everyone 159.5 held, let's test 160 again! This PA is like a drunken pirate dancing on a staircase.

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

Happy trades to you as well!

Cable Update (GBPUSD)

Not surprised. I said many, not all. People like you and Grashid have well considered analysis, but it's difficult for someone new to forex to differentiate what information on a thread is valid. That's what I was referring to. As far as ...

Cable Update (GBPUSD)

I don't know whose post this link is from, it's just an attachment list. But you don't need a template, the indi is what it is, and honestly, It's just ok. A 12sma does the same thing. I was checking it out because people were talking about it.

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

no offense intended. I thought Forex lion was talking to someone else. (the lunatic who was yelling at everyone before) my bad. you can DL the tema here. url

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

You have to wonder how much effort people put into their trading if they can't be bothered googling something. btw, the tema is pretty good, but it reverts to the 5 line thickness when you change time frames. Is there a fix for that?

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

LOL good choice! There are no "big dogs" in here. This is just a fun place to hang out and kill boredom. Most people in here are on demo, or have a day job, so they can make riskier calls, because they're having fun trading, not doing actual ...

Cable Update (GBPUSD)

The PA has been shite the past couple of days. I'm trying NOT to take any big trades right now so I don't chip away at Monday's profits. We will find direction again, and I believe it's up, maybe after Friday NFP we'll get the move. I had to close 2 ...

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

It always moves on anticipation of news. If the figures had been outstanding then there probably would have been follow through. The Lloyd's report may have had an effect as well. Still flat until we break out of this lovely 15 pip box range.

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

We'll get an answer if we break resistance at 161.75.

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

I'm doing good. It's nice we finally got some action yesterday! much better than last week. it looks like pending home sales is in. now we should get some movement. let's get some green pips!

Cable Update (GBPUSD)

Hi Chris How're you doing today? Maybe it's trying to tell us it needs vitamins! lol

Cable Update (GBPUSD)