Thanks (bro) ... must mean i'm part of the family! At close today eurusd, i intend to move the stop to break even, so it will be a free trade from that point onwards, If we use your fibo lesson, the market should move to at least 1.5830. But we'll ...

james16 Chart Thread

Sorry did i give the impression that i look at different timeframes? I dont look at anything less then the day bars. As for the nzdusd, when i took the trade which i think was on thur for the inside bar on nzdusd to me it was a valid bar, the friday ...

james16 Chart Thread

Gi, Both trades still open, eurusd and nzdusd. I only look at charts at the end of each day, from work i cant access my broker. so at the moment i eurusd is in slight profit, and nzdusd is in slight loss N

james16 Chart Thread

hi, It was one of 2 trades i was considering, the 1st was eurusd, that looked a better trade which i took. The 2nd nzdusd i took as it fell into what i consider my trading criteria, a pin bar on support or resistance. I never risk more then 2% of my ...

james16 Chart Thread

Ghous, thanks for the great reply, Its a learning experrience for me, when i saw the chart, i can clearly see that its in a downtrend, But on the day the pin bar formed on my charts it did look tradable, I just wanted an opinion to see whether other ...

james16 Chart Thread

Hi, Could you possibly comment on nzdusd, 2nd to last bar, was that a qualifying pin bar? the only other thing i can state about tis is that the market has bounced off this support line since sept 2007. It may well get broken this time. Edit: Yes i ...

james16 Chart Thread

er where have all the Euro bulls gone?

james16 Chart Thread

Hi, so you`ve pulled the fib tool from the low to the high, and its retraced at 50% which in fibo world is significant? Thanks for the diagram explains what u ment a lot better. N

james16 Chart Thread

Hi, Fib confluence?? I once upon a time did look at fibs, but to be honest i could never get them to work for me, so i ditched them I only look at Trend direction support and resistance lines and finally look for reversal candles. I took that eurusd ...

james16 Chart Thread

Hi again, I took the long on the eurusd last night, it was on support and looked like a qualifying pin bar to me. Jim, and extended thanks to you, if you`d not started this thread, I dare say a lot of people would still be in indicator land. I`m not ...

james16 Chart Thread

Hi everyone, I just wanted to say hi, and thanks for some of the best forex content i`ve seen in a long time. I was one who used be moving on from one indicator to the next, until i started to look at candle sticks and support and resistance. I`ve ...

james16 Chart Thread

i dont think it will begin to reverse until theres an indication that the Boe are not going to cut rates again, if the US does then theres a good point to think about buying. There is strong support around the 1.9800 point so lets see what the price ...

Cable Update (GBPUSD)

hi, Do you guys follow fundamentals or are you purely technical traders? I try and look for turning points in news and then look for technical entry. At the moment i'm waiting to hear some positive news from the UK, as at the moment its all ...

Cable Update (GBPUSD)

i`m long @ 1.9897, cant see feds increasing rates, i`m expecting a ramble about inflation, but theres too much weakness in the $, tomorrow the £ will rally as a result of the rate increase, and the possiblility of another rate hike next month or the ...

Cable Update (GBPUSD)

UK inflation is over 3% the target level set is 2% We have 1 guaranteed rate rise and i would say 1 more possible, so i'm expecting a break of the high at some point I dont see any strength in the usd, but lets see what the data comes out as, its ...

Long term CABLE short from current levels?

How do you tend to trade this pair, technicals or fundamentals? I'm trying to trade this with the vanessafx system. But i'm keen to see how others trade it. thanks N

GBPJPY

Is anybody still using this method, things seem to have gone a little quite? N

Eagle Method MA Crossover System

hi guys Are you purly techical traders or do you use fundamentals aswell? Thanks N

Daily Cable Analysis

thanks for the system!

Great GBP/USD Strategy for Swing Trades

Hi I believe that it is a bank holiday (public holiday) both europe and UK trading floors. US should be trading as usual though so there should be some volitility then

Daily GBP/JPY analysis