If it doesnt stop at 242 (previous Resistance), I still think it should drop to 240, the 38 Fib retracement. So anyway, going long now would be risky and very aggressive. Better wait for a bullish day first.

Daily GBP/JPY analysis

he is right, im still learning to analyze charts much better than people.

Daily GBP/JPY analysis

dont hope too much, Bravado will never say anything interesting here except claiming to us all his own achievements. He may be a good trader as he claims, but he is a damn annoying poster here. I think he is frustrated and needs some social ...

Daily GBP/JPY analysis

hi again to all. been away from this thread for a while, and it looks very changed to me. Looks like Auslanco is giving some very good trade ideas here. Nice man...wish you all the best from now on as well. Will come here more often from now. I just ...

Daily GBP/JPY analysis

what time frame do you use? I use FXDD charts which close at 17 EST.

Alternative Trend Following- A Journal

Just got to this thread and even if its maybe a little late to talk about this, dont take any offense of what that guy said, Jest. I also followed Tkimble's system, which is a very simple buy/sell at the open of a new day system. Thats all. Your ...

Alternative Trend Following- A Journal

Hello, I also dont think that there is anyone still trading this method in its original form. The market changed and we have to adapt to these changes.

Part Time Wealth Building Trading System - Daily Scalping

yes, i think so, why? you wanna sell? Everybody drink a glass of champagne, we will see 250 in a bit. Sooner than I thought. Its been a long journey, but it certainly paid off. YEEEY!!!

Daily GBP/JPY analysis

hey Olaha, very interesting system. It uses price action, is very clear, and it uses pivot points, which in my opinion are very powerful if used accordingly. Will test the system in the coming days and will return to let you know my experience. ...

Pivot Point with Money Management Strategy

Man, I think you will make a heart attack sooner than GY will even break above 249. RELAX - do you understand this word? If you keep acting like this, you will keep on losing and also spoiling this thread with stupid questions. And besides, this ...

Daily GBP/JPY analysis

i dont think you need to waste your time trying to understand why. Probably he doesnt know either.

Daily GBP/JPY analysis

wonderful Jacko, all you are saying is very correct but still very difficult to apply to newbies like me who get still get scared of the first 1 hour bearish candle when they are long. I know, its the trader's psychology that it the most important ...

Jacko's Forex House of Pleasure and Pain

thats very likely to happen after this wild market.

Daily GBP/JPY analysis

Hehe, I checked the 4h chart and couldnt find another candle like this one. damn, 200 pips long doji. Been there, lost that Im 90 % sure the trend will continue its way after this crap move as if it nothing happened. Just a quick 300 pips dip ...

Daily GBP/JPY analysis

crap, i hate when this happens. sudden drop in the yen crosses due to BS. Meanwhile GU and EU made new highs. Damn damn damn I hate yen crosses sometimes.

Daily GBP/JPY analysis

Closed Trades: Eur/Jpy long at 166.79 closed at 168.30 for 161 pips Profit. Aud/Cad -80 pips loss. Gbp/Usd -100 pips loss. Current Trades: -only Yen crosses (these work the best for me) -Usd/Jpy Long 122.44 stop moved to BE. -Usd/Jpy Long 123.50 ...

Highway to Hell

Dont get scared, my friend. Im sure all the users of River are making good scalping money with it. I use it on the 15 min charts, and I usually trade with the trend i.e. I wait for the dip to finish, and enter long at the first candle formed above ...

PowerTrading/The River

I dont understand all this rush to short on a gap which is no wider than 10 pips, at least on MT4. LOL. Anyway, it seems that now can be some short scalping possible, coz these god damn europeans dont like to go with the trend. OMG.

Daily GBP/JPY analysis

I think this is also what Jacko meant - he didnt give you the exact retracement value, i.e. 3541, because even the price wont fall exactly there. The idea is to take longs in this area which includes the 1.3541. at round numbers, so instead of 3541, ...

Jacko's Forex House of Pleasure and Pain

Yeah, Im inlove with EY lately. No crazy dips, respects the Fibs very nicely, and moves hell more than GY. Anyway, both pairs closed at historical highs on Friday, so please, those with bearish views, keep them for yourselves.

Daily GBP/JPY analysis