Maybe this is the reason for the spike — Citigroup to Sell $7.5 Billion in Equity Units to Abu Dhabi By James Temple Nov. 26 (Bloomberg) -- Citigroup Inc., the largest U.S. bank, said it agreed to sell $7.5 billion of equity units to the Abu ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Bounce off the lower trendline — I feel the pair will consolidate until wed base on the 60 min TF formation Long TP to 224.00 range on the upper trendline rgitt05

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

60 min GBPJPY chart — I am set up to take a trade if the 60min upper trendline break or bounce off the 224.50 range.. Short or long is the question for the hour.. rgitt05

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Hi Billser, Based on my weekly chart, it looks like the price action will bounced off the weekly and daily pivot .. I would wait until London time for confirmation since the market volume and violatity will pick up... rgitt05

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Look like the EUR will gain on the GBP if the JPY strengthen and USD weaken this week — Look at the monthly EURGBP chart The Daily pivot point is broken.. The upper downtrend line is broken.. Laguerre indicators point upward.. More evidence ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Back to the Basic " Head and Shoulder formation " on the Daily chart — A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (shoulder), followed by a higher peak (head), and then another lower peak ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Daily chart GBPJPY — Hi Imram, The laguerre indicators are pointing downward on the daily and 4 hr TF... This pair is heading down to the lows around April/ May 2006 unless there is some strong news from USA GDP 11/28, 11/29 TP 1 231.13 TP 2 ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

More indicator for higher TF — Hi imran, Thanks for sharing your strategy with the group. I tried this indicator (Demark indicator) for about a week with your set-up for confirmation and it helped me to determine the overall trend. Breakout on ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Pivots Point Multitime- Frame — Hi Group, I recommend this indicator to help identify the support and resistance..It is highly recommend!! rgitt05

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Hi Imran, I observed that the ZeroLag Stochs signals an early entry and the Laguerre (gamma 0.55) early exit.. I used the trendline also to help with the trend... Look at my chart attached...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

I used Forex 101... Basic Trendline drawn to determine the direction.. I stay in the trade until the two lines cross.. White above Red stay LONG Red above White stay Short I like using this indicator because I get an early signal for entry or exit.. ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

My set-up with Imran's Method — Hi Imran, First of all, I would like to thank you for contributing your method to the forex forum.... I found this indicator shown on my chart to be very helpful with the basic trendline... ZeroLag Stochs White ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

You can't believe everything you hear..They said the mortgage industry will not have a bubble...I guess they are wrong... rgitt05

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

Trend is your friend.. — Look at the Daily chart....Strong trend downward...Higher TF means stronger trend...This sub-prime mortgage issue is going global... Still more downward movement before a rebound. Fasten your seatbelts..The market is ...

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

Daily trend showing a strong downtrend — If the GBPJPY breaks the 237.60 range, this pair is heading south.... rgitt05

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

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

237.60 range is probably the downtrend confirmation — My overall confirmation for a downtrend on the daily chart is 237.60 range break thru...Look out below if this happen... rgitt05

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

In the next hour London close... — Let see what happen after 11:00 am .. rgitt05

Daily GBP/JPY analysis

Trend is your friend.. — No big news next week mean technicals next week...The Tony Snow said that the weakness in the dollar is good for export economy... I trade on the 4 hr charts and daily chart...1 hr chart for entry.. rgitt05

Daily GBP/JPY analysis

You got that right... Trend is your friend as well Auslanco

Daily GBP/JPY analysis