[quote=asyi;1454555] I believe it is 1-5. 1-4 provide the push, while 5, ie. technicals, determines the support levels and reversal points

Daily GBP/JPY analysis

bravado you are nice and I have learnt a lot from you - so I surrender if you want to fight. I am a profitable trader who rarely speaks.

Daily GBP/JPY analysis

Bullish U.S. doesn't necessarilly equate to a bullish GU. Remember GJ = UJ x GU UJ has been relatively static compared to the other crosses. By the way, I tend to trade based on the following criteria, in order of diminishing importance (those who ...

Daily GBP/JPY analysis

Thanks rs5, I always wanted a real-time Shanghai index source, but didn't know where to find one.

Daily GBP/JPY analysis

My bias is still down for GBPJPY - I have a sell at 240.09 S/L 240.70. I trade on the 15 minute chart - the 34 ema is a good indicator for the short term direction of GJ - the pair always seems to bounce off it a couple of times before breaking ...

Daily GBP/JPY analysis

FOMC minutes: FOMC MINUTES FROM MAY 9TH: INFLATION REMAINS PREDOMINANT CONCERN; HOUSING TO WEIGH ON GROWTH LONGER THAN ANTICIPATED - inflation remains uncomfortably high - consumer spending to grow at more moderate pace - prospects for growth, ...

Daily GBP/JPY analysis

In about 1 minute.

Daily GBP/JPY analysis

Best to wait till after the FOMC minutes. Also note that the DOW is now negative: Dow turns negative and the JPY crosses get hit .

Daily GBP/JPY analysis

Move Down? — This move down seems a bit too obvious. For weeks people have speculated the rate hike and the market subsequently factored it in. The obvious move would then be a massive correction and profit taking. But GU never does the ...

Cable Update (GBPUSD)

I totally agree. Its quite annoying when people gloat over a trade with no reference or pointers to how they achieved it. Totally useless info. People like cesarnc will continue to have my respect as they always state the build up to their ...

Cable Update (GBPUSD)

I dont like Friday trading - you will definately see a false break or two. .

Cable Update (GBPUSD)

Great - any way of finding a graph / chart of all the components and their percentage effect on this index?

Cable Update (GBPUSD)

US Index — Noticed that the US Dollar Index has steadily been on the rise - it passed 82.00 just moments ago. Remember 82.2 was the value that was breached when the dollar took its major downward slide. This index has been indirectly ...

Cable Update (GBPUSD)

Igrok, so much for your forecast. 'We will see 1.400 before 2.00' I think you should go back to cattle herding. You've misled a few people on this forum with your strongly convicted statement.

Cable Update (GBPUSD)

Alas, my sarcasm is being taken seriously

Cable Update (GBPUSD)

Stablisation Fund — I think its rather sneaky the way Big Money pushes a currency up and down for no apparent reason except to screw the Small Money people. There was not a strong enough reason for this GBP sell-off - and it was done at the ...

Cable Update (GBPUSD)

You're very much welcome! There are other forum threads in ff for the yen crosses.

Cable Update (GBPUSD)

My news service says its because: 'IG Metall may commence strike actions soon; First round of strikes would be aimed at Daimlerchrysler - Unions' Also profit taking from Eur/Jpy's 9 year high.

Cable Update (GBPUSD)

Cable is truly unstable today. It currently has NO correlation with ANY of the other currencies looking at the mataf.net analsis: url This makes it a lot harder to trade - I always check a currencys correlation with a major pair before entering ...

Cable Update (GBPUSD)

I hope the 18th century expression 'As worthless as a dollar' doesn't relive itself Are you still using the dollar index as your guide to a turn-around? Its currently at 81.711 - I believe 82.2 levels breach was when all hell broke lose and ...

Cable Update (GBPUSD)