Makes sense. I'm still trying to get my head around what the effects of this co-ordinated restructuring will actually be upon the markets, if any. I'm certain it's no coincidence that they've pulled this rabbit out of the hat at this particular time ...

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

Use a stop loss.

hedging - A new flavour of trading

Huge pin bar forming on GBPUSD H1. JPY still weakening though against other currencies so it's a little muted in GBPJPY. I'm seeing a ceiling at 231 - if we pass that I'm going to go and get drunk.

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

There were two bits of news that have led to this recent price movement. Both had a strengtheninig effect on the GBP/JPY and they were released within minuted of eachother. From Trade the News: 1401GMT: JPY weakens after joint central bank liquidty ...

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

It's been kind to anyone who was just following the signals. Those (like me) who tried to guess where the market was headed shot themselves in the foot. These markets are infinitely perplexing. After the disappointment on Wall Street major banks ...

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

You know when all the traders are calling in one particular direction, it's time to stay out of the market or do the exact opposite. I think today has been a prime example of that. I ought to write that down, because I didn't, I've been loading ...

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

Not sure about the MACD stuff, M2B is the man to talk to about that but I like that wedge. The price generally tends to exit the wedge in the same direction it entered on this wave, so let's see what plays out. Nikkei bottomed out at 15700, treading ...

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

Hey FX, I've taken a lot from reading your analysis and I imagine other people have here as well. You got one wrong.....so what? If anyone was blindly following your calls without understanding the rationale behind them then it is their fault if ...

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

Check out this document that I found elsewhere on FF about Median lines. Thanks to whoever wrote it. Hey MMdealer, I love the look of that H&S and when the fundamentals were matching up a couple of weeks ago I was absolutely certain we were going to ...

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

Nikkei is already down 2% which I guess is to be expected following the bloodbath in the US. All the idiot optimists have finally had the stuffing knocked out of them by reality hitting them around their heads with the recession stick. Still, GBPJPY ...

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

Why? Have you got a short open from that price? If you have, use a stop loss next time. Nobody knows what's going to happen, less still when things are going to happen. But, gene22 has been in the game awhile and has made some accurate predictions - ...

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

DP is in rear view mirror now. So much for that theory......

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

I'm out, got my 100 pips. Daily pivot (calculated at end of NY yesterday) is at 227.86 and I believe this could offer significant support for the time being, and at the very least we're due to retrace back to 1H5sma.

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

url which is affiliated with UK betting exchange betfair also offers a financial fixed odds betting service. Again though, due to gambling legislation US'ers are not able to participate (at least not directly). I haven't used it myself but could ...

Daily/Intraday Momentum Analysis

Let us have a look then, that's bound to blow your 100% success rate! Is it just me or has the beast tamed a bit in the last week or so? That's not to say that I'm winning any more (which I'm not) it's just got a bit dull. Hopefully things'll liven ...

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

30 pip gap down and 1H QQE about to turn.

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

Look back on lower time frames. My favourite colour is blue. PS. Can anyone provide an explanation as to why gaps 'must' be filled? Statistically they do have a high probability of being filled but I think that is just due to the oscillatory nature ...

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

I see dead people....

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

Sounds prudent. The break out of the channel was majorly significant yet what with it being an irregular trading day you've got to be cautious how you interpret these things. Live to fight another day. PS. Canadian employment figures came out ahead ...

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

If only it were that black and white. I'm trying to get my head round this stuff myself, but this is how I'm seeing it. Feel free to comment and/or correct. One element of the carry trade is the interest swap - the difference between the two nations ...

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