There will be probably a few more dips coming. Technically I think that even if it goes to 237.50 is still not a sign of reversal, but of a deeper retracement...so I also favor the upside...yet.

Daily GBP/JPY analysis

Should we start to consider shorting aggressively or still longs are favoured - i.e.buy on dips...what are your opinion guys? Cesarnc, I miss your smart insights 07:18EU'S STEINBRUECK SAYS YEN FX RATE SHOULD TAKE ACOUNT OF JAPAN ECON RECOVERY

Daily GBP/JPY analysis

I think we should get our weapons back and remove the dust because this week is surely gonna see serious movement. FOMC, BOE, ECB rate decisions, and besides, from today both London and Tokyo are finally out from vacation. If still nothing special ...

Daily GBP/JPY analysis

another day free from Forex. Enjoy your holidays. 03:05pairs sitting like dead ducks here sans UK

Daily GBP/JPY analysis

Yeah, you are so right, thats why I suggested it in the first place I think we might have a sell trigger soon on both GBP/JPY and Eur/Jpy.

strategy HILO on GBP/JPY

Good trade on GBP JPY, sold at 239.41, it just came up to trigger the sell order, then reached the TP. So 18 pips profit for me. Thanx again Saham For GBP USD, it triggered all my longs at 1.9873, 1.9863 and 1.9854 respectively, with TP roughly at ...

Sedona- A system for inactive hours

Funny we have another day of 100 pips for the monster GY. This animal is gonna be soon unleashed and then it will ravage the charts but until then we can set up a nice long trade for tonite I suppose. Because RSI was only OS today, my opinion is ...

Sedona- A system for inactive hours

hey Al Have, Im glad I could help. You are one of the veterans among us. Yes, I also believe this method can work very well, especially if you deviate from the 3 days rule...but until now I didnt found another filter. However, this week has been a ...

Part Time Wealth Building Trading System - Daily Scalping

Dont worry about the lost pips, I just trade demo. That is why I allow myself to break the rules a little, I keep a diary of P/L gained by respecting the rules and also by letting the trade run for a longer time. Until now, there was another case ...

Sedona- A system for inactive hours

Well, I guess we took a small loss this time, no big deal. This if you closed at 20 EST. I left it open and just got out with TP at 238.35. Also GBP USD closed neat the lows at 1.9978, I went short around 1.9975 with stop at 1.9959, but it seems ...

Sedona- A system for inactive hours

Im with u too, as always since the start of this thread. Cant believe that the range today was 100 pips only for the monster GY. Well, lest hope we can make a profit even from this small range

Sedona- A system for inactive hours

I scratching my head since yesterday. Im just a newbie, but I really want to improve this simple and effective strategy. Anyways, losses always occur, next week will be different, im sure.

COT Weekly Trading Strategy

Damn, Im pissed off. This was a very nice trade indeed, but i dont know why my Interbank FX closed my trade at stop loss, even if the price reached only 239.01 and my spread is usually 10 pips maximum, so the stop at 239.20 was safe....

Sedona- A system for inactive hours

Well I didnt lose on the short actually, even if it didnt reach the target, but I got out early enough. Anyways, interesting system indeed. It just needs a little more twicking.

COT Weekly Trading Strategy

This is what happened today and actually I jumped in the short trade as the box closed. Changed my TP to 238.60, close to the MA62. Because the London session closed near the highs, my hunch is that it will go up again after some retracement. ...

Sedona- A system for inactive hours

I didnt have any trades triggered for last night, as the market was awfully quiet after the gap, and its quiet even now. I think we will have a very quiet and boring week, but like Soros said, good investing is boring. Looking forward to the new ...

Sedona- A system for inactive hours

I got stopped out on the Long trade. CCI and MACD are pointing down so time to go short.

COT Weekly Trading Strategy

I got stopped out on the Long trade. CCI and MACD are pointing down so time to go short.

COT Weekly Trading Strategy

Thanx Scrat, that indicator is damn useful. I trying to figure out the best way to use it, in order to filter out bad entries.

Part Time Wealth Building Trading System - Daily Scalping

I agree on that. Going long has a 1:1 profit ratio, but it might be succesful. As you said, looks like 161 line at 9955 is providing some support, so it might retest the high at 20030 again. I suppose I will go short once the price comes back below ...

COT Weekly Trading Strategy