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honeybhi replied Sep 17, 2010Read all the posts and see what approach they are using to analyze and learn from it .Back test whichever method you like and if successful stick to it .
Cable Update (GBPUSD)
- honeybhi replied Sep 17, 2010
I think all the pros already partying with the huge 500 pip move this week .
Have a nice weekend bro.Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
But 4hr and daily we may see another big move down. I know stochs can stay in OB and yet keep moving ,but something to keep an eye on. I may be wrong .Lets see. Lets trade as it comes.
Cable Update (GBPUSD)
- honeybhi replied Sep 17, 2010
A weekly close above 1.57 area would look good for bulls in the coming days imo.
Cable Update (GBPUSD)
- honeybhi replied Sep 17, 2010
Today's movement was based on GBPX strength and the drop came of the rejection at daily 50ema and 50 fib.
Cable Update (GBPUSD)
- honeybhi replied Sep 17, 2010
Boring PA mate.See you next week . You take care too n have a great weekend n party hard
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
May be they are planning for weekly close here .
GJ still inside the trendline.Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
Yep,waiting to see which side they gonna move. If they dump anything below 85 ,I guess they will intervene again any time soon . Should it bounce up they will enjoy the strength. Price still above daily pivot.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
GBPX — Bounced nicely of Daily 50ema and 50 fib and the result got a nice drop in gbp pairs. Watch UJ not even moving .
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
Finally showing some signs of retracement on H4. Below is a 15min was a easy trade if someone had traded the break of trendline. I missed it ,I was sleeping.
News is 30 mins .Careful guys.Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
I'am done for the week. Also today imp news and crazy market expected , so I will only look for scalps and play longs only. Hit and run what you get. PS :Expect a strong bounce at 135 - Weekly gann, Monthly R1 and Daily R2.Lets see.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 17, 2010
UPDATE — Moooooooooooning all. LFXJPY broke out and we have a 4hr close above it. GBPLFX UTL tested ,brake that next should be 50EMA. As for GJ,it broke the daily trendline and now at Weekly 22SMA. Nothing bearish so far.Should this rally ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 16, 2010
LFXJP & GBPLFX — IF JPYX breaks the UTL we should rally further . GBPX showing good strength and seems like inching higher. The UTL and then the 50 fib should be on target next.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 16, 2010
After attempts to break the high and getting rejected says , Short worth a try here with stops above yesterday's high. Nice stop hunt for those were short earlier. Also UJ bounced of Daily 50ema.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 16, 2010
Japan PM says ready to step into forex markets again — TOKYO (Reuters) - prime minister signaled on Thursday that authorities would keep intervening to curb yen strength as sagging manufacturing confidence underscored the threat the currency ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- honeybhi replied Sep 16, 2010
url After downloading right click on market watch and click show all.
Auslanco - GBP/JPY and GBP/USD (newstrade)