Nice short - I closed mine before I went to bed and opened it again at the Frankfurt Open image Loads of European data out this morning and then important US data this afternoon (Europewise) - so I'll stay in scalping mode too....

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

LOL - your post was 1 min after the Frankfurt Open as the Europeans sold the dollar and bought Euros in front of the data - result, UJ down 45 pips. Patience is the motto of all yen traders!

USD/JPY Discussion

LOL Jarroo - I just posted elsewhere about a daily IB type of set up and I'll share it here too. Its based on a combination of volatility as defined by the daily range - yesterday's was 156 pips vs the 50 day average of 267 pips - i.e. < 60% of the ...

No Free Lunch but all the Free Coffee you can drink

Nice trades. I used CHF as a filter for GBP/JPY and that kept me out of the long as CHF was sold from the Frankfurt Open. The short in GJ was good image

No Free Lunch but all the Free Coffee you can drink

GJ 15m — A narrow range day of 160 pips against the 50 day average of 267 pips. This is an indication of an impending range expansion as - to quote the master of volatility trading Tony Crabel - Volatility is Mean Returning. So expect action ...

Intra Day Yen - Naked

GM Pip - I guess that you could have a signal candle in the early Asian session, BUT only activate it if it fits the criteria AFTER "the Open" - i.e. a time filter. Edit: for GJ as its the volatile cross of GU and UJ, I'm wondering if it would be a ...

No Free Lunch but all the Free Coffee you can drink

Time — From Peter's post: "The answer is: the same as any other time, but especially focus on trades that setup "early" in the day. Meaning within 6 - 7 hours of the open. The open I look at is 00:00 CST or 01:00 EST. This would also translate ...

No Free Lunch but all the Free Coffee you can drink

image Good Morning - thanks for giving me such a great start to my day image

Cesarnc's market talk, gossips, rumours & fun

I guess that you've already looked at Orions Way's thread - loads of gann fans there - lol too many! url

GBP/JPY Trendline Traders

LOL - me too - the current 50 day average range is 276 pips. Today's range so far is 157 pips and we're back right in the middle. Luckily for me is nearing the end of my trading day, so I'll keep my banked pips safe and have an early Sundowner. ...

Intra Day Yen - Naked

Hi Bruce thanks for the input, I'll be delighted for more lessons and rules to help my progress image Regards Issy

USD/JPY Discussion

Great trade image - I was busy elsewhere and missed it image

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

Hi SL - your chart's fine - mine's similar. However, I dont trade off the 4 hour - the hourly & 15 m are my main TFs. The IFibs are taken from Bo's work and the idea is to take a trade based on the price action inside the DZ or on the exit from it - ...

Intra Day Yen - Naked

NP To clarify, my methodology is based on Bobokus's work. He is a VERY experienced trader with many years of experience. He is continually posting, answering questions and helping traders along their path to profitability - a true gentleman, ...

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

Thanks CC - I'll try to elaborate later - I have to go out for a couple of hours - also my post above may help.... image

Intra Day Yen - Naked

LOL Steve - yes I loose, usually from poor trading rather than a problem with the methodology and I post the moves, not my trades. At present I rarely use stops and dont hold overnight - for me that's say 5pm EDT till 1am EDT - hence I was in and ...

Intra Day Yen - Naked

15m updated — The rally was 196 pips before failing just under the 205 level - plenty of opportunities to bank pips there. I took a sell based on swissy's PA and benefited greatly from cables drop.... Cable has just dropped after the "buy the ...

Intra Day Yen - Naked

Well I did - just closed in that spike down to another fib extension - also closed the GJ short that I took ........ image I think I'll take a break whilst things cool down, mustn't overtrade and get greedy!

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

GJ 15m — This is what I traded - all based on Bo's work - he's the Master / Teacher. Trading off the internal fibs (DZ) allows a tighter stop and gives greater profits than the riskier breakouts - here a potential 196 pips image Now to watch ...

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

Well its for certain that the Big Dogs only look at the 100s - anything less is for us minnows! Edit: Sold GJ after swissy hit its 600 level and GJ just missed its 205

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