IMO this is a day for scalping whilst waiting for the NFP. The small pull back before the Frankfurt Open gave a Buy on the bounce off the rising gann line. UJ's spike above its important 104.87 resistance pushed GJ up to its R1 - good for 50+ ...

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

GJ 15m chart update — GJ pulled back into its DZ and then bounced up off the green gann line for a Buy. It now needs to break the 207.20 area to confirm a continuation on towards the strong resistance just under the 208 level. This is where UJ ...

Intra Day Yen - Naked

GJ 15m chart update — Whilst 204.66 is at the average daily range from todays high, the fall has stalled, so I'll tighten my stop on the remainder of my short and also put a limit order in at 204.75 in case there is a break of the 205 level - ...

Intra Day Yen - Naked

UJ 15m chart — There is a valid case for UJ going up - the higher low after the fall off the 8:30 data- BUT in front of the ISM data its a 50 / 50 bet as that data can push the market either way. So far todays action has been held by the Daily ...

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

Why?

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

I'm glad someone else got short - there was plenty of time to get in. I took some off on a limit order 5 pips above the 205.05 mid level - now to see what happens after the ISM data.....

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

15m updated — GJ hit the 207.16 mid point level to the pip and then pulled back right thru the DZ, but failed to break the lower AL level which would have confirmed a reversal sell. Instead it bounced back up BUT failed to break the 207 level ...

Intra Day Yen - Naked

what is the benefit of demo trading? — All newbies - and IMO anyone who spends a lot of time on demo - will benefit from reading this thread started by Merlin - one of the founders of FF..... url

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

LOL - not at all, I love trading the fibos, especially when they give 100+ pips in a few candles..... image .....its time for a coffee break

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

15m GJ — The pull back to the 206 level - also the DP - allowed an add on buy. Now with a fib on the pull back we have levels in case the rally fails - the 207 level was a good one at which to take profit on part of the buy. Now we wait to see ...

Intra Day Yen - Naked

Its already started - look at € down > 80 pips in the first half hour of London trading - cable -60 in sympathy? - or a Big Ben type of fake-out.

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

15m GJ — There was a clear buy signal earlier in the Asian Session at 205.75 as GJ spiked down to the 50% retracement of yesterdays rally. Now it needs the Brits to carry on buying cable to continue its rally towards the 2.0000 level - IF that ...

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

GJ 15m chart — Yesterday was a classic buy from the London Open that ran up more than 400 pips. The pull back after the FOMC finally spiked down early in the Asian Session to hit the 50% retracement at 205.75 for a Buy - now lets see where the ...

Intra Day Yen - Naked

15m GJ — Here's a great trade from the rejection of the Daily Pivot early in the Asian Session and again just before the London Open for a cool 250+ pip fall that may even test the S3 level. I had my limit exit set for the MS3 level on the ...

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

GJ 15m chart update — Cable broke under its daily pivot in the 6am GMT candle - LO - and that was a clear sell in GJ which held inside the falling red gann line which is set to the average daily range. UJ turned away from its DP at 9:30 and ...

Intra Day Yen - Naked

GJ 4 hr — Whilst the trend is clearly up, yesterdays lower high may point to a pull back - however there's the FOMC meeting tomorrow and NFP on Friday, so it will be interesting to see what this chart looks like next Tuesday.

GBP/JPY Trendline Traders

GJ 15m chart — Yesterday's action was all about cable's move and after the 100 pip drop into the London Open, the rally went up over 190 pips into the early US session before retracing 80% of the rally. Price is now holding just under the DZ ...

Intra Day Yen - Naked

UJ 15m chart — The double top at 02:00 GMT was yesterdays high and UJ slowly sold off all day before a late bounce that is currently holding under todays pivot and the DZ. The Consumer Confidence data is due out at 10am EDT

Intra Day Yen - Naked

GU 15m — Cable made a low right at the London Open after falling over 70 pips in Frankies Hour - a typical fakeout as I suggested yesterday. The Brits then took it up 180 pips into a new high for this move. Now price is holding above its Daily ...

Intra Day Yen - Naked

15m updated — I hope that comment helped.......as we can now see, there were 2 bounces off the Daily Pivot level, the last one 25 mins after LO, so instead of following the red down trend, it was a fakeout and price reversed and went up and ...

Intra Day Yen - Naked