For R&S you can run the indicator EA on the chart, and easily read it. In that, you really don 't need the pivots. I know fibonacci, but I don't know what is EMAs. Can you give me 1 -2 min education ? Thanks.

Daily GBP/JPY analysis

Cesar, I attach your file on my MT4 chart, and do see something looks good. 241.12 is like the dividing price (PIVOT), my guessing is that above it we buy, below it we sell. Am I right?

Daily GBP/JPY analysis

First of all, can anyone tell me what is the pivot? And how do I use it for my G/J trading?

Daily GBP/JPY analysis

When you said: If "this is a top" (which it hasn't confirmed to me yet), be sure to check your fibos too. What is the top you are implying?

Daily GBP/JPY analysis

If this EUR/JPY pull back continue, the first support level hit would be 162.40, the next is 159.60. After this, we move all the way up again to 167 level. Refer to: url

Daily GBP/JPY analysis

If the EUR/JPY is ready to come down (Daily chart trend line has been broken), it may drag down the GBP/JPY. Both pair are highly correlated on a daily chart. Anyone agree or correcct me.

Daily GBP/JPY analysis

Thanks for a good lesson of indicators from you all! I will start to keep an eye on it. Thanks, again.

Daily GBP/JPY analysis

Does anyone in this room know how to read the overbought/oversold indicator? Honest, I don't even know which indicator it is.

Daily GBP/JPY analysis

Didn't get this part: So even though the FX rate may change during the day the customer gets the rate at the time of the fix. Can you give me an example?

Daily GBP/JPY analysis

Hi, every time I heard of Tokyo fix, I really wish someone can tell me what is that? Is any country able to fix this currency market, or it's currency? Maybe my experience still not long enough to know it this part.

Daily GBP/JPY analysis

Cesar, I know your post was before the release. But, how or from where do you get the Revised Previous Number of 160K of NFP number?

Daily GBP/JPY analysis

Cesar, Since I am study hard to improve my fundamental knowledge, I figure it out very important for the trading like us. So, I have to ask you this question: How do you know they revised the previous to 160K? I just checked the Forex Facotry ...

Daily GBP/JPY analysis

After this are we still moving toward 241? Anybody still hold longs?

Daily GBP/JPY analysis

Cesar, If tomorrow NFP is higher than previous, do you think it is a good chance to get into long USD/JPY? I do, just need more second openion.

Daily GBP/JPY analysis

I think that it would be better to set buy stop on this pair, tomorrow morning before NFP news. The key point is how many pips higher than 120.50 to set as entry price?

Daily GBP/JPY analysis

Thanks, pabloski.

Daily GBP/JPY analysis

I just check it out, that resistance level, we are talking at about 125 evel. That is still 500 pips away. Agree or correct me?

Daily GBP/JPY analysis

In today's case, get ready to long some of USD/JPY is not going to be a bad trade at all. Since USD NFP looks higher (because Jobless rate is lower from this morning: Initial Jobless Claim ), and Yen keeps on weaker. Anyone agree or correct me?

Daily GBP/JPY analysis

I am waiting for a better price to close all my longs here.

Daily GBP/JPY analysis

My rollover takes care of part of P/L. But did you say, "....and avoid the news"? That's not a good sign, I just figured it out to pay more attaintion on news from now on, if we expect a better trading.

Daily GBP/JPY analysis