The Dow Futures which trade 24 hours on the CBOT where already well up. Now its the individual Dow Stocks that are opening on the floor in New York as each gets traded - usually takes about 15 mins for all to open. Thus that gap up of the Dow Cash ...

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

Hi Karmo....thanks for your kind words....the comment was for all Fridays in the past 3 months, including the last of each month. That is a valid point that would require the analysis of all Fridays over several years - the current number just ...

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

I have been too busy during the past couple of weeks to post any analysis, but wanted to post what I am currently seeing.....over the past 3 months, on Fridays, there has been an 85% chance of a reversal within one hour of the London Open. Today, I ...

Daily GBP/JPY analysis

For any people that watch statistics, over the last 3 months, on Fridays there has been an 85% chance of a reversal within 1 hour of the London Open - makes Fridays a super Big Ben day!

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

UJ had a 20 min spike up after the bad new home sales data and ever since then its been heading down and is now close to yesterdays low at 113.81......if / when that level goes GJ will drop too - and if GU gives up the 500 level GJ will be looking ...

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

Please check your PM

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

mm....working on "the cobweb" system I guess

Daily GBP/JPY analysis

Amongst my "nuances" are the daily pivots, MPs etc and I do track the 50EMA on the 30 min as an approximation of the current hourly pivot, but thanks, I´ll take a look at the 377.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Hi Imran - congratulations on such a successful thread and system. I just thought I´d post a chart of my KISS approach to using the 5 min chart. When price moves above the 34 EMA and the EMA is turning flat / up.....Buy and vice versa for a Sell. ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

ROFL image

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

Cable´s 110 pip rally since just after the LO has taken GJ up whilst UJ was falling. Now cable has stalled at its monthly pivot - 2.0441 - but UJ has put in a higher low on its 5 min chart and is heading up towards its M3 lievel of 114.56....will it ...

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

...and also a small one on the hourly GJ with the top of the red box at 233.85 image

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

[quote=auslanco;1670666]Thanks for the explanation M2B. Very well said Also, If you look at weekly and monthly charts, Price had bounced from the Gann. On monthly , with all three momentums pointing down it's guaranteed to break the Gann ...

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

Hi Wolf, agreed, pips in the bank are great and as I have to go out I´ll probably stay flat too.

Daily GBP/JPY analysis

So we have cable trading in a 220 pip range all of this month and its now pulled back from a slightly lower high at 2.0438 against its spike up to 2.0476, so I´m feeling that IF the 0416 area of M3 and yesterdays highs hold it will head back towards ...

Daily GBP/JPY analysis

5 min chart — GM - When I logged on an hour ago I saw this clear wedge with price just moving above the DP - so I bought the breakout. Cable traded up to its M3 - also a resistance from yesterday around 2.0416 and UJ just failed to get up to ...

Daily GBP/JPY analysis

It is also a well known "fact" that momentum is often called a leading indicator as it frequently turns before price

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

I´m also see bullish possibilities...... url let me know what you think

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

I know the turn at the 61.8 has been covered, but I was involved with pots and pans and posting elsewhere that I might have missed the 50% so.... "Great sell when price hit the 61.8% retrace of the fall from yesterday and the Daily M3 at 238.74 - ...

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

Great sell when price hit the 61.8% retrace of the fall from yesterday and the Daily M3 at 238.74 - drilling down to the 1min it was a single spinning top that hit and the bearish divergence in 5 min momentum was already warning that it might ...

Daily GBP/JPY analysis