The Euros rallying and Swissy falling, putting upward pressure on Cable....IF USDJPY goes above 118:80 I think that will allow GBPJPY to continue on up.....take care

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

240.60 is the 38.2 fibo retrace of the fall from Fridays high....IF cable and the euro hold here (1.2052 & 1.3650) it will help GBPJPY to respect this fibo level....lets hope so!

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

Europe is only just getting started...first group in are for the Frankfurt Open at 2am EDT, followed by the Brits with the London Open at 3am EDT. This is often a volatile time before a direction is established. So far, this bounce has been led up ...

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

Oh dear oh dear.....please read this thread from the begining and you will find that thin markets mean greater VOLATILITY......and that August is a low volume month -so hang on to your hat or look for a margin call

Daily GBP/JPY analysis

The 38.2% fibo retrace level on the Daily chart is around 239.70 - that´s of the 115 day rally that ended on July 20 - that level might take some breaking if the fall is running out of support from Cable and USDJPY.

Daily GBP/JPY analysis

Great trade Ken.....as you´re now trading GBPJPY do I guess that you too have given up on "that other room"! Jono

Daily GBP/JPY analysis

237.08 with price at 241.18

Daily GBP/JPY analysis

WTG....the epitome of KISS trading....... image

Cable Update (GBPUSD)

Excellent post, should be required reading for all looking at this thread...even Bravado should be happy that he got a mention!

Daily GBP/JPY analysis

Nice entry for a scalp....held exactly by 1m 200EMA and around 5m 34 EMA image

Daily GBP/JPY analysis

Why the caps?.....with your number of posts you should know better...... image

Daily GBP/JPY analysis

Scalping overview — As I´m not certain of the next main move in GBPJPY - and yes, I do look at monthly, daily and 4 hour charts before I start each day´s trading - I am currently looking just for short term scalps. To help me with GBPJPY I ...

Daily GBP/JPY analysis

This is the chart I have been using this morning for scalping around the 249.00 - 248.50 levels.....plenty of nice divergence showing up on the Stochastic to help confirm entries. I use price action around the MAs, rather than the MA crosses which ...

Daily GBP/JPY analysis

You should only ever trade with funds that you can afford to loose and IMO the GBPJPY is NOT the pair for a beginner - try the EURUSD first before moving on to the more volatile and dangerous pairs. These links might help: url and.... url Good ...

Daily GBP/JPY analysis

GBP/JPY — Traex .... in case you missed it, here is a copy of a very interesting post on the Seasonal Moves in this pair. The main thread is well worth reading. url This supports your bearish analysis....but it does need to break the support ...

Harmonic Wave Journal

After loads of dollar negative weekend press the market will be nicely set up for Monday rally above 2.0600 .....(2.0623 is 1000 pips from the start of this leg up 36 trading days ago). Will this be when the Big Dogs turn to buying dollars... Time ...

Cable Update (GBPUSD)

Now with the chart!

Cable Update (GBPUSD)

Wave 5 top approaching.... — Current 4 hour chart up dated......next week should be interesting Transition points funny business, retracements should be fast and furious. quickly eating stops and stimulating bulls out of the woodwork. The ...

Cable Update (GBPUSD)

Euro in Weekly W3? — Well SL you really got me thinking and as I´d been looking at shorter time frames I decided to do some work on the monthly and weekly. On the monthly, we are now in (gold) W5 with targets of 1.4918 / 5815 / 6959. These are ...

Harmonic Wave Journal

This looks like a question for Inspector Clouseau.......price at 0525, yesterdays High 0547and Low 0458, so the consiquences of making new lows....mais oui its falling.....ask Krishna!

Cable Update (GBPUSD)