Out at BE - no follow thru.....no more trading till after BOE....keeping pips safe in the bank

Daily GBP/JPY analysis

Just sold the break of the 50% support - also 5 min uptrend since yesterday evening broken - but only a half position as I´m not yet totally convinced that the 241 number will be hit - BOE etc may dampen volatility this morning

Daily GBP/JPY analysis

It came back to my buy area - bought at 241.78 - then exploded thru the 242 number - I guess on buy stops - found no more buyers so dropped back - out +28 - now I´ll let it settle down and watch for a bit

Daily GBP/JPY analysis

I´m hoping GY will retrace to around 50% of this mornings rally - to the 241.65/70 area and set up another buy for a run up thru the 242 number. Then I see resistance around 242.30 and then 242.55 on the way to the 243 number.....we´ll see.

Daily GBP/JPY analysis

Prolly trading naked - less stress on his shorts..... image

Cable Update (GBPUSD)

Busy start — That´s a nice start for us Europeans....GBPJPY + 57 in 34 mins and the Frankfurters haven´t even finished their first coffee! Stopped at the 242 number, now how far will it retrace?

Daily GBP/JPY analysis

When I last counted a couple of hours ago, I found 13 short swings of 30 - 83 pips in GY - over 500 in total!! - since FO

Daily GBP/JPY analysis

Out of long for BE when it failed to follow the Euro higher and actually made a lower high - but was too slow to take my own ST sell. Now sideways at minor support in 9930/25 area whilst the Brits finish their tea and bickies..... IMO Euro needs to ...

Harmonic Wave Journal

Timing in FX — Hi Guys...just found this great thread and I´m interested to see the comments on timing. 10 years ago I bought Robert Miner´s excellent course (mainly EW, Fibonacci and cycles) and software. This has a very useful timing tool ...

Elliot Wave Trading

Meta Trader is a combined Trading Platform and Charting Package. It can be downloaded FOC from many brokers - in this case Alpari. If you look in the Forums you will find hundreds of posts about it and its use. Many people in FF use it.

Cable Update (GBPUSD)

On the bottom left hand corner of the chart it tells us that it´s a Metachart supplied by Alpari. image

Cable Update (GBPUSD)

Wave 3 and 5 targets — Hi Traex, these are my thoughts from your chart posted yesterday. Orange Wave 3 / C target is 2.618 of W1 = 9988. Magenta W5 = W1 at 9983. Thus both are suggesting a final push higher, although I thought that yesterdays ...

Harmonic Wave Journal

Outstanding trading — Hi Traex - I´ve been lurking for a while watching your thread - an outstanding month - may June continue your success - and thanks for sharing with us all.

Harmonic Wave Journal

I remember Monarch doing work some months ago on the opening ranges around the London Open, so you could look at his thread - Daily Cable (GBPUSD) Analysys. Last year I spent six months with a group of News Traders and we often got good scalp trades ...

Cable Update (GBPUSD)

Dear dear, what a lot of ruffled feathers during the last few hours. OK, so this IS a cable thread, but lots of posts from many of the long term contributors are about other major pairs or indices, bonds etc as ALL of these markets inter-act with ...

Cable Update (GBPUSD)

GM WOW and everyone....it would be great to get some movement towards 700 - image - or even 770 before the BOE so that I could make some more trades, but after an even narrower range day yesterday -68 pips - I think we´ll have to wait for The ...

:: Cable (GBPUSD) Trend Trading ::

Me too, on a test of my 5min 34 EMA upper envelope, supported by a lower high in the Euro.....watching to see what the 9:30 SM open brings

Cable Update (GBPUSD)

That spike to 746 touched my 5 min upper 34 EMA envelope, so I´ve taken a small short at 744 - a bit late as I wasnt watching - now to see if it can break the the actual 34 EMA, with the MA turning down, to add another position. At present, that ...

:: Cable (GBPUSD) Trend Trading ::

Stalled at 50% retrace — Good morning all - I´m an early clucker and have just closed my longs for + 35 as its stalled here at 723/25 for more than 30 mins, with 2 dojis on my 5 min and a falling (from very overbought) stochastic. Also, euro´s ...

:: Cable (GBPUSD) Trend Trading ::

A tough day for you, but as I write, it is above the 700 level again, so lets hope it stays that way and doesn´t decide to visit the support in the 9660 area! I´ve only got 1/4 of my normal position open so far, waiting for confirmation that it is ...

:: Cable (GBPUSD) Trend Trading ::