I was told that the way to trade this pair now(short term) is to buy on dips. I see the 241 level is at my 61.8 fib. Could that be a good palce to establish a long? If it ever gets back to the 241 level.

Daily GBP/JPY analysis

I am curious as to whether you utilize a BB in your decision making process as to if you will take a trade or not, or is your approcah based soley on the cross of the rsi and sma. Also did you switch to a broker that doesnt provide sunday bars? If ...

Art's REAL life Fozzy adventure

I dont know anything about buy penny stocks, but i can tell you that you are posting your question where not many people will see. Try posting it in the beginner Q&A section.

FX News Trading For The Week Of 3/25

I would like to thank both shatteredgently and Bytebodger for assisting me in furthering my understanding of this system. Is it possible for someone to post a link so that i can download the solarwinds indication? thank you in advace for this.

The Daily Fozzy Method

Clariffication need on entry — I've been doing some backtesting with this system and i am just looking for some clarification as to when to enter a trade. I use only the cross of the RSI and MA no bb. However i have came across many instances ...

The Daily Fozzy Method

Does anyone confirm a long for AUDUSD and EURUSd and a short for GBPCHF?

FOZZY Method CROSSES

Long??? — Pretty interesting to go long with such a busy week ahead. The markets will probably be dead sunday and monday. But after those days there should be a good amount of news coming out for the US not to mention CAD interest rates, where ...

USDCAD trend reversal?

Thank you for the assistance storagepro. Now that you pointed it out to me...i do see all the buys at a resistance point.

The Daily Fozzy Method

Well i would speculate that the definition of trend depends on what time frame (as cesarnc showed us in the above post) you are looking on. Cable on the short term perspective is in a downtrend, but on a longer term view point it is in an uptrend. ...

Cable Update (GBPUSD)

Little help me — I stumbled upon this thread and like the system and am interested in it. However while doing some backtesting i came to a point where a got alot of signals. I am curious as to how it is possible to avoid some of these signals ...

The Daily Fozzy Method

Most traders here use metatrader and when you dload it, you will see y.

MACD

Well im not exactly sure how its done, but i believe each broker has there own way of calculating swap. So each broker will do it differently.

Calculating Swap

Buy EURUSD signal? — I just finished reading the thread and if i am correct there is a signal to buy EURUSD. the 4hr is about to cross and the daily is heading up. Buy EURUSD @ approximately 1.3435(5 mins until the bar will close) Just out of ...

The 4 Hour Fozzy Method

So far almost all the yen crosses seem to be forming pin bars, but it doesnt make sense to buy on all of them. So how do you know which PBs have the higher probabilty of winning? Does how much the bar goes up by influence the strength of PBs?

james16 Chart Thread

To short or not to short? — Price right now is at 240.10 and that seems like a good place to take a short seeming as how the 240 area is suppose to provide some kind or resistance. Coupled with the fact that this baby is suppose to fall like a ...

Daily GBP/JPY analysis

Yes you are right there was some upward movement on the GBPJPY which i was hoping for. I was looking for that last move upwards (hopefully). The 240 area seems to be a good resistace area. Now all that is left is for the China-US talks to go sour to ...

FX News Trading For The Week Of May 20-And Beyond-Video Update

I believe ATR refers to average true range which is suppose to measure the volatility. Well it seems like the first day of talks didnt have much impact on the carry trades.

FX News Trading For The Week Of May 20-And Beyond-Video Update

One last push before a fall? — By the sounds of things, the carry trades could be unwinding as early as this week. Do you think that there could be one last push upwards before we see the unwinding taking place, or will the markets continue to ...

FX News Trading For The Week Of May 20-And Beyond-Video Update

Waiting for the buy or sell signal — It looks like price bounced off the upper channel and the 100SMA and is heading back down to either the 50SMA level or lower. Or it may just break out of that downward channel and head to 150SMA. No one ...

USDCAD trend reversal?