With USD/JPY also tanking, the beast is dropping like in the old carry trade days!! Didn’t expect that so didn’t trade it, but wish I had!! It seems that even though interest rates are not as different as they used to be, the Japanese Yen is ...

Cable Update (GBPUSD)

Thank you Yeah, there are a few other fundamental reasons why GBP could weaken, from the likelihood of a no deal Brexit to the horrific effects of the pandemic!! But of course there’l be the usual technical ups and downs on the way!!?? ...

Cable Update (GBPUSD)

I think the weaker dollar sentiment changed during the FOMC statement when they didn’t implement Yield Curve Control which would have kept interest rates low, stocks high and the dollar weak. Now we’re getting the opposite with increasing ...

Cable Update (GBPUSD)

Good call .. I think you may be right .. Please don't be discouraged by those who immediately contradict what you think, and believe in yourself .. It looks like it's on it's way ..

Cable Update (GBPUSD)

True and ridiculous!! ... But more fixes for the addicts from Ben the dealer?? ... Difficult as it sometimes is, if we want to profit, we have to follow the direction and flow of the addicts, absurd as it may be!! ...

USD/JPY Discussion

It probably wasn't the data reports that caused the drop. The stock markets are falling in reaction to worse than expected earnings reports. Often when this happens, GBP/JPY also falls .. url Good luck in trying to follow the flow ..

Geppy's Geppy Thread (GBP/JPY)

Scrat ... I doubt if anyone held their full trade for 600 pips ... lol .. It's not exactly an everyday occurrence !! I should print it out and display it next to my new pin up hero, Kuroda san (powerful man, but he looks like a typical salary man) ...

Geppy's Geppy Thread (GBP/JPY)

Happy to see a familiar old FF name (from a young guy, of course) .. Crazy day, but a relief for me !!! Amazingly powerful move .. Now reduced to about 10% of original trade which will be held, and will play it from here .. I imagine we should get a ...

Geppy's Geppy Thread (GBP/JPY)

This is truly a historical day, and a long time since we've seen anything near a 600 pip daily candle .. !! The brave few who do this well deserve any profits they accrue ... Had a sneaking feeling that Kuroda san would deliver the goodies .. Funny ...

Geppy's Geppy Thread (GBP/JPY)

Possibility — 1 HR chart ....Up a bit to allow the two stochastic speeds to close...152ish 4 HR chart.....Will need to come down again for same reason but possibly not until Europe. Not 100%...Is anything?....useful guide though.....Best to ...

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

Scary — Could happen......The last time the 5 stochastic came back to the 15 and then they both found the bottom of their waves resulted in about a 100 Yen drop. The only hope is a long period of consolidation .....Sometimes happens but ...

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

Nikkei — May be true but the Nikkei chart stops at 11:00 and resumes at 12:30 Japan time which is 02:00Z to 03:30Z (GMT) And it's falling.....Whatever.....It's another beautiful day so off for a swim.....

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

Summary — Getting late here so closed for the day. I did what I implied on Saturday which was to sell at Friday's high...actually 156.56 (about 14 hours ago)...and closed a little soon at 155.25 ...daily pivot area and short time frame ...

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

ES (S&P) — Cycling uphill a bit but it may be getting tired. CCI and RSI making lower highs at same price.

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

WHC Trader has "SSE" near the bottom of the market watch list....Shanghai Stock Exchange....I used to have the set up link but it recently went dead so u need to google it....also known as Broco Investments Inc. Closed for now but it's the attached ...

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

Angelina, you need an RSI panel to slide the MA into. Just double click Relative Strength Indicator, set up the colour and time then click OK and u will have a panel.

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

Sorry, forgot to attach the chart...lol...

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

It's the middle panel which incidentally shows the RSI 6 crossing down through the MA 6 on the 1 hour chart just now ....My cluttered up template...lol...

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

On MT4 use Moving Average which on my MT4 is the one above Moving Average of Oscillator.

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