What makes you think that the £ will go up and the Yen down after the news? Yesterday we had a positive Trade Balance, and we made new lows, why do you expect these kind of reactions?

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

Maybe because lots of funds are going banana and you guys are still up and running, at least for some

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

Took over 100pips on short tonight, now watching 130.00 being stubborn. Could this be a double bottom on the 15min for a retrace to the 132 level?

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

My first trade of 2009 Took +9pips, could have taken 17 but I trailed it and closed it manually at the end.

The System II (Yes with irony)

I use the old fashion HigherHigh, HighrLow, LL, LH. If the sequence is: HH,HL,HH,HL o LL,LH,LL,LH, it's a trend, at least on that TF, if they are mixed: HH,HL,LH,HL,HH,LL... I would call it a consolidation where tops and bottoms might define a range.

Determining Trending vs. Consolidating

Rollover on Oil transaction? I never noticed any, but I can not be sure. What happen if a broker goes bust? money become smoke I guess.

ODL Broker?

Soon after they reported their first quarterly loss since going public nine years ago

Oil Trades and outlook

what about: 1euro = 1.8$ = 0.7£ Euro wants to be lower, $ needs to be lower, £ doesn't care very much as long as it is not too low

1 euro = 1 dollar = 1 cable

I think I have to apologize to the thread, last night, came home after a "few" drinks.... and clicked on +1mil.... now, that was a joke

So how much are you making?

still shorts....?? goodnight and good luck

EURUSD

I think the pair could retrace hundreds of pips anytime, but I don't see any price action in any TF that shows me that, even with a completely naked chart. I feel like i'm actually looking at the strongest bull move I have seen on this pair's chart.

EURUSD

Next stop? maybe 1.46 will hold, if it doesnt... mmmm 1.5?

Jacko's Forex House of Pleasure and Pain

I think that using this system we have been among the few who benefited of this euro bull. I had some great trading days, while many where looking for short I have been taking the new high after confirmation of HH-HL, limited risk because of the ...

The System II (Yes with irony)

Posted this on the 11th of Dec, didn't take short since then, I regret I didn't hold positions as the volatility was high and I even took some small loss with longs, but overall, great! Done for this year I hope, unless this pair keeps going which ...

EURUSD

I don't trade this pair but I follow it closely as I trade in £ and oftend spend euros... so, not feeling great about it. Although , i wouldn't consider short right now technically and fundamentally. Anyway, UK is a big importer of European goods, ...

UK joining the Euro? EURGBP at 1.0000 ?

I only took one trade today, and managed 14pips on GY, short break of 137.17, took profit because of TL and round 137.00. I'm waiting for the "monster" to breakout, just looking for a higher high on EU, break of 1.3670, pullback and I'll take a ...

The System II (Yes with irony)

I think I have read somewhere from Jacko, that the 50% Fibs is what big players like institutional traders look at as a retrace.

Jacko's Forex House of Pleasure and Pain

bla bla bla... did anybody read the Jacko's dailyfx thread? for you that didn't, he was trading the 5min chart then he got tired of it and switched to the relaxed style he's using now. As you deduced most of Jacko method by using your analyst ...

Jacko's Forex House of Pleasure and Pain

The fact that the correlation with crude oil, pound sterling and yen is not there, makes me think that something is pushing hard, nearly as hard as the drop if you look at the weekly chart. If the daily TL resist, we might test a low again, if we ...

Jacko's Forex House of Pleasure and Pain

Grazie

The System II (Yes with irony)