What was that? who pulled the floor out from under us for a minute there?

Daily GBP/JPY analysis

Daily pivot — Daily pivot supporting gj for the moment @ 239.28

Daily GBP/JPY analysis

How will GBPJPY react to tommorrows Retail News — Just wondering what the consensus is? If retail news comes out worse than expected how will the GJ react? Also in the opposite thought, if the retail news comes out better than expected what ...

Daily GBP/JPY analysis

Your right. Just caught up in the moment. All we can hope for is the daily volatility to increase at least to normal. 150 pips a day would be nice. Not to fond of these 80 pip days. It seems that it moves north slow and falls south very quickly. 1 ...

Daily GBP/JPY analysis

240.00 here we come yahoooo!!!

Daily GBP/JPY analysis

Appears to be trying to get through the 23.6 fib return south. Possible Support here @ 238.67 Could push further south if broken. Also open for the day is close as well. A lot of resistance.

Daily GBP/JPY analysis

GBPJPY fallowing Cable — It appears that the gj is now following the cable down. LOL. What an animal this GJ is. Now I know why some call it the dragon.

Daily GBP/JPY analysis

239.18 R1 — R1 seems to be the new floor (support) for the GBPJPY.

Daily GBP/JPY analysis

GBPJPY? — GBPJPY appears to be following the USDJPY today. Some days it follows the Cable and some days it follows the Dollar. Is there rhyme or reason to this? Any thoughts. Just trying to understand the nuances of GBPJPY.

Daily GBP/JPY analysis

Possible heading to S2 — S2 is located at 237.46

Daily GBP/JPY analysis

GBP Rate Decision — With the recent drop in the price of the GBPJPY could this be due to the possible outcome that the GBP will not raise rates on May 10th? I'm seeing mixed reports from no raise up to a .5 raise in Interest rates for the GBP. ...

Daily GBP/JPY analysis

If the value is greater than 80 it is overbought and if under 20 than under sold. The indicator used most often for this is Stochastics.

Daily GBP/JPY analysis

This seems to make sense and is something I have been looking into as well. Only hedging when inside the +/- 50 levels and closing one of them when your outside these levels. Would result in no hedges being held for a longer term and should keep you ...

Open-Close Trending with Hedging Discussion Thread

This seems to make sense and is something I have been looking into as well. Only hedging when inside the +/- 50 levels and closing one of them when your outside these levels. Would result in no hedges being held for a longer term and should keep you ...

Open-Close Trending with Hedging Discussion Thread

JPY News at end of day ? — With all of anticipating the drop in the yen. How much of this has been calculated into the current price?

Daily GBP/JPY analysis

Daily pivot — Daily pivot at 237.44

Daily GBP/JPY analysis

Thank you Scientist, I'll check it out.

Open-Close Trending with Hedging Discussion Thread

Thank you cesarnc, That was a good commentary. 117.5 within a week for the Yen. Where would that put the GBPJPY.

Daily GBP/JPY analysis

Potential Issues with Hedging this System — Recent findings This system has one flaw that will need to be corrected in order for it to become more stable over the long haul. The flaw is that when you hold a hedged position and release the ...

Open-Close Trending with Hedging Discussion Thread

? 1. This is the proper setup for the basic strategy of the Open-Close Trending System. ? 2. This is the proper setup for the hedging addition to the system.

Open-Close Trending with Hedging Discussion Thread