Sad part is a talking frog IS worth way more than a stock broker these days...

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

Charlotte, NC. I visited this weekend and I was surprised actually that hardly anyone there has an accent (I guess there are a lot of transplants in Charlotte).

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

A bullish doji is forming on the 60M charts. It is also right near former resistance (now support). If it closes on a doji (there are still 30 minutes left) then I am looking for a 20-40 pip rise at minimum. My charts and analysis here: url

USD/JPY Discussion

Plan the trade and trade the plan. Once the plan is developed and you enter the trade nothing left to do but hope for no whammies

USD/JPY Discussion

Go UJ, go UJ, no whammies, no whammies

USD/JPY Discussion

I was about to ask the same thing... 300 pip loss so far. What is the risk/reward ratio for stop that big in a bull market especially with the dollar so weak.

Cable Update (GBPUSD)

There is supposed to be some pretty strong option barriers around 105.

USD/JPY Discussion

It's starting to look like a symmetrical triangle consolidation pattern on the 60M chart with a flagpole from 103.1 to 104.4. Could be a bad sign for bears.

USD/JPY Discussion

What do you guys think: are the markets really thin right now or are people just unsure of which way UJ is going (which is why it is going nowhere)?

USD/JPY Discussion

In the short term I think the true test is 104.00. If it makes a clear break of that then I see some downward breathing room. I would cover on another bounce.

USD/JPY Discussion

No trade. Break downwards negates my signal. Looking to buy dips instead...

EURUSD

102.6, sorry

USD/JPY Discussion

There currently is medium support around 102.6 over the past several weeks but as mentioned above, I wouldn't do it. You are going against the trend I see any test of 103 (if it even happens) will be brief. Also, with the rush of bad fundamentals ...

USD/JPY Discussion

Don't forget the Forex motto: "Forex - the only market that can't bottom out!"

USD/JPY Discussion

Took a short position at 102.90 as the clear break below 103 came. Also, whoever asked if the UJ had bottomed out yet - have you been seeing the US fundamentals recently? Get ready for another rally to sub-100 levels.

USD/JPY Discussion

I am back in this one with two entry orders placed above good resistance and large round # at 1.5805. EU has broken every trend line I can draw on the 60M charts. Two concerns are 1) overbought hourlies (RSI is already near 70) and the Japanese ...

EURUSD

I hadn't seen that daily divergence, good point. I just love me some RSI . In an uptrend we should be looking at the bottom support line anyways and that is still fully intact making higher lows.

Aussie Pairs

Cancelled my entry orders after last hour's close above my channel resistance failed to rise very far. Also RSI shows heavily overbought hourlies and a very slight divergence over the past 10 hours.

EURUSD

Sorry, I posted the wrong link to the RSI divergence above. If you click it now it should take you to the latest 60M chart.

Aussie Pairs