Donfriday, FUndamental analysis gives u the direction or trend of the currency and technical analysis helps u in getting into a trade at appropriate levels so u dont end up with large drawdowns. Fundamental analysis tells you which currency is weak ...

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

Dear Ewokuk, I have just aired my thoughts in my previous post. and i am of belief that GJ will go down basing on above views. That doesnt necessarily mean that it will go down. so plz watch the market before u make a decision about ditching ur long ...

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

Hi All, Please risk your accounts becoz u guess which way the tide will turn or the currency will turn. There have been innumerable debates as to whether fundamental analysis or technical anaysis lead the currency swings- none of the 2 dominates all ...

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

LOL, this is the first time i have seen 2 consecutive 5 min RED candles in the last 5 hours on Cable. was a wild ride. but dont think the upmove done yet. It HAS to be with some international M&A activity or merger and need for pounds to complete ...

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

Looks like there is no stopping the beast till NY comes online and reverses this. Lots of people are in bed now. will be surprised to see this move up when they switch on their monitors.

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

the TOP is finally in sight — There is the TOP finally. 1.6200 in Cable. 145.5 in GJ. 1.7600 in GBPAUD. Bottom in EG @ .9200. Lol i didnt check other crosses. All this lines up nicely for my trades. Waited a long time for this. Did anyone see ...

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

There was same shop sales out this morning ( not available on FF calender)and it came on much much better than expected and which is felt to reflect well in GBP retail sales.

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

GBP spike — The most likely reason pound is spiking is due to :- People are expecting the GBP retails sales out tomorrow to surprise to the upside. So they are short covering . At the same time bad ZEW expectations is resulting in EG sales( ...

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

ODL has a spread of 5 pips most of the time during liquid hords. during times of less liquidity, they spreads widen to 6-8 pips but even then mostly stay at 6 pips. Hi Rgitt, How you doing?

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

[quote=zimdonks;2848148] the dollar weakens on the day stocks, indicies and commodities are up. Similarly dollar strengthens on the days when there is sell offin stcoks, indicies and commodities, which is what happened yesterday.

james16 Chart Thread

GBPAUD reversal of trade — I feel like i am cheating here. I have only closed a trade taken 2 days back on GBPAUD for a gain which i previously posted for charts. Now i see a very good pinbar for a reversed trade. I dont know if u can take a ...

james16 Chart Thread

Thx supreme chaos. That was so nice of u to say those good words.

james16 Chart Thread

Dear Josh, I didnt trade it as a swing high of a trend trade. I traded it as a swing high of a box trade. It was a pinbar off the Major PPZ resistence off the daily box. i agree about the lot of traffic to the left. but it was support and resistence ...

james16 Chart Thread

Trade now closed as TP attained. No one mentioned this pair even after i posted my trade with charts. Did no one take this trade or why didnt they think this was a good trade. I opened at 2.0727 I closed my trade at 2.0350 with 377 pips. Would like ...

james16 Chart Thread

GBP AUD — GBPAUD is shaping up to a nice daily pinbar. i have few hours still left for the set up to become active but i have taken the trade on the 4 hourly. Will watch closely the daily close to add more on daily break. Rejection from a ...

james16 Chart Thread

Becoz of EURGBP sales. see the downward movement of EG which is keeping pound and cable buyoyant.

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

OK. I will let the cat out of the bag.. The reason for disparity in ES, DOW, and UJ. I am only speculating but could be a potential reason, There is a DNT ( donot touch ) option expiry for thursday roll over at tokyo open. The DNT options are for UJ ...

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

LOL. S&P downgraded Portugal. Now cable and euro reacting. what a mess. I think thats the reason but maynot be too sure.

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

Make it a point - never chase a market. If u have lost an opportunity, then move on to the next one. dont try to chase a lost opportunity. u will only end up burning ur fingers. The next one is round the corner, look out for it.

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

No offence taken. Feels nice to share some trading opportunities.

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