My take on the news. +ve CPI = +ve inflation = +ve interest rate expectations = Bullish USD = Weak Gold

Only Gold!

Technicals Bullish but Fundamentals weighing heavy.

Only Gold!

H KiwiOz, Your method of calculating targets is not dissimilar to calculating targets using Point & Figure charts.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi IraniaTrader, You seem to be new trader. I've read some of your posts and just had to say something. If you want to become a successful trader you'll have to be confident enough to make decisions yourself.

Only Gold!

I'm using Alpari UK. Does anybody know why there are these strange duplicate bars for XAUUSD H4 prior to the last two weeks. Chart attached. I've tried deleting the history but they keep reappearing. Any help will be appreciated.

Alpari.co.uk Discussion

Hi FX-Ray, My criticism was leveled at the Fed and the conflicting signals they are sending out via their representatives. I just get the impression that these people want to add fuel to the flames of speculation. It was in no way targeted at you. ...

Geppy's Geppy Thread (GBP/JPY)

This my friend is reason enough to drive a person insane. The FOMC release last week gave a completely opposite impression. Hence the GBPUSD drop of 140 pips and the USDJPY rally of 110 pips. (USD strength) It suggested that recovery is on track and ...

Geppy's Geppy Thread (GBP/JPY)

An interesting place for the price to stop. image

Geppy's Geppy Thread (GBP/JPY)

Hi Temujin... looking forward to another fun week of trading... I came across this article not long ago... url It suggests that an increase in inflation is effectively reducing wages of all but the wealth. And any increase in taxes will only ...

Geppy's Geppy Thread (GBP/JPY)

I also believe that keeping a journal and evaluating last weeks trade is an important part of trading... even though I've been a little lax lately... it requires diligence but it is one way that will accelerate the learning process. Thanks for the ...

Geppy's Geppy Thread (GBP/JPY)

Thank you for your insights... and also your trading experience.

Geppy's Geppy Thread (GBP/JPY)

you have to at least wait for the close of that candle

Geppy's Geppy Thread (GBP/JPY)

I have found that one of the keys to trading this pair is understanding gu and uj. gu has been bearish post FOMC it broke an important trendline and has been trending lower since. uj remained in a tight range yesterday forming a small doji following ...

Geppy's Geppy Thread (GBP/JPY)

If the price can reassert itself above the green trendline and hold then we are bullish... if the price bounces and heads lower then bearish...

Geppy's Geppy Thread (GBP/JPY)

I thought the same... but i think GJ was being held up by GU. It had broken below an important trendline post FOMC and was retesting it, so unfortunately for longs it held keeping GJ capped.

Geppy's Geppy Thread (GBP/JPY)

It's not an easy day by any stretch... First it was resistance at 169.69 and now support at 168.9...

Geppy's Geppy Thread (GBP/JPY)

Hi Graviton, Please correct me if i'm mistaken but this is how i understand it. 1. You test the market with your initial entry... if it's not good you get out quickly. 2. If the initial entry is good and you are in profit you effectively start ...

Multi-Lot Multi-Timeframe Position trading

170.1 should be tested before any declines.

Geppy's Geppy Thread (GBP/JPY)

My view... Long above 169.1 Short below 168.5 The short-medium term trend is turning from short to long. The news this morning was GBP +ve however, it appears the price is going to gyrate between those levels until FOMC. It seems that's what ...

Geppy's Geppy Thread (GBP/JPY)

The US people don't have the appetite to engage in another conflict that the US has very little to gain from. Obama is obliged to pay lip service to the wrong doings of Russia in the name of freedom and liberty but he appears disinterested. Putin ...

Geppy's Geppy Thread (GBP/JPY)