Smaller parties united for hung parliament — As I said in a few other posts on this site, The Scottish national Party could hold a strong hand in a hung Parliament. Now it's signed a deal with Plaid Cymru. ...

UK Election Countdown.....

Election Seat calculator — have fun predicting the seats LOL http://news.bbc.co.uk/1/hi/uk_politics/election_2010/8609989.stm

UK Election Countdown.....

It depends on how well you understand hedging. — There is nothing intrinsically wrong with hedging. In it's simple form you just place a trades at roughly the same price. Use the SL as a ratio of where you think the price might go. ie. If you ...

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

LOL - this is why I'm setting up a new account — I said a few weeks ago when i started to move from my long term trades to GBPJPY that the name of this beast is hedging. I'm setting up a new micro account specifically for GBPJPY and will use ...

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

H4 Chart for GBPJPY 30 April 2010 — Even within 12 hours this chart has flipped a bit. Now it's looking a bit uncertain and possibly going to a sideways/small range movement. The chart also shows a trend line that the price cuts through over ...

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

Just a quick check on my charts — Quite a few things didn't feel right with the pa, so I re-did a quick check of my H1 and H4 and daily charts. The daily still seems bullish, But, a bit more revealing is the total confusion on my H4 and H1. ...

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

Andrews pitchfork — I believe Andrews pitch fork is best used with commodities. I'm pretty certain I read somewhere it fails to cope with the volatility of Forex markets. I might be wrong, though.

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

UK news — 2 Things that caught my eye today in the news are: 1. British banks might have £10 billion losses in Greece. http://www.forexfactory.com/news.php?do=news&id=234098 2. Whoever becomes the next government "might" lose the next ...

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

R1 and Fib .5 at the same level — Anyone else see that R1 and Fib 0.500 @ 143.762 are at the exact same level? I've seen it very close before, but not THIS close! Might be some significance....or not.

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

Interesting EMA 50 — Just had a look and it's interesting. However, if I was a mathematician I'd be very worried about the one-sidedness of the price regarding the EMA 50. Here's a quick weekly chart and look are the area inside those ...

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

Hung parliaments — They'll be a huge uncertainty with a Hung parliament. However, there's a few successful countries in Europe with them..Sweden, Germany, Netherlands ... Any prediction of an outcome will be difficult. But remember that ...

The WoRmHoLe

My daily chart for GBPJPY 26 April 2010 — There's still no clear idea where GBPJPY is going in the short term periods. So here is my chart analysis for a medium/longer term trade. Chart shows an interesting view in that the price has twice ...

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

Reassassing GBP/JPY — after reading allseeingeyes's post #222410 I'm re-assessing my GBPJPY outlook. IMO if a EW starts to work, then the self-fullfilling carries on. So, cheers allseeingeye for highlighting that one

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

I'm out. — Unless something dramatic happens in the next 4 hours I'm not going to guess. As I said before, it's going to happen over the weekend. I'm presuming the Euro is going to get a rescue from Beelzebub himself. I've now only got 1 non ...

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

Chart H1 - boxed in — Looks like it's boxed in and could go anywhere!

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

What - no change! — Woke up late (I needed a lie in) had breakfast, and switched on my computer....guess what, no change in GBPJPY....Mmmmm. I really don't like the looks of this. Something's gonna happen on early Monday morning in Tokyo. 1. ...

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

That's a very similar chart conclusion I came up with yesterday, see post #221846 I've closed all positions in GBPJPY, I ain't taking any chances at the moment.

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

Gone back to basics — OK, I'll admit I have no idea where this beast is going. It's caught me out a few times now. So, if in doubt look to history, as we all know, it tends to repeat itself An old technique I used a few years ago but ...

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

Slight humour in my madness — Looks like a piranha...but will it bite me? M5 chart leading to where?

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

latest GY chart and it looks like..... — ....150 will soon be on our way! This is my latest H4 chart. I've just reviewed a the previous posts and found what Fullhouse's post #221757 found pattern very interesting. This looks like it's fitting ...

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