That's what I'm hoping for! Keep adding new positions when over sold while taking profit on the old ones as price moves in our favor...

Third Screen Strategy - Dr. Alexander Elder

In fact, if all of these rates are correct then it looks like we are going to be gapping to the upside for the cross pairs. Hopefully it will close the gap and get us some more entry points (over sold) on the H1 within the next 24 hours or so.

Third Screen Strategy - Dr. Alexander Elder

Interesting... Just checked and you're right, however, almost the entire weekend it has been sitting at roughly 148.50 or so.

Third Screen Strategy - Dr. Alexander Elder

I only enter positions once H1 is over sold / over bought using Williams % for each pair that is traded.

Geppy's Geppy Thread (GBP/JPY)

It looks to me from what XE.com is showing that GBP/JPY is going to Gap DOWN on the opening by about 100 pips or so. If this is the case, I just may enter a long position right at the opening due to the statistics on "Gaps" closing the same trading ...

Third Screen Strategy - Dr. Alexander Elder

If anybody is interested here is my Trade Idea For The Week supported by Weekly and Daily charts. Trade Idea For The Week - LONG GBP/JPY As you all know USD/JPY and ALL of the JPY cross pairs are in very strong weekly uptrends and have recently just ...

Geppy's Geppy Thread (GBP/JPY)

Yep! This should provide us with good opportunities in GBP/USD and GBP/AUD longs but an even better opportunity with GBP/JPY in my opinion. I like how you follow the KISS formula (keep it simple stupid)

Third Screen Strategy - Dr. Alexander Elder

Trade Idea For The Week: LONG GBP/JPY As you all know USD/JPY and ALL of the JPY cross pairs are in very strong weekly uptrends and have recently just broken out to the upside again due to BOJ monetary decisions. From the last two posts in regards ...

Third Screen Strategy - Dr. Alexander Elder

GBP/AUD Possible Trend Reversal? Now looking to go long... Weekly - Close above 1.4635 (resistance now should be support...) Daily - D1 MACD Uptrend & Daily close above the 50 EMA H1 - Wait for Over Sold conditions on the Williams %

Third Screen Strategy - Dr. Alexander Elder

GBP/USD Possible trend reversal? Weekly - Close above 1.53 resistance Daily - D1 MACD Uptrend & Daily close above 50 EMA H1 - Wait for Williams % to show "over sold" before going long. **Due to the volatility and large daily range of GBP pairs I ...

Third Screen Strategy - Dr. Alexander Elder

That's what I'll be doing, JPY is going to keep weakening. Just look at the weekly charts along with recent BOJ decisions so from what I can see JPY cross pairs have nowhere to go but up for the time being. I'll be looking to add new positions once ...

JPY Cross Pairs

Typically USD/JPY and the JPY cross pairs move in tandem with each other, if AUD/JPY, CAD/JPY, and NZD/JPY are all UP bias then so is USD/JPY and EUR/JPY.

Third Screen Strategy - Dr. Alexander Elder

I will update each pair on the Weekly, Daily, Open Position, & Overall Bias For Our Most Frequently Traded Pairs chart at the opening of each new week's candle which is at 8:00pm EST

Third Screen Strategy - Dr. Alexander Elder

Thanks FishCoo, am looking forward to this week!

Third Screen Strategy - Dr. Alexander Elder

Correct We have strong weekly uptrends for ALL JPY pairs and D1 MACD is also bullish therefore we can buy any and all JPY cross pairs once H1 is over sold. This week should be an excellent week for JPY cross pair BULLS!

Third Screen Strategy - Dr. Alexander Elder

Yep, as of right now though EUR is going to gap down by about 100 pips against AUD and CAD...

Third Screen Strategy - Dr. Alexander Elder

Hi Fishcoo, I will more than likely sit the next couple of days out on EUR/CAD and EUR/AUD and see what happens as Weekly trends are clearly down but D1 MACD is now bullish. Probably going to mainly focus on the JPY cross pair this week but we'll ...

Third Screen Strategy - Dr. Alexander Elder

Weren't you just saying last week that USD/JPY had reached its peak and would definitely move lower? I think that was even after the BOJ monetary decisions... If you understand that traders don't like a currency that needs to embark on aggressive QE ...

Cable Update (GBPUSD)

It's private...

Geppy's Geppy Thread (GBP/JPY)

Over 100,000+ pips since August 2011 trading the way I trade so no I don't feel very bad at all. Next time you should think before you open your mouth and make such a naive remark. You say one thing but my numbers and statistics are ...

Geppy's Geppy Thread (GBP/JPY)