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yezbick replied May 28, 2007Just watch the price movement. You will notice that often times it will come back to and hang around different pivots, supports and resistances. S&R's are the most basic indicator for trading. Many traders base their decisions around them as seen by ...
Daily GBP/JPY analysis
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yezbick replied May 28, 2007NewstraderFX image vbmenu_register("postmenu_1452618", true); FFAN Analyst Join Date: Sep 2006 Posts: 953 image Chinese Stocks Continue Higher; Shanghai Composite breaks 4300 Reports are indicating that retail traders are fueling the Chinese ...
Daily GBP/JPY analysis
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yezbick replied May 28, 2007? This is from a system started by Don Steinitz. You can research his system here. url He does have an EA that was recently opened to the public, but it is in testing at this time. You can find more about his EA's here. url and here. url His ...
Daily GBP/JPY analysis
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yezbick replied May 28, 2007Heinken_Ashi_Smoothed_Alert shows this downtrend started 5-28 around 6:00 GMT. You can see this in all time frames up to H1.
Daily GBP/JPY analysis
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yezbick replied May 28, 2007Watching and Waiting — Looking at indicators Nikkei up 65 points. Not much to talk about, but we have been in a sell mode since Sunday night. Waiting to see what will happen. Resistance seen at 240.97 for now. Daily support 2 seen at 240.89
Daily GBP/JPY analysis
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yezbick replied May 28, 2007I added the fib and pink line manually using an ibfx tool.
Daily GBP/JPY analysis
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yezbick replied May 28, 2007In order to see the 138.2 you will need to do a manual fib placement and then move back to see it. Like this. You will also need to change your time frame to D1 as well. You can barely see it on top. I've highlighted it in purple to show its ...
Daily GBP/JPY analysis
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yezbick replied May 27, 2007Looking at the H1 and H4 the yellow line your talking about is the retracement area. Currently we are coming out of a retracement from last Fridays move. From my understanding of Fibs. We are looking at the possibility of the 132.8 which should be ...
Daily GBP/JPY analysis
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yezbick replied May 27, 2007I find that I use fibs on all timeframes. Out of the ones you mentioned H1 has been the most useful. If your interested in learning more about using fibs. I've found the following to be of great help. video I have enclosed an indicator for ...
Daily GBP/JPY analysis
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yezbick replied May 27, 20071. Favorite Timeframe depends on the situation. Under general movement I like the M30 and higher. After a piece of news I will watch the M1 and sometimes even the ticker chart, but M1 is good. 2. I prefer long scalping as it tends take less of my ...
Daily GBP/JPY analysis
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yezbick replied May 26, 2007Sorry, but I don't have any info on these just what I find on the news through forex factory.
Daily GBP/JPY analysis
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yezbick replied May 25, 2007Wait to see what the Dow does today. If north strong we should see carry trades continue. If south carry trades could unwind.
Daily GBP/JPY analysis
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yezbick replied May 25, 2007Currently in use part 2 — Also using these as well.
Daily GBP/JPY analysis
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yezbick replied May 25, 2007Indicators being used — I'm currently using the following.
Daily GBP/JPY analysis
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yezbick replied May 24, 2007Exact amount unknown, but should have a positive effect. Yes.
Daily GBP/JPY analysis
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yezbick replied May 24, 2007Looking stable for now. — Looks like the GBPJPY has stabilized. I need to get some sleep. I'll be back online for the GDP @ 8:30 GMT.
Daily GBP/JPY analysis