Truthfully, we will not know what will happen in the future. What makes you so sure the rates will be going up in the first place? How good can the forecasting be? Looking at History, BOE has done alot of crazy things with rates. Immediete price ...

Daily GBP/JPY analysis

technically, they are still intact...for me. fundamentally overbought, and reeks of inflated prices. Not that it won't do any good but im sure there will be intervention inflated prices are not good for the british econ, some people might have a ...

Daily GBP/JPY analysis

GJ has been really easy to trade for the past 2 months...

Daily GBP/JPY analysis

too volatile...if you enter now you'd probably miss much of the move, not sure if gbpusd will trigger another move, trend has been intact for abt 1 1/2 weeks so a retracement still...for now... im tanking on the retail bringing the cable down ...

Daily GBP/JPY analysis

Fundamentally, i don't know if its any good for the pound and eir econ if it goes any higher. looks like a bubble waiting to burst. I say the englishmen should take a break and take some holiday, with their rich currency, they need to share that ...

Cable Update (GBPUSD)

The pound has reached a state where inflation maybe a worry, and i believe the rate hike might have been priced in along time ago. With US weakness and Yens reluctance to revalue, we might be looking at a stale market for the next couple of months. ...

Daily GBP/JPY analysis

Technically, if we are trend trading it, it would have been a good idea to enter it, but looking at the way price dropped yesterday, its hard to ascertain if they will be able to retrace back upwards. The RSI (not that i swear by it but just one of ...

Cable Update (GBPUSD)

yeah made two rounds of 10 pips scalps should i go for a third, will it be a third time lucky or not everyday is a sunday?

Cable Update (GBPUSD)

Yes and so far the best system that i found that does this is trendlines. regards jest

Revolutionary ideas regarding the market and system optimization

"Meeting participants agreed that, while recent economic data had been mixed, the economy was likely to expand at a moderate pace in coming quarter," the minutes showed. How likely is an economy to grow with such heightened inflation worry? Further ...

Cable Update (GBPUSD)

hahaha, cesarnc... I believe you are spot on with the analysis...when price breaks the support points there have to be a reason for it, a correction at this level is pretty much e case but to have it as a a reversal will require a strong fundamental ...

Daily GBP/JPY analysis

well not too bad for me. i entered during the asian open, still think the entry was a bit lagged coz i woke up late, (living in singapore). I was analysing the bull run last night and could not gauge where the market was going today, so i did some ...

Daily GBP/JPY analysis

Hi Girlflyer, just curious, what is ur signal going short? All the more since ur not sure why it moved up so much without any news. regards jest

Cable Update (GBPUSD)

Just simply trade...defining things will always have rebuttals. Believe in your concepts, do not sway, trade your signals, backtest. The more you analyse the harder it gets (imho). The chart is not a crystal ball, they gave u knowledge of what had ...

My "Holy S**t Moment"

Hi, I will usually try to keep it simple with the entries...if price is wild, i dont usually enter i'll wait for a little retracement to a short term MA usually the 9 or 21 SMA before i take the trade, on slower times i'll take a trade when price ...

Follow the trend!

cesarnc...you are truly the caesar. Seldom you see a techie who is pretty sound with fundamentals too. My uncle used to tell me.."Being a good techie, you can be a good trader, couple it with fundamentals, you'll be a RAIDER, u still have a long way ...

Cable Update (GBPUSD)

Hi, This is my method with the TLs.

Follow the trend!

True. At the end of the day even if im wrong on moving my stops...price usually retraces to some impt points and reentries are always possible. I'd rather play defensive trading than harness a truckload but risking a heavy leverage. Thats just me, ...

Cable Update (GBPUSD)

Rule no. 1 : Never let a winning trade become a losing trade...esp when u are +30 up... Rule no. 2 : When you are not managing your trade, make sure you put some profit protection measure...Why din you tp some and move ur stop to -15 or proly break ...

Cable Update (GBPUSD)

from your data above...i see a lower amt of liquidity once price reached the 240s area...so the longs are also getting smaller the vol of the shorts are still begger tho...correct me if im wrong...

Daily GBP/JPY analysis