I've seen this kind of setups a plenty on the hourly lately...you have an upward breakout...then faded back 100pips then move up again or sometimes move down. So careful... Ceasar...looks like you won't get your entry at 232.5 here...i was expecting ...

Daily GBP/JPY analysis

One thing you need to note is GBPJPY average swing is a little more than 70 pips on range if we look from the hourly, for you to take a small SL on the trade would mean that in the long run you will always be caught on the swing even though your ...

Daily GBP/JPY analysis

hmm you're trading against the trend....and now at the time of writing you're 8 pip down without spread. I'd give more allowance on the SL...Its the PoundYen we're talking abt here.

Daily GBP/JPY analysis

Vitaliy, Market is sentiment driven. You see alot of emotion in price action..even more when you see news. But if we incorporate technicals to it, we will realise a big portion of the market also respond to technicals, which is why institutional ...

Daily GBP/JPY analysis

the retracent is merely technical i believe. Fundamentals will drive the price higher. This week is a week for carry trades ... at least till Interest rates report.

Daily GBP/JPY analysis

shouldnt see why not. Not sure if ISM on the dollar is gonna trigger pound selling though (highly unlikely but heck the currency world is a wierd one). Anyway im tanking on a long holding for this one...we should see 233 soon.

Daily GBP/JPY analysis

Well we'll have to see when friday comes as well. Interest rates!

Cable Update (GBPUSD)

What do you mean by bad news? It was surely below expectation but not something that would cause the ripple for cable. Indicator still shows that the sector is growing...We'll have to wait for US data tonight.

Cable Update (GBPUSD)

Gee...whats that? morse code? hahaha. Anyway demand and inflation up = booming economy right? bah...

Cable Update (GBPUSD)

oh there u have it...im so glad i got in the yen at 232.2

Cable Update (GBPUSD)

oh i think they are just waiting for it to come cheap... i dont see any strength in the dollar for the near term. Th epund is seen to be very well supported ahead of the 5th april interest rates announcement ...probably further bashing to the ...

Cable Update (GBPUSD)

no problem.

Eagle Method MA Crossover System

weel one things for sure...there i no perfect system...this one will fail on choppy days. But for whats worth, we want to make it a winning one. like you said there are a few ways to make the exit better. I have a few ideas. - 1 use 21sma Open and ...

Eagle Method MA Crossover System

Hi, Great simple system...i dont even think u need the 9sma hehe... Anyway you might need a faster exit....21close and 34open tunnel should do the job.

Eagle Method MA Crossover System

i think this one is pretty obvious. though i dont want to be too confident. Are you sure the news could push the price to break 700? at 70 it would require some kind of force to push it up. At least, on a positive note we have a small range ...

Cable Update (GBPUSD)

Thanks Stocwet, One final noob qn. So does Your current Manage TP EA has this facility programmed? If no, where can i get the EA or script? regards Jest

Manage Take Profit EA

Hi Stockwet, So in summary, (im just guessing this). The current Manage TP EA will not work wih magic numbers...yet. In order to allow this to work, i will need to run another ea which assisgns magic numbers to trades, right? Many thanks.

Manage Take Profit EA

Hi Palmer... All you have to do is to palce the EA on your charts. Any order, market or pending once kicked in, EA will manage the trade according to your system setting. I'm still figuring how to use the magic numbers... Could you give us a crash ...

Manage Take Profit EA

This is the best of the ive seen thanks stockwet, really cool. Now i can watch more movies!

Manage Take Profit EA

Hahaha thanks Thom, i will look it up.

Box Breakout indicator