haha..blame the Russians....hehe Vitaliy! Anyway...i dont see a weakness it in it coming into wednesday as well...thiss one should go full steam. Some speculation might begin on Thursday when london opens up to interest rates statement ...

Daily GBP/JPY analysis

Well trend is friend...if you are punting to find the top just be careful not to get sliced off. Resistance at 233 was broken wityh alot of efficiency now 234...clean cut. My question ... instead of looking to buy on weakness you guys go against the ...

Daily GBP/JPY analysis

...i think its because the price action is wild...thats why it attracts speculators. but i take it as a pip harvester. My entries are usually based on the 4hr.

Daily GBP/JPY analysis

reversal trading? are you feeding me pips? hehe. Well lets see where mr yen and mr pound wanna look like.

Daily GBP/JPY analysis

well thats surely good against the greenback...but im not sure if it will trigger the pound since we have more supports at now the new 233.00 level. If in anycase..the news seems to trigger the move up, i gues the word inflation is taboo. hehe

Daily GBP/JPY analysis

are you guys scalping or going for the big pip? what was the short trigger?

Daily GBP/JPY analysis

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