no.. messy week... 80 pip loss on nzudusd, 50 pip loss on audjpy (trailed up maybe too soon).. looking for AH if doesn't break support convincingly

thanks coolshades. I assume you mean 82.28 on audjpy.. I was looking more at the support line on daily running all the way back to Feb 2009, but I see the fib you mean. There also one from the previous low - 50% at about 81.40 around 82.00 now, so ...

audjpy — anyone? coolshades - know you were looking at this one.. has come down pretty hard, but looks quite good update: support at 81.00, have placed a stop order at 81.50. so it has to come my way a bit to get in. lets hope this is a better ...

nzdusd — long at .72 after it bounced off support at +- .7150

same here - moved stop to BE when hit 1.6210 - leaving open for the weekend

great advice! I have been doing much better due to just leaving paris that are ranging alone.... there are enough pairs with good volume that are trending at any point in time

usdjpy — anyone having another look at usdjpy? There is some resistance above still, but it does look tempting.. Update: order placed at 92.50 Update: long at 92.50

long at 92.0 after rejection of trendline (rounded to 91.5) plus 50 pips to confirm direction. quite strong resistance overhead at 93.50 (downward sloping trendline, joining 6 april and 7 aug 2009) glad to see I'm not the only one

price sitting on TL or 50% fib — Hi I seem to remember Jacko saying something about price that sits on (or closely around) a TL or 50% fib is more likley to break that level the longer it sits there. I.e. if price has not been repelled by that ...

nzdusd — Hi This might be of interest (xj8 - quite close to your setup as I understand it) I have order to go short at 7250. update: I have cancelled this order.. price has gone past the 50% fib and TL to 7290. This is one of the benefits of ...

current status — Hi Dan I had a long EU last week from 4850, but closed it at 4970 on friday. I was still concerned about the dubai fallout and holding over a weekend. (The preference of not holding over the weekend is from Jacko, but I think ...

xj8 — Hi xj8 Thanks for your well thought through analysis once again. For the sake of discussion and sharing views(as that's why we're here right), I have a few comments on GU as I think danuk pointed out, GU is a bit tricky at the moment and ...

barrypips was kind enough to summarise into a pdf quite some time ago... you might find it useful to download and go through this. url i think this is the latest version...certainly contains the key elements of this system IMO

eurusd daily chart — Hi maq...here's how I have it on daily

agreed, long on eu at 1.4850.. bit wary of volatility and friday, so have halved position size... will look to get some more early next week, but I think the market has over-reacted to the dubai world news and was concerned we might "correct" back ...

what are your guys thoughts on trading today and tomorrow? Watching with interest as AUSUSD is coming back to support line...

cool...agreed then... only reason I am looking at it is the USDJPY is one of the top volume pairs and I am trying to keep charts current on these so that, if something happens, I am not looking for the first time.. backburner for sure..but that ...

usdjpy — here's how I have it... see the red arrow as potential area...don't think there's much chance of it getting up there... maybe monday....if the dollar rallies hard...

50 Pip confirmation — Hi Dan Thanks for the reply (and the thread!) I have been trading a daily system based on the concepts of joe ross for some time. He also has the concept of a retracement and then confirmation back in the trend direction. ...

yep...watching that too...maybe monday