I'm seeing a slight bull here. I'm new so maybe I'm not doing something right. Before i jumped in. I wanted to hear from the experts.
Thanks
Thanks
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
GBP/JPY, GBP/USD, and EUR/USD (technical analysis) 3,084 replies
Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
Adwa Daily GBP/JPY analysis 23 replies
Dislikedall the shorties... dont get panicked ... market is thin and tokyo just started ... it's just a breather . Retracement up to 4hr 5sma 248.30 range.. good time to go short.. if you havent already.Ignored
DislikedHas anyone still practising on demo accounts?
I'm testing this news trading method... which I study the interbank chart patterns of GBP/USD of the last 30 mins before the release... I can make the buy or sell call 10 minutes before the release. I study the buying and selling patterns and 4 hr trend on Ducascopy interbank platform. If i can find a strong pattern inline with the 4hr trend then I make the call...Otherwise no trade. I have been testing this since march and it has a 95% win probability upto now. Please only try this with Demo accounts as this is still on it's testing stages. This weeks news events I would like to trade are listed below... If you like to participate on this thread let me know... but you must have a demo account ready..
Count me in, would love to test this out.Ignored
Disliked248.30 is the 50% usual retracement when a new market starts or on a very thin volume trading..Ignored
DislikedI am sure you all noticed that we are sitting right underneath the absolute high in 1992 of 249.19. Will this act as resistance again? The market has only got within shouting distance of these levels one other time in 1998. The runup the last few years has been pretty dramatic and I wonder if we are spent at this point.Ignored
DislikedI am sure you all noticed that we are sitting right underneath the absolute high in 1992 of 249.19. Will this act as resistance again? The market has only got within shouting distance of these levels one other time in 1998. The runup the last few years has been pretty dramatic and I wonder if we are spent at this point.Ignored
DislikedAuslanco,
Could you explain a little on how you are using the 5sma?
ThanksIgnored