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Daily GBP/JPY analysis

  • #11,461
  • Jul 27, 2007 4:38am Jul 27, 2007 4:38am
no trade guys .. this is just a range bound market
  • #11,462
  • Jul 27, 2007 4:45am Jul 27, 2007 4:45am
Quoting auslanco
LOL... i suppose I cant call it before>
Well I'll tell him what you said...
Gone to a better place
  • #11,463
  • Jul 27, 2007 4:45am Jul 27, 2007 4:45am
hi...

auslanco..

well dont know how to make the question any clearer....


Have in recent times you used other traders signals fed into an account you have.
  • #11,464
  • Jul 27, 2007 4:45am Jul 27, 2007 4:45am
[quote=karmostaji;1511602]If the 4h candle closes (24 mins to go) below 241.40, this beast might fall hard

4h chart timeframes vary from platform to platform. I also use 4h charts but my candle on VT still has 2.15h to go (and MT4 still has 1.15h left before next new candle).
Consistency and patience is everything
  • #11,465
  • Jul 27, 2007 4:49am Jul 27, 2007 4:49am
Auslan.. if the US GDP does come out as expected.. or better, that would mean that the economy is not too shabby - despite the mortgage mess. Do you think, that would ease the risk aversion responsible for the carry trade sell-off.. and the jpy pairs could come raging back?

Of course, if the GDP came out disappointing, then in my opinion, the jpy pairs will be hit even further.
  • #11,466
  • Jul 27, 2007 4:54am Jul 27, 2007 4:54am
Quoting Angler
hi...

auslanco..

well dont know how to make the question any clearer....


Have in recent times you used other traders signals fed into an account you have.

Hey, what are you getting at?

Are you referring to Felix?
  • #11,467
  • Jul 27, 2007 4:55am Jul 27, 2007 4:55am
still having problems getting added to the list.

sent new request

sorry if i'm cocking something up.

  • #11,468
  • Jul 27, 2007 4:55am Jul 27, 2007 4:55am
Quoting Angler
hi...

auslanco..

well dont know how to make the question any clearer....


Have in recent times you used other traders signals fed into an account you have.

Well...does it look like I trade other traders signal? it's a pretty stupid question to ask buddy.. I joined this thread to learn about chart analysis form Monarc and Fixme1too and few other chart guys.. Iam an indicator guy as I always say.. Only once, last friday I went weth Fixme1too's analysis, because My indicators did not give me a good trade for a one whole week and I lost that trade 100 pips. Thats was the first and last time..
  • #11,469
  • Jul 27, 2007 4:57am Jul 27, 2007 4:57am
Quoting dimmi
Hey, what are you getting at?

Are you referring to Felix?

felix calls news trades on deviation after the release.. I call the trade 10 mins before the release. Just to let every one know...
  • #11,470
  • Jul 27, 2007 5:00am Jul 27, 2007 5:00am
Quoting auslanco
felix calls news trades on deviation after the release.. I call the trade 10 mins before the release. Just to let every one know...




Are you using FXCM to trade? Thought currenex might be more your thing..
  • #11,471
  • Jul 27, 2007 5:01am Jul 27, 2007 5:01am
Quoting mjolimer
still having problems getting added to the list.

sent new request

sorry if i'm cocking something up.

He have problem with yahoo.
names are not getting into the list.
maybe you can not add too many name at one time to yahoo.
he will try adding everybody later. and trades will be annouced here and on yahoo at the same time.
  • #11,472
  • Jul 27, 2007 5:02am Jul 27, 2007 5:02am
I use 2 currenex ; FXCM institutional and Man singapore
Man singapore is for my hedge account
  • #11,473
  • Jul 27, 2007 5:03am Jul 27, 2007 5:03am
Quoting Abouelzelouf
He have problem with yahoo.
names are not getting into the list.
maybe you can not add too many name at one time to yahoo.
he will try adding everybody later. and trades will be annouced here and on yahoo at the same time.
maybe there's a maximum number of people you can have on your list only..
Trade what you see, not what you think.
  • #11,474
  • Jul 27, 2007 5:05am Jul 27, 2007 5:05am
Quoting auslanco
I use 2 currenex ; FXCM institutional and Man singapore
Man singapore is for my hedge account
I could never understand how hedging works.. one wrong trade (if you exited one profitable position and the direction never changed) and it would make me sweat!

How's FXCM for cnx? I'm using capital forex pro currently.
  • #11,475
  • Jul 27, 2007 5:08am Jul 27, 2007 5:08am
Quoting VishalJ
I could never understand how hedging works.. one wrong trade (if you exited one profitable position and the direction never changed) and it would make me sweat!

How's FXCM for cnx? I'm using capital forex pro currently.
there are better currenex brokers than FXCM... But I like the financial strength of of FXCM gbp/jpy : 3-5 pips during London and NY
  • #11,476
  • Jul 27, 2007 5:08am Jul 27, 2007 5:08am
Quoting VishalJ
I could never understand how hedging works.. one wrong trade (if you exited one profitable position and the direction never changed) and it would make me sweat!

How's FXCM for cnx? I'm using capital forex pro currently.


Capital Forex is much better from what I hear.. I don't think the FXCM 'currenex' even logs in via currenex.net .. ??
  • #11,477
  • Jul 27, 2007 5:12am Jul 27, 2007 5:12am
Quoting dimmi
Capital Forex is much better from what I hear.. I don't think the FXCM 'currenex' even logs in via currenex.net .. ??
They dont have the currenex frontend .. but currenex data feed for retail customers ( with added commission ).. But as for instituional they have the common currenex front end.
  • #11,478
  • Jul 27, 2007 5:17am Jul 27, 2007 5:17am
Quoting auslanco
Well...does it look like I trade other traders signal? it's a pretty stupid question to ask buddy.. I joined this thread to learn about chart analysis form Monarc and Fixme1too and few other chart guys.. Iam an indicator guy as I always say.. Only once, last friday I went weth Fixme1too's analysis, because My indicators did not give me a good trade for a one whole week and I lost that trade 100 pips. Thats was the first and last time..
Could you, when you have the time, summarize what kind of indicators you use? I obviously dont expect you to hold an education over them, but having a look at them when you give the trade signal here could certainly be useful for us newbies.
  • #11,479
  • Jul 27, 2007 5:22am Jul 27, 2007 5:22am
No sign of turning bearish any time soon...so we may have to wait a while before a trade.. the Pair is very much on a ranging mood.

RSI still above 50
Strength indicator hasnt crossed down
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  • #11,480
  • Jul 27, 2007 5:25am Jul 27, 2007 5:25am
Yes. But don't we have a down trend on 4H and the dayly chart?
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