Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

Poll: Are GBPUSD bears losing steam? Time for a correction?

Register


Results 72,991 to 73,005 of 98874
Page 4867 of 6592 FirstFirst ... 3867 4367 4767 4817 4857 4863 4864 4865 4866 4867 4868 4869 4870 4871 4877 4917 4967 5367 5867 ... LastLast

Thread: GBP and JPY Pairs

  1. #72991
    Fx(MIA) is offline Member
    Join Date
    May 2011
    Posts
    993
    Blog Entries
    15

    Good

    I like a challenge
    Gregory McLeod likes this.

  2. #72992
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Analyst and Forum Moderator
    Join Date
    Feb 2010
    Posts
    21,596
    Blog Entries
    1
    Quote Originally Posted by Alejandro Zambrano View Post
    Charts from today's edition of the webinar Bulls vs. Bears @ The Trading Room 10:30 GMT (11:30 UK time or 06:30 EST Mon - Fri)

    Recorded version
    Bulls vs Bears - The spread Betting Morning Update April 16 - 2012 | DailyFX: Bulls vs Bears on Blip

    QA session
    QA Bulls vs bears spread betting market update april 16 2012on DailyFX Live Trading Room - live streaming video powered by Livestream


    This correction will probably continue until the end of the London session so for 4 hours more and then we will try to create a high.

  3. #72993
    Spyros's Avatar
    Spyros is offline Member
    Join Date
    Mar 2012
    Posts
    1,461
    Blog Entries
    1
    If price holds above 27.2% (1.3055) maybe we will see a final attempt to 38.2% (1.3078)

    Name:  today2.JPG
Views: 537
Size:  170.5 KB
    Bunyu likes this.

  4. #72994
    Engin Gencer is offline Member
    Join Date
    Jul 2011
    Posts
    81
    Quote Originally Posted by Engin Gencer View Post
    if we could see 1.3055 before us open, would be a good short opportunity stop 1.3130
    heheheheh missed sell stop by 2 pips but a opened it manually...stop: daily close above 1.31

  5. #72995
    psperos's Avatar
    psperos is offline Member
    Join Date
    Sep 2005
    Posts
    205
    potential here for a very serious failure to the downside , could catch many shorting bottom of range that got sucked in by the H&S pattern as this pattern always does. Above 3080 will seal range trading, pressure to the downside while under 3050

    GBP and JPY Pairs-fail.jpg
    Gregory McLeod likes this.

  6. #72996
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    21,338
    Blog Entries
    26

    Cutting Losses Quickly Makes it Easier to Ride the Trend

    Cutting Losses Quickly Makes it Easier to Ride the Trend- After a long decline in the risk appetite currency pairs (AUD/USD, EUR/JPY, etc.) a rebound started in the early London trading session. A clear 30-minute down trend line was broken indicating a move higher as long as morning lows held. Usually, after a trend line break, a currency pair returns to test the breakout point before moving higher. I took that opportunity to turn my longs around and fade the rallies in AUD/USD, EUR/JPY and GBP/JPY. I closed all trades at the end of the Pip and Run Live Trading Webinar for a total of 26.6 pips in roughly 40 minutes of trading.

    Watch the Pip and Run Replay here: Forex Scalping Strategies: Pip & Run with Greg McLeod 4/16/2012 | Forex Scalping Strategies: Pip and Run with Greg McLeod on Blip
    Join me and the other Pip and Runners for all the fun and excitement of live trading HERE at 5:30 AM ET/ 9:30 AM GMT!!
    http://forexforums.dailyfx.com/6am-e...tml#post719803

    Talk to other scalpers here:
    http://forexforums.dailyfx.com/scalp...iscussion.html
    รูปขนาดเล็ก รูปขนาดเล็ก GBP and JPY Pairs-1.jpg  

    GBP and JPY Pairs-pip-run-twitter-logo.jpg  

    cw1, chaudhry and Ikee like this.
    Thank you for being a part of our trading community!
    To be added to Greg’s e-mail distribution list, please click here

    Want to discuss how our resources can help you reach your trading goals? Add your post to join the conversation or feel free to contact me directly at gmcleod@dailyfx.com

    We look forward to hearing from you!
    *Sign our Guestbook to gain access to the Trading with Fibonacci Course that will teach you how to use this powerful tool

  7. #72997
    ForexLion is offline Member
    Join Date
    Apr 2012
    Posts
    7
    I was searching for that bottom on EU today which eventually came at 1.29938. I hope that is the true bottom though after that long decline from friday 13. What a drop

  8. #72998
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    21,338
    Blog Entries
    26

    Euro News Fade Setup?

    Quote Originally Posted by ForexLion View Post
    I was searching for that bottom on EU today which eventually came at 1.29938. I hope that is the true bottom though after that long decline from friday 13. What a drop
    That sure was a long decline ForexLion! It just went on and on. We might have a little bit of profit taking after a better than expected US Retail Sales number before moving higher.

    What do you all think?
    รูปขนาดเล็ก รูปขนาดเล็ก GBP and JPY Pairs-9.jpg  

    stryker likes this.
    Thank you for being a part of our trading community!
    To be added to Greg’s e-mail distribution list, please click here

    Want to discuss how our resources can help you reach your trading goals? Add your post to join the conversation or feel free to contact me directly at gmcleod@dailyfx.com

    We look forward to hearing from you!
    *Sign our Guestbook to gain access to the Trading with Fibonacci Course that will teach you how to use this powerful tool

  9. #72999
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    21,338
    Blog Entries
    26
    Quote Originally Posted by rcopadilla View Post
    This year Tax day is on the 17th.
    I filed mine in February so I forgot the exact date. It fell on a weekend, that is right! Thanks
    Thank you for being a part of our trading community!
    To be added to Greg’s e-mail distribution list, please click here

    Want to discuss how our resources can help you reach your trading goals? Add your post to join the conversation or feel free to contact me directly at gmcleod@dailyfx.com

    We look forward to hearing from you!
    *Sign our Guestbook to gain access to the Trading with Fibonacci Course that will teach you how to use this powerful tool

  10. #73000
    obahlouli is offline Member
    Join Date
    Feb 2011
    Posts
    116

    Understanding the terms "Breaking R and S Lines"

    I am having a bit of a confusion understanding what is meant when we say breaking the R line or S line or any kind of line in a chart.

    When you say breaking the line, what confirms that the line has been broken? i.e. closing below/above the line by a certain number of pips? What time frame? (Sometimes it closes below/above the line in 5M frame but not in 15M frame, etc Do you get what I am trying to explain here?

    It just confuses me a lot and sometimes causes me terrible losses in FOREX trading. For example, I was under the impression that if price breaks below 1.3000 in EURUSD, it will eventually continue down further. So I placed a Sell Stop at 1.2996, it caught it and bounced right up! Does this mean that 1.3000 support line wasn't broken?

    I really do need to fully understand this "Breaking The line" term, in order to avoid these kinds of mistakes in the future.

    Much appreciated.

  11. #73001
    Join Date
    Jul 2011
    Posts
    1,914
    Blog Entries
    4

    EURUSD

    Took my longs off at 1.3051 before going to osteopath. Have now put a buy order above 1.3070 and a sell below 1.2990. Let us see what happens!
    psperos and Graceding like this.

  12. #73002
    rcopadilla is online now Member
    Join Date
    Apr 2009
    Posts
    2,423

    1Hour Chart

    Higher highs and higher lows confirm the reversal. Initial upside target is the upper Boll20 band and maybe higher just above 1.3100. Then it's time to re evaluate again.
    buggypilot likes this.

  13. #73003
    aragon's Avatar
    aragon is offline Member
    Join Date
    Oct 2010
    Posts
    19
    EUR/USD likes swing

  14. #73004
    buggypilot's Avatar
    buggypilot is offline Member
    Join Date
    Oct 2011
    Posts
    125
    rcopadilla, I'm in favor of long above 1.3055 with a target of 1.3105 which lines up with ICH cloud top. I've been long since 1.3025 (Today) as I trade based on ICH and the standard indicator wave method for H1+ indicators much like in your chart. Thanks for sharing.
    Gregory McLeod likes this.

  15. #73005
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    21,338
    Blog Entries
    26

    "Are you a Euro Bear or Bull?" Poll working Now! Please Give your Responses!

    Hello Traders!

    "Are you a Euro Bear or Bull?" Poll working Now! Please Give your Responses!

    For those of you that could not vote in the polls, you should be able to vote now.

    I had to delete the old one and clear out the buffer.

    Happy Trading!

    Greg
    Thank you for being a part of our trading community!
    To be added to Greg’s e-mail distribution list, please click here

    Want to discuss how our resources can help you reach your trading goals? Add your post to join the conversation or feel free to contact me directly at gmcleod@dailyfx.com

    We look forward to hearing from you!
    *Sign our Guestbook to gain access to the Trading with Fibonacci Course that will teach you how to use this powerful tool

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.