Thread: GBP and JPY Pairs H1 2013

Here you go pound Here is a look at what will be in the book. All pairs move in cycles, every Tf moves in Cycles. Before this move occurred we saw a long sideways move That was because the pair was moving to the Daily TF to make a big move upward. It hard to explain but enjoy the chart. Remember we are moving into a bullish set up could see a move up or sideways!!!!1

Interesting stuff

Originally Posted by MoneyInc.II

Here you go pound Here is a look at what will be in the book. All pairs move in cycles, every Tf moves in Cycles. Before this move occurred we saw a long sideways move That was because the pair was moving to the Daily TF to make a big move upward. It hard to explain but enjoy the chart. Remember we are moving into a bullish set up could see a move up or sideways!!!!1

ive been scalping up to 14100 and down again shorting for 10-20 pips. There is defo resistance at this 14100 line. We will need a clear break today above this 14100 say 14135 for it to reach another high.1 min and 5 min charts clearly seeing bonces at 14100

If it gets there this will be my next long position. This is where a big momentum from the sideways trend could take us

Originally Posted by MoneyInc.II

More jobs a better economy for the USA. Go Dollar Go.

Sorry, Money, but the news for the Dollar is awful. Jobless claims rose in direct contrast to expectations:

Initial Jobless Claims in U.S. Rose 13,000 Last Week to 462,000 - Bloomberg

The trade gap unexpectedly increased despite the weaker Dollar

Trade Gap in U.S. Climbs More Than Forecast as Imports Increase - Bloomberg

and U.S. home seizures reached a record:

U.S. Home Seizures Reach Record Amid Foreclosure Review - Bloomberg

The Triple-Whammy suggests the Dollar has nowhere to go but down.

here is a look at the 5 and one min TFs

The market has a predestine out come.

Originally Posted by Chrisfx92

Sorry, Money, but the news for the Dollar is awful. Jobless claims rose in direct contrast to expectations:

Initial Jobless Claims in U.S. Rose 13,000 Last Week to 462,000 - Bloomberg

The trade gap unexpectedly increased despite the weaker Dollar

Trade Gap in U.S. Climbs More Than Forecast as Imports Increase - Bloomberg

and U.S. home seizures reached a record:

U.S. Home Seizures Reach Record Amid Foreclosure Review - Bloomberg

The Triple-Whammy suggests the Dollar has nowhere to go but down.

humm whats next?

Wasn't that fun

Ever unwavering in My assurance that the United States can overcome its present difficulties, I look forward to the Day after November 2. When the American People will finally come to the realization that Big Government cannot ever run an Economy in an efficient manner.

Throw the Bums out as the saying goes. That means Members of both Parties addicted to over spending the Taxpayers Money.

At last, some common sense will come to Washington. Yeah! We'll have a recovery. Not some weak slow recovery as some predict. But something that will give entrepreneurs and business People a reason to spend and invest the Trillion in cash they've been sitting on.
How this will affect the Dollar, I'm not quite sure. I only thought I had this Forex thing figured out. "Pride goeth before the Fall" as they say.

I will admit to some surprise that the Pair is still rising. I'd always heard that you're supposed to trade the rumor and sell the News.
Rumor has it that there will be a major change in the Congress and Senate on November Second.
But then, I never could understand why the S & P went up, the dollar goes down. Never made any sense to Me.
So! Two steps forward and only one step backward, still results in a profit.

Happy Trading!

P.S. Unless that backward Step is a lttle larger than the forward steps! Bazinga!

I think the later.... Sir Americans are like teenagers. When given the opportunity to do as they please they always screw up. As seen in the last administration.

I never mentioned Democrat or Republican!
I said overspending Politicians.
You don't actually believe the present and continuing as you say Policys will get Us out of this Mess. Do You?
Grab a Teabag and join the Common Sense Crowd.

Originally Posted by MoneyInc.II

I think the later.... Sir Americans are like teenagers. When given the opportunity to do as they please they always screw up. As seen in the last administration. Once again it is left for the then Dems to clean up the Rep Mess. This admin will do that with a stronger dollar. It is amazing that it took 8 years to get into this mess and you people think it should only take a year to reverse it.....Get Realllll

Lets see what happens?

Gentlemen,

Let's be careful here please as this is a forum on trading FX and not politics. MoneyInc.II....you did bring it to a new level which is against forum rules. Let's get back to the subject of trading the EUR/USD please. Thanks.