GBP/JPY Support Broken
Tuesday, April 29th, 2008Last night we commented on the direction of the GBP/JPY. We also specified the 62% level of the Fibonacci support at 206.75 a possibility on the Asian market as all “..indicators and trading analyses point south.” See yesterday’s post.
GBP/USD Bucks Trend - Bloody Day
Tuesday, April 8th, 2008The British pound sterlings saw reversal from last week’s budding trend this morning. Forex traders began Cable, GBP/USD sell-off in the Asian and Pacific market sessions of the early hours of today. The shorts remained intact through Euro and US trading Sessions all afternoon.
GBP/USD and GBP/JPY Trades Clocked +535 Pips On Stearns News
Saturday, March 15th, 2008Yesterday became my best pips collection day in my years of forex trading. The charts below are self explanatory but many of your emails have requested detailed execution tips which you will find very useful here. Forex Trading: GBP/USDI traded cable, GBP/USD and GBP/JPY yesterday. Both pairs came up trumps. I posted a couple of thoughts yesterday. My first post highlighted possible EUR/USD action play which ended up being right.
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