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This video update is courtesy of DailyForexCharts.com
Want to know where the prime long and shorting zones are on this pair? The video update below identifies some great trade setups for both intra-day as well as longer time-frames. Also! Don't miss my on-line seminar this weekend (May 3rd). Attend that seminar if you want specific techniques to help you exploit common chart patterns (double tops/bottoms, head & shoulders, triangles, etc) Click here for GBP/JPY update. Comments/suggestions/questions? Post them in this forum, I'll try to help you. Important legal disclaimers: DISCLAIMER It should not be assumed that the methods, techniques, or indicators presented in these pages will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these pages are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading. NFA Disclaimer Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect actual trading results. CFTC Disclaimer Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
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Neal Hughes "FibMaster". Learn to trade with Fibonacci; http://tinyurl.com/dlzlfq The best FOREX trade setups; http://tinyurl.com/c2ktb8 Last edited by FibMaster; 05-01-2008 at 09:22 PM. |
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The opening screen of that GBP/JPY update mentions some great trades by Steve. Since Steve sent me the charts showing his trades, I am attaching them to this message for traders to view.
Wow Steve, good trading! 600 and 800 pips, a good day's work!
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Neal Hughes "FibMaster". Learn to trade with Fibonacci; http://tinyurl.com/dlzlfq The best FOREX trade setups; http://tinyurl.com/c2ktb8 |
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One more of Steve;s charts, since there is a limit of 5 images per post..
It always pleases me when I hear from a trader who is making good trades based on my calls at http://www.dailyforexcharts.com The more that happens, the happier I am!
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Neal Hughes "FibMaster". Learn to trade with Fibonacci; http://tinyurl.com/dlzlfq The best FOREX trade setups; http://tinyurl.com/c2ktb8 |
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