ive ditched them all. need a good week to recover the losses now. something which i havent had since christmas.

Auslanco - GBP/JPY and GBP/USD (newstrade)

thats one of the reaosn i held it at the time, nfp move was against trend and news driven moves against trend usually reverse 100%. granted it was oversold and needed the retrace. well weve had the retrace now hopefully! i did hedge part of it with ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

im praying you right cos that would get me out at even on the 2 shorts im stuck in at 134.47 and 135.21. but i dont have much more room for it to go up before im screwed. if i can last till asia it might be ok. just get the feeling ny is gong to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

135 is not a little correction, its 200 pips down which is an entire days average range IF it goes straight down from the open. i cant see it dropping straight down 200 pips tomorrow unless something happens to hammer the pound again. if anything i ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

close at entry point?!?! id love to, it has to get there first and thats 200 pips down!

Auslanco - GBP/JPY and GBP/USD (newstrade)

i hope it does drop from there or im screwed. got stuck in short from 134.25 and 135.35 and dont have the room for it to go to 139. so im praying for some sort of real bad news to come out over the weekend to send the pound down, cos complete lack ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

yup pivot at 133.76 which is exactly where it opened (based on ny close) so no real need for it to touch it again hopefully 135.50 and me happy

Auslanco - GBP/JPY and GBP/USD (newstrade)

clear break back below 134 very bearish sign to me. ooking for 132.50 again now, not 135. unless it closes above 134

Auslanco - GBP/JPY and GBP/USD (newstrade)

well gj seems quite clear now i guess. break back below 134, very bearish sign, probably 132.50 test? if 134 holds, 135.50 should be easy?

Auslanco - GBP/JPY and GBP/USD (newstrade)

i think its going to test that 134, then up

Auslanco - GBP/JPY and GBP/USD (newstrade)

there is huge amount of risk tomorrow with halifax then rate statement/QE, then same for euro, then US unemployment, then US home sales. and to top it off nfp the next day. so it could do anything tomorrow. could tank on bad news/comments. could go ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

im guessing they mean for a 10k account your trade should be 30k, or 3 minis. they just seem too stupid to word it properly.

Auslanco - GBP/JPY and GBP/USD (newstrade)

ive taken my first long here at 133.50. i will add on a convincing break of 134 my first target would be 135 to 135.50

Auslanco - GBP/JPY and GBP/USD (newstrade)

yup im also looking up at the moment, not totally convinced until it breaks 134 so using smaller positions and larger above 134

Auslanco - GBP/JPY and GBP/USD (newstrade)

not touching it till ADP, could go either way but adp should help give it some direction until nfp

Auslanco - GBP/JPY and GBP/USD (newstrade)

yes i think down is not finished based on what 4h looks like to me. i think 135 again at least for today, maybe lower depending on news

Auslanco - GBP/JPY and GBP/USD (newstrade)

on 4h chart pa when it was at 139 looks exacly the same as pa at 136. seems to be curling over to point down again. when us gdp comes out later itll probably drop again the same as at 139

Auslanco - GBP/JPY and GBP/USD (newstrade)

142? hmmmm all news better than expected and pound drops like a rock. not exactly a good sign for any kind of up move lol i dont think they have any intention of taking it up. havent seen anythign that looks like it even slightly resembles buying to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

range is STILL only 126 pips. theres more than enough range left in the day to break 138 yet. it is now back below 139 having failed to get above monthly s2. weekly s2, and the daily open. downtrend remains intact for me so far.

Auslanco - GBP/JPY and GBP/USD (newstrade)

i be surprised if it gets below weekly s3 at 137.32 before the end of the week though

Auslanco - GBP/JPY and GBP/USD (newstrade)