Thanks — Thanks for the kind words

GBPJPY scalpers

lol — It made my laugh as my trading partner says i draw APF's like a monkey !! I much prefer linear regression channels. OK let me simplify even further .... here is 1 hour with a trend line drawn. Isn't the last bar just a test of the break ...

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

New Trade Trigger 5 Min — Here is rsi crossing dowm thru 60 on a 5 min chart. AS I am bearish I will trade these triggers if filled on a 5 min chart . The trade is on the chart , 206.35 entry image

GBPJPY scalpers

trade trigger — 5 min chart ... rsi crossed 30 at 14:30 pst , 205.99 high of trigger bar , 206.15 was entry. Closed 206.8 i did not trade it but that was the rsi 14 crossing 30 trigger that happened this after noon. A very very easy 65 pips

GBPJPY scalpers

Am I missing something — I must be missing something Most traders are saying up. My 2 hour charts clearly show down... not by any fancy indicator other than price itself. We have a clear double top ( okay so there is 10 pip difference , but ...

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

Love those blue triangle — Do those blue triangles get auto plotted or do you have to plot them. They show the price action well.

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

Just a little something — This is for you newbies out there. About indicators. I have never heard of the three indicators above. I have been trading for 4 years. Most trades are made based on something. Maybe it might be crossing of moving ...

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

My overnight target — I think 204.4 for overnight target , maybe even 203.5 Look at a 4 hour chart. The bear flag has been broken

GBPJPY scalpers

Fukui — This is where keeping up with the news is good. Fukui is very bullish that the Japanese economy can grow despite recession worrries in the US. This was the senitment of his last speech. Is this a man indicating that his country is ...

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

Thought i would post in UJ — Lots of talk in here on UJ bounce Here is what I see Bear flag with flagpole 108 to 102.5 zone ( 550 pips) Ignore the blip under the flag on Tuesday. Lets call that a false break out. We have broken the bottom of ...

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

Good questions — Bottom will be 50 .....lol just kidding. The bottom can be on many different time frames. On a 4 hour the bear flag is on the verge of a break down. Once the 205.5 zone is broken thru we will likely start the next leg down ...

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

You are ok — I cam in to post saying that the bear flag on the 4 hour chart iso n the verge of a break to the downside. Once that 205.5 area is broken she is going down.... think 900 - 1000 pips down. That is just my opinion

GBPJPY scalpers

Not typically — I do not day trade it due to the large spreads. I do position trade it due the nice waves it moves in. Current one I got in a little late but still have 300 pips in the bag.

GBPJPY scalpers

It does look cool though — It does look cool .. other than the fact that translated i think it means "that Malcolm guy does not know what he is talking about"

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

Intraday trading — I think trading a quieter pair like usdcad or audusd is good for beginners on a 4 hour or even 8 hour time frame. I started with NZDUSD. I am an intraday trader , but only trade for 5 hours per day otherwise you get burnt ...

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

Justr wait — Simon wait till you start trading those 50 lots ... lol .. on GBPJPY you start off with $3000 loss.

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

Here is why the trade on eurcad is cancelled — This a reason for the adding of pips to a trigger. I was adding 60 pips to the low of the trigger bars as this took me under that support line running down from top. In fact this trendline formed ...

GBPJPY scalpers

opps — forgot to read the post before I posted it. Lots of typing errors. Trading is my skill not typing

GBPJPY scalpers

will do later — RSI si the best technique to use. Depends on the time frame. 5 min use only values of 30 and 70 ( the rsi rapid EA that was posted ea;rier in the thread works for that) , entry is 15 pips above the high or below the low of the ...

GBPJPY scalpers

Traders in training !!! — Congrats. Traders in training ( when they can open their little eyes) cute !!!

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