Still holding with the short position. Added another at 241.36. Looking at a 4HR chart, 241.30~241.50 seems to be a key S/R area. Keeps bouncing down off this area. Multiple OHLC's in that area this week. There it is again... 241.30 ...

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

pin par / doji — I took it short at 240.97. Could have exited at 240.20 but I'll stay with it. I'm wondering why now with the retracement all the way back to the entry. I saw the doji with the long upper shadow (candlestick) on the 4HR chart ...

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

pin bar formation — Hey, please don't punish us anymore than we have to with reading through all the posts. Why not be nice and give a simple answer. (I found this elsewhere easier than reading through all of the past post on this thread) ...

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

at the end of the day...... — Pageantry? Wondering why the precocious child is tugging at his mother's dress as I parade by in all my magesty with....."look, the emperor has no clothes".... Rewriting the fable..... and her reply was, ...

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

the :00 of the clock — So strange how the markets seem to jump into action at the top of an hour. Not much of a downward move of the 4HR candlestick just completed. Seem to have drawn back up off the 4HR low without giving this draw down much ...

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

Great advise.... but is it wise to starve yourself to the point of anorexia while you studiously sit at your trade station sharing your wisdom with us? Just happened to see your pic (avatar). Thanks again for all your perspectives on trading. Dr. D.

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

the 4HR holds the key — Agreed, and we have another hour to see how the market handles the 4HR candle. If it closes on or near the open ~240.60 a doji is formed and could signal a directional change or uncertainty. Since it has moved down ~20 ...

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

That's good. Thanks for sharing. (refer to post #1145) Dr. D.

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

a file on Auslanco's trading system — I believe Auslanco gave Stochastic RSI 8,3 in an earlier post. It would be helpful if one who is familiar with TA and intent on following Auslanco's trend strategy could gather and compile all of this info ...

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

MTF analysis — Going out on a limb! What I have to say will only disappoint you if you are looking for complex TA analysis or discussion. I probably shouldn't be here since this seems to be all that is discussed... but after all we are all ...

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

Scott, Absolutely.... that's why I'm here. Short attention span? What were we talking about? Dr. D.

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

GBPJPY - Forex Megatron — Sorry for your temporary misfortune. There has been some good discussions on money management here and the levels of risk we place with our trades. Hopefully you have room for at least 50 more trades in your account. ...

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

Now jump aboard. Trains coming back to the station to pick up more riders. You have to look at this in waves which build strength for the downward move. The smaller waves of consolidation build for the larger waves / moves. Using MTFs. Dr. D.

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

If you have not seen it, take a look at my Money Management CalcuLog. url It may not fit your style, but it is accurate. I am currently trying to learn a decient system. I am part of the PF and the problem is not the information within the forum, ...

Daily GBP/JPY analysis

You are so right. I stand corrected. Dr. D.

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

Doing the math — Looks good anyway you calculate it! 7 losses at 40 pips = -280 3 wins at 120 pips = +360 _____________________________ average net gain per trade = +80 21.25 trading sessions per month 21.25 X +80 = +1700 pips per month per ...

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

Executions, plasticity, a coke bottle and success. — Que, Here's my 2 cents and then some. On one level, you are smarter than most traders. Limited to such a small trading account balance, through controlling both the size of your entries ...

Daily GBP/JPY analysis

Agreed. What a fun week. Certainly a 1,100 pip drop with this behemoth in a mere 7 trading days is bound to bring out a certain level of fervor and even a measure of mindless dribble from the masses. I certainly give "A" credit for clearly reading ...

Daily GBP/JPY analysis

Entries — You mean in the last 12 hrs. lol Short 242.50, 242.41, 242.31 Closed 241.14 +116 pips Short 242.12, 242.22 Closed 241.68 +98 pips Short 241.80 Closed 242.11 -31 pips Short 242.52 Closed 242.48 +7 pips Short 242.58, 242.68, 242.90 ...

Daily GBP/JPY analysis

Auslanco My Yahoo I.D. is fourxtrader e-mail: [email protected] thanks, Dr. D.

Daily GBP/JPY analysis