Your 1hr 5sma level lines up nicely with a support line I have at 230.90. Looks like a nice long entry-point.

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

Assuming it will wake up before I go to sleep.

Daily GBP/JPY analysis

251 is a long way up

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

If we hit 233.50 then this could go to 235. Today's resistance sits just below 233.

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

Someone tried to sell a personal trading course to me and said "You are only 10 trades away from $1million". I told him I could understand the mathematics but not the probability. Lots of snake oil salesmen here.

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

I have not met a newbie that started off as a winner. I believe most of us have come here with huge expectations only to experience the complete opposite. I once met someone who sold his house and traded 90% of it away, holding onto 10% to use on ...

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

With all due respect, I would have to disagree. Firstly, to clear things up, I'm a spreadbetter here in the UK, which basically means I don't pay tax and I don't trade in lots. The smallest trade I have ever been able to make (from the very ...

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

Simple rules for daylight savings (for North Hemi). Daylight savings ends last Sunday in Oct and beings last Sunday in March. Opposite for South Hemi. That applies to most places except the US which has just changed it, I think extending it one of ...

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

Trading with real money is the only way to do it otherwise you never get the psycology. Newbies should use microlots ($0.01 per pip) and as they become more confident work up. When at the profitable level, a mini-lot ($1 per pip) is a good start. I ...

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

You can search through my posts next time. Shouldn't take too long

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

Here are my charts that are still in play - nothing has really changed. Originally posted two weeks ago but updated over a week ago in this post url Currently we are bouncing inbetween two key reversal points so I am just scalping in the middle ...

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

It's like seeing people drive to the gym, go on the walking/running machine for an hour and then drive home again.

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

The problem is that this is a high maintenance thread (lots of newbies). I think that my charts should be fairly simple to read but the sort of comments I get from people makes me have doubts. I then feel obliged to defend and explain them whereas ...

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

Read my post again, carefully

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

238 as long as 227 holds. If it breaks then 235 is the high before retesting the low (at 219). My target is 221 before heading back north. I think explaining things in words is easier for most. I have a suspicion that some people have difficulties ...

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

Guys, I'm going long on my 1kt chart. This thing is going to rocket soon. I'd say 80% of the people in this thread will have one in two months time. Anyone else with me?

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

Why?

Daily GBP/JPY analysis

Agree that most signs point down and to be cautious. There is also an ascending right-angle triangle (bullish sign) in the picture that may not yet be broken. We'll find out on Sunday/Monday so I'll be flat until I get a clear sign (which I expect ...

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

[/COLOR] Sorry, my charts do not go back 200 years but that may explain why VT uses blue and red bars! I'm not English though I am British (naturalised), Australian (bred) and European (birth and blood) so my loyalties lie all over the place. ...

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

OK, you go first

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