thank u! — thank u markam... i will put that little kenel of knowledge away for use at a later date! good stuff..... nikkei down = gj may go down....got it... so what do u think of the geppy then ... no retrace just straight to the bottom and ...

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

yep — yep... wiaiting for many pairs to break their ranges and decide what is next... check mike w's thread out if u get c chance.... need your help!

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

thanks markam! — thanks markam.... i ahte to admit it but i'm still confused! lol can you put that in terms an idiot like me can understand????

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

good one — i like your thinking ....cad getting stronger goes right along with my usd/cad short play also(or maybe its yen getting weaker ..... either way i lke your analysis anyway good luck

MW's trading journal

yen weak — if the nikkei is down is that mean the yen is weaker? if the yen is weaker would the gj then rise because of it? i am confusedededed

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

lol — was way ahead of you....lmao put my stop above the 4 hour upper tl plus a littlw cushion in case she penetrates without breaking on a test up there..... its good risk rewad i like it...and if she doesnt conply i'll get the pips back on ...

MW's trading journal

watching htis thing — i'm watching this trade carefully because we have just penetrated the 1 hour tl to the upside.... uh oh! lol no biggie... price does that sometimes....but... i may have to exit and look for another entry short when she ...

MW's trading journal

saw that too — yeah thats how i timed my entry hoping she holds!!!! i'm gonna pm quecee he might like this too

MW's trading journal

hey — yeah i see what your saying....but with my sysytem the reason i like the trade is that price has retraced to the top of the triangle ..in other words i expect this is the highest it will go , i am trading on expectation that it will rise ...

MW's trading journal

ok — come on mike you know I'm a tom demark man! lol still learning and incorporating many tools and diffrent anlysis to go with it...always learning.... but basically i try to catch the meat of the swings with tome demark TLs and Tom demark ...

MW's trading journal

no problem — by the way i closed my long trade plus 50 so anyone thinking about it dont.... it could go either way....never chase! i learned that the hard way!

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

check — www.actionforex.com for quick reference to pivot points or get a daily pivot tool for your charting software.... i took this long for other reasons but thats a good one too.... you may be a little late to the party....when trading ...

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

thanks mike — took the usd cad with MY system as well excellent call mike! stop set above 9902 just to make sure i dont get stopped out on a retrace.... great stuff as usual mike

MW's trading journal

retrace or? — this may be the retrace...or it could be just interest playing returning to the ole daily pivot.... lets see

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

good stuff! — here is another that i read for your consideration: "Tomorrow we will have a good opportunity for a trade at 8:30 am EST, when the US Non-Farm Payrolls report is released. We will focus on the Non-Farm Payrolls figure, which is ...

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

yep — but of course! i have not paced any trade yet either mike just considering all possibilities.... good looking out! keep me in check! lol

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

monthly s2!!!! — WOW monthly s2 = very important! thank you...where do you get monthly s levels? I will be waithing for break lower of the range that has developed plus a break of lower trendline and pa to confirm...(so i am not as hung up on ...

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

thanks mike! — thanks mike ... i'm sure you are right.... but i am trading tiny little lots so its ok for me.... just experimenting and learning today....

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

looking for long — I'll be looking to scalp a long from here at some point.... my gpb/jpy shorts are all closed for now.... I am waiting for a break of the range that has developed (see mm's post above) and going to try to catch a few pips on ...

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

thanks bud — thanks quec... got it! i'm still your biggest fan! let me know when you finish that nostradamus book i'd like to read it too!

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