thanks MM! — this is awesome MM! thank you! i saw a similar strategy on another thread I'll put it here for anyone else besides me trying to develop a way of trading swings like great traders like MM....(post 869 on indicator free trading ...

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

your target — can you share your target and why it is there and what your timeframe for that target is (you seem to be in a long term position) and what kind of drawdown you are willing to accept? a chart perhaps? long term i think it goes ...

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

doubt it IMO — ok i'm open to your analysis.... personally my analysis at the moment says you are dead wrong on that...but convince me....show us a chart so we can learn your thought process..... traders disagaree very often.... this thread is ...

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

u guys lol — hey all take heed of what mike w just wrote...he is a great trader.... and a great guy....very patient and helpful to new people (ask him questions) learn from him and other great traders here.... heres the deal right now.... ...

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

good stuff! — great chart... do you have a harmonic apttern indicator or learning pdf or learning thread? also, what happens if the uptrace is rejected at 38 fib rather than the 50 fib? does the pattern still hold true or must we wait for ...

Cable Update (GBPUSD)

nah — i would get too excited bout that.... indicaotrs lag... check the 1 hour chart.... mtf stochs etc flattening out now... we just ran inot a monor upper tl if i was going to scalp a few pips (which i dont and dont recommend) i would go ...

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

usd cad trade — on your usd/cad trade i noticed that the fib was penetrated but not broken.... this is significant.... in my observations, IMO.... in this situation you may want to consider waiting for price to actually break (wait for next ...

Indicator Free Trading - Skunny

closer look — by a full retrace let me clarify that i mean the 61.8 fib at the red dotted line (resistance)

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

hey quecee — looking at ej... waiting to see if it will establish a true retrace or not.... based on fibs i'm not sure retracing is over yet.... its such a slow market so far this session i am staying on sidelines on all for now..... i think ...

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

indicator — do you mind posting your fib tool?

Indicator Free Trading - Skunny

forexnovice — forexnovice you are one of the best and consistent traders on this site and that i know.... dont think i didnt notice! I would love for you to post more often.... your chart last week with the down channel was a great eye opener ...

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

nice chart — nice chart! i think we all agree on the overall downtrend.... its just a matter of how we get down further.... forex pairs like to recoil (retrace) so they can gather steam to get back on their merry way to where they are ...

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

great! — thanks but you are better as are karmo quecee forexnovice mike w roycroy fx petra etc etc (you all know who you are) that i learned and learn from by hanging out in here ..... One of my goals this year is to hold some positions and ...

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

oops here is chart — chart

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

Its Just My Humble Opinion — MY PLEASURE..... here is what i see right now.... we have made a td seq 13 on the 1 hour ...for me this is the first sign of a possible retrace to the upside...it is NOT a singal and by no means tradeable but it is ...

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

y not re-enter? — personally i try to "swing trade" and go up or down and catch a piece of retraces as well as trends...so i took profits already a while back..... i personally would not want to ride out 196 pip DRAWdown retrace...matter of ...

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

not a bad thought — thats not a bad thought..... i think we may be in for ranging for a while until european market opens.... right now we are just drifitng so i dont think there is much risk to taking a small postion with a tight stop loss if ...

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

40 for charity — aus has set a donation price of only 40 bucks a month that is donated to red cross

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

thanks aus! — thank you aus! love when you check in! to all those unfamiliar here is a link to aus site.... Daily Forex Analysis to any new people remember aus said that we only expect that short upon price being REJECTED at the trendline.... ...

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

thanks! — thanks! good stuff from you as usual! Is this a daily chart? and is that qqe? sotchs, and are they multiple time frame configured???? (just curious)

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