I have a hell of short trades open at the 157 area, and I'm confused what to do, close them? or keep them and go long? or keep them as they are and wait for my target 154.45? any advise please?

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

The strong support of GU at 1.6221 if not clearly broken, it might affects GJ to start falling, this strong support when clearly broken will drive GJ down smoothly, GU last 1 hr and 5hrs failed to close below this strong support

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

Good, 1hr, 4hr both closed below S1 and below today's previous low 156.3, hope it works well

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

Today's S1 is 156.29, low of the day is 156.30, so we didn't break it or touch it yet, failure of breaking this level today will send the prices for a limited upside to test initial resistance at 157.37, if broken then it will try to test next ...

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

noone will ask you to disapear

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

I'm not a master, and eventhough I cannot be the only one talking, the purpose of this forum is for sharing and contributing, well I hope it becomes alive again, the same thing happened to another big thread here where all masters left it, and only ...

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

This thread is dead, usually when there is big news and when there is high volatility, we find this thread loaded with too many members, but what I can see now is high volatility and low contribution, all masters have disapeared, you rarely find ...

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

Now I'll keep watching, and I won't open any short trade utill a clear break of yesterday's low

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

By any mean, how this pair had some good figures in the last news, and that it falls this way

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

I guess prices will fall to 157.9 - 158 then it will go up again to 160, I might be wrong

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

What is kicking the prices this way?

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

Today seems to be a take loss and a stop profit day with this ugly PA

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

I closed my sell orders one @159.55 with profit and the one @158.75 @ BE, very ugly PA

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

Why GJ is moving up quickly this way, it wasn't just going up only but it was so quick

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

Well I did well this week, covered the loss of last Friday, or better to say the loss of last week, as I lost all the profit I made last week on Friday as it went against me and I was overleveraging. Yesterday and today I did well, although I had a ...

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

I guess if we reached asia low of yesterday so 90% we will reach my extended target, noone to follow, I might be wrong, but I'll trade it this way

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

What is your target malcolmb, mine is 156.7 extension 154.45

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

Closed the long trade with -50 loss, and still I have 1 lot short trade @ 159.55, and opened another one @ 158.75, will close one @ 156.7 if reached, and the other will close it if broken @ 154.45 (if reached as well) both with SL @ 159.55, hope it ...

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

I even went hedging long trade @ 158.93 TP 161.17

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