Technically this pair is playing out beautifully ( You just have to have the right MA's) I have called last two bottoms and gave the next top . These are my actual trades The Yen is gaining strength because traders are letting go of their longs to ...

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

I do not post calls I trade one way on this pair... Long I do not try to short this pair All I am saying looking at my setup this has the potential for 239 b4 it hits 245 and at 239 it will be a nice bounce to that area

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

And where is 237 from not me. Next MAJOR move from 245 will be down into 235's or lower and may be the one that bounces to the moon. This may happen next week or 3 weeks I have no idea but like I said there will be a lot of noise in the meantime

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

I'm looking for upside target before big move down. Potentially 239 is possible before next major push up. remember from yesterday I do not scalp the market I get in set SL and TP and there it sits until it hits. There will be alot of noise on the ...

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

Nice call This bounce should bring us to 244.50-245 minimum

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

This is dropping on GBP weakness across the board

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

Expand your lower windows so your indicators have some room to breath..You'll see a big difference

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

Watch usdjpy if it breaks 118 The next stop for this pair will 238.80 area

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

Are you running other programs besides

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

A break of 240.88 has potential upside to 241.62

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

Congrats for noticing my avatar That was me in the early days of trading hanging on every tick agonizing with every tick I couldn't take it anymore.... No but seriously I now trade off a 4hr and D chart entry fine tuned to the 1HR set TP and SL and ...

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

[quote=mudskipper;1518392] What is this ?? I am not familiar with this term

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

Ask yourself why do you set a stop loss. I set a stoploss on every trade except GBPJPY long. If that stoploss gets hit so be it that means that I got in at the wrong price and probably missed something in the charts. I'm not a fundamental trader it ...

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

Yes long term but not presently they will be content to let this thing fall to where it may and then blast off, If they cared at all they would raise their rates but that isn't going to happen until at least Nov (that's when the next sell off will ...

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

Do you think they really care??

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

So what are you protecting your loss??

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

There is a lot of downward pressure. I'm Looking for 237.89ish -237.42 at least bounce if not bottom. if falls thru there then 235-234.50 for a run to the ultimate top of 300 yes 300 and then the big fall but that's down the road. Will it get there ...

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

I wouldn't count on it Still Plenty of downside If you are long pay attention or pay MR YEN

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

This pair moves like the wind. If you get caught going short and it bounces there is no guarantee that it will come back and bail you out..However if you are long and it plunges do not get excited it will come back and you will be profitable...There ...

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

If you are not overleveraged and you can stomach the drawdown you will be profitable. You should NEVER take a loss on GY long

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