If she breaks through 193, Stop losses are going to be hit like mad and she will take off IMHO. B

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

You're not alone I spent my time trying to short the "top" and here I am again in DD instead of just riding the green pips wave. History needs to stop repeating itself for me. B

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

Malcolm, I have to admit that I am intrigued by your system. Times like today would have been nice to play the market. Would you be willing to start a thread explaining your method? I have questions that I would like to ask but hold back as this ...

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

With all the data coming out tomorrow in the US and the CHOT (good one Malcolm ), I am closing my position. I want to sleep well tonight ;-) B

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

It always suprises me how the market moves. For example, Lehman is saying "Yes, we have lost millions upon millions....but....it's less than you think". The market hears there is a buyer and boom! 100+ points in the DOW in minutues. I know this is a ...

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

Anybody know the reason for the spike? I can't find the reason. BMVMX, Options are not free. There is still a premium to pay. B

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

That is actually a brilliant idea. My target is 180 as well. With your method, I would be able to play both sides and earn swap. hmm...something to think about. B

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

NP...Good luck. I thought you were using the moons and planets to trade? B

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

With breaking the low, I can't see how it could be any other way. I've been wrong more than once though. B

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

Would you be able to post a chart? I have never used the ADX. Always looking to learn.... B

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

Are you in the Bull camp? B

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

Thanks for pointing that out. My charts don't show spikes.

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

I have to agree. The foundation of this thread isnt even based on 1m scalping. It adds no value to me to hear you BE, made 20 pips, should have went +1, etc. Now, if you said I see a nice opportunity brewing and posted a chart to show us, I think ...

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

You have a good point and I may have added a short too early. Here are the 2 possible scenerios i see.

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

I may be able to go shopping for a Ford Focus! I am far from a Bimmer or Lambo based on the tons of money I lost when I first started trading. I was too eager! B

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

Just my 2 pips. I use the 30M 5sma as I found I usually get in at a better price on the retracement. For example, I added a small short at 186.50 whereas using the 15M, I would have added at 186.30 (or so). The downside is that it doesnt always ...

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

WOOHOO!! Time to post the Crapper? B

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

Can you elaborate? I only see it nearing 50% fib but that's about it. B

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

Karmo, What's your take? I'm still bearish but see some major support at 180. IF...and only if we hit that, i will sit out until I have confirmation of going long. B

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

Me thinks E/J is setup for a short right now. Just my 2 pips B

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