Touched my TP but did not activate. Damn spread got me.

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

my limit order activated while was watering my lawn out in my back yard, enjoying life. Cruise control. Easy money and stress free.

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

I hope I did not get too greedy on the TP

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

Here is how you scalp... sell order at 146.43 testing TP at 146.18. Will she make it?

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

I dont know firestar. What or who is it?

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

You made me laugh

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

Think outside the box. Most systems, like Auslanco's for example, work better in some conditions, than they do in other situations. If your system is good, but it is facing conditions that are not favorable for it to produce adaquetely, Switch ...

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

Yeah. Risk Aversion would be bearish indeed.

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

If the market order is placed in the middle of a range then it is subject to drawdown while the currency pair is resolving her range. Trades go both ways within a tighter range, and tests support and resistance. So you enter and the trade goes the ...

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

If you use a market order entry, you need to expect more drawdown than a well placed limit order would experience, most of the time.

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

Head fakes and false breaks are common in the Geppy. She can be a bitch, but ya gotta love her.

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

You da man, Malcomb

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

Price is sitting on triple sma support on this hourly chart. Needs a trigger to break it.

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

We will soon see how it plays out.

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

I see it

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

Look at this nice range set up on the 5 min chart respecting the wedge.

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

I am enjoying cooking my pecan pies for tomorrow, and enjoying life. i will be around until it's this old man's bedtime.

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

I cannot tell you where to put your stop loss. In my style of teaching I make the student make his own decisions and live by the consequences of his actions.

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

Tutorial is finished now. I hope it helped someone.

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

If the range holds it will be a good trade. If the range does not and you get stopped out, it was still a good trade. Losses are a part of Forex. Limit them to acceptable sizes.

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