I'm long again @ 232.39. Technicals still have a bullish 15 min stragtegy. Fundamentals have a favorable Dow. Hopefuls see things turning out well! I watched "The Secret" the other day, and it lends solid support to the hopefuls. We'll see just how ...

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

So, a third type of trader. Now we have technical, fundamental, and hopeful! Ron image

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

I sure hope you're right. I'd love to see a bull run to 237 or above. For now I'm long at 231.19 with a TP at 232.45. SL at 230.55 in case there's a 4H retrace before TP. Let's get out of the current retrace and make some pips! Ron image

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

Cool! Got my losses back! image

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

Or those QQE indicators of yours that act like divining rods.

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

Well the sausage may have hit the tube. But my SL wasn't triggered, and I should be able to close things up during this retrace without much damage. Now I suppose price will go back to 230 or thereabouts, and range around for a few hours. It just ...

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

Let's hope not. But we might need good stop losses until London opens.

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

Nice entry position!

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

I'm long @ 230.61. The multiple reasons have been covered by others already. Good luck everybody! Ron

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

What's your reasoning for 231.09? Thanks, Ron

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

It's nice to see some downward price movement again. Hopefully this is where patience pays off. But this price area has been a comfort zone for the past three days. A jumping off point for testing support and resistance. Then it returns and loiters ...

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

Short @230.01

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

They don't have the power to actually shut firms down. But they can expose their financial weakness and kick them out of NFA, which basically spells their doom. Here's a link that might be helpful: url

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

In my opinion there is definitely risk involved, and this is no sure thing. Nobody knows for sure when price will reach daily 5SMA again. I'm using a pretty tight stop loss, and if things start looking ominous I'll close the position in an instant. ...

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

I closed out my long at 229.92 awhile ago, because it seemed to have lost it's energy and wasn't going over 230 this session. Now I've bought a lot at 229.78 and will let it ride for awhile. Not sure if Frankie will send it soaring, but London ...

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

Really 233? Or just 230?

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

That sounds even better. image

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

The 1H QQE came very close to crossing over bullish at the last 1H close. If price hadn't started heading south four minutes before the close, I think we would have had both the 15 min alarms, and a 1H QQE cross over. That would have been enough for ...

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

I'd like to do three things today. 1) Buy the beer. 2) Offer congratulations and thanks to everyone. 2) Play "keep the pips", as I try to avoid any impulsive trades right now. Ron image

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