From your chart I see it is most likely Oanda 3 hour chart. You are using an EMA 3 and 4 crossover along with the momentum and vma indicators. Your MACD is below the histogram but crossed up. Showing divergence. Your last candle was bullish ...

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

Closing a winning trade too early is one of the newbies' biggest mistakes...

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

I know what your chart tells me.... I am waiting for you to analyze it for us. What you post will say a lot about your skills.

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

Excellent advice. Then take partial profit and trail that stop loss....

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

If that happens, then your entry was weak.... The entry should most likely have been where your stop loss was sitting.

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

ok, you posted a chart... Now analyze it and we will tell you what we see....

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

i agree.

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

Nothing you have posted has contained any value to the Newbies on this thread who are here to learn chart analysis from seasoned traders.

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

Cable bears are beginning to take some profits off the table and covering their short positions for a retrace up to the weekly 5 sma area @ 1.5450 area.

Cable Update (GBPUSD)

This weekly chart shows a possible reversal candle formation, not yet confirmed....

Cable Update (GBPUSD)

This daily flag pattern is taking a very long time to play out. The price has failed again at the top of the range and appears to be retesting the lower end of the range. A bear market rally in equities and commodities would send this pair down ...

EUR/AUD

Nobody really cares what a new member with 94 posts has to say.... Post a chart with analysis, or stop trolling this thread.

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

it is a risk to take citi, but the upside would be very large if there is a bail out for them. If you decide to buy this stock use only risk capital and an exit strategy.

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

Study the size of the wicks of all candles of the shorter time frames to find the buying interest and the selling pressure. The charts will tell you where it is. Dont trade against the market, and forget your opinions and bias' this week. Watch ...

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

Nice analysis... There is certainly a lot of wood to chop to the upside. Stop losses of any late short entries can cause large impulsive surges that retrace a lot.

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

XE.com is showing 142.70 for what that is worth..

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

If Obama delays the tax cut roll back, it should be extremely bullish news for the equities.

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

WASHINGTON, Nov 23 (Reuters) - U.S. President-elect Barack Obama may consider delaying an election promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday.

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

I exited all my positions just before my broker closed on Friday. Decided to book profits ahead of thanksgiving week. Low volumes will mean exagerated moves.

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

Notice on this 5 min chart how the aqua colored 100 sma is bending slightly upwards. We have triple sma support here, with the red 200 sma and the green 22 sma, as well as a previous swing low at 141.29 area.

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