which is better, short G/U or G/J? — Given the strength of the USD, would it be better to short G/U rather than G/J? Any comments? Thanks!

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

So it took 10 months for me to loss 30% of my account. To lost all my account it should take other 23 months. So 23 months to go for me to become a good trader.

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

Excellent analysis. How long do you think it will take for a person like me to reach your level? I have traded 10 months and lost 30% of my money. My subject is not anything like finance/economics/business but physics.

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

very insightful.

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

You mean USD is strong, JPY is even stronger? My long of G/J would be dangerous.

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

USD was really bullish on last Friday. The new low 1.8504 is even lower than previous Friday's 1.8511. I am afraid GU's going to its next support 1.83.

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

Yes, US is in deep trouble, but its GDP still grew by +1.9%, while Germany contracted 0.5%, France -0.3%, and UK stagnated. By the way, I went long EU @1.4796.

Jacko's Forex House of Pleasure and Pain

I really hope it will not another opportunity for us to lose another 50 or 100 pips.

Jacko's Forex House of Pleasure and Pain

Warren Buffett lost $1.2b in forex market.

Jacko's Forex House of Pleasure and Pain

I sold both EURCHF and USDCHF, all were stopped out with a loss.

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

I planned to trade gbp/aud last week, but found my broker doesn't have it.

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

because GU has a solid support @ 1.85 while UJ has a solid suport @ 108.50. GJ itself has a support @203, or 199.** at most.

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

some serious thoughts about GJ — I think it might be very difficult for GJ to fall below sub 200 in near future (by the end of next week?). G/U is very close to a strong suppport 1.85-1.86, while UJ has a strong support at 108.5. 1.85x108.5 is ...

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

what's the SL of your shorts? Thanks!

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

I am frustrated. I used a big TSL at 205.10. Half of my profits from shorting are lost.

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

Very likely we'll see today's S3, i.e. 202.32.

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

Very well said! Can I copy this to my forex blog?

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

204.20, 50% Fibo from 192.53 to 215.87 might be a support.

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

?? Why it's too late? The buy price bottomed at 163.41. Missed by 1 pip.

Daily EUR/JPY analysis