I would fully expect to see 195.90 being filled for your position. If nothing else, we should see a retracement from this last 90 pip move upwards for a solid 35 or so pips.

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

Am I correct in thinking this is a shorter term position? Thanks in advance Malcolm.

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

203 is the resistance area I've been keeping my eye on as price has stalled and reversed there quite a few times.

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

We have an IB on the daily, an indecisive 4 hour chart (with mixed pins for the last two bars), and the one hour closed as a bullish engulfment at 6 o clock. The last 4 hour close on metatrader however is, IMO, trumping the last bearish 4 hour close ...

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

Hey Malcolm, I'm looking at the same scenario as yesterday. We got a reversal as a bullish pin on the eight hour followed by the confirmation bar. After that, this last move down was the retracement and so we'll see if she can break 197 this time or ...

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

Experience will eventually carry you. Without experience, you won't know what to do when certain situations come about.

Beginner VS Type of Trader

It's not about all the other people although that is a nice thought. It's only about if YOU think it's useful. If it's helpful to your trading, then go about making it. If you find that it becomes detrimental, then scratch it. Truth be told, nobody ...

Why start a trading journal?

That's still a damn nice profit for the day my friend. Excellent work on that.

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

It's cool man, no need to apologize! Hopefully I'll hear from everyone tomorrow morning for another round of big dogs. In the meantime, I'm just studying a bit and waiting for the dailies to come round.

7am-9am Big Dog USD Breakout Strategy

Hi Peter, I got in on the long setup previously to the short. The short did work out perfectly actually. The long however, did not. Have a great day and good trading man!

7am-9am Big Dog USD Breakout Strategy

Let me answer you Wacky Guy, Here is the Technical reason why it will reach 200 and above in the coming weeks. Now , I do not know how long you have been trading Forex. But Let me remind you something, You do not need the support of the fundamentals ...

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

The gbp/chf just closed for a loss of 54 pips as well. Oh boy lol My decisions were off today it seems.

MW's trading journal

The eur/gbp order got stopped out for a loss of 22 pips. The others are still running and I've just added a long to the gbp/jpy again at 196.25 to compliment the others. The 8 hour bar closed as a bullish formation for me which is my reasoning for ...

MW's trading journal

I like her hat thingy, it looks like a diaper. Nice touch!

EURUSD

That one definitely didn't work out lol 15 minute closed as a bearish pin right after I entered. I closed out on that, it seems that I still have a good bit to learn with this method. Still waiting on the gbp/usd and eur/usd for today. Have a good ...

7am-9am Big Dog USD Breakout Strategy

Aussie just triggered long and retraced back in. Depending on your risk assessment, this could be a good opportunity.

7am-9am Big Dog USD Breakout Strategy

These trades all stopped out in profit as the last one moved back up to +10 when we didn't see any lower on the pair. No more long orders were set besides the ones previously in, same goes with e/j. Nothing was triggered for me on the aud/usd ...

MW's trading journal

So far 2 take profit areas have been triggered and I am waiting on the last before making any more trades.

MW's trading journal

Based on my 2 hour charts, I'll be shorting the gbp/jpy for the moment towards the area that I talked about in a previous post. Initial targets are at 195.20, 195, and then in the 194's if we get there. As soon as I am in comfortable profit, I will ...

MW's trading journal

I'm looking at the same scenario on the aud/usd although I haven't taken a trade on this pair yet. As you can see on the weekly chart, we have a BUOVB/pin bar in effect which will be potentially pushing price up through the week ahead. An area of ...

MW's trading journal