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karmostaji replied Aug 10, 2007Hi 251.07 Low 221.05 My SL is usually large, I don't know if you guys can handle it.. 240.20
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007just to be safe 0260, but i'm watching the pair carefully
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007I have enough cushin and I risk 1% per trade, no problemo

Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007first TP 236.00 then I'll have to watch, might go lower or might bounce off that fibo
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007Ok, now I'm going to get myself something to drink and watch.. it might retrace more but I wont short again, I've got enough positions on short at the moment
Patience kicks in now.. 
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007I shorted just now again @ 237.69 , 1H 5SMA
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007yes, it's 50.0% fibo level on daily chart
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007some brokers do that in order to hit stop-losses
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007only you once price retraces back to 5SMA on 1h, i'll short again
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007why 235.50? can you enlighten me please, ty
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007I shorted GU also @ 2.0182 TP 2.0000 trade at your own risk!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007it depends on how strong the downward move is, sometimes it retraces to 15 5sma, sometimes it goes up till the 1h or 4h 5sma, you will learn it as you trade more, experience looks like my 4h candle will close below the low we have had for the past 2 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007UJ breaking trendline, if 1h closes below the trendline, we will see more downward.. patience
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007I shorted again at the retrace to 30m 5SMA becareful
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 10, 2007I'm really mad at GJ, i'm gonna cut her throat today (I hope she doesn't cut mine LOL) first TP 236.10
Auslanco - GBP/JPY and GBP/USD (newstrade)