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karmostaji replied Aug 6, 2007My bad, I meant 239.95 area
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 6, 2007That's correct it might retrace to 240.95 area before resuming it's downtrend
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 6, 2007yup, i'm with you about the 300 pips today, my tp is 236.00 I really want to thank you auslanco, you've given me the inspiration to become a much better trader than I was before, Thank you

Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 6, 2007both will line up together in 1hr 40 mins patience everyone, it pays off believe me
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 6, 2007TP reached, easy 44 pips waiting for 1hr candle to close, might enter another short
Cable Update (GBPUSD)
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karmostaji replied Aug 6, 2007I just got home from university and I see I missed the first short entry, no problemo.. I'm waiting for it to retrace to 1H 5SMA and i'm entering short
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 6, 2007Ranging indeed, this retracement might even take a day or maybe not if we have bad GBP news later today
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007It's a weekly trendline, strong one
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007Marketiva but US residents can't use this broker, only non-US
Brokers allowing Hedge
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karmostaji replied Aug 5, 2007Last week, we anticipated 239.60-70 to be good support levels since 2 fibo's overlapping and it was one of our targets for shorts, since today we have opened below these fibo's, they are being a tough resistance to crack now, if this holds strongly ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007My bad, you're right, I think I mixed up.. apologies
Daily GBP/JPY analysis
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karmostaji replied Aug 5, 2007It might retrace to 241.30-40 which are the 5SMA on 1h and 4h I've closed my short positions, I'll wait for the retrace to happen and then short again My previous targets were all reached with the help of the gap

Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007Last time you said long, it did a bit n fell like a rock, whats your prediction based on now? other than filling the gap
Daily GBP/JPY analysis
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karmostaji replied Aug 5, 2007I think retracement will start from the next hour
Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007I closed my short for +205 pips I'll wait and see how the market reacts and then take action, price has reached my 3rd target, 239.60

Auslanco - GBP/JPY and GBP/USD (newstrade)
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karmostaji replied Aug 5, 2007Yup ofcourse but the gap is huge, it will fill before resuming downwards
Auslanco - GBP/JPY and GBP/USD (newstrade)