have you tried visting babypips.com? they explain everything

A few noob questions

Fibo Group MT4 broker, the price opened with a 100 points below the closing!!!

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

If the market opens with a gap below, I will close my shorts and re-enter at retracement to 5SMA

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

The problem is the trader and his psychology

trading systems vs account size

Daily chart: Fibonacci Retracement Levels (1.9622 to 2.0652) & (2.0652 to 2.0181) 2 daily Trendlines drawnThe last daily candle has a long wick above it, but it is still considered a bullish candle. it breached the 23.6 fibo and the other 50.0 fibo, ...

Cable Update (GBPUSD)

Excellent post ovidiu, your fibo levels and TL's are spot on. don't think too much, trading should be simple and stupid , the more we trade the more we learn.. so keep trading

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

It depends on the trend, if we are in a downtrend and the candle goes through the fibo line and then close above the fibo, it tells me that this fibo might hold for a while, or we might go and test the resistance above, or we might have a reversal ...

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

Lately, DOW has been influencing GBP/JPY

GPB corralated to S&P WHY!?!?!?!

GU will be heading south, I'll post charts later

Cable Update (GBPUSD)

teekee, I tried to reply to your PM, but it says you have disabled receiving PMs.

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

Ofcourse everything is possible, honestly I have no clues about pivots.. I've never used them nor know how to plot them or work with them but I've seen you doing pretty good with them, keep up the great work

USD/JPY Discussion

I'm glad you are okay and back with us auslanco, I hope you are feeling better and stronger bro.. take care of yourself and don't put a lot of stress on yourself To the rest of my friends here - you are most welcome and it's my pleasure to teach ...

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

Daily chart: Fibonacci retracement levels (115.18 to 124.12) & (124.12 to 117.58)Daily candle closed below 61.8% fibo and a weekly Trendline on my chart, next targets are 117.56 and 116.60 image

USD/JPY Discussion

Ofcourse it might act as support, it has supported several times before and it also went through it once when it reached 237.58, you shouldn't just rely on fibo's.. it depends also on the candlestick formation pattern (mainly 4H and daily) Price ...

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

I'm going to post 3 charts that I trade with and explain what I see on each TF Daily: Fibonacci Retracement levels (221.05 to 251.07) 5 Trendlines drawn (2 are weekly, 3 daily)As you can see in the chart, we are in a nice triangle.. the last candle ...

Daily GBP/JPY analysis

Trading should be simple, I feel lost now lol

GBP behavior 99.998 %

1H chart: Fibonacci Retracement levels (237.58 to 243.11)After reaching 243.11, we got stuck in a boring range for hours, then price penetrated the 23.6% fibo but it came up again, the second attempt it took out the 23.6 and 38.2 fibo, then the ...

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

4H chart: Fibonacci Retracement levels (251.07 to 237.58)You can see on the chart the price touched the 38.2% fibo level twice and fell, it couldn't break it. It's very close to it's 23.6% fibo (240.70), it will be easy to break as you see price has ...

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

I'm going to post 3 charts that I trade with and explain what I see on each TF Daily: Fibonacci Retracement levels (221.05 to 251.07) 5 Trendlines drawn (2 are weekly, 3 daily)As you can see in the chart, we are in a nice triangle.. the last candle ...

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