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Fudomyo replied Aug 18, 2010lol... I know. It's great! Not swing trading this. Keeping my goals tight to nearest SR. If we test DPP again and bounce, will reload. Check out the candle on the hourly... omg

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 18, 2010so far the bottom held. 20 pips off target, but close enough. (price went for the cluster support area slightly above) If we stay above the ltl on the 4H close, longs in play. Same topside goal 15700 that I posted last week for a break north, and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 16, 2010cat and mouse. if sterling takes the dive, it will drop deep. 15475 is ultimate support and correlates with the levels I posted earlier as the break out area. but bearish momentum could be slowing, 4H rounding bottom not out of the question either. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 16, 2010currently price is contined at the 23.6% retrace. we're still at a cross roads atm. on the extended 4H chart we had a candle body cross of the Dynamic Balance Point based on a 4 week average for the first time since June 11 at 5534. (red line) so ...
Cable Update (GBPUSD)
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Fudomyo replied Aug 16, 2010
here's another view with possible scenario. I put the key break area at 15700 because it was last strong SR test, WPP, and R2. 15775 area is is next key resistance and R3 (which lines up with your rectangular box) it's doubtful we would ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 16, 2010agree. we had an interesting morning, but direction undecided atm. we had a candle body cross of the Dynamic Balance Point based on a 4 week average for the first time since June 11. (red line) so price is near the bottom of the bull run, but not ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 15, 2010enjoy your beauty sleep.
for anyone caught on the wrong side of that, you should talk with the broker. it looks like a feed problem so they should adjust the accounts later.Cable Update (GBPUSD)
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Fudomyo replied Aug 15, 2010lol... make that 5.
could be mt4 glitch, I'm not w/ fxcm, watching chart though. no spikes live charts w/ 3 of my brokers.Cable Update (GBPUSD)
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Fudomyo replied Aug 13, 2010I think he meant the 7 smoothed simple MA.
Which Moving Average do you prefer?
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Fudomyo replied Aug 12, 2010
trading GU atm, not trading GY today. 135 looks reasonable topside though as interim target. US retail numbers coming. can't imagine these being good.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010Hopefully he took half and set a hard stop. If we can punch through 132, the bottom comes off. but it's a strong supply area, so we may bounce off of it. (5220 giving way on the FTSE would speed things along) Posted the Daily chart with targets ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010lmao... BOJ, the whole Japanese government for that matter has gone soft. They haven't had a decent Governor since Hayami. is embarrassing. Glad to see someone here caught it, nicely done! Looks like I got out at just the right time... lol

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010closed manually here 134.55. GY probably has room to rise, but sticking to my trade plan (actually 5 pips shy of target TP 134.6) currently flat. final trade total +231. will look for next setup late Europe session. ....now I can go bike riding.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010updated chart — second TP target hit. 134.40 +80. trade total so far +136. going for a bike ride and letting the last lot run, moved SL up to 133.9. good luck with your trades everyone.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010I was wondering how you could go to sleep for London break out. I couldn't. (well, it's 4 in the afternoon here so I have no excuse)

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 12, 2010UJ, GU coming up against tough resistance areas. if we can break through, midterm upside target 134.6 would be reasonable. since this is currently a countertrade, is risky, so not setting and forgetting. Took some profit +56 at 134.16 , moved SL up, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 11, 2010hi Shamu, Cheers, but honestly I don't like speaking poorly of other traders. Hopefully he can grow up a bit. I agree, it would be great to just get on with the business at hand and discuss analysis. That's why we come here.
btw: one more ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 11, 2010current chart — GY is positioned to test the daily ltl which is a high confluence area. If we bounce we could test prior daily support 134.17, if we break out, some downside targets on the chart. FTSE is positioned to test the daily 200ema ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 11, 2010troll — you obviously haven't done your homework. concerning prior posts, if you spent any amount of time here on a consistent basis you would know gucc erases a lot of posts, including many bad calls. all you have to do is read the thread, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Fudomyo replied Aug 10, 2010ok, we got the touch on the channel utl. if price isn't contained at 15900, we challenge the top again.
Cable Update (GBPUSD)