auslanco: I have both a demo and live oanda account. Is it possible for me to get in on your FXManager proposition? Thanks

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

GBP went down after the negative results on US house sales. It has often been my observation that when the unexpected happens, as it did in this situation, the succeeding hour will go as originally expected. If this turns out to be so, we could see ...

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

It speaks for itself.

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

Plummeting in the first 5 minutes with a -6.5 decrease result. Will see how this plays out.

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

59fender: What did you use as a signal to short? Narrow ranging doesn't really give direction.

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

Zoran: I haven't been around long enough to see this kind of reverse psychology in trading. I assume that the next few minutes - hour will see the GBP and Euro go up again. But don't know. I do know, though, that I shall never again trade the news.

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

Yes it is terrible. Not sure who the most reliable broker is. Should have another look at the broker forum here. I guess there are pros and cons with all.

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

charts still look bullish my final tgt still remains at 234.60 for the 1/4 postion ive still got left in (daily 50ema is at 234.80ish)[/quote] Hakunka: You should get good support after the US news breaks in a couple of hours

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

Possibly some may not have got in on the long move today because they did not wish to trade during the wild swings that come with news' results. In that case, they may have been waiting for the reversal most of the day. That being so, the wait that ...

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

markham: you may wish to read Newstrader's observations and followup commentary here regarding this result on the GBP/JPY.

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

USD National Home Price Index image 198.4 down from 199.2

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

WORTHY OF CONSIDERATION: Home Prices/Existing Home Sales And The Markets Background From The August 28 release: "The S&P/Case-Shiller U.S. National Home Price Index Posts a Record Annual Decline in the 2nd Quarter of 2007''. “The pullback in the ...

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

Expect a short after Euro news in approximately 10 minutes. I do believe, because of expected negative US news later today, that both the euro and pound will see longs. Time will tell

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

karmostaji Probably a little too early.

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

Don't see anything that will light a spark under this pair today.

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

lilmoe: Can you post a chart? Thanks

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

Most pairs are ranging, including this one. As such it is difficult to make a reliable call. Not sure if that is indicative of what the remainder of the day will be.

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

auslanco: In retrospect, can you see where you went wrong on this trade? Or do you analyze your losses?

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

248.50 is a long long way off - more than 200 pips. I assume you mean 228.50

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