nope. buy the rumor sell the fact. G8 impact on the currencies has had little effect over the years. Their communique wont mention currencies, except the usual. There wont be anything new that has not been said before.

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

For newbies only: Trading indicators will lose in the long run. Trade price action, with fibs, and moving averages. Study candlestick patterns, learn to recognize them, and interpret what your chart is telling you. Watch the price action in relation ...

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

yeah, it was my darkside that got me for minute.

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

I could say something crude, but i will hold my tongue. hehehehehhe

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

How about a spritual thought for this week. James chapter 1 If any of you lack wisdom, let him ask of God, that giveth to all men liberally, and upbraideth not; and it shall be given him. 6 But let him ask in faith, nothing wavering. For he that ...

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

I am listening to my favorite song as I watch the gbp/usd and eur/usd. video someone had posted it a while back. Somehow it fits the mood today.

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

exactly

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

you still da man Q. I missed your posts...I always pay attention when you post.

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

buy this pair, it's going up! Nope, I changed my mind, sell that pair, it going down, i guarantee it. oops i made a wrong trade. buy it now for sure! Oops never mind that call, i was mistaken. I want to rule Aus's thread. I am the big kahuna here ...

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

money is flowing into the 2 year treasuries today.

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

Short covering your long term positions is a good method to make pips and protect profits. I do it when i see a retrace coming on a long term position.

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

yeah. As long he limits his risk and losses, he should be fine.

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

Gene 22 gets it. I pay attention to his posts.

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

It's all good lilmoe. Peace!

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

My IBFX broker charges 9 pips per geppy trade usually, not counting the news time spreads. If i made 20 geppy trades this week then I paid my broker 9 pips times 20. Do the math.

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

Successful trading is boring, but gambling is exciting. Try to figure how much spread you have paid your broker this week. How many trades have you made this week?

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

i would rather make 3 or 4 trades a week to get 400 to 500 pips gain, rather than paying my broker the spread with 50 trades a week for the same gain. Brokers love short time frame traders.

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

that is the difference between your trading style and mine. You have posted sometimes long and sometimes short all week. I have posted one consistent theme all week. Your trading style is short term which is ok for you, mine is a longer term lower ...

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

I agree. That is why my sell order for geppy is sitting just below 209. I will catch a falling knife on the correct side of any bail out. Not wasting my time and paying negative swap trying to short geppy yet.

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

and today is friday. We will soon see if Frankfurt and London will continue holding their positions, or close them out for the weekend.

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