Weird PA — I dont know, I'm still a noob, but this PA looks weird. In my very humble noobie opinion (and could therefore be very wrong) I´m thinking it should probably fall, or at least range for a while before continuing to go up. It just ...

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

There's been a lot of movement during the Asian session, and a nice bounce off the 1H 50 ema. I wonder where the Beast is going to go once London opens. It seems to be having some trouble breaking 147.50, close to where it bounced around 11 hours ...

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

I took profit at 147.00. I had two different short positions and both were in negative pips for like 4 hours and almost hit my SL which was at 149.50. So I closed one out with -15 pips (Im still a newbie, only been trading live for 3 months, so ...

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

how far up do you think this second wave is going to go....back up to 150.00 or not that high?

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

Does anyone see a retracement happening anytime soon? price just crossed the 1H 50 ema in my chart. Think it might retrace or maybe range for a while before continuing its journey south?

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

I've always wondered where senior members set their SL.....if you were to go long at the break of 142.80: 1. What would you consider a break? (price reaching 142.90 or 143.00?) 2. Where would you set your Stop Loss? I already lost 50 pips today, ...

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

funny thing — Hey, how's it going...guess what just happened to me....it's unbelievable....I setup a trade, short at 138.80, when I was at +40 just 4 min after opening the trade I minimized the chart to look at my equity and....big ...

GBP/JPY London Open trades

I know what you mean, in my case I missed my TP by 3 pips, but I closed it at +38. I have a question....do you try to figure out which way the price is going or do you just trade what you see in your charts? What I mean is, right before London ...

GBP/JPY London Open trades

Do you think a double top could be forming on the 1H chart?

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

....I find it better to laugh at my mistakes (and learn from them of course) than to beat myself up as I used to do a couple of weeks ago. I think I'm trying to mix up too many components. I didn't use the breakout strategy because I drew up a ...

GBP/JPY London Open trades

I use SL also. I set my first one at -80 pips with an entry order at 134.00 to go short, my SL was right above the 1H 50 EMA. The trade opened while I was driving to work, when I turned on the computer here it was already at -70 pips. The problem is ...

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

Hello! it's been a couple of days since I last visited your thread, had been busy with that descending channel. Let me sing you a little song...hmmmmm (clearing my throat)...."please don't go.....don't gooooooo!...there's something I need you to ...

GBP/JPY London Open trades

I lost 120 pips today...it sucks how it only takes about 2 hours to lose what took me 4 days to gain....I'm still struggling to achieve consistency and I'm not going to quit. I still let my emotions get the best of me, I thought I had surpassed that.

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

How far up do you see the retracement going? It's almost at 134.00 now. Is it a nice short entry point? Edit: what a beauty, entered short at 134,00 and am now at +40, moved SL to BE +3 and TP is set at 133.00. Now it's time for breakfast before ...

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

So what happens now that the channel has been broken? Would you still set your Stop Loss above the upper line of the channel if going short?

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

Do you guys think it will continue to fall? If so, what would you consider a good entry point? I was thinking 134.00, but i dont think we're goning to get there.

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

sucks — Man this sucks, I sold at 135.00 about 4 hours ago and when I was at +60 moved the SL to +20 which was eventually hit right before this drop began, my TP was at 134.00. That shows I'm still a noob. Now it's time to sleep as I have to ...

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

Noobie question — Hi guys, I just have a couple of questions since I can't seem to find the answers when reading through this thread... What does ES and EW stand for? and what is their correlation to G/J? One final question...how long do you ...

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

question on your entries — Hello, Morning pips are beautiful, aren't they? I just have a question on your entries. Do you enter right at the break of the last high/low or wait for it to break by a certain amount of pips (I guess momentum ...

GBP/JPY London Open trades

So I have finally almost recovered what I had lost. I had a losing trade of 8 pips and two winners, one with +35 and the other with +50. Morning pips are just lovely! I'm still trying to develop consistency.

GBP/JPY "tunnel" and MM system