Thanks Aus and I hope the VT demo will be back up soon. Btw, I am not sure what to make of the JPY news shortly, but technically I favour long for today.

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

Auslanco, any particular reason you stopped using your CMS live account? did you just get a better deal elsewhere, are doing interbank or do think CMS is not a good broker?

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

VTT works for me — It has been working fine for me and my live account since market open just over 1h ago.

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

observations — price bounced off @ 240.49 - I can see no fib there BUT it exactly hit Aus's TFT line! this forum and thread is great to learn stuff, but it can also be very distracting and stop you to trade only what you see and not what's ...

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

239.20 broken? — if yes, what's next? I got 240.16~

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

1h looking pretty bullish to me — I may stay out this late in the day and week, but on the 1h chart I see: - RSI close to 50 - Auslanco's SI bullish (though not >50) - TL down from yesterday's high broken and 2nd new candle opened above - ...

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

I am not sure what to do now. Is is safe to go short? or might it shoot back up from here or hitting previous low 237.62? Aus, have you reversed your position from your long to TP 240.20?

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

I closed my long @ b/e 238.50. Does not seem to be happening now. I rather wait for proper confirmation and potentially miss part of an upswing that losing 75 pips @ SL 237.75. But that's just me cautious after bad losses last week.

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

I'll wait for close of my 4h chart in 1/2h. If it closes as a bull pin I may go long. I guess I would want to see a bullish signal at least on the 1h.

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

I think what Auslanco has is sufficient equity and risking only 1-2% on each trade - then you can trade without fear and don't need any nerves of steel! (not that I follow that rule enough yet...)

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

Does this work on other pairs or GY only? — Hi Auslanco Are you using this system on other pairs also? If yes, have you found it wotk better or best with GY? Thanks!

Auslanco-GBP/JPY Strength Indicator strategy

divergence? — trader8686: with 700+ posts you should by now know what divergence is! otherwise you should do more studying rather than asking basic questions all day (sorry to be blunt) Seven: I know what divergence is but see it only on M15 ...

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

23% fib reached — we are now at the 1st fib up from the recent downmove (251 down to 237.60 this morning). let's see what happens here

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

Hedge! — I may not be the right person to give advice following my confession, but you should hedge since you can collect the interest and the GY's volatility is likely to bring price back to you not too far in the future. If you do though and ...

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

Thanks Markam — I know that revenge trading may blow my account out at this point in time; that's why I am forcing myself to stay out for now (although it hurts again to see GY falling fast now when I did consider to go back in ...

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

My worst day - warning to newbies on this thread! — Apologies in advance for an unproductive and rambling post, but I need to get my frustration, anger and despair of my chest and as most of you will appreciate have no one to talk to about FX ...

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

243.20 or higher still likely today? — I am wondering wether to close my long now as the up momentum seems to be weakening. Anyone else staying in?

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

[quote=karmostaji;1511602]If the 4h candle closes (24 mins to go) below 241.40, this beast might fall hard 4h chart timeframes vary from platform to platform. I also use 4h charts but my candle on VT still has 2.15h to go (and MT4 still has 1.15h ...

Daily GBP/JPY analysis

small long for ret — I think we have reached the bottom @ 243.50 and I am risking a small long (enter 243.80) for TP around 245.00-50

Daily GBP/JPY analysis

How far down? — Hi Auslanco and posse When I saw that momentum I moved my TP from the recommended 245.20 to 244.10. Auslanco: did your trade get closed or did you also move your TP? and if yes, where to? Thanks for all you efforts!

Daily GBP/JPY analysis