Looks like she will test my daily 5 sma low at 204.60 area

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

If I get a signal to go.... I will I want to ride her down to 1.99 from a high level.

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

Triple swap day. I am still standing aside after riding her down to 204/203 and then up to 207 yesterday. I dont need any positions for march. I exceeded my goal already.

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

Hourly chart shows a possible cup and handle. moms are mixed for now.

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

a head and shoulder formation would mean a move down if completed. If that is what that formation is....

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

Got my eye on that daily 5 sma area. 206.06/20 area. Moms are mixed for now. I need to see some agreement.

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

I have been standing aside since yesterday's upmove. I like to buy cheap if I can.

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

Getting correct entry point for a swing trade is important. Picking tops and bottoms is risky. It can be suicide if you use bad MM. But if the charts are telling that a retracement is coming then you begin to place very small lot sizes as a "tester" ...

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

Nice analysis

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

I dont wanna be buying here in the 207's if it is only going to 208 or 208.50. Everyone who sold Geppy below 205 when she was falling got their asses handed to them today. Dont make the same mistake again. Buy it cheap or dont buy it. A sell from ...

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

Don't jinx that daily candle!

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

I was paraphrasing Markham, not Malcomb14

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

I learned a very hard lesson... In Forex, you can be correct, and still lose your ass.

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

Tomorrow is triple interest day.....How will that play?

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

Trade what you see on the charts.

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

And when all this happens, the charts will have told us to sell it.

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

I felt that the 204 would be a good buy so began to build a few "tester" positions around 204.99. It was not fun watching draw down to the 203's. The charts were telling me a retrace up was due. There was buying interest. Proper MM allowed me to ...

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

If Markham's prediction of doom and gloom is to take place, then we will see rampant global inflation, and bread will cost a days' wages.

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

There is a very good chance at some point when those cheap bonds are gonna make someone a tiny bundle if they took their Karmo pills.

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

I dont wanna risk a last hour Dow sell off with an entry here.

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