Small buy at 136.1 (5MA on 4H). I will continue to buy dips.

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

Took profit at 136.6 and am out for now. B

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

Sorry...looks like Tuesday..?? Treasury Secretary Timothy Geithner will outline the bailout plan in a speech at 11 a.m. EST (1600 GMT) on Tuesday, the Treasury Department said. url

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

Karmo, I am buying at DP and WP. As long as we stay above water on the daily, I'm long. Your thoughts? B

Karmo's trading strategy trading GBP/JPY

Geitner to talk at 11:00am EST. url

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

Bigcoupe call — My first order for G/J is long at 135 (DP) and long at 132.7 (which is both WP and the 5MA on the Daily). More than likely, if we make it down there, a long somewhere around 130 as well FWIW, the order at 135 will be a small ...

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

So far my analysis of GU heading south hasnt played out. Still very low volume at the moment so we'll see what happens during London tonight. At the moment I am -34 G/U and +6 on G/C

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

Ahh....I'm not the only one who spotted this The double top on the 30 min prompted me to go short at 1.72484 with a SL at 173.100. It's not a very strong double top but since we were oversold I thought it looked like a good R:R ratio. B

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

My outlook on the week — I'm feeling sideways movement for G/J for this coming week IF and only IF G/U bounces as I expect. I expect U/J to continue it's upwards movement with the passage of some kind of stimulus package *sic*. Here is why I ...

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

Rav, I thought about it and I want to apologize to Malcomb. Malcomb, please accept this public apology. I see allot of things in this thread that I disagree with. Let's face it, we have went from Aus's system to RSX, volume, and even planet ...

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

One thing that bothers me greatly is the many posts of "I did this and I made that, etc." There are some people in this thread that have to post everytime they make a winning trade. However, you don't hear a peep when they lose. In fact, as many ...

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

Shorting GU? — I opened up some small shorts on Friday for G/U based on the following charts. G/U daily could run into some tough resistance. I took profits on GJ and am waiting for a retrace to load up on longs. B

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

I remember you saying it as I thought you were nuts based on my own analysis. The trend was showing up. However, I respected your right to an opinion and kept it to myself. Here is your post: url

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

Malcomb, I'm still waiting for the 1000 pip drop you predicted the moment we hit 130 that you posted early this week. I didnt jump your sh** about it. We all have a right to our opinion. B

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

I personally don't believe in hedging G/J with GU or UJ. If you think about it, you're basically hedging with half the pair. That doesnt make sence to me. I personally like to hedge with eur/gbp Just my 2 pips.

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

Let me just get something off my chest. If you're losing pips right now, you're not practising wise technical trading. The trend right now is obvious. If you're trying to catch the top, good luck! Ride the trend and take profits while you're riding ...

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

Any other time I would be treating what I am seeing as a Bull flag. However, the way she's been acting, I can't figure out how to trade her. Oh well...time will tell.

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

That double top on G/U has prompted me to close all my longs. I now have shorts on G/U and G/J with a SL 20 pips above the intraday top. My sentiment is still long....just not now G/L all

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

I didnt see G/U until the last min. Shorted about 5% with a SL at 1.451. We'll see what happens. You may end up being right ;-) B

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

Hmm...I see a different picture. I do not think 130 is the top. Time will tell. ALTHOUGH!!! Double top on G/U..??? Hmm....

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