we're in a potential bull channel, but bounced off the bear daily utl. if this holds, then we go down, but if we break north of there, bears are done for a while. here's my chart. hit my TP on GU 1.620, so flat for the moment on that pair.

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

hit my first TP target at 145.23. closed half my position.

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

moving my stop up as we rise. don't want to give many pips back on this one if it does drop, but if the news moves in our favor.... Im not good at trading fundamentals so I never try to guess.

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

nice one! closed half my GU long at 1.6120, holding my GY long. .

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

currently long GU and GY but wondering if we're going to keep going or drop again. it seems like GY support at 143.4 is holding for the moment. keeping an close eye on GU 1.612. If we can break resistance there, then potentially we could see 1.637. ...

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

Dark Pools — In today's NY Times url Here's an except from the article below. I'm not sure the effect of dark pools, if any, on the Forex market because it's already decentralized, but we've seen a noticeable drop in trading volume over the ...

Jay's Daily News

lol My mind on GY...

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

right now we are being held under the minor trend line (dotted white line) so for the moment the bears are in control. if we are going to make a move north I'm looking for a bounce at 142.2 area and a break of the major 4H trend line that we touched ...

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

is really all over the board today... 4H bullish 1H bearish took my 40p x 2 and wait for next move we may just float around here until US retail news.

Cable Update (GBPUSD)

good evening everyone went short too, 1610. my entry target based on chart below. 4H UTL and daily chart 16022 resistance held. dodgey PA so I moved my stop up to BE. Now that she's back below the daily UTL maybe she'll play nice...

Cable Update (GBPUSD)

excellent post. the beauty of trading is we never stop learning something new about the market and ourselves. if people were to follow the principles you laid out, they stand a much better chance of at least surviving long enough to take ...

Make Millions Trading Fx

What did he do to Chicky? lol I understand that English may not be your first language, so no offense intended, but this was a funny post. The basis of what Chicky brought up is not negativity about the market or a particular entry method based on ...

Make Millions Trading Fx

but Piters is even bigger! lolz

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

lol!! you must have been a handful when you were a kid...

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

UJ already moved up 180 pips. 89.84 strong resistance and 89.25 now established as support, so we may just drift sideways or down a bit even in this range.

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

cheers. have a nice weekend my friend. looking forward to next week.

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

recently UJ closing up on Fridays. (which messes up drops on the GY) BOJ needs to set the level for a number of reasons, so they allow the drops early in the week and then do the corrections on Thursday and Friday. All international business carried ...

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

on my 1H I have 3 candles in a row on the 8th closing just under 141.7 before we broke north, and 4 in a row on the 7th. actually, this is from the chart I posted yesterday on DT's thread. None of the levels were changed, and you can see how well ...

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

141.7 was major resistance that was broken on the 1H when we went to 143. so a retest as support was a logical target. (142.3 was minor resistance.) fibs can be helpful sometimes if PA is moving in an area that doesn't have much recent SR history. ...

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