green pips are always a good exit. I'm out as well for the moment. doji on the 1H. the week is young! and off to a good start. I can go eat lunch now that my trade is closed...

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

still in. the last hourly candle doesn't look like a bottom candle to me.

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

I'm giving it another 5 minutes. If we continue flatlining at 150.6 or pull up, I'm going to bank the pips from the first drop and wait for the retrace to get back in...

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

excellent! ...makes my market watch look like a toy. I have same short target area. (chart I posted yesterday)

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

I agree. I was thinking about the long term outlook concerning a major drop in my last post. Short term, I don't think anyone knows how the markets going to react to this. It's a very big change for Japan.

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

...and Monday is bank holiday in England. Is going to be an interesting Monday, no doubt. I've been thinking about the bear sentiment and as uktrader said, the smart money may move up. (as someone said, "when it's obvious, it's obviously wrong.") ...

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

monthly channel — Here's a different perspective on the up channel based off the monthly chart. (fig.1) If you look at the daily chart (fig.2) we have followed the line of travel (center dotted line) as a center of gravity for the up trend ...

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

thanks for the nice words bro, but there are people on this forum with much higher skills then I have. we all help each other.

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

huge selling pressure right now and someone's holding the damn thing up. I can feel the pressure jumping off my screen... lol I stood off of a few good trades too. but they were only good in hindsight. I could have picked the wrong side just as ...

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

lol! London boys are joining the party. Let's see how happy they are today. Your 61% held. Very nice! thanks for the voucher.

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

here's the 15.

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

Use a 50ema, not sma. I use a 52ema on the 15M, 5M, and 1M. basically same reading but I find the 52 is a little bit better.

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

I love the 55EMA. They pushed it back under with 5 seconds left on the 1H candle. bastards. lol

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

the 55ema held on the 1H on the up move. waiting to see if 152 - 152.2 is a retest as support. It's 50% retrace of the up move. If we bounce from there, and break out of the channel/cross 55ema, London could be bullish to 153.9 at least. We may just ...

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

lol... spaghetti! sorry, I misunderstood what you were saying.

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

Ichimoku? I hope you don't mind a bit of advice cscheat. Don't start with Ichimoku yet. I know a couple of traders who are very good at it, but it takes a long time to master. First learn the basics. Ichimoku is very subtle so different traders make ...

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

what's going on with FF? my post got caught in limbo so I the post button again and the site went down.... hope it wasn't my fault! lol

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

good morning I took a small long as well at 152.2 but just closed it though when we bounced off the 200ema on the 15M. hahaha chickened out. may regret it later, but still 40 pips is a nice way to start the morning. Let's see if we can close ...

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

This is unbelievable! The Fed didn't even audit the off balance sheet transactions on the money they lent the banks. No one is keeping track! And something else very interesting came out of the hearings. When Grayson grilled Fed Vice Chair Kohn, ...

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