Honestly — In all honesty, no one knows if we'll see 144 again soon, so you have 2 choices: 1. Cut the trade and put it down to experience. 2. Hedge the trade so your exposure to more upside is limited. If you don't know why your trade went ...

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

serious? — You're serious? You really recommend this kind of cowboy trade to a newbie? I'm not saying it won't work, but what about the poor guys account if it doesn't?

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

Very impressive — Just taken a look at the link, very impressive.

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

there's always one, tsk — Yes I do clever clogs.

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

If it works — If it works for you then that's great. All i'm saying is that London does not 'open' at 3am EST.

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

Don't agree — I keep reading this and it's misleading. The FTSE opens at 3am EST, but typically the FX traders get to their desks an hour earlier than that. (2am EST). Just take a look at the way markets move from 7am GMT. Same thing applies ...

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

lol. — ***UKdaytrader, gets popcorn, sits down, waits for the show***

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

Some people tsk. — I have spent a good bit of time in Pete's room and have to say it's excellent. No one is being lured into anything here; Pete held a free Skype chat but it soon became clear he needed to moderate those members of the chat ...

Petefaders Journal & Open Discussions

One for Malcolm lol — Upthrust on low volume last 15m bar. Longs be careful here. Taken a cheeky short. Just a scalp but will cut quick if i'm wrong.

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

Really..? — Careful, the consolidation over the last hour or so could be the breather before a push higher. GY has come out of o/b territory too so upside is very possible.

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

ungrateful — If he won't go, I will.

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

ES looking toppy too. — I don't disagree. I think a further pull back is needed. ES looks toppy on the 15m TF with bearish divergence too.

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

Your chart shows the declining volume including the last big downmove, so the declining volume is not unusual I think. Since the move from the bottom, my platform has shown a slight increase in volume.

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

Hey ya — Hey mate, how's the baby? You not been here much lately. Also, what did you make of the comments from BoJ about 'monitoring the FX market closely'?

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

5 sma — OK, no longs for now. Will look to re-add longs when 15m 5sma is broken to the upside. Also want 1hr price to stay above 5sma. We'll soon see just how much market appetite for shorts there is. Not much I suspect, so am not expecting a ...

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

Overbought across TFs — Next hour will be very interesting. Overbought across multiple TFs now and with UK news in 35 mins, be careful of longs here. 5m Bearish divergence setting up, so a pullback is very likely soon. Also 1hr looking toppy ...

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

UK News — UK news in 35 mins.

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

new destination — "This is your Captain Pandora speaking. Could all the shorts in the cheaper seats kindly vacate them. We have some additional passengers for a new destination".

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

UTL — Price just hit the UTL at 148.90. I would expect a bounce here and maybe some consolidation. Closed longs but will add on retrace.

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

hands up — hands up who's still on Sycho's plane? Only kidding.

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