Thanks. One last question then i go back to bed... If you were taking a short on the retracement... would you sell at the point when the 15m str crosses or wait for the bar to end and sell at the start of the next bar.. ?

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

I can't work out how you got this level, give me a clue? i've tried the trendlines, fibs and looking back at the longer time frame but I wouldn't have spotted this as a particularly stong resistance.. help!

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

I closed my short hedge.. im all long now.. i wont let it go far though...

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

if candle below resistance then i give up on that long. no clear sign.. shouldnt have done it.. bah

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

arghh.. took some pips on the way down with scalp short .. close now.. i'm still hoping for bounce of trend line.. tight stop.. it has to go or im out ... i though it was good value.. maybe not.. still in the long for a bounce

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

i just went long. good signal for you all to go short now.. long at 23996 tp 24300 sl 23865

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

nono.. means i have to play golf.. even more painful than forex off to venice on sunday..

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

markam cool prediction this morning. wtf is happening now.. late bounce / buy from a fundi pov?

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

i dont think i take the short here. Good luck if you do.. it is hardly the "perfect storm" What's mine stays mine... for a bit longer anyways. (I know im going to kick myself when it goes crashing down!!)

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

I'm not sure but there was an article url which might explain?

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

I'm out of this one for now.. a bit more money in my pocket... I want it to retrace before i risk any more.. (after you guys have your targets of course!)

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

I still havent pulled the trigger.. im a bit worried about the 240 level.. would be good if it actually does retrace to 1h 5sma.. have you gone in Aus?

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

1h nearly crossing down.. ? — maybe we get a chance sooner than ny?

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

Aus... do you use any indicator to judge volume?

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

I would stay out for the moment. No point in risking money when there is no clear direction. I think we need it to go down at least to the 38.2 fib of the previous upmove.. That would be around 24243 on my charts.. maybe hang around there or getting ...

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

Maybe it will make it down to the 38 fib.. 24247?...

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

I think it may bounce off the pivot at 24308 ish.. i wouldnt go short.. But then again.. i miss a lot of good moves...

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

I don't think he was serious about it as a strategy.. it was just an illustration of money management... (I may be wrong) If you can find anything that gives you 3 to 1 returns from a guaranteed 30% win rate then put everything you own on it.. Maybe ...

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

Thanks for that! So.. is it a good bet that if you could time a short for 1 minute past 5 est you would have reasonable odds of picking up some pips?? I guess everyone is holding their longs til then and then they will think.. holy s***t, I need to ...

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

What is Triple Wednesday? I've heard that wednesday is often a trend change day.. but not heard of triple weds before.. (blush) ta

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