Glad you did, about the D point, I never set it as a profit-point, I rather use it as a buy point if price should get down to point D. I always take my first target at 50% retracement of BC leg. As you called , it hit down to 50%. But I don't tend ...

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

Wouldn't find it impossible for a AB=CD pattern to occur in this downtrend channel we have on 4H chart (if 61.8% of AB leg holds) Even tho gartley patterns have a nice % of success, I have already moved SL to +1 , market can change so fast these ...

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

Nice,think I have a bit clearer picture. Have just started to scratch the surface of divergence and how to take it into play, and getting a feeling of the potential knowledge lying in front of me. Thanks for making this clearer

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

Understand. How to you take this into account ? Or you only use this as a trendsetter/trend breakout ?

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

M2B I remember you skills with divergence; would you have a look at daily cable ? Look at the MACD , what do you belive ? Could this be bottom ?

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

[quote=arezab;1814596]They do this without any announcement? I don't see any news announcement for this. I lost 110 points because of this ... a short trade which was already in profit ... I'm so angry.[/quote Well , that could be a great ...

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

US rent cut by .75% ! First time since 9/11 feds do it this way ?

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

Better check ur fibs bud. And ur 1h 4h. Still intact ? please show us some charts , mine is def not showing a "intact" downtrend. Notice how cable broke intraday downtrend lines and turned them into support.

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

Watch your investments these days,you don't wanna end up like this guy. video

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

I can put it like this; I wouldn't dare go against that big amount of money. It might seems they know something that some of us don't. Try draw S/R on your chart, from Tokyo start, might provide some info.

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

Strong gbp buying from Russia and mid east. Even tho shorts might be tempting for some1 , remember you are going against the big money

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

Let's see how price reacts to 9600. A blast tru here would target 9500

Cable Update (GBPUSD)

In other words, if all of us is wrong, approx 4-5% of the traders with short-position is making a nice amount of profit. I would rather know trade-size in amount of money than % of long/short. That chart could easily be misunderstood. If 98% of ...

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

At least we are 3 people aiming high Round nr's combined with drawn resistance from previous high broken = profits. Also, cable is struggling with .9700.Would help with a breakout from that lvl. Broker tells me they have offers @ 9720 on ...

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

Any1 else sees a potential upside ? Targeting 213 close to daily resistance 1 and a round nr

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

Just guess how many who went short from 210.80-95 area with S/L from 211.00-211.20. 211 have been tested twice with breakout on second try. This have been a nice day for us breakout traders

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

Can't complain , had a long @ 208.81. Still,not big pippin tho,but those setups feels so easy for some quick 0.something % capital gains

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

Glad to hear you got my back Since I don't feel comfortable trading Asia session I target 40 pips (as a old habit when I see price gonna bounce of a specific target)or nearest fib/resistance with BE @ +20 pips. As you might notice I'm ultra ...

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

Hi Mike ! Going against trend is a easy way to lose money, agree. For me this had a low risk-award considering that price touched down on a strong support according to my setup. Since I always calculate risk/what I can lose before entering a trade, ...

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

209.35 broke and landed almost perfectly on weekly support @ 208.81, lets see how many pips it could go up before trend is continuing down

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