I'm already in 7 digits, just so happens two of them are behind a decimal point.. haha I presume you are talking about on the 4hr chart??

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

I was with FXCM, they were terrible. I read a few posts from ppl using ODL, called them up, had to fill out minor documentation forms compared to oanda or FXCM and sent by email. the acount was open with-in 2-3 hrs. I found there staff very polite ...

ODL Securities

Okay, that helps me alot, because i was thinking something along the same lines, and placed a short there as well. This is something I would call for you, just your trading experience, where as for me I am still trying, I would call it maybe an ...

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

Malcomb, your short off 147.50 is based on?

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

I will do the opposite, wait for a bit higher than place a short before the asian market.

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

lilmoe / malcomb I note both of you speak (as well as many others) about hidden divergence, one uses CCI and the othe RSI, I have a hard time really telling the difference between them. Is there any advantage one really has over the other or is it ...

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

Just a newbie observation, not based on trend lines or any such indicators, seems to me that that each time a new low is reached, there has been significant resitance, followed by a sharp retrace, 140, 139 a couple times, and now we've touched 137 ...

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

So if the asian tends to do the opposite of the US session, we should be seeing a retrace back to 145.50 or so? Any takers? Lol, small long 143.44 : SL 143.00

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

More than happy to. Its from a fellow on babypips, based on spuds stochs. Besides, its cool to look at.. which is why i use it. Cheers

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

I beleive it will not break 146.5 area, and go short. Spidyweb chart attached Stochs are in a tight rope formation and peaking, or breaking the wall if you are familuar with that. A short indicator, and usually a good one, so just have to watch it ...

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

Do you have a chart to post with this? 2000 pip drop again this week???

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

arezab, I'm looking at the same chart, rising triangle, i suspect will break to the top to the 150 area, for another 1000 pip drop or 2. Cheers, have a good weekend

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

Well thats what happens when you rake in the big bucks.. probably like 10 days

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

I know how you feel, i'm waiting till 138.5 or so to add any shorts or a retrace to 144ish. Holding shorts already, if i've learned anything from the awesome group of traders here is that patience pills REALLY DO work shorts from 159.38 150.47 ...

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

HAHA, im glad you said that, not me I was hoping for a nice retrace to get short higher. So now I'll just sit and watch for the time being.

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

You dont think we'll see a 50% or so retracement during the asian session. Malcomb has comment on this a few times.

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

Is this for real?? that would be awesome

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

Karmo did im pretty sure.. he mut still be dreaming of killing bulls with his sword

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

I wonder if we don't see 147/148 before a significant retrace. the chart is showing a pretty clear channel on the downtrend, and right now we are sitting right in the middle.

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

Hi Karmo, Let me say thanks for all your insight in this thread as well as Auslancos.. It seems to me that we're trading in a downward channel for the last while, from 149ish now to 158ish. I'm thinking it will hit around 149.5 then retrace up ...

Karmo's trading strategy trading GBP/JPY