OK anthony I'm off to sleep, watch, if there is a break and a close this hour below 237.05 level, you'll see 236.30-15, watch the price action, if it manages to break that level than you might see 235.70-80, make your decision at that time watch the ...

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

The money is not just in oil, natural resources, diamonds, metals, rare metals, gold, construction, government contracts, the list goes on and on...

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

Of course they are moving they have made the money, and got the money out as well, it all has to do with politics, anyhow lets not go onto that. But trust me there is stuff here that will make you go HA???????!!!!!!!!! If you plan to visit let me ...

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

Origianally yes, lived in LA for 20 years, sold everything, got married and moved. Pretty gutsy, but you won't believe the type of money that can be made here, it's like the wild wild west, if you manage to know the right people of course. Did you ...

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

HUH????????? With that leverage you would of been out a long time ago with a margin call and an automatic liquidation at these levels, ok take your account value, then take the value of your position, full lot 100k, 1 mini lot 10k, and so on, then ...

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

Ok, when i asked for leverage I meant not what the broker gave you, but what leverage YOU used. Example 100k account with 1 standart lot would be cosidered 1-1 leverage, you control 100k of the currency, 2 lots 2-1, 10 lots 10-1 and so on. Do you ...

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

Yes it is possible, but judjing by recent history and immediate price action not probable. Notice, I'm still holding a little bit of short from the last swing high. Also don't forget the statement that's going to follow the announcement, if they ...

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

Tell me what leverage you used on your account, I'm assuming it's real money not demo, and your entry price and I'll give you 2 possible scenarios, you make a decision.

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

Thank you Markam, yes next year, is as far as it could go. The only reason I'm mad is because we are about to have a text book perfect WEEKLY H&S possible formation fail. I closed 90% of my shorts, still hanging by the hope(should know better after ...

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

A day of reckoning — Ok a quick rundown on the possibilities tomorrow. 1. If you look to the past you shall see that we had consecutive 50bp rate cuts in the past, 1998 same time I believe. At that point we had a constuction slow down, but not ...

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

This is a shame, used to be a great place to perhaps see a contrarian view or something that was missing from an analyses, or just to see that people are learning and trying to grasp the concepts. Now there are fights, people asking which way go I ...

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

Ask yourself 4 questions, why do I wanr to go short, what's the average daily range, what's my possible target and what would be my stop loss, then figure out your RR ratio and you'll have your answer, if you need me to disect it for you let me know

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

Karm, take a look at the PA last week at the same time, notice anything familiar on those 4h bars, the price action is quite identical INMO, need I say more

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

For some reason, upload gets stock, strange, well I guess no chart, unless someone has an idea why is this taking place, thoughts anyone?

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

Here is the chart, forgot to attach earlier

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

If you look at the bigger picture we might touch 239, but in my opinion it would be just a touch, we are in a wedge and since the price had touched the bottom portion of the wedge it is naturally attracted to the upper boundary, decisively breaking ...

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

The price closing on the outside of the bollinger band simply means that there was(or is) a strong move. Together with other factors it does provide some bases to assume that the price may retrace a bit, (known to happen) in our case most likely to ...

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

My view exactly, one can still hope, but got to plan accordingly, gloomy, gloomy, gloomy.

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

Nice work Actio, impressive, something to look forward to, looks like a lot of work went into this, what starting point do you use for those projections if you don't mind me asking? Btw, I'm assuming that you had programed the algorithm into some ...

CHART Reading for serious traders

Inverted H&S pattern on the 30, neckline 234.20-40, if breaks and closes above than a safe target 235.50-80, as Karmo's predicted, and then we shall see, still see an inside day, but everything can change

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