yep, been there more than once and again now I have 2 longs under water from 245 and 242 (though there are small enough not endanger my account) with a short hedge in place @ 238 (My previous sell orders did miss spikes up by few pips). The key ...

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

you are short from higher up - good move! and I was not suggesting anyone close shorts, just warning about potentially selling the bottom

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

div broken...down we go

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

careful with shorts here — regular div on 1min chart, I would not add shorts here until 137 is broken decisively

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

For all those there with a temporarily bullish mindset, we have a bullish PB on 1h chart which in turn may confirm that the last drop was just a retrace and bounce off 4h 5sma, so I am keeping my long from 138.19 hoping for push up to 50%fib @ ...

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

IMHO we may not see 143.9 - 5min chart turning bullish with 15min next, so good chance that the TL had held and we are going back up

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

Arschloch

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

Sorry to hear that. So you have lost nearly $2500 now. You are not just on the wrong side of the market, you are also terribly undercapitalised. I advise you to demo trade until you can better fund your next live account. Good luck!

Cable Update (GBPUSD)

what really drives GY? — This leads me to a question I placed in the newbie forum before but got no answer: in what proportion is GY driven by UJ x GU vs. GY being traded itself?

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

unsure about down — NO, we are well above Gann which is @ ~173. Price just went down to 174.09 and now back up to 175 on my chart. Also given that UJ closed with a bullish looking daily candle yesterday and stocks are expected to be bullish ...

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

UJ may be bullish — Hi all, whilst shorts clearly look favourable over longs right now, we might stay in the current range and not break 176 - UJ closed with a bullish engulfing candle on my 4h chart 20 mins ago. Just a thought

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

reversals? — Hi all To me the 4h charts of all the pairs that crashed recently, i.e. EU, GU, UJ, EJ, GJ, are looking bullish now with divergence played out, QQE x'd up and candles above gann. The only reason I am not long on these is that I am ...

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

Thanks!

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

Don't get it — Both EU and GU are showing weakness after what I'd consider positive news (especially in case of German data), so whilst these are truly volatile times, why would USD strengthen against such data??? in moments like this this ...

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

as I just said, the UK chancellor talked the £ down big time now the question is: will the fall end at 1.80XX or freefall towards 1.70XX??? any ideas?

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

Reason for £££ fall — Hi all - there is a real reason: GBP is getting killed since the UK chancellor (aka finance minister in other countries) gave an unusually frank interview published on Saturday where he stated that the UK economy is much ...

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

Targets for GY and GU — Hi all I am holding shorts in both GY and GU with some profit locked. But tomorrow I will off on holiday for 2 weeks and rather than closing my positions and would like to set a realistic TP for both. I am thinking - ...

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

I have a lot of (forced ) experience of hedging and can tell you that in the majority of cases it just causes you distraction, pain and loss of equity. However, 22 pips is nothing! I'd suggest you wait for the next bottom - i.e. look for bullish ...

Cable Update (GBPUSD)

beginning to look good for reversal — Hi all. We may get a juicy bullish PB on daily chart today and also 4h candle above Gann Hi Lo for first time in 12 trading days - so IMO longs could be considered again. Anyone else?

NZDUSD Discussion

M15 has turnied bullish - Gann and QQE crossed upwards (and Gann crossed 5sma) first time since this morning's fall started. We might get a reasonable retrace now.

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