yeah enlighten us masters

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

You, me and karmo all have 228.40/50 as our target. It's probably gonna get there. THEN, the next move will be very INTERESTING.

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

I'll short half a lot and if it moves up to 230.40, I'll enter the other half.

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

Same to you. We're all here to make money and help each other make money. The banks and brokers are our enemies. Lets get them.

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

Cool, I'll add another short there too at 230.40. I like to be 10 pips ahead cause I really hate when price turns around before it gets to the target.

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

I would love to discuss our trading strategies some other time. But right now I'm busy trading.

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

aus and karmo, we need some retracement inputs.

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

Well I've made over 15000 pips without using any technical. But I think a combination of technical and fundamental is the key. Like when your charts/indicator says down and my fundamental view agrees down, we have a very "high probability" trade. ...

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

ok fib man, you've been dead on with these levels. 229.60 is our next stop? I'm thinking of scalping a long here.

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

I know very little. I'm still learning everyday.

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

np, we're all here to learn. In forex, one can never learn enough.

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

Dow is not really going up. It's stalling. And yes, GJ and dow do behave strangely maybe one day out of a month. Dow is only one of the many factors that drives GJ.

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

Well based on my limited observation (about 7 months of trading forex), I observe that asian usually follow US because the major news release occur before and during US session, hence dictate the direction of gj/dow. Asian session rarely has any ...

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

EXACTLY. Bernanke is done talking and there are no major GBP/USD news release for tomorrow. Whichever direction US session takes this pair, Asian will follow.

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

So your technicals agree? I think we might have a winner here. But then again, in the world of forex, nothing is for certain.

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

Looking at your chart, a break of 230.50 would be required for a move south?

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

I have a short at 234.10 and at 232.50 looking at 228.40. Hopefully we'll get there by tomorrow. Then next week 1000 pips down to 219.

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

LOL...same here Is there support at 230.50? How many more supports are there?

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

WOOT, here we go. I think this time is for real.

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

Has bernanke done talking yet? It seems to me market waited until after he farted to make its move.

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