When are you expecting this retrace and what is this based on?

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

For me it depends on type of trade I am entering. If it is a short term trade targeting say 50 pips I put stop at BE after 20 pips. If I am targeting over 100 pips, I normally move stop to +1 or sometimes +5 after 50 pips are green. Bless

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

Seeing a lot more green pips than red, so I'm doing great. Bless

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

Hey Mike, Good to see you back my friend.

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

I think the market is waiting on this 1:00pm USD image FOMC Meeting Minutes

GBPJPY scalpers

Keep an eye on the dow. It is testing support at 12525. The daily looks very bearish

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

I see your reasoning. Good work as usual.

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

A very good place to start is babypips.com. Read till your eyes burn. Bless

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

GJ having trouble getting past 100ema on 4h. My 4h chart suggests downmove is not over so I wont be taking a long. I agree it may go up some first but I wont risk it. My charts say bear so I wont fight it. I am currently flat. Bless

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

As I stated earlier, this 1h 100sma has been rock solid support and still is.:surprised

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

Now this is some funny shit

Cesarnc's market talk, gossips, rumours & fun

I think fall is coming soon. I am still wondering why it didn't fall on friday's data. I think if we get more negative earnings behind Alcoa, stocks will fall taking geppy with it. The dow daily also closed as a long wick. Tomorrow should be ...

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

No problem. Different broker, different calculations. My 4h closes in 20 minutes and 200ema is currently at 202.90. Bless

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

I don't see a close below 1h 100 sma. Also, we are currently above 4h 200ema.

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

100 sma has been very strong support since this upmove started at 197 and has not been broken since. 100sma is red line on chart

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

There is good support waiting @ 1h 100 sma (203.26) and 4h 200ema (202.9). Bless

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

I don't think you know what "pumpum" is, unfortunately. Google it and you may get the joke. Bless

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

I thought that was the love of pumpum

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