Correction - on the 1HR chart - it's touched the 5EMA on there. And the RSI is beginning to straighten out as well.

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

Wow! I was already stressed trying to get in with a 15pip spread as it is Looks like the 1HR's pointing up - Stock, Momentum, and RSI as well. Any ideas on how far up she'll go? Maybe enough to fill the gap? I was hoping to go short around ...

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

I've got the 5EMA on my chart - I'm assuming it should be SMA instead? Thanks! kokanee

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

I think that's the 5EMA?

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

FXCM is still giving us a nice 15pip spread

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

Yep, I see that too. Although it was almost a straight line, or more like a small "U" shape. Looks like it's beginning to point up now, although, rather slow? kokanee

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

You're long on the way up to 240, right? Catching the re-trace back? The Stoch and RSI are both leaning up on the 1HR from what I can see. I'm waiting for it to get back up to short again. Missed the early one. kokanee

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

I'm seeing the same thing as well. That's weird, my VT Charts and my Interbank FX charts are waaaay off in the prices!

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

I agree - and on top of that when the market opens up, especially on FXCM you always end up with horrible spreads too. kokanee

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

Missed out on this last short - ah well, I'll wait for the re-trace and try to catch it on its way down again. Just looking at the 5EMA - think it'll re-trace back up to around 240.30 - I'm looking at the 1HR chart. Wow though, looking at that ...

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

Hi auslanco, Great idea starting your own thread here. It helps re-enforcing the concept of sound Money Management - both to new traders like myself, and even to experienced traders. I've always stuck with GBP/USD because it isn't as volatile as ...

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

Good thing I haven't been sitting here in front of my charts the past two hours or so - it's been pretty slow moving Finally got a chance to enjoy the sun out here today. I'm out for the day - hope everyone has a great weekend! kokanee

Daily GBP/JPY analysis

Hope you don't mind me joining into the Yahoo Messenger group as well. My email address is: [email protected] I think I've done it correctly, I'm trying to add you auslanco123 in it? Thanks, kokanee

Daily GBP/JPY analysis

I missed all the fun today! But it looks like auslanco's been at it again - you're awesome! I'll be getting onto the Yahoo Messenger bandwagon as well. Good luck to everyone! And thanks auslanco - you've helped everyone become a little richer these ...

Daily GBP/JPY analysis

My exact words!

Daily GBP/JPY analysis

Good choice! A family member of mine just showed me that site - she's development planner and raves about the work done because of this site. kokanee

Daily GBP/JPY analysis

Hi auslanco - welcome back kokanee

Daily GBP/JPY analysis

After a little Googling - I think this is what auslanco is talking about: url (hope I'm allowed to post links?) - for the Strength Indicator. And url - for the trading platform. kokanee

Daily GBP/JPY analysis

See ya auslanco! bravado - I haven't been here all that long, but I always get a kick out of your posts! MC Hammer did make a come back though - LeBron James dressed up as him at the ESPY Awards - it was awesome kokanee

Daily GBP/JPY analysis

Yep, I got it I personally tend to over-analyze everything - be it trying to predict the news, or the charts themselves - I trying to see something that's not there. Essentially trying to will the pips to come to me. Never works Setting up ...

Daily GBP/JPY analysis