it happened to me twice earlier, but not now

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

what am I doing different. I show the bottom of the channel at 156.20

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

Malcomlb, would I be correct in thinking than that we will test 155.95 again and bounce before asia starts up?

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

[quote=jon clogger;2323803]I agree plrbear, I went big last night for a 500 pip drop from 163, and got a little warning from Malcomb for it, but that's not the norm for me to trade a standard lot. quote] Exactly, we trade at our own risk. The senior ...

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

ok now that makes more sense. thanks as always

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

actually if they really read from the begining and aren't just using other peoples trades than malcomlb, lilmoe, karmo aren't doing anything but giving thier own oppionion. I trade on my own theories, charts, guesses, what not so if someone looses ...

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

so even if trend is down, if we move to fast than that'll bounce?

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

that bounce up was quick, should be followed now by another drop

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

lol lol lol lol and his gun is his stop loss

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

chart

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

so here is my 1h chart. I'm looking at the tail on the last hour.

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

my 4h and 1h show strong move back up to 159 before we drop again. we tested fridays low and didn't break thru so we're on a correction back up now

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

lol buy a car and give it to charity

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

ok so next resistance 155.50 probably bounce back up 100 or so if less than that than we should break it and drop to 150

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

I'm not sure if it'll make it too 158.50, I show a turn on my 5m and 1m

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

scalping I went long and am currently up 60 pips sl at be

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

[quote=malcolmb14;2321297]call it a hunch thats what I like about your strategy you really do your research, not just guessing or living only on current trend. thanks for your input

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

I just dont see the drop all my charts and MACD show an up trend I dont see where you are saying it is a short

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

which might tell us that it's meant to go down. but again here we are ranging

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

my 1h is forming into triangle

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