Thanks Mike, As for the swaps, I don't have to worry much since I use oanda (earning interest everyday, so it balances out with my -interest)

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

cheers

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

There's 100sma and 200 ema @198.50ish on my 1 hr chart. I would feel more comfortable going long after the bar closes above, IMHO.

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

Thanks for the heads up mike. I'm also holding on 2 small short positions from 201.60ish targeting @ 196.xx and 192.xx. Hope it gets there.

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

Thanks Godfrey, You da man.

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

Hi M14, I can't seem to find your posting on market mechanisms. Can you help me to find this please? Thanks in advance.

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

malcolmb14, Thanks you very much for your explanation and analysis. I, now, see it very clearly. Your analysis is just superb. Hope to see your post more often during the day time EST. Just a hope.

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

Thank you.

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

I'm not familiar with bear flag. would you mind giving me some examples or guide me where to look into this? Thanks in advance.

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

Thanks Sycho, I needed it.

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

Agreed. Thanks Q.

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

I see 1hr pin at work. Although the bar has not been closed yet, if it does I think the price will go north. Also, it seems like we had a bounce off the 240.40 which is 50% fib level of low of 203.47 and high of 205.80. Any comment would be ...

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

There will be many other trading opps in the future, I hope. And, as Karmo and other senior members say, may be using proper money management would help? Cheers.

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

Can't seems to post a chart but anyone noticed there is an inverted H+S in 1hr chart? I'm not sure if it's a valid one though.

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

Thanks bro.

Karmostaji's Journal

Hi Karmo, Did you close all your positions for short? Any reason? if you don't mind me asking. Thanks.

Karmostaji's Journal

Thanks.

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

Hi Q, Also noticed that there is no trend traffic indicator in your chart anymore. Are you still using it, if you don't mind me asking? Thanks.

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

I see that divergence too. Thanks.

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

Mike, just out of curiosity, can this be considered as a pin bar (Daily)? Kind of confused... Any input would be very much appreciated. Thanks.

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