Yep, agree — Something not quite right about this move up. Low volume rapidly marked-up through resistance when some significant buying yesterday failed to do it. Then I noticed this..... There was a massive spike up in volume yesterday. ...

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

Yea, maybe. Don't want/need to be greedy. Noticed some sellers at the breakout level. We'll see how strong they are.

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

ha ha — Beautiful mark-up. Closed some Aussie/Yen longs. Let's see what the US open has in store for us...

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

yay — Karmo's in da house.

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

Interesting confluences.... — I was saying yesterday that I noticed all dips were being bought. Dow and ES are now testing key levels again pre-market and AY and GY near breakout level. Looks to me like today will be test/break day.

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

Not bearish for me — The upmove over the last 12 hours has been strong and supported by reasonable volume. We're at key resistance, so we shouldn't be surprised to see a 100, (or even 200), pip drop. Big boys f*cking with us IMO. Been true all ...

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

OK.... — Closed my shorts. Seeing some reasonable buying volume at Daily S1 and 147.75. Attached a chart showing selling interest at the first white arrow and buying interest on the second arrow. Don't think we'll see a definitive direction ...

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

Interesting bulls v bears — Some strong buying on today's move lower. Think there were some orders sitting at 148. Every dip been bought so far, but selling is pretty stubborn too. I'm short for now.....

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

Good morning tigers! Looks like a day of flip flop coming. I think a sharp shock lower is likely before another crack at 150, but we'll see. Trading the charts. Reasonable news day too.

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

lol — OR, you keep your money in your pocket until a good opportunity pops up. Honestly, the next 50 pips are a coin flip either way, so why risk it? I'm off to bed. Good trading guys.

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

Not sure why the laughing smiley, 'cos everything you've stated is true. This is the surest way of losing money over the long term. Your intelligence is looking for answers, when they are staring at you from your chart. Great, but don't ...

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

OK then,I think you should stop being influenced in any way by earnings reports.

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

You're thinking again. Need to break resistance on some reasonable volume. No time to give your money away. If we do pop above the previous high, it's likely not to sustain...... yet.

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

Pullback — A pullback is to be expected now. Dow broke 10000 strongly today, ES tested 1100 and both GY and AY have tested Fridays highs. Not rocket science, just trading the averages. BUT, upmove is still strong IMO and I have detected some ...

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

good — One thing i've noticed about your trades is the amount of times your SL has been hit at b/e+1. Says to me you're picking direction well, but do not trust it enough to let it breathe. There is no magic solution to this except ...

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

Yep. — Broco is excellent. I've compared it to Malcolms posts ever since I started using it and it's very close...... and free. Well, looks like the weekend quotes were hit after the open and have now reversed.

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

No — No, it means their self esteem does not get in the way of their trading decisions. They EXPECT to be wrong, whereas people with high self esteems had huge problems accepting it. Only you have the answer man.

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

In theory — All well and good in theory, but.... How do you know we're at the top? How do you react when you've been wrong? Is the market bullsh1t or could your mind have been clearer? Whose fault is it that you've lost money? Is your MM what ...

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

Exactly — Honestly, there are a ton of books written which specialise in trading psychology. You should do some investigation. Intelligence has very very little to do with successful trading. I did read some study which indicated that people ...

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

lol — Yea, maybe you..... and BigBruv. Wonder what he's been up to.

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