url I closed my shorts from 128.70-129 here at 128.20. Calling it a night. See you all in a few hours.

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

You read that article on how the Yuan's appreciation would actually be better for the US economy in the long run than QE2

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

129 is acting as strong resistance (as of right now can't seem to break it) and this bounce from today's lows looks pretty weak. I would like to see 128 tomorrow, we do have JPY news later, not sure if that will provoke any JPY longs/shorts.

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

We going to see a drop to 128 in the near term? image

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

Lol good to know. So I guess after 2 years of trading (profitably), I just got lucky the whole time, good thing you're telling me, I should find a new occupation. Thanks for the heads up!

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

Luck eh? Is that because I have no vouches thus can't be skilled? I posted my chart, and why I went long, I didn't go long because of the upcoming news, I went long because my chart said take a long. Sorry if I read it differently than you, doesn't ...

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

and I got laughed at for going long a little early with a target of mid 128s.

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

I closed some longs 128.60. Played a few shorts at 129 for 10-20ish pips a piece. Looks to short again.

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

There it is!

Daily GBP/JPY analysis

Jeb, I've been eying the mid 128s since Friday. So that lines up with your yellow a and downtrend line. We'll see what happens tonight/tomorrow.

Daily GBP/JPY analysis

Yes I did get my answer. It didn't go to where I wanted, but I bought Sunday 3pm EST in anticipation of the gap being filled, and closed my positions for GREEN. Wait, is positive pips good or bad? I'm long at 126.80 now, SL protecting 20 pips.

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

127.50area has held up pretty well past few days, thus I bought. My TP is based on the channel. Like I said, I don't trade for tons of pips, I look to make 2-3 trades a day, between 20-30pips each. Do I miss out on big runners yes. It's part of the ...

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

You seem extremely concerned with my trading style lol. Let it go. I'm long GJ. You don't agree, that's fine, it doesn't bother me. I trade my way. Not your way. I've been trading this way for a long time, so really, don't worry about it lol. I will ...

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

I use S/R levels on the 15min for entries, and trendlines on the longer term charts. I entered long, with a take profit in my area. Let's see what Sunday/Monday brings.

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

Time will tell. I trade what I'm comfortable with, and for the past 2 years I haven't had any problems remaining profitable. I don't have 100% accuracy. I posted my chart and the channel because I've played it for a few weeks now. I enjoy the other ...

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

What I see... image

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

I've made plenty in FOREX, once again thanks for your concern. Losses are part of the game, so yeah, I'm not going to start whining if this trade goes against me. Thanks for the Saturday laugh.

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

Lol, I'm willing to take the risk, thanks for the concern and I'm not new to the forex world

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

I still think we see a move to mid 128s. So I'm long. If I'm wrong, it's just money

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

Looks like a possible W pattern as well.

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