Here comes the new week, let's make some pips

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

Hi everyone Thanks Karmo for this thread , it's really helpful . If i can be of any help , just let me know Seb

Karmo's trading strategy trading GBP/JPY

Thanks everyone for your precious help and advices. Enjoy your week-end and be ready for the next week See you on monday..

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

Oh the fall was too obvious , wonder why i didn't short , i was too scared

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

Next Tp : 229.90

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

Yeh , i guess most of the people made that mistake , it cost me an account once

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

You should have closed your position earlier dude. You did the same error as me before , you don't close your position and you hope the market will go the other way. And put some Stop Limit as well , so if the market goes against you , you'll be ...

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

ALL is reached , what a sweet day

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

TP 228 reached , now let's go to 228.70

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

I'm not Aus or Karmo , but i think it'll pierce through it , at least until 228 But i may be wrong

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

Already 300 pips made , that pair is going so fast

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

And the Dow is back to +13000

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

My first tp 226.40 reached , cool

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

I'll go long again when i'll retrace to around 224.50

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

I already went long at 223.80 with a little TP at 224.50 cause of a fibo line If it close above it , i'll strenghten my position otherwise i'll close On the 4h there is a bullish engulfing pattern confirming an old support and i noticed a divergence ...

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

I'll wait Asian session too cause at the moment the market doesn't seem to know his way

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

Go to sleep dude , take some rest , there will be plenty of others trades don't worry. If you try to rush on all trades , you'll just keep loosing like i did once

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

Hmm... if you look at the momentum 1h you can see that when it goes above the 0 line and goes back below it , it seems to be a sign of a bearish movement or a bearish continuation

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

And indeed Karmo , there is a high probability for the Dow to reverse Pin-bar, test of the 68.1 fibo + lower trendline and close above both , divergence noticed as well. Let's see where this baby will go

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

Just went long at 226.65 TP1 : 228.00 TP4 : 229.50 TP3 : 231.70

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