Its picking up highs as we go into the London open - if I wasn't already short at .85 I'd take up a shor position at this point. It should start to bend and come down in the next hour.

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

Yes it did - and the 1H doesn't look to good for the shorts. I hope it starts to bend as we go into the London open and maybe make that direction downwards.

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

u da man

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

Supposedly price will try to go bak to the 5SMA or as near as possible to it - thats where one might enter. I would enter at somewhere around 240.25 if I was to take that trade.

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

But then again the 1HR momentum is pointing sharply upwards - so I'm for an upward move in the next hour or 2

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

So whats the story with that 'weekend gap'. Happens often! or just a hunch?

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

Never go against the trend - believe me - I found that out the hard way last week. No matter how tempting - DONT DO IT

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

Hope u get well BR - looking fwd to ur insights

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

Pls do. Will be anxiously waiting!

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

I have an acc at fxcm - can we have that set-up for third party execution? Not interested in a demo account - would like to go with a real mini.

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

How about the demo account with CMS - VT platform?

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

On MA which SMA's and EMA do you use on the 4H charts?

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

Hooooo - milli seconds - definately hanging out with the right crowd here. thanks Aus for the tec insights. Adds a different perspective all together to my world of FX trading. Never cease to amaze me A! Thanks and like Mike says stil hanging on to ...

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

But then again looking at the trendline (weekly) from April 06 - it looks like the upward trend is still yet to be broken at the 237 range! Hmmm!

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

I also see the weekly trendline since last february has been broken. So am thinking its more of a reversal in the trend for the comng few weeks? Can that be the case?

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

So on the GJ the larger trend is up whilost the trend we are now in is down. When can we consider the larger trend to have reversed? Are we witnessing some of the carry trades unwinding or is this a trend reversal or just a correction? How can we ...

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

Same thoughts here - couldn't agree more.....

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

50 pips below your entry point? or below the new 50 trailing stop point? Can you give an actual exampe with figures?

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

Is it advisable to be trading on 2 different strategies at the same time at any given time on one account or would you recommend trading a single strategy on different account? Looking back at last week I noticed I was opening positions based on a ...

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

Glad to be here and lookning to learn and possibly make money in the process - so please don't sut down too much on the signals! I also want to say I feel like a little kid who just got a bunch of presents and can't wait to open them. Haven't had ...

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