Brother, what I would do (I am not recommending that you do this becuase anything can happen and I cannot take responsibility for anyone except for my own trades). If I didn't want to close my positions (which I would) I would buy into a different ...

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

Hey Aus, Would you recommend using ADX to ascertain if a market is trending or ranging?

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

Could you please tell us what exactly do you have? At what price (s) did you enter? Are you long, short? If anyone here knowledgeable could reply, we will but in this forum, you trade at your own risk. Take care!

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

The Dow is Falling — The dow is falling curently @ -3.01. The Nasdaq and S&P are also down.

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

Fukui Will Keep Pushing for Higher Rates, Defying Abe and IMF — Aug. 20 (Bloomberg) -- Bank of Japan Governor Toshihiko Fukui may say no to an interest-rate increase this week. It won't be his last word on the subject. Even before the market ...

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

Good to hear that your safe. I've done worst to keep the trade going.

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

Patience my brother. We will have those weeks

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

If you are using the MetaTrader plaform from Windsor Direct, they give live prices / charts for the Dow, Gold, Silver, Oil, Coffee (I have to have my 8 cups a day)

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

Haven't used mass transporation in years in New York City. I think that I'll start preparing...

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

Yeah, I feel the same. Even if we still see an upward movement, I will be scouring the markets for any indications. What the Fed has done is to pacify the markets.

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

Bill, it is all about compassion for our fellow man. Only those who have been there (no light at the end of the tunnel will know) know how it feels. hang in there, Never Give In and always remain hopeful. Take care!

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

Thanks — Thanks Karm. I have been having a difficult time in applying FIB's to my charts. Now I have an idea. In applying a FIB's to weekly and daily, how do you determine which high / low's to apply them to?

Karmo's trading strategy trading GBP/JPY

My prayers are with you brother. I pray that everyone makes money and learns at the same time.

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

Yeah, all professional traders say that trading is boring. I just try to have a good laugh while trading.....lol

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

The problem with you gentleman is that you twist / take others words out of context. We all trade at our risk. I do my own analysis and if I feel comfortable, I trade, otherwise, I don't. For those who don't do their own analysis or at the least try ...

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

Well Said Brother! We all trade at our own risk. Those who follow blindly without doing their own research and analysis are bound to fail. Aus, Karm and yourself have brought to this thread different aspects of analyzing trades. There can ...

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

Well Said!

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

Have a good Weekend! — Everyone have a good weekend! Great week, More to come!

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

I totally agree with you!

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

Yeah, sure, I don't find any misery on this thread only happy camper's.

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