clear enough, OrionsWay and malcolmb14, thank you guys

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

yea that was stupid! now i understand, thanks edit: and that would be the same if it closes in the middle too right?

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

and what about if we see decreasing volume as it approaches that support and on the support a high volume pen bar appears? does that also mean that support may cave in?

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

missed my tp by 1 pip 2 times, and then it hits my sl at +1 2 times, and then it shoots in my way! am not trading this ugly market today!

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

what a noisy chart with ugly volume bars! dont you think?

Majors & Exotics [EUR / GBP / JPY / CAD / AUD]

selling at 136.75 after no buying interest and now we have no selling interest :S

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

i have a question for you guys, is this the new market behavior or its temporary, if yes, for how long you think its going to last?

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

in fact i have before you mentioned it, it was due to stopping volume on M5 chart, but as i told you still im not able to decide a good TP point, so closed early

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

this might be a stupid question but what is the POC?

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

short from 138.22 based on lack of demand on m5 chart

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

if you're moving down to M1 chart then yea, but if to M30 or sometimes M15 then no, anyway this also depend on the signals you're looking for to exit

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

i wonder if you can send it to me too if you dont mind

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

nice to see you here

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

OR, dow will break 7000, bailouts will fail, and you end up crying! well, i hope not...

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

that entry was based on PA, however, added another short so now risking what mades up ~1.5 of my account, later folks..

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

took a small short with stop just above R1

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

man your hypothesis made me talkin' to myself! gbp is weakening against dollar, i guess somebody bought dollar rapidly OR, gbpusd been sold rapidly, both will give the same result

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

anybody care for monthly pivots? because while looking at daily chart i've found that the latest upmove stopped on monthly R1

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

yea lol ..

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

green ecalendar today

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