SL 235.33? I am assuming typo. right?

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

Hmmm. I thought the other way around. Good US News, EUR will go down, pound will go down so will GJ Bad US news EUR, pound will go up and gJ as well.

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

I have started concentrating on EJ past few weeks, exactly for the reasons you mentioned. I see the overall downtrend continuing after it turned back from 158.92 area. However, 8.30 news can set the tone for a big upward move. Do you use any ...

FXEZ's E/J Gravy Train

Interestingly enough, 1 hour SMA currently away from the price, where as 4 hr SMA is almost current price. Usually 4 hr sma is further away from current price...

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

looks like it is heading south

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

Will it break this resistance?

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

I am on the same boat. I thought, after this morning's reversal to the up side, it is going to back to its pre-crash values. Huge stop loss and it took it out. Only thing I did different was I placed a small trade on gbp/JPY on the sell direction ...

4 Hour Strategy (MACD)

Excellent post David. It always amazes me to see how some of the professionals do really care and put in effort and share.

The Biggest Challenge: What will YOU do?

I am assuming you are writing this in response to my post. Thank you. So. you mean this dollar strengthening is a temporary phenomenon and Euro should shoot back up. But before that, how low you think Euro could go, based on your analysis.

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

Markam I still don't understand why the stock market crash causes us dollar to go up against other currencies. Is this particularly for carry trades? I see Euro going down as well. why do you think this is the case and how far low you think Euro ...

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

Very valuable. Every trader should read and evaluate himself /herself on a regular basis.

Destructive Patterns in Trading

Scrat, The kind of divergence you are highlighting should mean price should go up. right? Unless my 'fundamental' understanding of the technicals are screwed up..

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

Can you believe the spread is 23 pips for Usd / NZd pair in FXDD????

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

FXDD has skewed the price by 10 pips compare to MT4 feed only GJ Unbelievable! I see the trade going in my direction in MT4 and the balance in FXDD going negative!!! What to say about these AH's

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

You come up with great idea and call yourself deep trouble? I am game for this idea. Thanks

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

I closed at 231.10 Not sure why .. Greeeeed or Fear?

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

I am short at 231.65; under day's low

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

I think it broke to the down side. I guess we can go short

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

Closed at 231.80

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

Thanks. you think it will bounce off 231.80?

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