Yeah, love the exit points on this strategy. Here's a much better video which, incredibly, has sound! video

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

We're right on the Gann now, my 4H bar closed below it but we seem to be heading up a little at the moment. Anyway, if you hadn't already noticed these trendlines on the 4H they're probably worth taking a look at; both (lower channel line and dark ...

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

So many words yet so little said. Roald Dahl wrote stories for children, including BFG, James and the Giant Peach and Charlie and the Chocolate Factory. I'm not sure whether he played any part in the creation of this particular indicator, which ...

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

Very unlikely to change it anytime soon and nobody expects it to. Eurozone hasn't been effected by credit crisis to the extent of other nations and inflation is still above target rate.

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

This latest drop in GBP/JPY is the Yen increasing in value (ie. carry trade unwinding) rather than GBP declining in value as we saw earlier. All in all, it's been a very bearish day, yet if you looked at the major indices which have performed very ...

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

.......why make it then? Has it advanced the collective welfare of the users of this forum in any way? No. In future, please refrain from posting such nonsense, Yours sincerely, The Forum Police.

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

Thanks for pointing that out Zoheir, well worth noting. I must admit I got caught out today, thought it was going to be bullish for a couple of reasons but hadn't really factored in GBP devaluing so heavily. I'm sure there's a lesson to be learned ...

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

Rejection at the DP (pink line), monthly pivot and the 4H 5sma high, taking a breather now. Not sure whether the market has the impetus to get through such substantial resistance at this time. 30mins till this 4H bar closes. If it stays at this ...

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

What I meant was who is the demo broker who supplies the feed for these charts? It may be the case that they have lapsed, or just temporarily frozen. It might be a blessing in disguise - get rid of some of those indicators that were cluttering up ...

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

Who is the 'broker'? Are your charts frozen or is the trading platform frozen aswell ie. can you open/close trades? It's happened to me a couple of times, try logging out and logging back in. Check that you haven't selected the 'offline' chart ...

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

I think it was Mark Twain who said that.

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

I was fully expecting to see our 50 fib hit at 231.5 today, I can't see this bullishness in the markets lasting out much longer as to me it seems completely irrational to be positive about a rate cut to boost an ailing economy when it has been ...

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

url It's 3 hours long but if you're interested then it's time well spent.

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

Could be my friend, we could well be! Shifted my stops to +10, now just wait and see how far it goes.

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

From Tradethenews.com: Not too much to read into Bernanke's comments apparently, but if Nikkei shows signs of moving up then I expect GBP/JPY to head on up aswell.

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

Thanks for clearing that up..... I think. In a literal sense the opposite of divergence is convergence, but the principals of divergence and convergence that we use on our charts aren't necessarily opposite.

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

Isn't 'inverted divergence' just convergence?

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

Wonder where Karmo went? video

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

Volume = 0 on that one I'm afraid!

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

I want to see a decent close below this 15m 5sma low, a signal I'd accept to go leave a short position at least until London close. Then I might see if I can grab 40 winks! PS. beautiful acoustic PC, enjoyed it immensely.

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