By the way guys, the same applies to USD/JPY.

AshFX Daily

How long have you spent trying to learn and trade?

Tired of losing money in forex

I had a feeling Cable might have done this, as I mentioned a couple of days ago, thankfully I didn't enter.

Cable Update (GBPUSD)

Man the geppy really knows who to tease that trendline!

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

Yes, you are correct mate. Everyone should have closed half of this position, and moved the other half's SL to BE. Let the remainder ride with the AO!

AshFX Daily

Good going mate. We're in decent profit for both USD/JPY and GBP/CHF.

AshFX Daily

I don't see that on my FXDD platform.

AshFX Daily

The problem is if you're going for just something like thirty pips, it's makes the reward:risk ratio quite poor. Just bear that in mind.

AshFX Daily

Spot on.

AshFX Daily

It is indeed a long, but I won't be taking it, too much resistance for my liking around the 1.6550 area.

AshFX Daily

It's a SS SHORT. I'm in.

AshFX Daily

Since I am already in a XXX/JPY short, that's already in profit, I'm not entering into another one.

AshFX Daily

Hehe Logic, glad to see you in profit. Personally, I feel it's better to stick to the system, and I'm gonna wait till the AO turns green. If you want to exit now, that is entirely your choice.

AshFX Daily

Now, why would anyone do such a thing?

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

Guys, whoever took a long on GBP/USD late last week, then well done. I didn't expect it to smash through the resistance but it did.

AshFX Daily

Yes guys, I lost money on my CHF/JPY short. Let's see what our USD/JPY short brings us, currently in profit.

AshFX Daily

Lol, don't worry Navin, we've all been down that road before.

Cable Update (GBPUSD)

Dunno about that one!

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

Heh, who the hell knows anything.

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

Ok, take a look at this. Assuming this thing doesn't drop, then if the trendline holds on the Daily, your Stop will be hit on the 3rd of July. I.e. in one week's time. You say you're away for around two... I'd personally close if I was you. Better ...

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