Ho hum — Stopped out of my shorts. Wait for the next trade.

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

And not only that but we've seen the top. Wish I could have got in there, though.

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

bravado — Bored trader...

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

A bit cross — I'm a bit cross because I was conned by this lazy arsed retracemnt and am now holding shorts which could have been bought at a better price. OK I'm mad. This isn't the first time this has happened to me and I get the ...

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

Re re-quotes — Very annoying, especially when you want to get out. BUT. I trade with Alpari and like most brokers with fixed spreads they re-quote when it's volatile. I think that is to be expected. The answer is to set judicious market orders.

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

Keeping an eye on the Swissie — Consolidating for days, followed by this morning's good figures for Swiss production. Could be moving again?

4 Hour Strategy (MACD)

Morning everybody — It will be interesting today to see if this stays in the neat channel it has been carving since 13th, and also stay above supports which I see at 228.20 -228.50 ish. In the meantime I'm out. (Might do a small trade on ...

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

Thanks for that info ...

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

H1 stochastic now nearing peak without any substantial increase in RSI. I agree and I am staying short. Just needs patience, I think. Dow making new daily highs not helping. Currently short (ignore sig.)

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

Why? — What would be a good reason?

EURUSD

89 ma — Just my humble opinion. I have back tested Phillip's system over and over again (thank you [again] Phillip) to try to set up some sort of mechanical trading system which suits my money management. What I have achieved, so far, is an ...

4 Hour Strategy (MACD)

Can anyone help me? — Recently I read that the liquidity squeeze had affected Japanese banks in the same way as world wide banks. This would effectively slow borrowing on the Yen and therefore seriously affect the carry trade? But I can't ...

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

For volatility? — Let's say we are trading GBP/JPY in volatile and unpredictable circumstances - like recently. We've done all our homework and want to set a trade. What stop loss to set? A realistic one might be 200 pips, say. Well if we ...

hedge for s/l???

Bernanke talk — The news yesterday was that Bernanke said they would not let the mortgage ship sink. See this post: url and this one: url

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

Thank you. — I'm one who has read your posts and learned a lot. Along with many people here's a big thank you for that. But you're not doing it for the thank yous are you? I thought you were leading by example and setting a very good example ...

anyone need help?

Enlightening. — Thank you for posting those articles. I have read them and they are very informative. I am getting the impression that these are not very reliable indicators and should be used as confirmation of other work. I certainly got my ...

Divergences

Divergences - new lows? — Any comments welcomed:

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

Wot? No trades? — better learn some fibs or summat then, smikester. And others would be well advised to do the same

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

Waste of time? — All the small ma's are crashing together on the 4 hour chart. My experience has been that this signifies a period of ranging. Boring and tricky to trade. It'll go up at the end though. Those daily pin bars don't lie!

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