Richard! — It's the future.

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

Thank you — Apart from 1 or two (not including me) it's been like a chimpanzee's tea party while you were sleeping...

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

Preceded by a sharp climb in this pair.

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

No, but — Some of us holding short positions want to believe you. So you mean this support ma has been broken and now acts as resistance?

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

or here... on ff — http://www.forexfactory.com/showthread.php?t=3266

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

That measly little thing? — Sorry but I have to take issue with the pin bar. It doesn't scare me. The one on the weekly is much more interesting...

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

Re losing your trendlines — I have experienced that. Are you using an EA which draws in trendlines, such as Demark? Some of them redraw trendlines and don't care which they erase. Hope this helps

4 Hour Strategy (MACD)

Re divergences.. — With refernce to my earlier post regarding divergences, I have to make the following corrections: Not the 4 hour as I stated but the 1 hour and the daily are showing bullish divergences on most oscillator type indicators. ...

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

What?! After the last one I posted? I was clearly wrong and don't mind admitting it. This pair is calling me a liar. Needless to say, I won't be trading until well into the US session.

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

Different view... — A diiferent view of the channel recently posted...

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

I am in agreemeent. Shorts should be wary. There is some considerable bullish divergence in the 4 hour.

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

NY closes in 20 minutes. Asian session, Tokyo, opens in 3 hours or so.

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

Thanks smikester — Why don't you post more trades?

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

I am currently short. SL 241.38. TP 238.91

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

don't like shorting it, but will... — As we all know, the carry trade is far from over. But. This is a correction which anyone can see - just to look at the weekly which was rising too fast recently. Can't blame anyone for hesitating to short. ...

Daily GBP/JPY analysis

Great thread Auslanco! — I really appreciate your level headed approach and efforts to pass on your experience and wisdom. Good stuff

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

Barmy — Well said WHT. Couldn't have put it better misself.

Forex can be easy if you dont trade the GBPUSD

USD/CAD — Yes I took this trade (USD/CAD) but it's a dodgy one because yesterday's upward move was the biggest it has made for some time. It may have been too far too fast and if so, all well and good for this trade, but pretty much everything ...

4 Hour Strategy (MACD)

Bemac — Great strategy Bemac. Thanks for the information.

To Trailing Stop or Not To Trailing Stop....