haha you make it sound so easy i need to take some time to learn vsa properly

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

yeah I expected to lose money quickly on the position when I put it on haha. however gj broke out of an inverse head and shoulder on 15 min bars....question is what does that really mean on an illiquid trading period, probably not much also gold ...

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

buying has definitely stepped in...interesting to see if it can hold on that pair

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

both pairs moved in my favor faster than I expected.... i'll set my stop loss to break even and see how it reacts to resistance levels on both pairs nice way to start the week

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

I'll try a pair trade here... short audusd which has been killing the dollar and formed a nice pinbar on the daily last week and long gbpjpy which has been sucking tits for weeks.... i want to be long gj as a longer term trade and the short aussie ...

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

1 year with 50 and 200 ma's... slightly longer than what most traders here use but I can change the time period and ma's if anyone requests

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

fear/greed — i found this bloomberg indicator somewhat interesting.... unless you feel something fundamental has changed in the trend of the pair, buying on elevated "fear" levels was a relatively good trade for 2-week trades or longer... ...

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

ROFL!!! If the market is in recovery mode, why buy lagging dividend stocks that are defensive? CD's are exactly the same as treasuries too... geez, maybe if i put on a bald cap and roll up my sleezes i can get a show too

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

the support in gj was sliced through like a knife i suppose buying is relative as well... i meant buying the pound versus the yen

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

where'd all the buyers go lol

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

As far as CNBC goes, Mark Haynes and Santelli and the only ones that somewhat understand the markets. As soon as power lunch comes on I start jabbing forks into my eyeballs.

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

I think unfortunately people like Dennis Kneale sometimes end up being right, but just for the wrong reasons. Everything right now is liquidity driven and dips are being bought regardless of the outlook.

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

funny how gj begins to sell off and all of a sudden people post who "have been short for days"

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

He probably has 10 billion yen short from 3000 pips ago he's decided to unload to use the cash to buy lots of steak.

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

50% retracement from what levels?

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

i wonder how many guys over-leveraging just blew up their account on that move higher....

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

great chart.... that was the best input i've seen posted here all day keep up the good work man!

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

where are you placing your stop if it ends up being executed?

Cable Update (GBPUSD)

ill try a short at 151.65 for the 15 min doji on light volume.... seems too easy though haha

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

i would respond with another bet on your bet but it'd probably piss off a lot of people

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