Shorting? — I would say 30 EMA on the 1h TF. But I am not going short My buy limit got hit at 203.19 on the last hour, already closed 3/4 of my position and the rest untill the trailing stop gets hit.

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

Lower — Shouldn't go lower then 202.98 if the price gets to 203.20 I am loading up with tight SL

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

Longs — Back to square one again. Getting ready to load up those longs again.

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

Pivot Points — Q can you post the indicator for these pivot points if it is possible? Thanks in advance

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

Charting — Just cashed out for a nice profit for todays trading day. Now the price has to go through all of these MA's that will be a challenge. I suspect it will definately will be brought down by the DOW back to where we began today... IMHO ...

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

London boys did their bad thing my prevous trade was knocked out with 3pip profit, good thing that reentered at the same price!!!! and again the profits are starting to smile at me.

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

A soon as the 4 hour candle closing above the Trend line I am definately adding Longs on the way Up!!! Green PIPing everyone!

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

Thank you!. THis is the third time around I am catching this beast from 203s to the upside.

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

4H Candle — If this 4 hour candle closes in 40 min above this red trend line then we will see at least 206 today!!! IMHO Comments?

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

Jaroo, can you comment on this PA formation, I am struggling with getting a hang of this Candle formations??? Thanks in advance.

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

Thanks, but I will stick with Long position, and I mostly trade the chart - I trade what I see, and I see bulls on the horison and Karm is leading the herd!!!

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

Just moved the SL to the opening price, FREE TRADE I love them!!!!

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

I tend to stay on a bright side, since the strengthening YEN reall hurts the Japan economy. Just look at this number a 1Yen advance against the dollar costing TOYOTA a 350Billion in operating profits!!! Now that is the number to fight for.....

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

Longs, anyone? — Just went long at 203.23 with SL just below the Daily Pivot S3 line 202.5 I think the London-Frankfurt reversal will do the trick of reversing this free-fall if not oh well there is alway another day for trading. Also looks ...

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

Karm is the emotion Master, if you need help ask him.!!!

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

I agree, lots of green PIPs last week (except friday, let the emotions into trading - bad thing)

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

News — So, news didn't do much, so I guess today is S/R trading day..... Buy Low Sell High, that is a motto for me today.

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

Reversal? — Famous Frankfurt-London reversal, you think this is happening today?

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

Even a broken watch can show correct time twice a day. With Forex and this forum, making a call and not supporting it by good analysis is just like betting in the casino 50/50 it either goes your way or not, and with ranging market you always will ...

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

Confidence — Why are you so confident, just curious?

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