When I started writing that post there was no wick, 10 mins before 4 hr close..NOW it formed just to mess with me!

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

4 hr candle is about to close with a very small wick, as in nothing to push it backover 129. A bearish sign i suppose.

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

Attacking the low with a vengance, look at that 60 min candle about to close, and during Aisa. We maybe dun messing around with 129.

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

Now that song is in my head..good trading music.

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

spoke too soon..caught 29 pips on that drop. Good enough.

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

80 pips up, 80 pips down with annoying fib responses. Now what, consolidation? I'm begining to hate Aisa session. I didn't trade.

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

Yup, buyers are all over this now imo.

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

[quote=Dr.Geppynius;2477614]

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

but I used a "&" instead of the c. Dr. G is the one who said a no no word..to a woman too!

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

[quote=ukdaytrader;2477597] Ok, that's an issuse..anyone know about an "official" correct time for 4 hr candle to close?

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

You are a sarcastic Fu&ker, aren't you. lol.

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

Maybe it's a timing issue. My next 4hr candle closes in 1hr, 15 mins. image

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

Don't make me post a chart, I'm too tired, lol. Reflective of it's spread size, 2 out of three of the last red candles are at least 60% wick on the bottom, no? Looks like we got another one coming too. Just what I'm seeing.

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

I admit to rounding my pip count to the higher whole number sometimes.

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

4hr chart..the last 3 red candles have huge pins stickin out the bottom. I haven't seen pins that big since we came off 129. ..saucy buyers? Either way, 132.20 area is a hard nut to crack right now. On the sidelines.

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

I think Karmo is tied to a chair while some nut job is making his posts.

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

Geez, made 200 pips in half an hour, with the biggest position I allow myself. Thanks for the heads up guys, I was looking to go long earlier. Just Lovely.

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

Waring: Not an informative post. — AWESOME!!!!

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

to me, cutting losses at a resonable drawdown % everytime is a sign of disclipine, as is allowing wins to run when you can close now for pips, cause you system says stay in. I am finaly learing this. At the end of the week, that 600 pip runing trade ...

What is drawdown success in terms of growth and volatility?

You mean "Blow up" as in blow the acount? anyway, I'm talking about trading larger time frames daily,4hr,1hr using gann. That means I am trading with the larger trend, so I will always leave at least one of the original 5 postions to catch the trend ...

What is drawdown success in terms of growth and volatility?