Sounds dangerous to me. 16% drawdown to me is BAD, if you come out with a win your are lucky THIS TIME, but one bad week and it will take what..a month to makeup..with even less margin to work with this time. I know from experience..now, I'm all ...

What is drawdown success in terms of growth and volatility?

4hr gann just flipped.

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

some bearish divs showing up on smaller time frames.

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

Bottom picking will get you nothing but a stinky finger.

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

which way is this thing gonna break..any bets? i'm short, tiny position.

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

really? now that's pro.

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

good call dude! more pips? ...g/J is so generous today.

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

what's up Malcolm..how many lots did you put on this short?? alot? gimme a hint. I made 20% on my account, the tiny one I have on the the side lol.

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

I love it when a plan comes together (my plan was to sell)

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

It happens all the time with the beast. I am not expecting retrace before 130. but i could be wrong..look at aisa today that was a chance for retrace but didn't happen. Don't let the fact that you are holding longs cloud your judgement.

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

i shorted the crap out of it. My eyes/brain get a break from the damn charts and indicators. next logical move is to retest 129.80 yes?

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

woah, what the hell was that..crazy PA. g/chf shot up.

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

yay! is it bye bye g/j time yet?

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

I think karmo left..here ya go.

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

oooh..g/j daily gann in jeopardy.

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

Thanks, Master M.

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

Little test here... I noticed during this dead Aisa consolidation, that the G/U volume is generally higher on "up" or green bars. This leads me to believe that the smart money is accumilating longs here. A long position breaks a few rules..this is a ...

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

chickened out and closed at 151.60, lol. made 60 pips since open..dont get greedy.

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

shorted G/U @ 151, target 150.10 which is .382 fib of last weeks move up.

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

G/J is on exactly 50% fib of last weeks move up atm..took 30 pips on the way down but closed because this to me is a deciding point for direction, maybe.

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