i actually think we will see 231.10 (50%fibo) today and possibly more

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

yes a sign of indecision but the higher the timeframe the more probability of a reversal. if this wasnt rate decision day i would be looking for a short entry if i wasnt short already (no position currently)

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

yeah but that doji at the top of a bull run? hmmmm

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

thx

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

thx Z, thats a high % but very similiar. i may just start another account to shoot for 10-15 pips p/day. the guy i learned from does that

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

uncle, is that a bullish bat on the 15min

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

3 mini lots btw. hopr no one thought i meant standard lots

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

gotta go be back on and off after 9am est. maybe sooner. good pippage to all

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

it was a plan that was traded with a company i am no longer with. i will let u do the math but it was something to the effect of: starting with a 5k account, trade at 3%. i think it was 3 lots the first 4-5 weeks then increasing lot size according ...

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

fer, do you use a breakout strategy? or just trade the high/low breaks.

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

1 hr mom's are bearish, 4hr 1c and 10c are bearish and 14c flat. i am hoping for a retracement but it may just be consolidation/continuation

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

i hope you are learning, however. most traders blow accounts initially, at least i did, so i feel your pain bro. my advice would be to go back to demo trading. get a 5k or 10k account and trade 1-2 mini lots until you double your account or trading ...

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

looks like we r headed for that area but the ideal set up for me would be a retrace to 227.50-228 prior to rate announcement then a bull run to the 231 area (50% fibo of the last swing high at 240.50) then a nice 1000+ pip drop

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

uncle, using that tool is the sl set above the box?

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

looks like the beast is trying to close above 229.50 on that good news

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

no expectations just yet just watching price. i have been out of the market for the most part (trade the eur yesterday and remembered y i stopped trading it, had a range of about 3 pips LOL) with the geppy giving me head fakes

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

i saw that on my chart as well uncle. been watching price for an hour consolidate there

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

hey karm i agree that we are definitely in overbought area but IMO there is just a retracement due not a fall just yet. the last rate cut i think the geppy moved up about 300 or so pips follwed the next few days with a massive fall. we may get that ...

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

unreal breeze. u were down hundreds of pips for multiple days only to see all profit with interest. what patience in trading your plan. great job hope u r better.

Breeze....Update on GBP/JPY

alright now. who's longshort with me?

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