whats up HK, i got an email from Jason, I CANT WAIT!!!!

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

if yu are short and in profit just trade your plan. if you are long and in the red trade your plan

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

if you r a newbie be patient and let the dust settle, dont just jump in thinking you missed the trade.

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

not that i am a fx guru, though i wsh, but i thought we might get that spike, not that far down but i thought it would drop so i entered at 1/5th my normal lots (planned on adding on the way up)and was down over 100 pips. man i was so calm because ...

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

yeah i used to be a glutton for punishment and get in on the break only to see it go against me 50+ pips then have to waith seemingly forever to get into profit then close it too early in profit. talk about emotional rollercoaster

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

yeah but i normally dont c that much resistance on the geppy at that fibo

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

what i like to do is take profit when i am unsure then get right back in so that way i dont lose the pips if it goes in my direction or if it goes against me it is house money. helps me to stay in trades longer, all psycological for me

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

lol already took 54 pips off about 30 min ago. thinking the same thing

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

or the market players are telling us they are shorting this week

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

man 225 has been tough to close above today

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

no problem bro

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

i would think initially 224.20 area since the last mt4 4hr (red) candle closed there and the new mt4 4hr (blue but will close in 3 minutes) has a wick from that area but that doesn't mean we cant go back to 223.60 area, IMO

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

i got an arrow w/a green dot on my 15 min but this could be an initial touch of the 4 hr 5 sma (aqua line) 225.05 area then bounce down a little which is lining up with the 5pm est triple interest timeline

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

ok then now i understand, i personally look for higher timeframe confrimations for bounces and generally use 15 min for entry but we all trade differently so no problems here bro. may the pips be with you

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

yeah but you said serious longs, that meant my 1/5th of a position was ok

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

stop it m2b, stop it and don't put up one of those crazy pics either (well, ok maybe a pic)

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

again depends on timeframe. if you use a daily and we go down to 222, for example, but close at 224.50 then the next day the daily closes at 228. is that a bounce? same for 12hr, 8hr, 4hr, etc. you tell me. we may very well be on our way to 219 ...

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

gbp/usd is looking oversold, could see retrace to 1hr 5sma but dollar is looking strong today

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

man didnt realize the gbp/usd had dropped 300 pips. guess thats what i get for having a job (not for long hopefully)

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

i don't know if 3min between postings is enough time to qualify anything as a bounce or not. unless u trade off a 3min chart.

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