my view of the market — We saw an ATR signal for a retracement in end of the past week, so i added another sell order. I have short 2 positions so far 1. @929.13 currently -2,511 pips 2. @957.80 currently +375 pips with a TP - 948.50 With the ...

Gold Discussion

Can please everyone fill out the sentiments bar on their profiles, so we can get a basic idea what the middle-turn bias of the people in here is

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

Hang in there and don't lose optimism, I'm sure you can analyze what went wrong and how you can avoid it next time. Getting back to demos is pretty much a time waste to me.

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

do you trade gold as well ? What are your expectations ? $1000 ?

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

I can't really say, I have a sell at 929.13 , it's -1041 pips so far, so I lost a bit of my bearish sentiment. Experts expect prices to reach $1000 again, technical analysis doesn't exclude this possibility. It's pretty much up to the news now, I'll ...

Gold Discussion

Strange thing that the gold is falling as well ... not as heavy as gbp but still ... and good thing i closed my short eur/gbp for 40 pips few hours ago Anyone know a good gold threat on the forum, i couldn't fine any descent one.

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

Gold fall

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

yup, Geithner talking = USD weakness = Gold up ... if they ever want the usd to be a strong currency again, they have to kill him. There is no room for compromisses.

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

I want to break Geithner's neck Every time he opens his mouth gold prices jump in the heights.

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

I cashed in some of the profits, would be glad to see a small retrace soon, so i can jump in the long positions more heavily

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

Agreed

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

It's very simple, don't fight the swap. you can always hedge with long aud/jpy (as i do) when shorting the gbp/jpy. If the short trade is a success, you can close it with profit and leave the long aud/jpy in minus, cause you know that it will get ...

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

You can easily trade without a stop loss if u use low leverage and 0,5 % of available margin per trade. The only thing that can kill an account is the greed, if u aren't greedy you can play the game without using SL-s.

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

Generally he said that he has no idea what will happen, but he expects cpi under 2 % and that he has a lot of thinking to do. He expects new proof in the next 6 - 9 months, probably no changes in the meantime. Spending shouldn't improve in the near ...

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

King will go thinking and we can buy cheap gbp meanwhile

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

I'm still on the bull's side. GBP & AUD long. I expect a big move up in the next 2 months and target 163.50 until the end of July.

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

I wouldn't short now, no matter what. Until the end of July we should get at least 1600 pips more (the 163.50 zone) from this up movement. My system is based on statistics, not on charts and according to it, I have roughly 76 % chance of success. ...

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

I see what you are talking about, i had the same thoughts, but i find it too risky to short em right now.

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