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

sent u a pm...

Me no trade yet

Me do, LONG

Orca

Could you elaborate the reason? Since the morning news the NZD is off the cliff, if FXCM's chief's words are true it's the leading indication for Carry trade , of course she can make mistake time to time.

238.67

Momentum
London/US 8GMT to 16GMT.. choppy-bullish. Still no clear/steady direction.. sudden bullish spikes followed by large retracements between 8GMT to 12GMT. I'm staying away

I don't like this slow price action, the brits are boring today

The Brits are alwaz boring..baby....

I Short Now 239.80 Target 1 Tp 238.35, 2tp 237.84..........i Think The Last Candle Is Reversal Candle To Downside ......then The Stochastic Already Overbought ..



Ps..trade Its Ur Own Risk

Hi Karmo, I still see a lot of up movement from my chart. How's your and Zoran's prediction for fall building up? Momentums, TL, Stochs and Macd's are not looking good for my shorts

I'm still bearish biased unless we get a close above 240.50+, I hope we get some nice action soon so we can grab some pips here

I'm expecting a good short trade (quick 100-200 pips)anytime between 16.00GMT(12.00EST) to 22.00GMT(17.00EST).

Aus, with 15m strategy ? or other short term trade strategy ?

Nothing has really changed with my positions. I'm still holding shorts for the longer term with the main target being around the mid 231 region. I may take some off at 234 and hold some for a potential 221 target though most will be banked around 231.5 should it print.

Now, if this upward move continues and exceeds the recent high 240.50+ then I will start to reverse my shorts into longs with targets of 244, 247 and holding some for a potential 251 target.

At the moment we are at a faily strong brick wall (grey line on chart) that has normally taken about 2 weeks to break, so being on the underside of the wall I will remain bearish but gradually turn bullish if it starts to fracture. At the moment we have been lingering around this wall for a week and we should find out this week whether it holds or breaks. Either way, I believe the deciding move should be a big one.

In the mean time, I will enter intraday moves as I see them.

Hi Aus, Please share your predictions, it's becoming more interesting. You almost hit bulls-eye with time prediction too. Price is one deal, but when you start predicting time like Wizard of Oz, it's uber-cool, wanna learn that too, have you considered sharing the method? (I heard you saying it's complex )

There's Fibonacci-time on my esignal- tried it twice, doesn't work in TF - i've used (4H) though, if it's trending it might work out, need to check it later maybe on higher timeframe. Any of the Fibo guys use it?

Aus,I am with you since you started to share your strategy in the GBP-JPY thread.I also was in contact with you on Yahoo IM.I am very nice educated in FXtrading thanks to your system.I hope to meet you once here in Sydney or I will come to Perth one day.But................... CAN YOU PLSE INDICATE YOUR XTAL BALL PREDICTIONS?????????????.I really like to learn how to predict this too.
KEEP THE GOOD JOB UP AND THANKS FOR YOUR TRADING EDUCATION.
THE SAME COUNTS FOR KARMO!!!

Price bounced off R1 (240.26)

went short @ 239.91 another "limit sell" waiting at 240.40

hi guys
aus/karmo--u both holding shorts?? why?
this thing has the potential to shoot up another 100-200 more pips
be careful
although strong resistence at 240.50

ps--did anyone witness fxcm screwing prices around??

I did, but it actually happened at GFT and Oanda, as well, at the same time. I'm in a chat room and we all verified it.