Auslanco - GBP/JPY and GBP/USD (newstrade)
Still no signs of reversal.
good mentioned ... nice charts as always my friend.
playing with the gann fan..... what levels are u using???????? how do u decide????? do u just curve fit it?? like this??????
Hey Jim, are you keeping your shorts from 210.60? It has been a nice break down for me so far ... 360 pips and counting ... targeting 205 area with protective stops in place.
Short @ 206.92
Possible considering that price is oversold on all the smaller TFs. However I like the 161.8 better.
Short @ 206.92
:surprised please ...
LONG 206.86 stop loss set at only 35 pips good luck e1
small sl bro. i'm thinking of longing here as well but with 1/5th position and stop under 161.8ext. but i might just go to bed.lol
Hedge is not good. I've already tried that. Closing the hedge can become a nightmare most of times. It keeps you away from clean trading and wastes your energy.
Additionally the temptation to close the winning side of the hedge when it is well into profit makes the condition worser most of times, because you close it in the wrong time and wrong price then you hedge again when market continues against you.
This makes only the distance between two positions wider and closing the hedged positions more difficult, specially on this pair. Try to cut loses short and go with the trend.
Just my humble opinion ...
stop at breakeven again... i love forex!!! ha ha ...... will close it in profit one way or the other....if PA tells me it going short again i will take the quick money and run ......
this is fun!!!!!!!!!!!!!
stop at breakeven again... i love forex!!! ha ha ...... will close it in profit one way or the other....if PA tells me it going short again i will take the quick money and run ......
this is fun!!!!!!!!!!!!!
