Auslanco - GBP/JPY and GBP/USD (newstrade)
PB, are you short on €? a fake move or just a pullback to load longs until 153?
Bro ...are you talking about EU? EU I will wait above 1.5 before give massive short.
Looking back 149/150 was very strong resistance. A good part of April and May of this year, price was testing this same level, and eventually broke through.
So while waiting for price to break through again, I will short off the top unitl I get stopped out, and if I can catch a good buying opportunity, I will take that too.
Like this morning, I totally missed the 200 pip up move, but got in to short just over the 149 level and closed it off +53 pips in 2 candles..
Awesome... I know some of guys here rode it all the way down to the 147 area, but instead of following my chart, and my own plan, I was kinda of influenced by all the 149/150 talk on the board and missed out on that opportunity... However, I did catch some nice pips on the way up, not as quickly as you all who shorted, because things do fall faster than they assend, However, still was able to catch a nice chunk going back up slowly.
I've found just by listening and learning the little gems of knowledge that get passed about on here, and working it into my own plan, has enabled me turn the corner (most days).. cause lets face it we all can't day trade like malc or swing trade like Q and the miriad of great traders in between
Yes, some of the traders here are simply incredible, I hope I can be 1/2 as good as some of them one day
Now wait and see....if failed ..yes we going down .... if break 148.85 (Triangle pattern) ...next 151.
Make it simple mate.
CAD pairs all are flying ..
Forget GJ and all other yen pairs ..
Profit from long 147.60 already locked in. 1hr Triangle broken, next target 151.50 Another fine day in history
only fine if you close at 149.30....hope you did not get greedy
How was your day Malcolm? Greetings to pkmnyc, Piters.
Closed 1/3 at +145 and the remaining 2/3 at +100 pip profit. Greed is a sin, we both know that
