Hi guys.... Very quite evening
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GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
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DislikedHi There. Hope you got some rest from last night and this morning. I want to thank you for all the help and educating you did last night. Will be a faithful student and look forward to more education and pip making.Ignored
DislikedAll I can say is a BIG Thank You to 'Auslanco'. His insights have proved very useful and it is guys like him, Monarch and Cesarcn (where are you? been missing your wonderful dry humour!).
I prefer to read rather than post, but I had to say that I, and I know a number of other readers of FF, are mightily grateful to the 'A' guy!
Welcome back!Ignored
DislikedHi There. Hope you got some rest from last night and this morning. I want to thank you for all the help and educating you did last night. Will be a faithful student and look forward to more education and pip making.Ignored
DislikedYY, Looks like everyone except one was missing you,Auslanco.
Anyway good calls in the last couple of days, Auslanco.
And thanks for ur input and explainations.
Hope u had a good rest.
I have been trading GBP/JPY for the last 3-4 months. And have closely followed its movement.
one real lesson that i have learnt of GBP/JPY pair is not to ever short this monster. For the sake of gaining few 20-30 pips,u may end of loosing 300-400 pips as this mother of all uptrends has a nasty habit of retarcing back to highs very rapidly.So i always go long on this pair in the last 3-4 months.
Having said so,i have been quite convinved of ur arguments in the last few days that i did scalp about 300 -350 pips by shorting it on few occasions in the last 2 days.But i have always been skepitcal of those shorts and will go long at the slightest hint of reversal..I have learnt not to short this beast the hard way..so all shorts be careful about ur positions.Ignored
Dislikedoh Thanks Venturess... thank you I know.. I'm not very popular among most senior memebers here... but hey... who cares...as long as I enjoy posting my thoughts and at least there are few people who like to read them ... thats all what mattersIgnored
DislikedThe latest Outllok... as you can see on the charts still the trand is very much bearish. Please dont go short untill 246.50 will be firmly broken.Ignored