50ema being tested to the upside on 1hr and 4hr TFs. But there's loads of potential traffic between 128 and 131. Have a small long which I will cut if it doesn't break 128.15 convincingly.... Also aware that this could be a large bear flag on the ...

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

4hr Gann Hi-Li - Short 4hr QQE - Short + Short 4hr Stoc - crossing short 4hr 50 ema breached. (yet to close below but evening star candle forming) 1hr Multiple mixed signals. Need price to break 127.64 convincingly to form long. 15m - Gann + QQE + ...

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

I would say zero rate is already pretty much priced in. Don't trust the normal interest rate decisions at this time, 'cos a big cut could be positive for Sterling.

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

I'll be long if price hits 127.69.....

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

My view is this; I do not trust ANYTHING about this pair right now. I will trade it either up or down and my view is there are as many medium term reasons to go long as there are short. But, I am trying to stick to the 4hr Gann + QQE rule. No one ...

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

Small long at 126.61. Against trend so hoping for a break of 126.80. No more than a scalp really and will cut or move s/l quickly.... Targeting 127.50.... EDIT: S/L moved to b/e +1 when at +20. Free bet..... EDIT2: Moved S/L to b/e + 30.

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

Without trying to sound flippant, you are in a thread whose methods have been working well, so any failure can only be down to MM. Are you trying to move too fast? Remember, scalping GJ off a 1m or 3m chart with returns of 10%/week cannot be taken ...

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

4hr QQE — Crossing 50 line, Daily stoc crossed over in O/B territiry. No longs right now except small counter trend punts.

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

Am short here. Too many reasons not to be. First target, next fibo level at 125. ish.....

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

Will be interesting to see how much big action we get from the London session today as half of the country has been snowed-in. No buses running in London at al, trains severely disrupted, police advising people not to drive anywhere.

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

Here's what I see...... — At key support area of 126.75 in confluence with first fibo retracement level from 118.75 to 130.95.... If we break lower, then next stop is 50% fibo retracement 124.90 and then another support at 124.30. 4hr Gann ...

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

Don't bet the farm on BoE cut being either bearish or bullish, could be either. As I posted earlier, look at what happened to the Dollar when the Fed were slashing rates.

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

Not at all Malcolm. I for one love your posts. Either confirms what I'm thinking or highlights things I should be observing. Massively helpful, not arrogant.

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

I would normally share your suspicion. It is worth remembering though what happened to the Dollar when faced with terrible data and dramatic cuts in US interest rates; it gained massively against both the Euro and Sterling. If you were waiting for ...

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

Small long @ 129.03. 130 will be tested again I think. It's risky, and I will cut as soon as I know I'm wrong.. EDIT: Moved stop to B/E. It's now a free bet.

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

He's asked you to PM him. It will also be easier for him to reply to you personally.

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

This thing now looks determined to hit 132 today. A good push above 130.30 and we could see it.

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

Really? My 4hr Gann has not closed below the Gann line since this run started on the 26th. Hmmmm.

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

Don't fight it, if the big man says up, we go up. Seems lots of people here are married to their short bias. 4hr Gann still bullish. Daily Gann kissing, (may reject, but bias still testing to the upside). etc. There is another way this could go..... ...

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

Short again now. Once we break 127.75, we should see a good move down. Also 200ema on 5m TF, testing to the downside. EDIT: S/L moved to B/E +1.

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