50% fibo — We're bang on the 50% fibo from the last move up, so we'll see if it holds. Next fibo 121.68 and then 120.79. Also increasing volume on this pennant breakout. All Gann timeframes with QQE are already short. Can't see any reasons to ...

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

Pennant — Been trading in a pennant all morning. (15m). I will look to go long or short depending on the breakout.

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

I'm careful of shorts right now. Start of Euro session, already had bounce down which has now stalled. 5m Gann chart is not so bearish right now..... I'll be long from 123.77..

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

No, it's a trendline. Like SMA and EMA.

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

Bullish? — I'm not sure this pair is bullish even short term right now. Stil looks a short to me.

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

I've had a look at this system and I like it, very simple and allows you to be non emotional and I like that. Have you ever tried automating it?

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

Very, very ugly. Price action is difficult enough to read in normal conditions without having to decipher what the big boys are playing at.

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

My advice: Keep your money in your pocket until this shake-out is over. I'm serious; this market is designed to kill us retail traders.

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

Lol, yea, I know. I'm only messing with ya. I won't be long here btw.

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

Yea, go for it. Bet the farm.

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

Thuggery. No other word for it.

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

???? — Did something happen..? Nothing on Bloomies.

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

Going for a long scalp, small. 123.78. Nope, out -9.

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

No probs at all. I enjoy your analysis, thanks.

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

Misunderstanding me... — ***For my target @ 98.80 please refer to my previous post. POSTED a MONTH AGO.. Many times I have been wrong, but many times RIGHT bro... please dont take it personaly, but instead to "go after" someone posts, do some ...

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

Projections..? — I'm wondering how people are arriving at figures such as 116, 117 and even 98 in their analysis of where this is going. Have people been plotting fibos from 250? or 216..? and checking the fibo ext? Or are we all guessing at ...

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

Cool. OK, here is what I see right now. Hint of pin bar on 15m chart with increased volume. Pin bar on 5m with increased volume. Looked like some blocks of longs were picked up at 124. Early days indeed, but this form the basis for a mini rally? ...

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

Are we allowed to post trades we're taking anymore? Not retrospectively, I mean as they happen? I'm new here, so I don't want to offend anyone. I have no trades btw.

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

Like I said, I would normally agree and to an extent I'm perhaps being too optimistic. But, Obama has not been jaded by years of greasing within the corridors of Capitol Hill. For the first time in 50 years there is a President who actually wants to ...

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

Ordinarily, I would completely agree, but I've got a good feeling about this guy. He's not hid, not ignored the problem and has the best mandate of probably any President in history. As long as he doesn't seek popularity, then he could do OK.

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