Bet you will ! The question is now ; do I dare take a short at 50% fib on 4h when closing long ? Also links up with resistance on 1h chart. Bulls seems quite strong today IMO. Any1 else see this setup ?

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

Adjusting TP for blue circle, any1 gonna ride it higher?

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

Retail sales coming up right now. Seems to be positive

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

Will start looking for buys on eur/usd if yesterdays high is taken out. Price just refuses to go down, so we are in a very strong uptrend IMO. Also, to support the euro (and gbp), many big stocks are up 1% - 2% around Europe, COULD be a bullish day.

Drawing correct resistance and support-lines

Usd/jpy didn't turn out too bad, did you have any position on it Mark ?

Drawing correct resistance and support-lines

Same Rocroy, went long from lnd pivot level, price is struggling with 1h, but according to PA we would have a break very soon.

Drawing correct resistance and support-lines

Confluence indeed Watching the PA makes me feel safe on this long from pivot level. I'm aiming on 210.70 for a start (resistance on my 30m chart), whats your targets ? btw, the only thing I don't like with this setup; 1h find it very hard to ...

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

Like many days, price try out pivot level and bounces off. Could this be the scenario now? Possible, since London pivot matches up with (now) support-line on 4h. Just hope this Northeren rock fuzz doesn't changes the outlook

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

See the 1h post on cable, I just couldn't draw any perfect lines on 4h so I just jumped down to 1h. You could be right about the 50% level around 211.30 today. Let's see where the market takes us.

Drawing correct resistance and support-lines

Nice fibo channels, haven't used them before, but guess it could be worth a shot trying them. Good entry on gbp/usd you're still in ?

Drawing correct resistance and support-lines

My 4h chart didn't make any sense so I changed to 1h. Have a bullish channel. We are starting to see bullish hints on gbp today so be prepared.

Drawing correct resistance and support-lines

GM guys. Let's have a look at the guppy. Why didn't I take this short ? Simply because we had a breakout from this bearish wedge on 4h. not much of action, but it could give a hint where the market is going. Starting to look bullish on 1h with ...

Drawing correct resistance and support-lines

Possible, but seems like we have more fuzz about the The Northern Rock scandal coming up tomorrow, in that case, it will pull both usd/jpy down.

Drawing correct resistance and support-lines

I almost forgot that I'm bearish on gbp/jpy.. Please take that analyze lightly, it was drawn from a over-tired guy who have been staring at the screen too long now lol

Drawing correct resistance and support-lines

Looks like udsjpy have entered a nice bullish run, technically. Also, take notice how fib and earlier resistance, now support confirms a really strong support around 108. If this area fails to support, we could target lower part of this wedge. If it ...

USD/JPY Discussion

Ok gimme some few mins Looks like udsjpy have entered a nice bullish run, technically. Also, take notice how fib and earlier resistance, now support confirms a really strong support around 108. If this area fails to support, we could target lower ...

Drawing correct resistance and support-lines

Just hope it saved your from going long Not too eager about my own trading day could have traded much more aggressively, buying and selling each time price touched S/R on 30min and 1h. Stick harder with my plan. It's days like this it really can ...

Drawing correct resistance and support-lines

I like your analyze, sharing some common believes on guppy. As you said, price have been pending around those fibs levels, and price is heading, IMO, for a retest of todays lows, 209.10ish. Also looking for a break of this level for short orders. I ...

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

Your lines seems dependable but when drawn from a different point it seems dangerous. Why? Look how this bearish run have retraced to 61.8 (look how the second attempt matched with resistance) and retested it, provided us with a very strong ...

Drawing correct resistance and support-lines

It does, good luck with your trading

Drawing correct resistance and support-lines