Looking at PA on 15min GJ charts here is my 2cents worth...Price could reach 214.20, area between 61.8 and 78.6 fib on hourly chart b4 eventually heading north. That also aligns well with Aus 4hr/1hr strategy where he states that "If price is above ...

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

Here is what M2buoys is talking about. Aus 4hr/1hr long strategy in progress.

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

Err...My2buoys...looks like you posted one of the old charts.

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

[quote=dagoods;1788209] Closed @ 1.9735.

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

Took me some time to figure out that Jungle of Fibs. Seriously though, take a look at PC's Monthly GJ chart posted earlier and the daily I posted.

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

There is some confusion here. Could you post GJ chart with fibs drawn.

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

Sorry Bro! I was referrring to the Daily GJ chart posted earlier. Right now I am scalping GU for 15-40 pips on the long side. One GU long is open from last week with 1.99 as target. Here is the 15min GU chart.

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

My Fibonacciman senses tell me GJ should be a good sell around 61.8 - 78.6 fib on 4hr. Just bought GU as it bounced off the 50 fib on 15min charts.

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

Similar to what Jarroo said, an open and close out of this channel and a close above 23.6 fib will be good for longs till 50 fib imo.

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

Yep. Looking more like a bearish flag on 4hr so far.

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

Thank you for the kind words Dagoods. I agree I am as much of a Genius as are you, Aus, M2b and all the other great traders that participate in this Forum. Now dang it man! and get back to trading! GU gave a nice bottom @1.9653. Missed my buy ...

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

Thanx .

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

Why 109.53 ? Monthly S1 109.30, 23.6 fib 109.49 taking hi 114.65 lo 107.9.

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

Dagoods GU well supported around 1.9680. UJ good resistance around 109.13, GJ edit-both broken after I posted

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

GE Quecee.

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

Same here. Think long term, trade short term, ie, keep long term targets and trade towards them taking profits along the way.

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

Good Morning All PC good chart there. Why have you set the 100 fib a bit higher on the monthly chart. Thanx. Good Trading All

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

Enjoy your date Bro ! Hope you have a Great Weekend ! I want to see you at the trading desk come Monday in the Best of spirits & thats an order! Just kidding... Good Night all. Enjoy the Weekend

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

WAY TO GO DAGOODS, CARRERA SOME REAL EYE OPENERS FOR ALL PAYING ATTENTION

Cable Update (GBPUSD)

I believe that can be seen more clearly now.

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