right now, i'm still short...my TP is 231....if it turns around right now and breaks the limit reverse at 232.26 by at least 6 pips, then, strategy changes. If and when it does hit the lower trend line @ 230 region, then I'll wait to see if it turns ...

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

at the present moment, it seems to be retesting the lower trend line.....if it bounces off it...then yes, up up and away may be the way....won't know till we get there....at least another 2-4 hrs....is my guess.

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

trading anything less than the 30m at a time when its ranging, like this, is a big crap shoot.....the 30min is showing clear distinct patterns....it seems to be the safest bet right now.

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

its ranging....set your SL at the level stop reverse (232.28)and let it ride down to the lower trend line...@ 231.00 region.

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

Here's a 30min trend channel.....looks like its got some down movement to the bottom....at least to the 230.90 region......

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

anyone know why the attachment tab doesn't work when trying to attach a pic ??

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

it sure took a while to break thru the 15min stop reverse.....you might be right Markam....

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

Aus, since its nearly broken thru the 1hr TFT, would you say it should head down to test the 4h TFT....its currently testing the 4h 5SMA(VT) at 231.76 and mom on the 1hr looks strong too....

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

maybe even safer to take it to the 4hr sma....near 230.20 mark...what ya think ??

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

finding some support at the 5min TFT....

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

np ....looks like we're seeing a retraco to either the 1h SMA or filling the gap....should be a decent ride up.

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

JPY GDP due in 20 min......

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

'trading in the zone' .....great book about the '....the greatest obstacle being me'.

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

trying to figure out how to cut and paste a chart from vt.....to post on forum....please help

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

Aus, i'm finding the 5min QQE alert/LSR signals to be much more clear as an entry point and using the 1min QQE alert/LSR as the exit signal....especially in a ranging market. I know it's the opposite to your 1min/5min strategy...but last two 5min ...

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

don't get me wrong....i see your TFT confirmation...and i also see a 'flag' formation with all the high's and low's....which implies that there will be a breakout very soon....may go up....may go down....but this beast is definitely prepping to go ...

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

agree

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

M2B, the 30QQE also did a cross up back at 00:30EST, 13:30EST and again now....doesn't neccessarily impy a bullish confirmation....i think we need to see it break the range.....234.50 region to give us some sort of confirmation to the up ...

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

according to 15min strategy...potential profits would by just shy of 60 pips.....correct?

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

ahh....you're refering to the green arrow back at 23:01 and since the price is above the last reverse (purple) dot....it can still be used as a bullish signal?

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