Hi I have drawn my top trend line from first high to next high. The price has just broken out on the new daily candle. What do you think?

Brave Heart of GBP/JPY

The dow spiked down as well to according to advfn.com live chart

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

Well I've got £500 bet on at 5-1 that we win the league this year. Unbelievable squad we've got, It's just keeping them all happy?

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

I have -54 live on CMC markets

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

Dow futures creeping back up now

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

Looks like your in true to your word! I'm long from 231.50 target 236+ BTW I'm another reds fan but 30 minutes to your west YNWA LFC :-) Dave

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

Looks like a reverse head and shoulders forming on the Hourly chart. This would make sense as less than 24 hours ago the bulls were in charge. Also the 50% fib retracement is holding from yesterday move up. If price drops below 231.20 we could go ...

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

Hi I've taken over 1000 pips out of GBP/JPY using 1hr chart BAT system in the last 2 weeks However I only trade 1 lot and only enter on the next candle after the first touch unless the breaking candle is very large I do not trade. Also after 80 pips ...

The Bat...a strategy by Team Aphid

Well talk about a bullish daily engulfing candle. This will be up above 236 tomorrow I am sure. TP same as AUS

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

Great system Aus, One important issue is that should you wait for the 1hr 5sma then you are then under the 61.8% retracement currently Would this then put you at a disadvantage as going long you risk losing due to this strong resistance level. ...

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

Note sure how this will affect guppy today but DOW hourly has just formed an Hourly bullish engulfing Candle

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

What about the 30min and 1 hour charts? They have both produced a good entry...This is were it gets confusing. I know larger timeframes are more reliable but you really should trade one or the other to simplify the system.

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

4hr QQE crossed about 15 minutes ago on my MT4 chart

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

Dow futures +60. The Fed are more powerful than subprime short term + DOW retraced off daily 61.8% recently. I can only see up + end of August. Historically Sept has been a good month. I could be completely wrong though. Any opinions? Dave

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

Right on the Daily pivot very risky trade?

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

Just a quick one.. How will a US interest rate cut affect this pair?

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

I'd put them back into safe mode for the time being :- )

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

Hi Karmo, I also got to my target of 235.40 and reversed early this morning. My next fib level is 231.68. How do you get 232.60 please Regards David

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

Statistically, does anyone know the percentage whereby price will bounce off a fib level on its first attempt and subsequent attempts. This would be really useful information Dave

Fib Experts Answer Please

You do get quite a few 0 trades in a ranging market ( you get stopped out at Break even) but that's fine by me, but when the market trends you always get the move and the trailing stops work beautifully Dave

BAT EA modification