One last thing, if anyone is playing a bigger time frame, always look at the COT reports, and use it for reference, but only in extreme circumstanses, the fall from 251 was quite obvious from the tecn and fundamental point of view, there is also a ...

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

Good Morning everyone, This begining to be a very interesting thing, I analyse the chrts first and then read the posts, lol won't say anything else no to offend anyone, AUS, KARM< M2B, HAKUNA always look for your posts and can always find something ...

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

Karm the retracement I was talking about is from the last mobe down 235.80-232.82, draw the fib, you'll see a bounce off the 50, basically we had a bounce off the 50 on the big move down,(on the way up) then off the 50 on the retracement, and now I ...

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

For some reason can't upload the chart, tried 3 times, I hope you undersatnd what i was trying to explain

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

A word of caution — Hi Karm, your analyses are very accurate and timely, I even looked at several of your posts to get an update on the market myself, as was away most of the day and didn't have sufficent time to analyse the PA. However at ...

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

Good Morning all, read the posts and you can just smell the sentiment changing in the room form bullish to bearish, I went bear yesterday, I think before anyone else on the first rise to 200 EMA on the 4hr and was only comforted by M2B abd Karmo, ...

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

Question for Markman or Karm, or anyone elese who is being using momentums for a while, I usually just used it for confirmation, but upon stumbling on this thread,started to notice some interesting facts, momentum with a period of 1 sometimes has a ...

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

Same here, too many things screaming down, btw markam great video, can't say I didn't know hard facts, but there were a few new things I picked up. Got to remember that guys name and check him out live. Not a pretty picture though...

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

This is beginning to look like a broadening triangle, INMO the worst possible pattern to trade as it just collects stops and breakouts are often fake,I'd be carefull and trade only from the known support/resistance areas

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

Ask, and you shall recieve(within the next hour or two perhaps), it's stagnation/decision time

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

This is fantastic, thoughroughly enjoyed it, thanks

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

There is a negative divergence to price on the dow on the 5 and 15 min charts, and even though I don't see the dow diving lower that the low of this week for now, it should correct downwrds, poosibly enough to 232.80-90 level on the gbp/yen, btw I'm ...

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

Critical juncture INMO at the moment, 1 min cart completed the rally up, we could see a correction down but unless 233.40 is taken out, than the current wave structure is intact

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

Ask and you should receive, lol, so far classic

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

INMO, if a new intraday high will be set I see a very good probability of wave upward wave 1(elliot) reaching a first target at 234.75, it will close the gap and correct downwrds in wave 2, assuming that this analyses proves correct(will only be ...

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

Ok Let's try it again

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

This looks positively shitty, which format do you use to save a MT4 chart so it would look normal when I uplod it?

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

Attaching a chart, note that current scenario will only prove valid upon a new intraday high

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

No problemo,it was elliot btw, coming right up

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

The current structure was a five wave rally from 230.29, the 5th way terminated and followed by a 3 wave retrace down, conservative target is 235.80-236.40 area for the current up rally. At that pointit would be wise to start looking for a topping ...

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