Good Night All. Trade well

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

For anyone following the 5sma channel, price just touched Daily 5sma-lo @ 227.8.

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

You will find all the answers related to 15min strategy here url

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

Lol..that is the problem when one trades all the three pairs. GU up, UJ down, so GJ neutral, even when it averages 150 pips a day. Analyse each pair as a separate entity (even when we know they are related) and you will be able to see the clear ...

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

Looking to build longs after price bounces from 50 fib with PA to confirm.

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

Same here with resistance line as target. Notice the daily Pinbar with close above weekly support

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

From the short side since I can see everyone is long Just kidding. Earlier in the day one short was stopped out for +10. Reloaded at 229 with TP 228..227.50...till daily gann 226.3 Good Night & Trade Well edit-hope I quelled your quriosity ...

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

Welcome back JDAMv3. Looking forward to your views.

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

btw I trade 6 days if you count Sunday..

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

Right there with you. GJ shorts close to getting stopped out at +10 but more than compensated by GU longs. TLs are really simple and powerful tools when drawn properly, particularly that Weekly GU support.

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

What channel ? A chart would explain much better. Good luck.

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

I guess many are staying out because of the squabbling that erupts every now and then.

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

Welcome mate. Got stopped out on GU long The current GJshort should recover some of those pips atleast. Today the fed will be holding auctions but thats already priced in I guess. Thoughts ? edit- just saw ur chart gu chart. looks like a plausible ...

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

I see price finding support around the lower black line, confluence of daily gann hilo and the 50fib taken from lo 221.25 to hi 230.32.

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

Thanx Quecee5. Good Night All

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

Quecee5 — The GJ chart is well illustrated with the areas of support and resistance clearly mapped out. A scalper's delight I should say, ideal for swing trading this week My GU and UJ daily charts have fibos drawn same way as ...

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

Good Morning All — Thank you Pip_designer. Looking forward to your charts, analysis &....oh yes! what 'you have learned from us'. Dagoods dont stop posting. Just make sure it is relevant to GJ and its pals. Looking forward to your ...

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

Leighsww My heartfelt condolences to you and your family on the untimely demise of your sister. May God rest her soul in peace ! Hope you recover from grief soon and get back to trading.

Technical Analysis Fallacy

Glad you liked the charts. From your previous post I misinterpreted your reference to "topping" out as forming a double top..lol. Where do you see this wave 3 correction extending to taking that possible wave 5 extension to 114 into consideration or ...

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

Technically I see UJ getting 'toppy' ,ie forming a Double Top around the 61.8 fib where I will be looking to build longterm shorts with targets below the supporting monthly TL. Also the supporting TL on weekly-GU seems strong enough to propel GJ to ...

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