I'm short @ 232.97, with SL @ 233.37, and TP @ 230.37. I'm expecting price to follow the trend line down, and the bullish 4hr and 15min signals to dissipate as price declines. Not expecting any big moves within the next several hours.

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

That's the nice thing about opinions. Everybody has one. There's no supply and demand problem, so the value stays about the same. image Price went the opposite direction, so evidently it wasn't a very good indicator. There are two sides to each ...

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

I hope everyone made lots of pips off the 15 min strategy yesterday, and that this topic hasn't already been addressed. I searched for it but was unable to find anything. I didn't notice until today that the trade went sour because of the QQE5 ...

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

I've been using the pattern of ups and downs, and the pattern of lower highs and higher lows, as a general guide since late last week. Gives a nice "large picture" overview of what's going on. Right now price is probably following another repeating ...

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

Are you trying to cook the data?

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

Hi Koko, I don't think the fact that the QQE's were already above the 50 line at the time the other signals came on, invalidates the trade. But I could be wrong since the instructions do mention "after". "I use QQE 5 & QQE 1 in addition to QQE60. - ...

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

News comes out in 3 minutes. You have just enough time.

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

Good morning!

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

Way to go, Shahroodi!

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

That can be just as painful!

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

Isn't life wonderful?

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

Mine shows 231.12, so it must be about right.

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

Looks like we're finally getting a 4 hour 5 sma retrace.

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

Come on price . . . get a little higher before the 4H close . . .

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

And believable . . . thanks!

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

I'm out for now, til things look clearer.

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

Hey! Someone let the bears in while I was gone! Luckily I did get good position, and that might save me from a minor loss on this trade. I'll recheck the charts and figure out whether I want to exit or keep the long. Ron image

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

I grabbed a long at 231.38. TP at 231.88. SL at 230.88. My warm jacket is on. Let's head north again!

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

We're getting into the 30min and 1hr 5SMA regions. I will try to find a good entry point here for my next long (perhaps around 231.45). TP will be around 231.90 (Daily 5SMA). SL around 231.00. If we only get a 30min retrace, I might pass it up and ...

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