i am long from 225.73 , target at 227.00 or higher and stop at 225.00- 225.20( where i will assess for a short from there ) fer

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

i personally see that price might go test all the way to 50% fib retrace at around 227.30 if it can brk the 38.2% retrace which is where the 100sma on 1hr is. fer

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

before anyone gets too exited about shorts, keep an eye on the 4hr/daily trend line. fer

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

before anyone gets too exited about shorts, keep an eye on the 4hr/daily trend line. fer

Daily/Intraday Momentum Analysis

thanks for clear charts

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

to be away from computer and your trade triggered and profits booked for 150 pips is the best feeling one can get. fer

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

a combination of few basic things MM. i mentioned earlier in my posts that not to try pick tops/bottoms ( ive been burnt before doing that ) and we had strong resistence at asian daily high plus that 4hr 200ema and we then got a close above it plus ...

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

lol lol

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

another 45 pips banked from the break of asian high. now i wait for next trade setup. fer

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

why go short? why pick tops? wait for the setup if planning to go short. long looks better above a break and close of daily high so far. targets would be daily res 1 and 2 i see on charts shorts to be better if we get close below 228.50 confirmed by ...

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

no indication of bearishness at all. daily, 4 hourly, 1 hr all bullish. personally to me it looks like its headed to 230 level as soon as it breaks and closes above the tough resistence at 229.15/30 why try pick tops and bottoms? till no bearish ...

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

this is a very valid point.

High & Low 8 Hours (GBP/JPY)

tp hit at 228.70 for another 80 pips. i am still bullish biased. will see how things develop in asian session.

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

out with 40 pips from the break out. will wait for a close above 227.90 to go long again or wait for a short setup.

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

possibility of bullish engulfing 30min candle

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

more likely 229. 4hr is bullish and so is daily. just what i see on my charts. especially if price breaks high of the day fer

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

Feedbacks???[/quote] thnks for the backtest...gives us a lot of insight. so from what im seeing from your spreadsheet---all parameter changes still give profits over long term as long as one sticks to that settings. fer

High & Low 8 Hours (GBP/JPY)

the one who was right and my analysis wasnt a cowboy analysis as you must have realised

Daily/Intraday Momentum Analysis

Well that was 90 pips for me till 224 i still see further downside unless we break 225 again. never put stops at whole numbers. they will be taken out on most occasions

Daily/Intraday Momentum Analysis

hope ure feeling better breeze--till psych is below 50, wouldnt shorts be better.or in other words would it be safer to long if we go above 50? right now its at 48 thanks

Breeze....Update on GBP/JPY