continued.. — 3) On the 4hr chart, price is still supported around the 50 fib but is trading below the 4hr Gann. If the 78.6 fib @ 206.62 is breached, Monthly pivot S1 @ 203.51 should be the next point of support b4 we breach 200 level. edit- ...

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

Continued.. — 2) Plotting Fibs on the Weekly chart taking Hi 230.32 and Lo 204.61, fib levels are 23.6 @ 210.68 completed. 38.2 @ 214.43 not completed. 50 @ 217.47 not completed.

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

continued.... — Here are some of the Likely Scenarios I am looking at. 1) Based on the Monthly fibs again, if we take 23.6 fib @ 222.34 as HI and 38.2 fib @ 204.56 as LO, the following fib levels come into play 23.6 @ 208.81 Completed 38.2 @ ...

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

Monthly View — Good Analysis based on the monthly charts Ovaforty Continuing along the same lines, I have fibbed the monthly GJ, keeping the HI @ 251.07 but moving the LO to 129.32 taking the 5 wave count into consideration. I ...

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

Good to see ya too Bud, although ya do lark more than me

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

Gawd pont there regading tade analis. Yer welcam an ForexFactory agin if dey ban ya agin sycho. edit-any1 notice my old avataar

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

That 1kt had me confused for sometime as well b4 I figured out it was a copy and paste function edit-any1 notice my new avataar

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

Dagoods. Good to see ya too! I am here all the time during my trading hours although I dont post that often. Observing & learning from many of the good posts in the past few pages. Good call on the 210 area earlier. Looking forward ...

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

If da had cheqed these pasts poperly, url url referense wasta UJ na GJ bcas UJ maves GJ as mach as GU des. Sa ya cee, is a gawd idea ta kip trak of bath wile tradin GJ. Thanx fer da Wakeup call

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

sycho. Cheque da manthly uj chert i pasted. the 6.3yr & da carant tend ponting dawn.

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

I am kinda confused between the 6.3 yrs trend & the the shorter counter trend

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

Question is how long the 'longs' will last b4 the trend takes over

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

For anyone considering a short position on UJ, the PinBar on 4hr(gmt) should be a concern.

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

Fundamentally, little has changed for GU. Technically last week was a bullish bar with bounce from Monthly Pivot S1 and close above the 23.6 fib on Weekly. Also price has made a clear breakout from the downward Weekly channel. This week's close will ...

Cable Update (GBPUSD)

Very likely. Price often retraces to the 50 fib b4 continuing in the direction of the trend. Attached is the Weekly GU chart.

Cable Update (GBPUSD)

and me thinking he was addressing you everytime I visited this thread. btw nice username Light Seeker...same here. Thanx for the nice looking charts Marketwavez

Elliott Wave Counting with EG

Marketwavez One of your nice looking charts prior to the last BOE rate announcement url although the C wasn't reached exactly but close enough.

Elliott Wave Counting with EG

I believe that count is only a probablity, not cast in stone

Elliott Wave Counting with EG

I have trading towards the same targets Grandpa

Breeze....Update on GBP/JPY