Yes sireee —

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

Yep, I've also read a study which stated that people with a slightly lower self esteem make better traders. The thinking was that people who had a high self esteem had trouble believing/accepting when they were wrong. I assume they would just need ...

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

OK — OK, as mentioned earlier, added a second long position and will add on each 4hr bar which stays above Gann. I will be closely monitoring the 5sma though for early signs of failure.

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

Just think, somewhere in the World there are 7 guys who are getting pissed off by these girls on a regular basis.

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

Hmmm — Hmmm, i'll have to be very careful here, 'cos you're the man who's taught me most about Gann+QQE trading. I certainly won't disagree there's more downside possible, but charts and PA have looked bullish to me since 148.80. We'll see.... ...

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

Well — To be fair, the news wasn't that far from expectation, so a hard drop can not be expected. But you're right, news is bollox. Big boys took the opportunity to buy.

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

Hmmmm — Funnily enough, I think the opposite now. My 4hr Gann has flipped to bullish, as has it's QQE. Price is currently sitting just below the 5sma, but my plan for the forseeable is to enter a long position every 4 hours until the Gann has ...

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

Correct — Correct. In simple terms, any divergence found at the top of the price/indicator is bearish and vice versa. Saves having to think about new highs/lows etc.

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

Over 6 hours ago — I posted this over 6 hours ago. Now building my position short again.

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

Woohoo — Upmove was expected, (by me anyway, ). Now entered my first new short and will add shorts as we go up or down. Sterling demise not done yet, but we could go much higher before continuation. MM is the key to multiple entries.

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

4hr Reversals — OK, based on pretty rudimentary VSA, we go up now. The following chart signals buyers and sellers at each of the points marked by the elipses. Each time a higher volume bar occured a change of direction happened. The last 4hr ...

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

Shorts all closed — No more shorts for me. Next major move is up IMO. Looking at today's move, selling pressure was great, but volumes show a lot of buyers between 148.5 and 149.5. I may scalp for a few short pips here and there, but that's ...

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

Would that be a virtual fight?

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

Note — Yes, this move is Yen strength, but it is also some incredible Sterling weakness. Look at AY, hardly moved in comparison. There have been some 'special' TV programmes on in the UK this past few evenings concentrating on the Lehmans ...

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

Feel the love Msniper, feel the love.

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

Hey — Hi Karmo. You arrive at a time when market requires your patience pills.

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

My take.... — The news was pretty good for Sterling and those who were long before would have taken the opportunity to cash in on the up spike. But, the news wasn't spectacular, so any positive spike may have been shortlived. We'll soon know ...

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

profit taking — Looked like some profit taking on the spike to me. Momentum still up and I think big boys will buy on the dip. I'm long.

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

30m volume showing buyers at 150. We won't knoiw how strong the buying is yet, but I won't be shorting here.

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

MAs — It's a personal preference of course, but I use a 200ema, a 50ema and a 5sma on pretty much all timeframes.

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