The DOW is falling while GJ is going up...how annoying

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

I'll check either a break+close (on the 30mn chart) above 232.45 (resistance kumo cloud) or below 231.80 (monthly support line) before taking a position.

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

Nice picture

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

Yeh i know it sounds weird for the ones who don't know the Ichimoku system. I won't start spamming this thread by explaining how it works I'm just explaining how i take positions and why by using that system. But if you want to know about it , ...

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

Indeed, long should tighten up their SL, A bounce might occur off the edge of the kumo cloud ( purple line ) So i'll wait there, be ready to short, or if it goes through i'll wait. And the 231.84 is a monthly support/resistance line, and that zone ...

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

I'm not , but short seems to be a better idea than long at this moment

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

I doubt each time the pair close above/below the 50ema we should see an important move. There are more things to take in considerations mate

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

I don't feel safe at all with my long, just closed it. The DOW is hanging around 13850 and like Zoran said it's an important point. GJ is under his kumo cloud on the 15mn chart with a resistance @232.45 I'll probably re-enter after a break from ...

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

HM..for GU my daily 5sma is around 2.0090 You sure your settings are ok ?

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

13736 for the DOW looks to be a better reverse point

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

Yeh sure

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

Yeh, and when i look where the price is (below the kumo cloud on the 15mn chart), it's definitely not a good idea to be long from here

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

15mn aus'strategy signals a long position , but it doesn't look safe to take it

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

from a technical analysis, I don't think the DOW will go down. Once it'll hit the 13400 again, it should go up. But i hope i'm wrong, i'd rather see the DOW and GJ go down

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

What doji ? i can't see any doji

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

Same here , short from 230.46 TP 229.85 SL 230.78 Short caused it bounced off the kumo cloud and 2 of my resistance lines on the 15mn chart

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

At your service , if you want informations just go there : url Everyone have a nice week-end Cya on Sunday night

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

ichimoku — Sure, Look at the chart, as you can see , the pair is trading above the kumo cloud which mean it is bullish (for the 5mn tf) We've seen a nice bounces off the flat bottom of the cloud. Successfull bounce cause the leading kumo was ...

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

When i'm looking at the 5mn chart using ichimoku, i see that the cloud is still bullish. As long as it is bullish, bulls are in control. But the cloud is getting thiner, and it seems it should soon be bearish. I'll consider a little short when the ...

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