If the daily candle closes above 141.50, then it won't be tanking any time soon either. I know price has been trading below the key daily trendline but it's not broken yet. I would like to see a daily close below 139.50 before considering any levels ...

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

If you bought at 139 area, consider yourself a "pro". The 4H is flipping. If price closes above 141.50 in the next hour, then it's a confirm 4H gann cross. Then 142.60 should the the resistance to watch. If 142.60 (the upper channel trendline is ...

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

139.44 is the monthly pivot. I'm taking a long here targeting the daily pivot.

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

None of the bucket shops like winners. They all have schemes such as slips disconnections, nonfills, etc to screw with you if you're winning too much. They won't flat out say we don't want your business but will make your trading so miserable that ...

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

Same problem here. And I thought they were trying to screw me over for winning too much. I've received delays after clicking submit and that has rarely happened with Oanda. Their execution is usually instant. I thought I was put on manual or ...

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

Daily gann and qqe has already crossed down. Only confirmation left is the daily trendline to be convincingly broken. If today's candle closes below 141.50, look out below.

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

If price closes below 142.50 next hourly candle, the 4H candle will close below the gann. An hourly candle has breached the daily trendline on my chart when it closed at 141.13. As long as price stays below 142.50 for the rest of the day, I'd say a ...

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

GU just hit the daily trendline on my chart. Let's see how this play out. Could be a big bounce and reverse from here. If GU breaks this trendline and closes the daily candle below it, it would go down much more.

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

I doubt any smart money would be buying much after it has just broken a strong support at 1.4840. Assuming price doesn't reach higher than 1.4840 in the next 15 minutes, then we'll have a confirmed hourly break of 1.4840. I think we'll see at least ...

Cable Update (GBPUSD)

Yeah dive cable dive!!! Where is Godfrey? That dude is amazing with his cable analysis. Looks like cable will at least visit the daily gann at 147.15.

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

GU is approaching 1.4840 again. If it breaks, it will drag GJ down a long way. Let's see if we'll finally have a breakout today. Maybe some negative earnings tomorrow would help as well.

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

It was the Chinese that contributed to the great "unwind" back in summer 2007 where GJ was still in the 230s and would drop in the thousands of pips based on some news regarding taxes on capital gains in China. This news made headline on bloomberg ...

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

Looks like price closed just above the hourly trendline. If price moves to daily R3 (151.04) today, I'll be a very happy camper. Price rarely moves to R3/S3 nowaday. If UJ breaks the hourly ema 50, it would take GJ to 151 even quicker.

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

I have a key trendline there (chart). Also, 4H gann is at around 148.30, so a close above 148.60 would make 150/151 possible. Price needs to stay above the daily pivot (147.87) for the bull to continue. Price closes back below 147.87, it's possible ...

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

It seems 147.30 is the new 146.30 from last week. It's slowing becoming a very strong support. 147.30 is also the 4H gann which price has been trying to close below for the last few hours. 4H gann rejection usually result in very strong moves. Let's ...

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

And we WILL make huge profit again if GJ starts to fly up again. Maybe she's waiting on earnings tomorrow to make her move. Base on the uptrend price pattern started in June 1995, I see GJ making a run up to 165 in the next few months and then price ...

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

If nothing funny happens within the next hour, we should finally have the 4H candle closed above the gann, then it's very possible GJ will at least test the high within the next 4 to 16 hours after that. I'm on board for the bullish run. Let's get ...

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

My trading instinct is telling me price is waiting after the rate decision to break out. I believe price will head north assuming news is as expected, that is rate remains unchanged. I'm taking half position long at 146.80 and will add the other ...

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

Hourly gann flipped but qqe hasn't crossed down yet. We might be in ranging market so use extreme caution with gann or stay away from it altogether.

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

UJ on the brink of breaking the hourly ema 50. It hasn't broken this MA in April. If UJ and GU tank, then look out below.

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