One more rally short to 138.55 & here it will get much resistant , if break then very big rally down again as I counted before it as 5th wave of the big rally down . waiting . fontu

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

I see the down channel since 30-10 just broken or about to do it at the botom ,if so then big fall should be expected ? fontu

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

me too , at least 139 or even low if break finally. fontu

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

Happy to see the bear party still intact, join again. fontu

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

Thanks , I see it is in a retracememnt phase 4 now .hope down soon . fontu

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

Don't think so , still bearish divergences all arround and yet not touched at least 149.09 support & if it breaks then go much down............. waiting fontu

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

Thanks a lot for all advices , yes controlled cord traction be better , anytime it can change too , so I set EA to take controll with ts & close though much less than I can manually but yet without any tension . fontu

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

breaking one after the other supports near 149.good bear party perhaps , more to come fontu

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

little short rally ,still big to come ? how much it can go down,139? fontu

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

waiting for it for only 1 short open since last night & no tp at 150.600 but it seems now going up & up . fontu

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

Thanks for the post , yes at last it happen as expected and unfortunately could take all those long awaited pips as of my very busy schedule in the office at that time . here is my chart: sorry it is not clean as I save from the chart I using with ...

Elliott Wave Trading

downtrend in 5m tf watching for long time brike at the top & a good up & down movements with trend up set , not bad scalping bit by bit & also watching for the tl to break again. fontu

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

Yes , your diagnosis may be correct & in this case then again make another complex within the triangle & even may try break at the top ? not impossible ? next come to the line next time after many stop outs perhaps . fontu

EURUSD

I think all signs of hidden big movements today , just sitting before the computer with some random shorts though. Perhaps market is waiting for some news to initiate the momentum, may be next few gbp & eur news . fontu

EURUSD

Thanks but I do not see the triangle broken anytime & now up for 50% retracement ( of the last down movement )to 1.2780 or more before any down . fontu

Elliott Wave Trading

Sorry , here is the chart I see

Elliott Wave Trading

I do not think so .e perhaps already completed & in 2 of wave 4 & also I see the treandline already broken ,if not making any complex then to down to form the wave 3 or subwave may be . Most important, prices still in the triangle ,that has to be ...

Elliott Wave Trading

I see the tl stil not broken but will take a 2nd chance now .waiting ..... fontu

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

Thanks for details explanation of your views .I still think we are in 4 wave of big A down & hence we will see or expect any new low otherwise not .if we assume already finish A wave then in B we can't expect any new low soon but in C it may happen ...

Elliott Wave Trading

I think so too ,if this running wave 4 end & a 5th wave equal to wave A should down more 17 hundreds pips to that level in next few weeks perhaps . fontu

EURUSD