and also DOW came to it's senses,, it could form a nice head and shoulders, we just have to wait

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

And also look at 10 min and 30 they say a diffrent story

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

They are pointing up like you say but no realy up movement, this could indicate a top, the bearish daily trend will prevail

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

I am starting to learn master yoda

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

I agree, 10 min and 30 min seem to have run out of steam, and they are preparing for bearish but again I think wee need some help from DOW

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

momentum on 10 min pointing down, and also weekley trend line holding if the 1H candle closes beneath, I wolud short , but still the dow plays a major role in this, but in my opinion it can only delay the drop to 236.9 ....

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

I only think that it is a very good point to short right now

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

I'll take it as a question addresed to me: he said that when he enters a transaction he is like 90% sure that it will go inhis favor, and after this 2 weeks I came to beleive him...

Auslanco-GBP/JPY Strength Indicator strategy

the freakin DOW like always, but it will fall hard

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

I don't think is a need for that, we should know about fundamental as much as we know about technical so just stay here and share your views

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

also another humble opinion: this sucker is moving with the daily trendline which acted as a resistance and now as a support (or is it the other way around?!)(I always confuse this terms but the general idea is that, that matters). I predict a sharp ...

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

I think he said that he moves sl after 100 pips to be locked in profit

Auslanco-GBP/JPY Strength Indicator strategy

would you care to post that 4H chart, please! I just don't seem to get that level, maybe because of diffrent broker times or something. I have also 241.4X but from a trend line not from a level, very curious to see your chart. thanks

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

My opinion in this would be: If the price keeps faling with the 5SMA on all tf H1, H4, daily you won't see any big retracement (5SMA the true price so it has the true price right now, lol). If it drops hard the just look at the momentum which should ...

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

I know exactly what you are saying..., I've learnd so much thes past tow weeks, and yes I am more calm and confident because I understand why GJ must drop, I even left the computer al alone and went to the gym that is how confident I am :

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

interesting enough..., I still have it on my charts as a level at 238.85, and it's from a fib or a trendline only that I can't figure out from where exactly, still I am courious to see what happens at that point if the price will have some resistance ...

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

So you are still here..., I have my TP above 236.82 but still I am curious how did you get that, I don't see it on any fibs or trendline so it must be a pivot or something like that? lol I have it on my charts, now I just have to figure out from ...

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

Since he is not here, this is what I've understood so far: 1hr confirmation bar formed below TFT so 300 pips down from the start of that candle, because we have daily 4H and 1H SI in bearish mode But you can also check this things here url

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

I was wanting to ask the same question..., I think since the confirmation bar opened 239.43, 300 pips means 236.43 area, and we also have 236.08 as 50 fibo on daily and only the low on 1'st of august at 237.6 can pose any problems to that down ...

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

That is because on the 4H chart we have nothing between the weekely trendline, 38.2 daily fibo where the 4H candle opened and the low on 1'st of august? Just bare with me please :

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