I agree with that, it also fits with what normally happens this time of year and with the election of the Messiah .. um, I mean, Obama ... there should be a huge albeit totally fake 'recovery'.

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

malcomb, I did a search on this site for that RSI color line bar indicator you have but could not find it, could you please share it here? Edit: a bit more google searching, it looks like that particular indicator is only available for E-Signal? If ...

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

Looking closely at the monthly, weekly, daily and 4h chart for GY, I am beginning to feel less bearish. I want to see clear direction before trading since she is bouncing around in a dead zone, but I'm beginning to think the bulls in here may be ...

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

karmo & forex lion think so, and I do too (although my opinion not worth much! LOL)

Karmo's trading strategy trading GBP/JPY

Ok, finished for the day. I tried a few scalps that surprisingly worked out No clear direction on the GY that I can see although some others in here seem pretty sure where she will head next. On Sunday the game is on again... Have a good weekend ...

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

Auslanco's system is discretionary, it is not a 'magic bullet'. It sounds like you are looking for something that you can set & forget. The best is to spend some time on this thread, it will take a few weeks to get to know the various posters here. ...

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

Thanks Wolf, that is useful to see your use of fibs .. however your charts with gray bgs are hard to see .. could you do them with black or even better, white bgs .. those are the easiet IMO.

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

A Word to Newbies on this Thread — That is too true .. for awhile I had to stay away from this thread as the constant postings of 'buy, buy, sell, sell" were just confusing. But now after a few weeks here I am learning #1 which posters to pay ...

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

Me too, that also corresponds with arezab's red box mentioned 2 pages back with chart. Skilled scalpers can play these bounces but I am not there yet! (takes another serving of patience pill waffles) Edit: arezab's chart is here: url

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

Maybe he needs the IVD version

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

O...K.... I guess that expains it ... And according to these charts, you expect GY to rise to at least the 90's and not to fall back to the 60's <reaching for more chocolate-covered cherry flavored patience pills>... I shall observe and ...

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

Your charts are so cool and I have absolutely no idea what they mean....

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

Yeah I reason with that sort of paranoia too However .. sometimes God does save me from a bad trade

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

Coming up on a TL at 176.32 which is also the daily R1, let's see how she behaves here.

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

IMVHO I don't think there is any clear direction yet .. best to just wait and see who is going to win the immediate battle. My bias is still down, all the way to 166, makes sense from monthly, weekly even daily charts and 4h gann is still intact for ...

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

When that happens, you just re-click right away, it usually goes through the second time.

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

Good for me !

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

OK, I give up, closed shorts +120 on that last drop ... now I will just observe and not get back in until she makes up her friggin' mind one way or the other! Gup won ... for now

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

and PA stubbornly resists being bearish....

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

Well if the forex gig doesn't work out for you, you'll never be unemployed!

Karmo's trading strategy trading GBP/JPY