oversold levels.+ Divergence. SEE BLUE LINES.. How far UP it will go dont know.. but should give + pips.. IMO. iT MIGHT NOT EVEN GO TO 155....IT IS BULLISH AS WE SPEAK!!! IF 156 is not broken decisively.. this is Going to make anew high.. I will be ...

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

At 155.15- 154.84 .. 1HR and 4 hr will be OS.. good Place to go long . IMO.. Divergence will be Bullish...if it is not already... Some Gaps dont get filled for a long time...

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

You went a little too early..should had waited for some confirmation... I dont want you to end up,..

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

65% I am with you... that candle MARUBOZA.. I mentioned in an uptrend thats what it does.. 165- 166... can Happen As long as 150.. holds .. i am gonna be a bull..

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

FIB confluence my Friend.. it is stronger than S/R.. See Previous Chart.. also I have a line from Broadening wedge..at that price as well.. 151- 150 thats where ABC on 4 HR will END.

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

There was one at 150.50..if you remember last month... But price went through it last month. This time there is a major FIB con fluence.. this where we should have a major Bull run..IMO..if we ever get there.. i think we will..if 156xx is broken.. ...

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

How about 150xx. See this is an ascending Triangle.. and a tricky one.. i think it should break to the down side.. but you never know.. This triangle should have 5 swings..up and down..its in swing# 3 .. so if it starts to make Higher low and lower ...

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

I am doing good...thanks for asking... how are you?? Price reached 156.40 so far... think we are heading for 155xx zone

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

this made me laugh thats all raza[/quote] ... Blumax..Check your PM.. Wow this Demo Broker of mine from UK is open... Price is going down..ATM..

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

positive pips already raza[/quote] what do you mean? For you or Mal..? Are you buying or selling.. is your broker open... so many questions...

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

SO DOW WILL CORRECT... 700 points... and G/J will correct only 300 pips?????? .. For those looking for MAL.. check female forum for trading... He is there as well some times. ..

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

CHART

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

its been 40 hours ...hmm ... NO reply... guess this thread is DEAD..!!

Harmonic and Classic Patterns

I save them on Desk Top.. Do you know how to make parallel trendline... without physically making one.. is there any option??

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

PK... what do you mean by ... Was not this last Year??? ABCDE.??

Elliott Wave Trading

How many more ascending triangles are we Gonna have. ??? if THIS ...M... OR dOUBLE TOP PLAYS OUT G/j will be at 135xx

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

Man this is a Tricky one... I was about to say the same..Bearish... I did some research ... let you know a little later.( CHART) Bearish.... cause... DOUBLE TOP... big M.....Could become a Tripple TOP.. Break of 146xx will confirm BIG M. formation. ...

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

YA its not a bullish pattern...it can be called range.. But the outcome of this is Bullish..

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

Thanks for drawing that line.. but I think the real line is at 150.50 approx (DARK BLUE) IN THIS CHART.. that is if 153.00 gets taken out. so I think from 156xx we are going into 162xx zone.. then down.. again.. Fourth time price goes to 162.. its ...

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

so far it looks like an Ascending triangle.. which breaks to the upside.. The Ascending Triangle The ascending triangle is formed when the market makes higher lows and the same level highs. These patterns are normally seen in an uptrend and viewed ...

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