Welcome. IT seems like You are pretty new here.. You have seen nothing yet Yes it can..( 154 is so very possible) .. it can go as far as last brown line..135xx area.. and ofcourse.. lower. We can also have double bottom at 118xx OR We can touch the ...

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

Mines not touched yet?

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

OK Its not a FLAG its a MOUNTAIN..

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

For RCL , predictions are their stock should be shooting higher in near future.. when First baby boomer Retires.. i.e in 2012..( end of the world.. lol) Cause Seniors will be taking cruises where they will meet people of their age instead of staying ...

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

Example... I am sure this is not the Picture you have in mind for G/J.. lol.. But then WHAT IF.........? image

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

Valid Bull Flag.

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

Bear Flag?? 4 HOUR is still a Bull flag. Even if it goes down to 150.50. Still will be a Bull Flag.. LOOK at the size of its Pole.. One more Pole should be coming Next month..IMO.. Take profits as you go.. Dont be Greedy...

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

I am gonna try a daring long from 156.24.. if it gets there.. I know it wants to shower with SHAMPOO... but.. I dont want it to...lol. Stop loss 25- 30 pips.. I still believe it will go to 161.. before 151.. lets see. Cause knowing the nature of G/J ...

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

Good call to short from 158.20.. Well we did not see Bullish engulfing that hour.. So did not take any trade..I am still flat from this morning/ Just watching.. .. Letting it do its thing!! TSX is Down.. Dow is Down.. it can turn anytime. Keeping ...

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

If we see Bullish engulfing in 1hr , we should see higher prices.. I am anticipating 161xx.. short should be safe from there. We should have bearish Diversion at the point. ATM we have bullish diversion on 1hr.. 15 M.. This could turn into abc,, ...

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

Thanks.

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

Did He say where its gonna go after that??

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

Lets see how the weekly candle closes tonight?? 3 Hrs left.

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

Looks like the start of pending witchy twitchy hour!! we might break 162.xx Today!!? I am looking for 38% retracement at least... 158.64..

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

Yup.. THIS WILL BE THE ROBBERY OF THE CENTURY!! No forex in future... lol. They will trade world currency for GOLD..( MYTH)

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

Thanks Peaches.

Daily candle chart

For books there are so many.. Its better not to get confuse.. Just focus on few strategies combine with. .. Elliot wave.. to get positive result..No system works for ever..though..! The problem with above Trader is the Discipline and Emotions.. True ...

Elliott Wave Trading

Good fundamental commentry.. But technically... what about the Bullish hammer on Quarterly chart.. How should this hammer be cancelled. What we need is strong reversal on Weekly.. Monthly.. Daily.. Other wise it is a strong reversal sign at the ...

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

Its not Geometry that is important.. Its the pcsycology behind it. Then we follow waves, Trends, Candlesticks.. etc.. to make sense out of it. The one I am presently reading is ..Trade Your Way To Financial Freedom.. by VAN K. THARP.. its ...

Elliott Wave Trading

Gentle men. what can someone say about this Pattern!!?? To me its Buy All dips for a long time...

Daily candle chart