If the MAs and s&r levels dont work......... I use this method.....above 6 long, below short..... see attached chart.....

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

Are we gambling here? JK....

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

I am waiting for above 213.5-8 to short...maybe....

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

I took a short @9650 based on the 1st pin but I am watching it carefully.. CPI data will provide a kickstart either up or down. Also the daily candle closed a very bullish one.. Let's see how it plays....

Cable Update (GBPUSD)

eu 15m 50ema bounce....

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

I think the 4 hour will play out first to 9610-18. I plan to take off some, maybe all of my short there depending on the time.... then wait until after news before reentering.... Looking at higher timeframes, I see it may go up to 9750-80 area ...

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

I must be tired...... entry is 9650 target 9550...

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

Oh it will..........but when is the question...... I think the data coming out tonight will set a tone for the rest of the week...

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

really nice "pair" 'o shoes...... we should trade it sometime....

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

Already in gu short @1.9550 based on nice 4h pins and ob conditions. 9450 looks a nice target...... may close earlier though...... .....that minime guy is always short...... all pairs too....

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

I'll look to short at 213.5 or so DEPENDING on pa up there....

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

None whatsoever...... I ain't shorting this biatch I just scalped 20 long pips on it and my 1h chart looks very strong for more up....

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

All the best to you too my friend...

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

I am currently flat all pairs as I was very busy on the road this morning. I am avoiding yen pairs as I feel until something is done about the oil situation, yen will remain weak as the money that normally goes into carry trade is going into oil ...

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

Oil is also screwing up gj movement..... I now hate oil....

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

Look at the chart a just posted and examine the blue ma @ 1.5550 area. If that is taken out, I agree with you......

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

I am not short yet but if I get a close below 1.5450 I will....

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

eu looking good for short now....

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

I am on the sides since yesterday...... Nothing made....nothing lost....

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

...yup....

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