But, Do you think the bear market is over, yet?

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

How do you think about this one? have you been there spudfyre, before?

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

So, we will see if it goes to 244 or not and close the trade from there. But tell us why after 244, it can be going down again, thanks.

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

karmostaji, After we reach 242.70, do we have chance to go down again? I am hedging long and short right now. Just want to know.

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

I don't see any green line on the picture. How acurate this thing is? I mean, what if after I long the market still drop. I have a long-term trader told me, this week is still a bear week.

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

Did this chart say when to go long?

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

No more pin-bar.

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

It's coming down, good job. folks.

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

How much longer we will see that "jump up and down many times"?

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

karmostaji, I guess now that the 4H can't break out the trend, we need to short. How do we judge when to short? and what is out target? Thank you for your coaching.

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

karmostaji, How is your 4H candle tell you? Now, if I were going to short from here 240.80, how far can I go (target)?

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

Can't break it at 242.70, I think. Don't get into it.

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

Can't do it. Can't break 242.70.

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

Right, and it looks hard. Can't believe it, it's working pretty hard, too.

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

But, now I can't see the 4H is strong enough to break it to 242.70. How is your openion? (just need a second openion) Or anyone else?

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

I think what you said is: If 4H breaks 242.7 4H turns bullish, then we still can move up another 100-200 pips up to 244.34 which is 50% fibo (237.57 - 251.12). ==> In this case we still may not be in the reversal trend (uptrend) Did I understand it ...

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

All right, now if the 4H can't break to 242.70, we should still short the trend down to 235 (maybe?) Do we still have 2 hours time to find out?

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

In that case, the trend would be reversed to the upside? Wait, I have another question: Are we sure that 4H able to break to 242.70 or not? (I fnot, why do we draw from 242.70 to 237.70?)

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

karmostaji, I did it, and it worked out pretty good. And, I still hold the long position target for 242.70. Thanks

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

OK

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