I'am not playing the retrace. Technically it should retrace but its not . Watch LFXJPY ,if it takes off and once UJ clears 85.85 ,we can expect the same rally as yesterday. All timeframes till daily above 50ema.No reason to short . Japan intervening ...

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

LFXJPY — Everyone ready for another rally ?????

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

No reason to short this yet. Longs are indeed looking good . Higher highs and higher lows on 5mins is a good indication. Should wait for a clear signal if looking for shorts. Right now longs in play.

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

Thanks bro. Posting what I learned from you all guys here on FF. Thank you all for your time and efforts teaching us newbies.

The WoRmHoLe

Mooooooooornign all. Price sitting pretty where we left yesterday. Sell should be good for today unless BOJ does't intervene. A 4hr close below 133.54 would be nice for shorts. See u all at LO. Good day to all.

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

Yep,we have got enough pips today ,which should complete this week's trading if one was on longs . Wait for the mud to settle and then we can see how it goes.

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

That line also coincides with the 50% fib . Anything below 50% -61% fib should be good area to load longs imo. I will not play the 4hr retrace ,rather I will add longs when 4hr is ready.

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

That was 261.8 of the last 1hr swing. Once this is cleared, I will watch weekly 22 SMA around 134.40. Your EW was spot on mate. Now where do we add longs agian??????

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

I'm signing off too.

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

Lol give here some rest mate. Lets reload 2moro. My 134.11 missed by 5 pips.

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

15 min

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

Can we get to 134.11 and 134.40 area .?? All those shorting here should watch these levels if bounced. GBPX showing good strength so far. UJ standing still .

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

LFXJPY n GBPLFX — Expect a bounce here .Lets see. GBP at 38.2 fib on daily.

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

Short here at weekly R3 133.67 with 20 pips stop. Only a scalp. Don't even think of short swing now. Edit :out for -10 .

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

500 pip range today and still counting .what a pair. Daily,weekly,monthly pivots and daily,weekly res all broken in one day. Non stop train .

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

Not a bad place to try shorts with tight stops. Nice bearish candle on 30 min.

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

Yes watching this area closely and also watching the index's. USDX seems like bouncing ,but GBPX and JPYX seem to gain strength. I have a feeling that more it consolidates ,we see higher prices. Below is the LFXJPY ,will watch the reaction at UTL . ...

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

GJ — Next up should be 133.60, clear that we go to 134.11 which is 261.8 fibo . Seems like UJ is in no mood of retracing. Edit : Seems like Daily 100SMA held for now.Clear this res then attack the above areas.

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

Not to mention bro.. I'am actually looking for longs .Waiting for the retrace to get over. Good luck to u.

The WoRmHoLe

Have a nice one mate and get back soon.

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