Although it has moved 400+ pips there is no indication of shorting this except for the stochs. Though it can retrace few pips why fight the trend for few pips ??? Buying on dips should be the play for now . Should atleast wait for 5min to break down ...

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

I'am out bro.Not sure whether the news will pump or dump.

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

Risking only 10% of my profits.Will close if it pops up. Technically its time to retrace but anything can happen.400+ pips up and 50% fibo on daily.

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

Spot on mate as usual.

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

Entered small Short at 132.50 Sl 133.30 50% fibo on daily .Lets see if we can pull back.Risky trade.

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

Wormie daily 50% fibo at 132.69 .Have a look at it.

The WoRmHoLe

1hr — Next up should be 133.60 and 134.11 if this does not retrace. So far UJ pulled this now GU also seems like joining the party. edit: weekly R2 132.15 50% fibo from 137.75-127.62 at 132.69.

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

4hr still has lot more room to go up,waiting for reload . Maybe test of the broken trednline and support around 130 and 130.50 area.

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

Resistance here at 131.66 and 1hr not able to close above. Also close to daily 50 ema .A retrace would be more logical but I'am only taking longs atm. A 4hr close above 131.50 area , I will long again.

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

Yeah 300 pips ,4hr played out as expected . But it did rise another 100 pips. Anyways I'am also planning a holiday next week Now Waiting for a fresh setup . Good luck bro

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

Closed all longs here. Off to college now. See you all LO. Killerwhale watch the levels marked. How about retrace whole move to around 129.50/60 area ??????Not taking this trade. I'am flat now.

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

Gooooooooood Moooooooorning all. What a rally to wake up and see. Closed my partial long from 127.80

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

USD getting weaker and GBP getting stronger.

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

Range play.Wait for 1hr close above or below.

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

I'am still a newbie and I'm still learning. I'am not the one to learn from.Look at senior trader's chart's and analysis.

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

I have been posting the 4hr chart and the LTL target for over a week now,refer previous pages. I also look at the horizontal support/resistance zones.Look at the daily .

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

Yes long from 127.80 and now waiting for break of the trendline to add more.

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

1hr — GJ

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

Break that will short again. But 4hr may need some pullback. Lets see what london brings.

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

Yup finally GBPX on 78.6 and LTL on 4hr Nicely marked down and picked up buyers.

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