you didn't pay attention in class If you have a flag, its a bear flag, but that would not be good for me, so I say no flag.......

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

Took a long in GU too @ 161.18

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

Right, we should call it Geppy lovers.... (no Geppy not you.....)

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

Cautious LONG @ 144.98 based on presumed bottoming of UJ and GU

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

I've seen so many faulting H&S formations in FX, I stopped thinking about them. Maybe if we could support it with somehow accurate volume information it could help.

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

GU supports it, but not sure about UJ: UJ D1: image

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

150 pips pills were not enough should have stayed with my standard 200 pills, could have should have......

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

It can if UJ stops: image

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

All shorts stopped, heavy losses

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

Me neighter, stops @ 147.00

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

Added 3rd @ 146.00

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

Added short @ 145.35

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

Looking at GU/UJ it's south again imo atm

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

well could call it waves but another play. Lets take an example, lets assume you missed a very sharp upward move (pool) from 140 to 142. Your mighty pissed off and think its going further but are hesitated to jump just in the dark. Then you see a ...

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

Not sure wath exact definition of a scalper is, but in Geppy terms I think I'm a scalper. What seems to be your problem? 1. Sharp upward movement (pool) folowed by a downwards directed trend channel = bull flag where you buy at LTL and sell at HTL ...

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

Gucc, this formation really does not comply with the definition of a H&S

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

Geppy traders are well trained

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

lol, get more sleep

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

Short @ 145.50

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

ok Gucc, its a little too extreme for me your predictions, like to follow things step by step, for now I see no topping for GU and UJ so will hold off planned shorts until I see....

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