Well maybe not now! It just needed to hear Pips Cruiser's bearish bias!

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

That's the obvious stuff. There's good reason for it to go up or it wouldn't be stuck at this support.

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

I have no clue whether the next 100 pip move will be up or down!

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

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Linuxtroll Simple Scalping

You poor soul! Ya I'm in Pacific and trying to be alert like you after midnight is tough. I'm loving trading guppy more and more so am cooking coffee more and more at 10pm!

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

12 a.m. Pacific, 3 a.m. EST

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

AussieAl I pm'd you.

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

I think so. I don't look at daily but that sounds like that would be an area of support and resistance. I'm concentrating on hourly and just experimenting with coincidental signals that predict turning points. More ya do it the funner it gets. I ...

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

You sound like a diplomat...the world needs more people like you! I don't communicate as well so don't feel able to say what you just did in a nice way. But it needs to be said to people who constantly bug the senior traders here so I hope you and ...

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

Nice analysis...you must of meant that you might take a small short position at 238.41 and not 239.41?

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

I got stopped out of my long. Think I'll wait to get back in when the 1 hr. bar closes above the gann hilo like Karmo recommends - especially if that's above 238.70-75 which is resistance...unless it sells off alot and oscillators make a great buy ...

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

I see. So maybe Karmo's double bottom could break it out to the upside. Shoot...everything was looking so obviously negative!...now we have to think some more.

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

Was it the Mo14 crossing down over the 10Mo...ya gotta love that 14 momentum!...or was it something else?

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

Great chart. But what trigger?

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

I thought the exact same thing. I figured Markam was some Ivy League type with a bird dog.

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

GJ's ready now for ya Merc. The 30 min trendline just broke. That should get us under 239 at least!

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

Its the 30min. QQE that's made a lot lower high than its previous high and price has made level highs in comparison. So that's the biggest negative divergence to me.

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

Just beyond resistance at 239.70. It looks like a no brainer to me as far as risk/reward. Even though the 1 hr. QQE hasn't turned down its made a much lower high than price so I see that as negative divergence.

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

I'm short from 239.43 and hope for 200 pips so yes, almost to 237.

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