I´d like to see it pull back to high that was resistance earlier -230.84 - with a bit of "juice" as Strato calls it - i.e. a spike, but so far its held at the 231 level - also M3 - so that could hold it. As I´ve not got a signal, I´ll wait for the ...

Daily GBP/JPY analysis

My post answering Howard´s question should help....PM me if you need to.

Daily GBP/JPY analysis

1 min chart - again — Here´s another great buy off the 1 min...at 06:06 there was a lower low, but a higher snake. Then either of the two green arrows would have given a nice buy as price broke upwards thru either the 34 EMA or the 200EMA - ...

Daily GBP/JPY analysis

Hi Howard - this is still "work in progress" but I basically review the 4 hourly and 30 min charts regularly and watch the 5 min on GJ, UJ and Cable. I use the Daily Pivots with Mid Points - often useful when the market is ranging like today! The ...

Daily GBP/JPY analysis

1 min chart — As I said earlier..." a spike to take out some stops would not surprise me".. it did happen, but only an 8 pipper Its best seen by drilling down to my 1 min chart, the 05:04 candle tested the old high at 230.84 and the 05:28 ...

Daily GBP/JPY analysis

Hi....hope you had a good break and are ready to take on "The Beast" again

Daily GBP/JPY analysis

Agreed, a breakout of the current 230.84 - 229.58 range is needed, but I guess that we may have to wait for the US Trade Data at 8:30 EDT. So far, both cable and UJ are holding under their respective highs from yesterday, so until there is a break I ...

Daily GBP/JPY analysis

UK Trade Balance -7.1BN vs expected -6.4BN. Cable spiked down 18 pips, but will it make new lows? UJ now above its 200EMA, so a 2 way battle in GJ....I´ll wait for the dust to settle

Daily GBP/JPY analysis

LOL...."thick head"....sounds familiar! Now price is in a narrow range between the last mini low off M2 at 229.60 and the Daily Pivot at 230.22. UJ, Cable and GJ are under their 5 min 200EMAs, so I´m holding my remaining shorts for now. UK Trade ...

Daily GBP/JPY analysis

Thanks Aus, I´ll try to keep any posts relevent to this thread....my post was after you had mentioned a cross down on the 30 min

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

NP that was a copy from another thread....here´s the original....click on it to enlarge..... image

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

Hi Auslenco, as this is your thread and I trade a different system I have refrained from posting any trades here.....so, from your suggestion above, here´s why I sold earlier, as I posted elsewhere.... Good morning - so the support held and there ...

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

[quote=monarch;1586415]Wished I was in that Short still from earlier. LOL. me too, stopped for +40 when I missed +80 after it stalled at M2 (229.60).....guess I´m still half asleep!

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

Yep and GJ´s just done the same, instead of closing my short at M2 for + 80, I got stopped out for +40....guess I´m a bit slow this morning!....but I´m still short UJ

USD/JPY Discussion

Better than I thought, the Frankfurters decided to sell! 40 pips now locked in and the overnight lows in the 229.86 area broken, now M2 (229.60) also a low at 11:05 yesterday must break to open the way for a continuation down. If M2 holds, we´ll be ...

Daily GBP/JPY analysis

5 min chart — Good morning - so the support held and there was a slow climb back up to 230.84 high established earlier yesterday afternoon - but with a lower momentum high on the snake, followed by a lower high 45 minutes later. Either signal ...

Daily GBP/JPY analysis

Working from the pivots calculated earlier, yesterday evening price bounced off the pivot area of 13.42, which was a couple of pips higher than the prior low which stopped exactly on the 50% fiibo of yesterdays range. Now it has stalled a couple of ...

USD/JPY Discussion

Back under the 230 level — OK, so the 5 min 200EMA held and now cable´s back to its 2.0270 support....IF that breaks I expect the 229 level to be visited sooner rather than later....meanwhile, its supper time here....

Daily GBP/JPY analysis

5min continuation — LOL the 61.8% fibbo held the rally and almost another 61.8 has held the fall. A total drop of 190 pips and I got stopped out on the second part of my trade for another 100 pips....guess this was the European Traders closing ...

Daily GBP/JPY analysis

The tweezers failure to break the 114 level and the pivot at 09:00 helped me make a nice sell at the 231 area in GJ, partials closed for +100 less spread.....Im also short UJ and seeing how for this will drop, next stop 61.8% fibbo´as I´ve just lost ...

USD/JPY Discussion