Arrows are showing sellers in the 150. area..on the wicks. And, look at the last pull back off that top (first one circled)..very high volume, and didnt close with a large wick (little buying pressure). What do you mean "without profit"? You were ...

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

image

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

cue crickets ..just kidding bro.

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

The most important week of the next 3 months is HERE. — Yep, this could be the big one M!!! I've been waiting for this since Feb. 8th at 132.00 when I realized the symmetry of this bear market. (called 148.50 as the top..not bad). The third ...

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

I wanted to but I wasnt around at friday market close..I need a good entry on smaller TF and I'll be in.

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

nooo way, is that real?? hahahaha I told ya! (but I didnt get to enter yet )

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

My preferred scenario is option three, I break of lower trendline off the double top and a 3,000 pip drop.

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

haha, I got my ticket. edit: ..cool I didnt see your post before.

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

Nice too see your post, I was one lonely bear out here. I agree with every word...the house of cards must fall.

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

oops I posted the 15min there instead of the one hour...but I fixed it. 151. is the critical point as you said. Line is the 200 ema, daily chart. Another reason the fear longs...ofcourse by tuesday I could be eating my words..we will see. image

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

People still talking longs? This level doesn't look exausted to you? I actually dont like to pick tops and bottoms but this one is screaming short, to me. My last post just showed volume..so here is a more common pov. BTW, I know this queston gets ...

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

Expecting another low volume reversal next week. — Expecting another low volume reversal next week.

Petefaders Journal & Open Discussions

If I may venture an opinion.. — GJ Daily with volume. image Low volume reversals..like clock work. The entire retrace off 119. is loosing steam. The second to last volume bar, yes is higher, but its a pin bar. The last candle is a friday, so ...

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

Hi Amir. Remeber volume represents activity. So the idea is to see where the bigger activity is..up moves or down moves...start with that.

Petefaders Journal & Open Discussions

It should test support at 147.15 next...break of that would target 146. BUT if we go up from here (147.60), then it could form a H&S on 1hr. ...but I dont think that is as likely.

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

You are all a disgrace to the intention of this thread, shame on you! ok, I'm really going this time. bye.

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

Looks like the same BS around here. One usefull post out of evey ten. Going back to MY cave, lol.

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

Now that is something I could use. Thanks!! Contact me on skype anytime.

Petefaders Journal & Open Discussions

I agree Malcolmb. Here is an old post of mine from Feb. 8th when GJ was at 136.23. It explains this move up, and why we may see new lows. This is based on symetry of price% vs fibb%.... My Feb. 8th post: Notice that the 2nd large move down is double ...

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

cha-ching. We might get a pull back here for Aisa.

Petefaders Journal & Open Discussions