open some more longs on the bottom before the bounce back...

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

That should improve as Frankfurt and london open....you dont see any retractions during that period.... Sorry i get nervous during the two hours before London opens..

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

I see on the 1hr the 5sma is pushing the pair in front of it ... wait now for the break of the daily high 242.20...then on from there...

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

auslanco Just as a matter of intrest with the pair testing the fibo levels what SL are you using for your 243.20 trade?

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

bballfan31

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

I think he works of weekly fibs....therefore he working from a extension of the last fall.. I think thats how he does it....

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

I have just been told by a (expert) that the G/J will hit 252.00 with in the next few days... Good job I trade whats in front of me....lol

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

No I use murry-Maths..

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

yeah...241.40....if it breaks that then we are looking at 242.15/20 but theres little momentum so I would say its likly to stall at 241.40.

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

241.40...sorry

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

I have nothing on my charts pointing to a fall...in fact it looks like the strength is coming into the longs now.. Wait and see what happens at 240.40....

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

the short answer is no.....but I maybe able to look at the file..

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

It has to break the days high of 241.40....then the next on my charts is 242.15/20....

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

Rustyyy No problem

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

I use setting 0,9,6,5,3...but the default ones are close......this is a simple cross.....when the colour line cross's it shows a move but the strength is when the solid line is on top of the dotted line.. You will see when you load it....it also ...

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

I prefer the AB indicator.....

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

Guys I see your looking at useing the QQE indicator, as I said I dont use it instead I use this one AbsoluteStrength....it comes in two forms a line graph and a Oscillator.

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

Its like a ADX with the green line showing strength and the red and blue direction.....you can change the colours etc..in the input box..

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

be there done that.....happy on my own now.... Save a lot of money and stress..

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

Dont have one of those

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