keep your stop close,,a reverseal is coming... double bottom ,with spikes .watch US session !! but enjoy the pips.. i bank my 200 points. sideline , mee .aud/jpy still running . will go long soon in eur and gbp vs USD ... still a odd 30/50 pip to go ...

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

it seems gbp/usd can only go to 1.4250...its a tough one,for sure... other crosses seems the new low is coming ... double bottom on gbp/jpy is highly possible,,, but below the low of last week ,i dont know about that

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

the bottom is veerrrry close ..i would not bother try looking anymore for shorts...wait for a reversal candle and go with longs ..the medium term bottom is already in place... 137 is the view

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

scrat,,do you reckon a new low below last week ?

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

the high is already there..131.40 ... just a matter of time she break down..i still got confluence area in sight at 131.70,,above that ,then medium bottom is in place,,but i doubt this is the case,,down we go... dont know when,but it cant be too ...

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

oh i just got back at the right time ... time to add more shorts on gbp/jpy aswell as gbp/usd ..short aud/jpy aswell

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

here is a interresting chart of eur/usd.... we break outside that supp last week at 1.2229,then we went up without test it ,,thats an UNTESTED LEVEL ..if we go down to test.it will bounce .it will have an affect..if it will be 50 pips or 500 pips ,i ...

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

i have a question for you ? do you expect it will drop 5000 pips without a significant retrace ? BTW ..you r short...tell me where is your lmit ? and your view ? where is your exit point ? .. dont get caught ina bear trap...thats what happening now ...

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

here is a chart... we r busy back down to form a deep right shoulder ...WE SHOULD GO ATLEAST TO THE 78.6 FIB ,IF WE DONT GO THAT FAR TO 1.4250, and the 78.6 fib is not that far away from 1.4250.its right at 1.4293..then if you pull your fibs for the ...

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

scrat do you see that excellent risk/reward ratio if we go as low as 1.4250 for a buy ??? stop just below the low ..30 pip stop for a possible 500 pip limit ? .. if we go below the low ,,then down we go and more .. and risk only 30 pips!!!!

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

i think i think ill stab for shorts in a minute on both gbp pairs ! gbp/usd target 1.4250..and gbp/jpy somewhere at the bottom ,dont know,,will watch gbp/usd for an exit on gbp/jpy

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

here is my updated chart on gbp/usd ...went as plan and spike above ress. to confirm a bullish signal ..i do expect a drop to 1.4250 in the coming sessions,and if not a daily close above ress is just as good... if gbp/usd drop to 1.4250 then i do ...

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

raza be carefull for usd bearish ... i closed all mine off ..

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

i do actually see that usd/cad is the best trade by far ,if we talk now about breakout trades .... after the handle is forming and the breakout of the cup,will be enormous ... we can be on the lookout of a possible bull flag of the making of the ...

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

no ,talkinhg about the usd/chf ... i dont know what is his mission ,,,straddle for a next spike up ,or busy topping and supp is gone @1.1450 ... but i did go with the gutfeel and short it... ratio was to good not to do it..30 pip stop /250 limit .. ...

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

im thinking the same,,and want to short the usd/chf right now! lol,but do see a straddle/range for the next leg up .. ? wht do you see ? break the supp? ..1.4507

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

yip ... too many ,and im still see a spike through 1.0786,then its confirm for bulls and back down we go ,,otherwise its me pressing the button if we close on daily above 1.0786 ... inverted H&S is comin on gbp/jpy(1hour) ! 129.76 to 137.40 ,this ...

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

hey ..had a nice weekend ?? how can you see bearish usd/cad ?? serioooius? watch that monthly morning star ?? we had 5 days left of monthly to close ?? no way for bearsih ??

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

will keep an eye on that ..

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

wtf ..i do see that ? its an easy setup,,when the gbp/jpy had a thrust day and the 2nd day continue,,then you can enter your usd/cad blindly at any spot ...he is lagging by 2 days ...i i had a quick test and do see it ...

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