Dont say that bro, I just entered at the stock of testing neck line of 15M H&S at 151.21. lol

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

Don How you all post embedded images? My image appeared as attachment(:

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

Now that Neck line is broken, It will move to 152 then 152.6 ( gaps closing ) and finally to 153.9 before any down move. Comments please!!!

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

Reverse H&S on 15M — looks like reverse H&S in making on 15M line with Neck line placed at 151ish. It taken it should got to 153.90. that should be a ideal place to short. First target it 152 any way. Comments are well appreciated.

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

Now there is a perfect pin bar on 15M

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

I see bearish divergence in making on 15M, its still a convergence you can say.

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

I am not able to understand why everybody is so bearish. I see bullish divergence on MCAD/RSI on 1H,4H, a nice hammer/pin on 8H, Price has just nearly touched daily bullish TL and rebounding. I am a noob and need some light. And then there look like ...

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

though it bearish, daily trend line is still not broken.

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

Thanks a lot sir, I have learned my lesson today, lost some $5K , would be careful when next time, with strict stop losses and avoiding late entry. Thanks again

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

Thank you very much. I am half asleep but I would not sleep till I get a direction. its 1 am here now

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

Thanks mate, I am learning but paying heavy price, would be more careful now on with strict stop loss.

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

need suggestion! shall i hedge now and buy some extra?

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

I am on the same boat, idiot me. just now booked some of the losses but still short since 152.

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

does not look fake drop to me?

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

dropping pretty fast

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

we need to close below 155.16 today to reach 150.5. That would create DHBLC on daily tf and 400 pips should be a cake walk

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

for that only we have stop loss placed. i do forget to put it

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

from where that lower ed line came? is that candle after the doji so important?

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

thanks Don. Well I am not into wave counting . I am starting with trend lines, SMAs , MCAD and RSI. that's all.

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

Thanks for the comments. I have just started it and am zero in wave count anyway. As far as 4hr chart is concerned, there was bullish divergence on 23rd june and it again bullish divergence and double bottom on 13th July. but in both cases its ...

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