gonna set a short order at 140. i think after this news we might well see new lows below 138 in the next couple days (but im also long for the rally to 140 area ). perhaps itll now form a bear flag towards 140 then down

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

your logic makes no sense. in order to sell rallies, we have to have a rally to sell, so long scalps are valid

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

looking at 139.30 for a buy now. its already overdone its daily range so 139.30 should be reasonably safe, as well as being major support. that news was reeeeeal bad tho which is spooking me a bit. infact its spooked me a lot, ive moved my buy down ...

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

buy on the low or sell?

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

long gj 139.94 (stop at be already, dont trust it THAT much lol)

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

gah had a long gu at 5410 but got taken out at BE. gonna wait for ny now. still looking for sell gu and gj at the 75's but depends what ny does to it

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

ok looking for 140.75 gj (yesterdays lowand 50% retrace of todays down move) and 5475 gu (pivot, 50% retrace and daily open) for possible sells. gj 4h has big bull divergence at the bottom and so does gu so i might look for longs if it reaches those

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

maybe so but 5475 is were im happy shorting from so thats what ill stick to. cant remember the number of times i jumped in thinking it wasnt going to reach my target, only for it to go to EXACTLY where i originally wanted it to. its stopped on s1 ...

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

hmmm i was about to long aud lol took 100 off gu and closed that just now. will wait for test of pivot around 5475 then look to re-enter.

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

yeah but i daytrade/scalp so trading dailies is a big long for me. probably quite reliable on a daily though. gu just formed one at bottom on daily. but im not gonna take that!im shorting off 5555, lots of selling volume it seems which is what i was ...

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

shorting gu at 5555

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

maybe, but no reason for bubble to burst if they raise rates again. if they dont then it might.

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

aussie is strong. if they do raise rates then 9088 and probably 9185 will stand no chance. if they dont raise rates and it happens to be around 9088 or 9185 at that time then it will probably drop like a rock like it did last time.

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

i see. id like it to get towards 5550 for a nice sell. ive set a sell order at 5545 but have to watch incase it desnt quite make it there. hopefully it makes it above 5500 though. also have a long order on audusd on a break of 9050. 9050 is ...

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

and here is what i dont like about these fractals. just had a new one appear on 15min gu on the pivot. if i took the long now that the fractal has appeard, the move has already happened, its already gone up 30 pips and is now coming back down again, ...

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

not sure about that, down move strong, no stopping volume, could easily plummet straight past 141 looking at a 5 i might have taken that. looking at at 15....hell no

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

thanks. what does it do, draw a line at the last top and bottom fractal? might be useful when im at home but i mostly have to trade on a 10" netbook and i already have lots of vertical lines from all my pivots so might be too much on this small ...

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

i dont have a fractal at 5429. i can see the bar that closed at 5454 though. makes no difference anyway its 5min im looking to ditch, fractals or no fractals it doesnt seem to be working.

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

4h is different depending on broker timezone, i dont see any upper fractal on mine since it was at 1.58.

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

i think i might ditch 5min timeframe completely and use 15 as my lowest. 5 has not been kind to me

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