I think rockets need to be put back into the hangers for now. Get your submarines out instead.

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

Where's markam? My DOW short from last friday is doing extremely well, over 300 pips in profit now (entry at 13370). url Should I hold this for another 3000 pips? Z

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

I really can't see anymore Guppy support. It seems to have broken through any remaining support without a problem. I thought 229 would hold but I suspect some panic selling has set in and broken through it quite easily. Next target will be a retest ...

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

That brick wall I was talking about at 249.60 is here. I'm out of all of my shorts for a 500 pip ride down (but many many more in the bag). This was called last Friday. Time to have some fun scalping and looking for reversal signs. There could be a ...

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

Yep, sounds good to me! I'll leave one entry open for any further downward movement but I think there is a good chance it will reverse at 229.60 so time to do some analysis and look for some reversal signals. This movement came sooner than expected ...

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

I'm going to start cashing in all of my pips around 230 (as mentioned many times before). I can't see this falling too far below 229.60 in the short term.

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

It wasn't me who found the Gartley but rather Hakuna Matata. Maybe he can post a chart? I'm short from way up and I'm just looking at points to take profit and re-enter until my target is reached (or I'm stopped) - so not a lot of analysis to do at ...

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

Nice one!

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

It's just the way my analysis worked it out. These are the pressure points where reversals are likely to happen. It is a simplistic chart and I could put more bounce/profit points, but it should give a reasonably clear idea. Z

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

Next profit point on my butterfly short here. This resistance will hold for a while or bounce it up a bit. Check my chart that I posted yesterday and notice the bounce off this level. url Also, some analysis from yesterday. url Z

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

In this game, that's what we call gambling

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

Well, I'll have to call it a night there. The butterfly is playing out nicely. Currently around 200+ pips profit (on my average 234.70) with a target of around 230.00 so looking for close to 500 pips. Stops set, profit orders in and a good night (or ...

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

Nice one karmo. I'm taking some more profit on that butterfly short here. Will re-enter higher up. Still keeping some entries in play.

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

I'm expecting one of your retracement levels to kick in and retest that trendline. If it breaks then you're in the money but if not I suspect 230 will print before 238.

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

Brandon. In MT4 you can right click on a chart and save it as a picture. Alternatively, pressing Alt and Prt-Screen together will capture the window you selected and you can paste it into something like paint (so open Paint and go to edit -> paste). ...

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

The low should be in place within the next 2 weeks. More likely towards the end of course so I'll see you 5 or 6 or 7 Sept! Check out this page. Some people thought I was joking when I called for a 2800 (revised to 3000) pip Guppy fall about 7 ...

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

When what? Z

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

This is what I'm expecting to happen. Z

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

Shorts are safe as long as that trendline holds and keeps offering resistance. So far so good! I'm expecting this to hit 230.00 (probably slightly lower to 229.60) but it could be a very bumpy ride down. Once hit, we can all get into Karmo's rockets ...

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

This is what I was talking about above. Purple circle shows how price returned after the breakout although this was only on the 5min chart. I would expect something a little larger on the 4hr but this is a good start. First part of the trend ...

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