Guppy should fall to around 231.50 before we get some kind of bounce and DOW is just about to bounce off this level 13,170. How high it goes I can't say yet. Z

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

Where did you hear that?

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

US30 I get it under Index -> US Index -> US30

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

From my broker (CMC Markets). I can trade DOW 24hours during the week. Here is an overnight chart but keep in mind that it's London time so market closes at 21:00 and opens at 14:30. Z

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

Don't you get overnight DOW activity? It went uyp to 13,345 (100 point above close). Z

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

VT is still down.

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

Brainless, excuse the chart... I just quickly snapped it and put it into paint. I was trying to confirm the long from Aus and Karmo when I noticed the Bearish Garley on the 1 min. Took profit on the long at the D point. Chart attached. Z PS. (I ...

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

A Bearish Garley pattern could have just completed..... so you could be right. It will go up eventually

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

Could be the whores in Kings Cross London also... but I'm sure he meant Sydney.

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

Well done karmo! Just curious, I can see your targets were fib levels. Do you use much else apart from fibs or do you just keep it simple? Thanks Z

Daily GBP/JPY analysis

Still short by 1 pip (two entries) high was 229.69 and stop 229.70. Other entries were taken for a profit or stopped for +1. Z

Daily GBP/JPY analysis

Yes, 227 looks like a nice first target.

Daily GBP/JPY analysis

Target just above 229.00 reached. Short now at 229.10 with a target of 220.40. Stop is at 229.70. Z

Daily GBP/JPY analysis

I'm currently long until just over 229.00 then I'll reverse short for a target of 220.40 and then long again for a possible target of 241.00. Just thinking out loud. Z

Daily GBP/JPY analysis

The problem is that many of the big lions are on their summer holiday!

Daily GBP/JPY analysis

enough to share?

Daily GBP/JPY analysis

If these current lows hold then I would say we could be in a range for a little while yet. It could potentially be a 3000 pip range (from the 251.00 high to the 219.xx low). I've just moved recently and still don't have a broadband connection so I'm ...

Daily GBP/JPY analysis

I posted the above here about 2 weeks ago. See url Now the 221.xx target has been hit with a bounce of 600 pips. So from the high of 251.xx we have seen about 3000 pips. The question is whether 221.xx will hold? Time will tell. I forecast this ...

Daily GBP/JPY analysis

VT Trader, which is one of the platforms I use for charting, uses 76.4 by default although I have replaced this value with 78.6. Some important fib levels below: The primary ratios are 0.618 and 1.618 0.786 is the square root of 0.618 1.27 is the ...

Daily GBP/JPY analysis

Just a quick question Madj, what is the significance of the 14.6% level? I haven't seen that fib number used before. Z

Daily GBP/JPY analysis