malcolm, i don't see the bearish divergence on your chart.

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

the moment we won't believe in longs anymore... that's when it will shoot up. since most of you have already turned to the downside, i guess we won't have to wait that much for 208.50. just kidding, of course... now back to the reality. we are in a ...

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

oh well... g-j seems very upset.

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

this is a spinning top: image and this are dojis: image image image image

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

malcolm... there is no such thing as spinning top doji. it's either a DOJI, which means that open price = close price (or within a few pips), or a SPINNING TOP (bottom) which means that the real body is very small and the shadows are quite large ...

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

same view here with andrew's pitchfork. about that h4 candle, i can tell you this for sure (as i studied candlestick patterns quite a lot): in this case, this doji is not really a strong reversal pattern (on my chart it's not even a doji). it only ...

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

yes.

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

weird. i am using it with default settings. i wonder why you see it crossed up...

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

here you go guys: h1, h4 & daily qqe lined up (crossed) down. price below gann hilo. h1 crossed below 50. (and karmo, i haven't forgot you... h1 qqe crossed down...). perfect short trade setup according to Aus rules, and because all 3 timeframes are ...

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

well... the original strategy doesn't say anything about h1 qqe cross down. and there was a question about this, it's somewhere at the beginning of the thread; at that time, Aus clearly specified that h1 qqe does NOT have to cross down again... it's ...

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

back to the roots of this thread: see h4 and h1 charts for a trade following Aus rules. - h4 qqe still crossed down, price below gann_hilo - h1 qqe touched 50 line and crossed down, and price has crossed below gann_hilo since 204.92. still going ...

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

hey look... US economy is performing very good now, about 60 pips worth on e-u and 75 pips on g-u.

Cesarnc's market talk, gossips, rumours & fun

well well... big sharks want to fill the gap and now that everybody and their mother think this pair is going to dive deep... how about a 217 soon? p.s. just joking, of course... or am i ?

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

205.65 and the gap is still open.

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

sure. everything is much more complicated than what i explained. but keep in mind that was the short version for the connection between g-j and dow jones. of course gold and oil play a crucial role. in fact, for who wants to trade any pair involving ...

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

here's what i have right now, it's zup75 - it's pretty much the same as the last version. all the indicators in the archive must be placed into MT indicators folder. only then place zup on your chart and check "allow dll imports" box, otherwise it ...

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

zup has a lot of options - pitchforks, fibos, dynamic fibos, fibo time zones, fibo fans, fibo arcs, fibo spiral (or golden spiral), reversal confirmations, harmonic patterns... it is practically the best indicator that can be found free of charge. ...

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

that's the trendline.

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

no. we are talking about g-j here. when there's a trend, it is best to re-enter on the same direction and not chasing retracements. as i said, i believe that IF a retracement is to occur, it will be rather small and most probably limited upwards by ...

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

an important trendline has been broken. we had a ~750 pips drop without a significant retracement, but just because of that doesn't mean we will see one soon. i, for one, don't see any retracement signs yet. now about the amplitude of the possible ...

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