Anyone shorting - DONT - we are in a 4hr upswing here - unbelievably clear and I signalled it some time ago around 1.4030.and I have added along the way.

EURUSD

INteresting chart, clearly show the h/s setups - one hell of a lot of symmetry potential here so I may rethink my position and have a tight Sl with a sell stop below it just in case. Thanks for that.

EURUSD

Not got one in mind yet, just seeing how it develops. It could take us all the way back to 1.43 area. We have been below the Gann for a while now so a decent upturn is due. We also came back to the 38.2 fib ( or close enough ) at 1.3790.

EURUSD

I am long here too as all my 4 hr charts are pointing north.

EURUSD

Thats where I have it, I also show the Monthly Res 1 at the same point around 157.67 - in fact bang on !

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

About 4-6 weeks ago I watched an interview on CNBC with an analyst who stated that he believed we would show signs of recovery and then plunge even lower than before as we were basically being suckered into it by Government intervention and that we ...

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

Malcomb, do you have a copy of the rsx indicator you could post , I would like to try it. Thanks.

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

This is an interesting point and could change as I write. My fibs show we are bouncing around the 23.6 level based on the last run up from 18th May. If we brake and go lower the next level is 38.2 around 153.80. I am starting to see evidence of a ...

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

STAY OUT ! - Have a coffee, play golf, go for a walk - do anything but trade - come back Monday.

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

I know - Sl at BE now so lets see how we go for a bit of fun.

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

well that should take out a few SL's

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

bought at 147.40 for the pull back but VERY tight SL

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

but seriously.... — If I was that far up the creek I would now hold and wait to see what happens around 149 - if we go up - close immediately. We may even get a drop and you can recover - after all, its only 50 pips which you have already seen ...

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

Id advise he borrow a few billion and short GY - that way should take the market down and he can recover his 400 pips - simples !

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

well we are certainly testing the pivot around 148.50 - if this holds then up we go to test the highs, alternativley back doown to 146.60/70 area

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

Anyone else long here? I am from 148.20 just debating where to put my SL

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

INteresting, I have daily pivot at 148.50 area and also showing 1hr Gann there - which has just moved down. The next hour will point the way as my 4hr candle closes at 9 am BST and we bounced from 4hr Gann area. Also last 2 4hr candle bodies rested ...

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

HAHAHAHAHA, OOOOOPS ! Looks like someone has been telling porkys ! Well spotted Piters !

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

Actually, looking at last week 146.60 seems safer for a long imho.

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

its time to bracket - long placed at 146.30, short at 145.55 - tightish Sl's on both

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