I get a new 4hr candle in 40min so I'll find out then

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

well yeah there is room to go up...I'll most likely go long only if that 100% line is broken.

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

Right and like I was saying about G/U before the drop moments ago that GBP is currently in need of some correction of a 100 pips+ According to my charts we are at MAJOR resistance with G/J...just look at that 100% level...no break Maybe we'll make ...

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

Well I wouldn't say bad since it did close in profit even though it was small but so far it's much better... double digits =P

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

Just a reminder be careful with those longs!

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

Just want to let everyone know that G/J has not broken 239.63 (MAJOR RESISTANCE) and by broken I mean a full bull DAILY candle closed above that level. So I'm reentering a short once again with tight s/l (I only grabbed a few pips from my last ...

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

I've reentered a short since my 4HR indicators (from last week) still show G/J going down so I'm short from 238.11 This is what I'm seeing right now... an unsuccessful break of the 100% level from the big drop some weeks ago. So far I'm targeting ...

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

I wish we could do that...but sadly the only ones in control are those with the big bucks (in the billions)

Are we all enemies at the forex market?

Right and I actually see a potential .8800! After 0.9500 is when I'll be extra cautious to be on the lookout for the actual reversal

USDCAD trend reversal?

Along with my analysis above and the fact that my indicator on the 4HR has showed a bearish G/J (What I was talking about before) I am biased to the downside, but still open to any long position. -MoForce

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

Here's the pic of what I'm seeing so far... As you can see G/J hasn't broken the 61.8% level or the top yellow line so no signal for long as of yet. Since there isn't a bear candle below the 61.8% level going through that bottom yellow line there is ...

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

Here's the pic of what I'm seeing so far... As you can see G/J hasn't broken the 61.8% level or the top yellow line so no signal for long as of yet. Since there isn't a bear candle below the 61.8% level going through that bottom yellow line there is ...

Is GBP/ JPY going to 210?

Yep either way is very possible especially with the setup right now, but I'm in favor of a short... I'll post up the pic in a sec

Is GBP/ JPY going to 210?

could you PM me your read only password too? thanks

Issues with FXOpen

I agree and I believe it's gonna happen soon

Is GBP/ JPY going to 210?

Just for the record... on my chart (I posted some pages ago in this thread) there was a break in the 4H trend to the downside and that still holds clearly so don't long GJ cuz we may a big downward movement next week.

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

I'm aiming for that 161.8 level... the next major support point is at 237.81 so it will be going to that level for sure, but we'll have to wait and see if it'll break

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

Looks like some good pips

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

O.o I'm almost getting a 100% sell signal on the 4hr chart.. so far I'm +30 on my short so I wouldn't do it

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

Mine is turning towards bearish right now actually, but still far from being official on the daily chart I just realized my weekly chart shows bearish lol

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