208.27 area ?????? or 206.95 ???????? I think 208.27 would be the lowest and part of me thinks 209.3 area is where it'll turn around.

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

It is truly the only way to trade. You may make more pips getting in earlier from time to time, but usually, the losses negate the extra gains and most of the time, more often than not, you'll make LESS by being impatient.

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

Well said !

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

Ditto !!!! 209.3 or 208 even.....

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

Price has just been hanging out, BELOW the 50 sma on the 15m. Also, came up to touch the 5sma of the 4H. We are still down, but leveling off on the 1H QQE. We are still down on the 4H qqe as well and RSI is below 50. Price is now being held down, ...

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

Price has just been hanging out, BELOW the 50 sma on the 15m. Also, came up to touch the 5sma of the 4H. We are still down, but leveling off on the 1H QQE. We are still down on the 4H qqe as well and RSI is below 50. Price is now being held down, ...

GBP/JPY for QQE Traders!

With your indicators. when a QQE5 or say a 5sma open and close cross, that is a change in trend. On longer TFs, like 1h/4h and Daily it's truely a 'TREND' reversal. On shorter TFs like 5/15M it's just noise. But, if you are scalpin, then you use the ...

Kujo's Forex Journey..........

Weekly Pivot is working overtime to hold this thing up. Hopefully, we can get a break of 210.65 here soon. Or we might get a bounce up to 211.30 area. And then another retest. Just waiting to see......

GBP/JPY for QQE Traders!

200sma on the weekly, is also the 23.6 fib retracement of the last move down. With a break of that area, 218.78 would be the 50.0 fib

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

url url

Kujo's Forex Journey..........

1H and 4H are Downnnn — And love what this steep, upper TL is doing for us. I think S2 at 209.93 is a given here at this point. Mid 209s, with a break of that area, we see 208.32 Lets see what happens today. Happy Pip Hunting to all.

GBP/JPY for QQE Traders!

Me LIkey..... — 4H QQE is about to cross below 50. This should be good for another 100 Pips at least. UJ is also down below 50 on the 4H. GJ price is sitting on the Daily 61.8 fib of that last move up. It also bounced off 210.68 which is(was) ...

GBP/JPY for QQE Traders!

Hi Newline. Great Job and nice set up there. I use the Gann HiLo on the 4H and Daily. basically, my way of doing things as of late is this. Where ever the 1H and 4H trend is, I'll only trade that direction. So, if the QQE is crossed down on the 1H ...

Kujo's Forex Journey..........

Zack, Very nice Pip count there. I'm letting mine cook to 209 area. If she gets stopped up at 210.5, I'll punch out. Lets hope she can bottom out by mid day, so we can load up the longs for Triple Int. Weds..... I have a long from 209 that I'm gonna ...

GBP/JPY for QQE Traders!

DG, No problem at all. We all talk with/without QQEs. QQE's are just one indicator of where price is going/been. 208.2 would be my next stop below 209.3 as well. Unless this US news is aweful and Dow and UJ tank, I think 209.3 will be bottom area. ...

GBP/JPY for QQE Traders!

If we get to 209.3 area and get rejected, we'd see 213.5 area again. If that gets broken on the 4th try, 217 is our long target. 50% fib retrace from the last big move down.

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

Hopefully, we can see 209.3 area before weeks end. Wait for rejection in that lower S/R area and go long to 214-217. As you always say, Patience is the key. And like you, learned that the hard way. But, glad I did. kj

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

I said 209.5 after the last move up.... no one believed me.... it hit. I'm going to say 209.30 area . Due to the fact that 4H QQE is down now. A close below the Gann HiLo on the 4H.......( if it happens in 2 hrs.) UJ in the gutter......... daily ...

GBP/JPY for QQE Traders!

4H qqe down, close below Gann, UJ down...... come on 209.55 !!!! Load up the Long rockets and sit on em until the end of next week and 217 !!! 750 pips is a nice, easy number.....

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

That EU price..... 1.4466 was from like 8 days ago.... neg swap sucks though.... but good pippage..... ;-)

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