Next closest support located @ 224.36 4hr pivot = 227.10 Next resistance = 228.49

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

If we see a retrace I think the highest we'll see it @ is 228.49/92 otherwise I expect to see 224.36, 222.96 then 221.93 (50% fib line on Daily)

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

Can you point me to the premarket live chart you are looking at?

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

I think we'll see it back at the 4hr pivot before close. . . 4hr pivot comes in @ 237.48 - then Asia can decide what direction they want to take it - JMHO!

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

My trades are based on 4 hr trading during London and US session. Don't really trade the Asian market all that much. . .

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

236.25 is hourly S/R I'm looking @ S1 on 4hr S/R url

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

Might be tough to do right now. . . USD/JPY is well supported @ 112.30 area. As long as that holds we would need a major GBP/USD sell-off to get to 231 area in "geppy". Now I due believe we will eventually see a sell-off in both but I don't think ...

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

IMM close in 15 min. . . Might spark further selling pushing "Geppy" through the 200 EMA. . .

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

It keeps bouncing off S1 of 236.77. If we get through it 236.56/60 is 200 EMA which could hold but if we get thru it then 236.25/35. .

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

we are below 38% Fib right now on 4hr. Next stop is 236.58, weak support @ 236.37 thru that then 235.50/80 next support. . . I use 5, 13, 62, 100, 200 EMA's on 4 hr and they all show very bearish. . . Also, use Mom 14, 10, 1 which are all pointing ...

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

Good morning all! short @ 238.74. . . Looks like "geppy" has reached 78.6% fib line on 4h chart. Res. just above @ 239.40's Mom,on 4 hr startng to turn bearish. . .

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

Anyone see "geppy" reaching R1 of 238.28 before another down fall? It is currently sitting above 4hr pivot of 236.72 pointing to 238.29 (R1). . .

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

Thanks, thats good to know. . . I have to admit, this is one of the best learning threads I've be on. Please keep up the good work.

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

Looks like you and I are on the same page. . .

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

Just figured it out thanks so much. . . I'm looking for feedback on my charts, this is one area I need to get better at. . .

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

See enclosed. . .

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

No, I'm using a chart program from fxstreet.com. . . I also use charts program from forex.com platform.

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

Yeah, I did it over to make sure I was drawing it correctly. However, this is were I'm weak and need more learning to feel more comfortable with drawing them. I'm looking for feedback on this subject myself. . .

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

Not sure how to upload the chart here. If some one can be so kind to tell me how to do it I will. . . Also, looking for feeback on it!

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

I'm working from a 4hr chart. . . I just did the fib over and below is what I got. I started my fib line from the last down move @ 235.42 and ended it @ 239.64. I have 78.6% fib at 238.73. Not sure if this correct or not maybe one of you can tell me ...

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