lol im not a scalper who use 10 pip stop loss and target 15 pips ..but yes 1.5320 is gone and went only 30 pips above ... spikes happen everywhere all over.. as long as we stay below the top im ok ..and if not ..take the loss,,smile and get over it ...

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

maybe the tchnology change a bit for lower right etc... i dont know about that... ive learn about patterns years ago ,so dont know about the new technology.. i still trade the old way ..hopefully it still work out .. yip and im short right now,aqnd ...

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

oh man.. i cant see that gbp/usd will break much higer than 1.5320 ? so gbp/jpy will follow ? and that mean down?.. its a huge valid H&S pattern he will face in a minute at 1.5318 area .. anything can happen,but thats why we used stops.im still ...

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

Yip,got that in mind and most important will we see the close of tommorow. I will short gbp/jpy at 144..13 and gbp/usd at 1.5318 and keep an close eye. This is all 100% technical entries. You know for sure or anyone here more than me in the ...

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

Loool...

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

Ok boys and girls ,are you all ready for that 400 pip drop? 50 pips still left on gbp/usd and gbp/jpy before the bears take over..

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

lol,,the right shoulder is coming..your target is ok.. right shoulder +- at that level... that is a puuuurfect H&S ! target is str8 to 161.8 FE and 1.45 there after ..

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

jon..you might be right ,but i see it as ranging on higher TF ..roughly a mess sideways ,until USD/JPY topped out .. it will be a tough time for us to spot a trend .. one week up ,next week 100% down.. confused ,if you ask me ...

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

hey do you see the H&S pattern ? full screen on 1 hour ?

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

hey bel.. THE CROSSES is mixd all over .. i dont know if its better to put the swing style on hold and scalp here and there until everything calm down ? especially eur pairs... im not touching that pair,and i loved the eur/jpy actually more than the ...

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

eur/jpy !! — here os one pattern of eur/jpy that might scared some bear lovers in gbp/jpy aswell myself and that we might stand on hold for that drop..we will see lower levels still,but its LIMITED i think and broadly sideways for days/weeks ...

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

scrat — you are not alone, i also dont get that one right...we had a bad daily close according to my view ,and something dont add up for me for that break lower... we might be wrong ,but stay with you on the sideline again,until we see a ...

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

yip i see,,then "if " we break the TL on my chart,,then this H&S would come into play and i think its much stronger than the bearish H&S you mention...so far it looks ok for another dip or 2 lower .. i short it last night ..stop + 5 so far whooop ...

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

thnx..yip i agrree with that,,but what bother's me is that it looks like we had still much room inside 140 and 146 ..my chart shows it ... hopefully we can get as high as 144,then short then i have much more power ..personally i dont want to short ...

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

piters and scrat.. i need your input ... what is your view daily close below 141.50 ? do you see 139 next ?? something tell me we are "not" ready yet,but if you look at gbp/usd and gbp/chf we might be ready for a weekly close below 139 ?? ... im ...

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

gbp/usd H&S !

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

someone ask why 140.79 ? .. myself dont know why,,but i guess we might be in a pattern until the breakout ,,but what pattern ? its still early to say what type ,but i take a big guess and we might be in a triangle again for the 3rd time ... so ...

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

i did exit ..cut a loss ....i will re enter long at 140.79 stop below 139.50 ,,target 144.60 ,reverse then for short for swing trade and add on every rally at 78.6 all the way upto the breakout .... look closely ..similar pattern like the prev ones ...

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

the sooner we can get in closer to the high of 146 the better we in position ..its like poker ..play your possition (the button) ..then more we had control on this downmove ..then you can start buffing the bulls etc ... we might run inbetween 140 ...

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