ready for a break out... — Here is a 1H chart. Notice the 2 hits of the 50 fib on the last move down. Then, notice the lower low and 2 hits of the 38.2 fib. Now, a lower low and the last 5 1H bars closed below the 211 area of the 23.6 fib. ...

GBP/JPY for QQE Traders!

Matt, OH man, I wasn't insulted at all. Text is just hard to interperate all the time....... I totally agree with you and karmo, 217 is in the near future. I just think we'll get down to 208.8 area first, to end wave 5 before the 3 wave move up to ...

GBP/JPY for QQE Traders!

Market moves in waves, some/most think. Usually it's a move in 5 waves up or down and then a 3 move in the opposite direction before continuing the trend in the way of the 5 wave move. search for Elliot Waves theory for a in depth look.

GBP/JPY for QQE Traders!

[quote=imransait;1857144] agreed. We may get a small bounce off the 210.3 area to 211.45 tops. Then, down. But, as always, the 209 is a prediction. No one knows where she'll go. Just ride the beast best you can. Trade what you see. I'll be out for a ...

GBP/JPY for QQE Traders!

Everyone is entitled to their opinion and interpretation. Looking at the Daily chart, to me, we certainly will get a 61.8 fib retrace to the 209 area. Also, all the longer TFs are pointing south. WE get by the 210.50 area and then the 210.1 area and ...

GBP/JPY for QQE Traders!

Every trade should be taken seriously. Demo should be thought of as real money. So you learn your trading style and strategy. Boring day is right.... but this happens with this pair. Tokyo and London will give you a 200 pip drop !!!!

GBP/JPY for QQE Traders!

Patience We should see 208.8 area by mid London. 30m, 1H and 4H are all pointing south, making lower Highs....... She's going down, but slow as hell, due to US holiday. I've posted a 1H and Daily chart a few times showing Fib retrace lines. This is ...

GBP/JPY for QQE Traders!

You're not blind, your patient and trade with the long term trend which is smart. I'm only short at the moment, because I truely feel this bigger retrace is indeed happening. Short from 213, 212 and 211s...... TP at 209.17. I think it'll hit 208.8 ...

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

Thanks Cape. Today is my birthday. I will spend it with my family and enjoy some free time. market will just range like this all day, as it's a holiday here in the US, like you said. I think by mid London session we'll see 209 area. Then, we need to ...

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

Someone that's gonna be watching GJ for the next 5-6 hours, can I ask a favor ? email me at: [email protected] thanks.

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

Thanks FX. Not sure. I bet after lunch, the Brits will come back fired up and push her down !! ;-) Wishful thinking...... I think it's falling, but might be a slow fall. 210.50 area breaks and we'll fall nicely to 209.0 211.70 will hold us in this ...

GBP/JPY for QQE Traders!

strange request....... anyone that's gonna be eye ballin the GJ for the next 5-6 hours, can you email me, so I can ask a favor ? thanks.

GBP/JPY for QQE Traders!

My weekly pivot is at 210.56 Is that what everyone else got ?

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

Not making an Options prediction........ Just saying that in January, when Options expired, next trading day Dow tanked 300 points. Another FFr brought that to my/our attention. Just keeping everyone mindful, that Tuesday am, if the Dow goes ...

GBP/JPY for QQE Traders!

Oh, damn, E, you posted, as I was typing...... glad you're back.

GBP/JPY for QQE Traders!

Sith was going out for a bit. It's just ranging. No specific direction as of yet. Very common for this pair. It can range for hours on end and then move 200 pips in under an hour. Looks like she's stopped up here below the 38.2 fib line of the last ...

GBP/JPY for QQE Traders!

210.6 is being Strong S/R..... Once she breaks this, we'll go a down a bit more.... Come on London...... 2.18 is my 36th Birthday...... $3,600 day !!!!!!!! Bring on 209 !!

GBP/JPY for QQE Traders!

For sure, some S/R at this price point. Not sure how strong.... with a break of this point, we should get some more south. Well, 2.18 is my 36th Birthday...... how bout a $3,600 day. 209.00 !!

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

Q, We're on the same page man ! Short : 213.8, 213.2, 212.4, 212.24 and 211.8 TP: 209.00 (was 209.70) 15,30,1H and 4H are pointing south. Lets see how this ride turns out. Let start the week off right London. 217+ by Friday

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

Funny, they usually do that.

GBP/JPY for QQE Traders!