here is the 1H channel that it was running UP in. there is also a CU shot of the channel break. It's not closed for another 25 mins, but I'm sure it's gonna close below it and continue our slow, painfully slow, fall to 210.5 area.

GBP/JPY for QQE Traders!

this may also help our QQE's point south a bit more to load up some ICBM Longs....... url

GBP/JPY for QQE Traders!

Congrats !!! Once I get 210, I will also have my best week ever. Hope to get it before NY closes tomorrow, but think things may bounce off the 210.50 area back up a bit and then another drop early next week. Expired options will have effects on the ...

GBP/JPY for QQE Traders!

Good afternoon boys and girls, Well, seems we're having this nice little 50% retrace on this last move. Should probably hit 210.55/210.35 area around S2. Lots of bearish pin bars on the 1H chart. It's also just about to break below, out of the ...

GBP/JPY for QQE Traders!

My daily bar low on Feb 7th is 205.86 Is this the last LL you are going by ? the 2.7.08 bar ? My latest HH is the 213.85 as you have. daily chart with fibs.... url

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

Yes, Patience is key. I'm holding all my positions. Short from 213, 212 to 209.9/210 area. I will trade what the charts tell me. Karmo, for your retracement projections here, are you going from 205.8 fib or 209 ? I think a full 209.0, 38.2 fib ...

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

By Tuesday of next week if not sooner. Options expire on Saturday. Dow tanked over 300 pts last month, the day after, when it opened. This could play into the retrace hands.

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

Here is my Daily chart outlook. Very bearish candle here today. The previous move up, red Fib set, has a 50 fib retrace/touch 4 times before continuing on to a 61.8 retrace 4 more times. 210 or lower will be hit in the next 3-4 days for sure.

GBP/JPY for QQE Traders!

Here is my Daily chart outlook. Very bearish candle here today. The previous move up, red Fib set, has a 50 fib retrace/touch 4 times before continuing on to a 61.8 retrace 4 more times. 210 or lower will be hit in the next 3-4 days for sure.

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

Karmo and others....... What are most basing their retrace ideas off ? I'm posting a 1H chart. Two sets of fibs, one from 205.8 and the other from 209 area. 50% retrace will be 210.23, which is S1 from the 209 fib. 50% retrace will be 209.9 area ...

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

Here is a 1H chart with both sets of fibs on here. I'm gunning for the 209 retrace, but realistically, the 210.25 area will be hit, as this is S/R area as well.

GBP/JPY for QQE Traders!

Morning all, What a crazy few days. Well, lots of long profits taken, but still sitting on these damn shorts and hedges. Lets see if we clear the decks before the weekend. Looking at the longer TFs here: 4H QQE is starting to aim down. ZL Stoch, ...

GBP/JPY for QQE Traders!

well, QQE, Stoch and CCI is heading south. 50.0 retrace would be nice and reasonable. 210.15 area is my target. 209 area would be ideal. Then, load up the ICBMs and rocket skyward. Buy Stop set to protect me while I sleep. ahhh, 2am.....instead of ...

GBP/JPY for QQE Traders!

FX, Sorry to hear about your beat down. I was there 2 times myself in the last 6 weeks. I rethought my strategy and mind set and the last two weeks, I've done a 10% + profit everyday. You'll turn it around. I'm riding around 3 shorts, that were well ...

GBP/JPY for QQE Traders!

there seems to be alot of EU based news in the next 36 hours. Most seems somewhat negative. But as you said, who knows these days......

EURUSD

As per usual, we're working on a 50.0 Fib retrace of that last move up. That's at 211.00 We almost always have 50 fib retraces during Tokyo session. Yesterdays took like 10 hours. I'm short from 212.60 with TP at Daily 5SMA around 210.44. This is ...

Breeze....Update on GBP/JPY

sleep well Q.

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

Nice Q. I'm short from 212.60 and will ride it to, hopefully the Daily 5SMA at 210.44. Then, load up a few longs there. If she gets rejected any earlier, I'll load up there. 61.8 is just above that area, so we'll see what happens on the fall here.

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

It'll probably take a few hours..... Yesterdays 50 fib retrace started at 16:oo GMT and didn't hit 50 fib until 6;30 gmt

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