I'm with you. A little retrace might be a good thing now.

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

LOL. Luckily it's pulling the SMA's up with it . . . Ron

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

Looks like people are buying at just about any price right now! Good sign!

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

I'm not sure if it has any particular reason to go there. But the weekly 5SMA is in the 234.84ish area, and maybe price can get there on the next spike. Ron

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

Up ya go!

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

Personally I'm glad to see this happening. First of all I'm long GJ, and secondly my house is for sale. Both markets could use the positive news.

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

G'Day everyone, While we're waiting for the market to heat up, here's a little bull humor you might enjoy! http://www.youtube.com/watch?v=_cGmJ8g-N64 Ron image

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

For Auslanco Strategy and indicators for VT & MT4: url

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

For Auslanco Strategy and indicators for VT & MT4: url

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

Time for a refreshing upward swing . . .

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

Wouldn't be surprised. My 4 hour 5SMA reads 232.90 right now, and we're only 30 or so pips from it. Ron

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

If we asked him, I bet Aus could use QQE to predict your bed time! Ron

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

Things are looking very bearish all of a sudden. We might even have a sell signal developing.

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

Price seems to be moving toward Daily 5SMA again, like it did 4 hours ago. Here are the current 5SMA numbers (but they keep getting lower): Monthly 240.06 Weekly 234.56 Daily 232.66 4 Hour 233.35 1 Hour 233.12 30 Min 233.13

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

My2buoys, Great job lately with your posts! Have gained a better understanding of QQE, TFT, 5SMA, and how they relate to the system. Also revisited Aus's strategy thread. Been a very educational day! Ron image

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

This is the toughest area for me to understand, as well. I hope someone is kind enough to patiently answer this for you. Ron

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

Let's hope we can avoid one of those until after we've hit the weekly. It's about 100 pips below the current price. image

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

up up up!

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

Interesting catch. Not sure what to make of it. Ron

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

Mine agrees with the original poster asking the question. Any chance you are using EMA instead of SMA (exponential avg instead of simple avg). If not, I need to restart VT Trader. Thanks, Ron

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