Well boys and girls...... how are things ? Holy Dow Rally Batman....... Seems we slowed, stopped and turned around here. Got a 15M close below R3 and we should start the fall back down to normal it'd seem. (if she continues south) 15M Stoch crossed ...

GBP/JPY for QQE Traders!

Don't forget, news in 6 hours......... boys and girls

Breeze....Update on GBP/JPY

Well, seems 208.9 was tough to break. Looks like a retrace to about 207.90 area, which is the 50.0 retrace from the last move up. South of that, I'd say S1 around 207.15 I'd be suprised about any lower, unless the news later tonight plays a part in ...

GBP/JPY for QQE Traders!

for Scalping, I don't want for a qqe cross of the 50 line. For longer term trading holds, I would. waiting for another bar to close is fine. It's safer obviously, but you could also lose out on pips and quick pips is what scalping is all about. OR, ...

GBP/JPY for QQE Traders!

207.30 area is strong S/R. I doubt we'll see it drop back through there. I'll add another long scalp there if it gets there. But, as of now, it seems 207.8 is acting as strong support again as well. We're having Higher Lows, which signals up trend. ...

GBP/JPY for QQE Traders!

Morning all. Well, got about 3.5 hours sleep. Seems we have a double top and now double bottom formed. Price is pushing back up. Seems the Yen tanked against everything for a little this this am while I slept. Not sure the reason yet, but looking ...

GBP/JPY for QQE Traders!

PC's got a busy couple of days coming up. He told me he won't be checking in too much for a few days, but he'll be back with us shortly...... kj

GBP/JPY for QQE Traders!

207.78 is S2 and 208.21 is S1

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

Went long at 207.11 and tp'd out at 207.70. Also went long with a smaller positon at 207.13 and will keep this long term. That 206.80 area was strong S/R area from last push down from 216 and push up to 214 before this fall. I tried to break that ...

GBP/JPY for QQE Traders!

Last few weeks I have been. refined my system and only go with the trend, so I've been trading larger lot sizes.

GBP/JPY for QQE Traders!

207.11, tp'd out at 207.70, hit it by one pip. If she closes above S2, I'll go in again and head to bed (2am here in pst) Made over my 10% profit for the day already. Can't be greedy. Have a smaller position at 207.13 I'm gonna hold for a while...... ...

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

Exactly. The 15m Gann is just under the S2 area, so that where first TP would be on this small scalp long. we'll see.... already did my 10% profit for the day, so this is all gravy, if any.

GBP/JPY for QQE Traders!

you're right, but all looks pretty neutral to me.

GBP/JPY for QQE Traders!

S3 is 207.08. It's closed below this, but it's just hovering at this S/R area. this area was strong S/R back on the initial drop/rise from 204. 7 times price bounced here, so if she goes up.... we start our move up.

GBP/JPY for QQE Traders!

I think the fact it's stopped up in this area for 3 15min bars shows some Support. I TP'd out all 5 my shorts. Awaiting a close above S3 to get in with a small long (scalp). WE'll have to see when the longer term UP trend takes over.

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

booked profits at 207.16. Awaiting to see if S3 will / can be broken or if this is our turn up.

GBP/JPY for QQE Traders!

First TPs at 207.7 hit. 207.17 next TP.

GBP/JPY for QQE Traders!

It's a nice ride, eeh Q ?

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

a close below 208.40 and we'll see some more south before our heading up north......

GBP/JPY for QQE Traders!

that pin bar, under normal circumstances would be evidence of the immenant turn around... but the size was altered due to Fundies, throwing the tech side of it off..... IMHO. With not rate cut/bearish news, that pin bar wouldn't have been half that ...

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