Not usually a hedging trader at all really. That BUY you see on the chart was an accident, unfortunately, to be honest. But, since I know we're gonna turn around and head north and I can handle some DD on it, just left it instead of taking a loss. ...

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

PC, thanks for the 1KT nod by the way....... Didn't even know it was there until Mike pointed it out to me. kj

GBP/JPY for QQE Traders!

Sure, GJ is going UP in the long term. Short term, I think she'll drop down to 207, posibly 206 area as the bottom. Then, onward and upward. 61.8 fib retracement, from last push up, my tp. (white fibs) As Q and other said, the 50.0 fib at 209.4 ...

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

actionforex.com has this for overall DPs...... GBP/JPY 206.14 207.10 207.97 208.93 209.80 210.76 211.63 208.93 is DP

GBP/JPY for QQE Traders!

well, we have some lower lows and lower highs on the 5/15 and the 30m and 1H are still down.... 207.78 or so, is my TP at the moment.

GBP/JPY for QQE Traders!

here are some thoughts and ideas. 4H with QQE chart: QQE is leveling off, but still pointing a touch down. until thie levels fully or points up, a slight drop should be expected. I think the 61.8 fib of this last move up, at 207.38 area is probable ...

GBP/JPY for QQE Traders!

not bear biased, just what I see/feel. Last night I rode her all the way down and then rode her all the way up afterwards. Just trade what I see. Just don't feel this little up push is the start of the bulls run. I think it'll just dip to 207-206 ...

GBP/JPY for QQE Traders!

don't use SLs. I'll hedge if need be.

GBP/JPY for QQE Traders!

I'm short from 208.96 and 208.63. TP is 207.25, but will reassess on the way down and may move to 206.54, which I probably will.

GBP/JPY for QQE Traders!

Thought and Question Jaroo, This daily pin bar, is only as big, due to the fact the news broke. Go back a few days to the downward pin bar, yet momentum kept going UP before turning. I think we'll see a small trip back down to 206.54-207.25 area, ...

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

yep, the calm before the storm. Yesterday's pin bar on the daily is a usual tell tale, though I feel it's a bigger pin bar due to the news and a bit deceptive. I'm planning on a trip down to the 207.25- 206.54 area before our true push UP and a turn ...

GBP/JPY for QQE Traders!

Picked it about 11 hours ago, when I TP'd out at the 50fib and Sell Limit Ordred a short at the same time...... 10 wasted hours of boredom.....

GBP/JPY for QQE Traders!

this is just beggin to break out one way or another here. Price is sitting nicely just under the upper, downward TL on the 4H. She stays below like a good girl and she goes back down..... IF she breaks out up, I'd say 209.35 is the ceiling at the ...

GBP/JPY for QQE Traders!

so, price is still hovering around 208.5..... my god, how boring can a session beeeeeeeeeeeeee ? Ok, vented...... rant over...... drop to 204 NOW ! then, straight up to 222 in 2 hours.. No QQEs, Stochs, Fibs, Pivots, Bollinger Bands....... Just down ...

GBP/JPY for QQE Traders!

Roroe, Thanks for the kudos. Sith, PC and the rest of us are all evolving and this thread is making some good pips it seems. Just remember, trade it when you see it. I don't use SL's, so I may take some draw down or I hedge, but usually never take a ...

GBP/JPY for QQE Traders!

My 50Fib/TP was hit +1 pip. Now, short for a retrace...............to where ? 204..... ;-) 207.63 is the 50fib retrace for this last move UP...... 208.24 is the 61.8, which was hit 3 times on the way UP..... lets see.... I'm going to say at least ...

GBP/JPY for QQE Traders!

15M and the 30M and in 3 mins, so will the 1H all QQE's and Stochs are screaming UP. She's creeping...... I think I'll hit this one as it's a fib as well. Then a retrace to 207 or even 204...... I may adjust my TP to the 100sma. trade what the ...

GBP/JPY for QQE Traders!

208.63 is DP on my MT4 charts. Already closed above it.

GBP/JPY for QQE Traders!

Thanks Karmo. I appreciate that. Learned alot from you, and many others on FF.

GBP/JPY for QQE Traders!

We are still in a long term downtrend, but I don't know how much draw down you want to deal with. I'd Hedge if I was short for sure.....or just cut my losses. But don't do something because I said it. Look at the charts. I'm long from 206.70 TP is ...

GBP/JPY for QQE Traders!