this beast is can't make up her mind....lol Now its looking bearish on the lower timeframes though.,

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

ugh...Im gonna sit this one out.

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

So far, PA suggest a break north.

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

Hey Moe, where do you have your 4H 50ema at? I have my Oanda charts open with a 3H 50sma at around 154.

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

Let's see where she closes with the next couple of 5 min bars.

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

I may be wrong, but if we do see a break of 150 area Upward, I don't think we are going to see it till after at least the next hourly candle. Possibly longer.

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

lol....I was just about to type that...hah. Nice little fake out to shake the tree alittle.

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

hmmm..on my charts I have the 100 sma on the 1h at right under 150.

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

Nice bounce at 146.00. Possible test of 100 SMA on the 1h again?

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

We also bounced off the 50 ema on 5m. Let's see if this holds.

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

Stopped out.

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

yea...it was a sweet short. Im in for a long scalp right now. It appears like we are due for a retracement and maybe a reversal based on PA and Fib levels.

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

wow look at her go. Good short Malcolm. I closed my earlier short too early as well and jumped back in.

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

Seeing the same thing. Went for a scalp long at 144.81.

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

and there she goes! GY and GU coming down sweetly, and UY following.

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

If the 50 ema gives out, I see 145.50 as the next target.

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

At 50 ema presently. Lets see if this will provide some support with the downward pressure.

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

30 m, 1h candle closed very bearish which may signal at the least a temporary reversal.

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

LittleMoe did it again! Nice call. I do think we will see some upward movement all together, but hit .40 and came right down. Good job! Just curious but what did ya see to be exact? Was it the 55 sma, because thats what I have on my charts at that ...

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

Excellent gut feeling that time LilMoe.

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