..... or as we say in England " at least Dick Turpin wore a mask" ! url

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

The game is - tell the people its bad, then tell them its really bad - the Govt - ie you and me, cover the really bad stuff, we inject more money into the economy ( which you and I pay for later in our taxes ) , the economy recovers, the Banks etc ...

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

I used to be a Finance Director, its the oldest game in the world, when you are going to have a bad year - have a very bad year, write everything off you can possibly do - even write your good assets down. Then - next year you are home and dry and ...

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

I am also looking for a bounce - at worst off 99.50 to resume the upward move in the channel as per chart. Been in Eu since 1.32 and similar for GU - now both with tightish stops overnight. S&P Fut is still showing upward movement - whilst overall ...

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

Extract from Article written by Boris Schlossberg The only economic release of the night came out of Japan where wholesale prices declined at the fastest pace in seven years. The CGPI index dropped -2.2% versus -1.8% forecast, stoking fears that the ...

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

Around this 147.70 - 148 level is going to be key as to how things play out. We are testing the 4 hr Gann and so far have been rejected - and as I write we hit 147 ! And my Daily Pivot is just below around 146.90. The BOE is already priced in, we ...

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

Look at how the bottom TL cuts the fib at 76.3 - could be by end of week. Doesnt show clearly unfortunately due to chart shift - will try and rectify.

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

Interesting, looking at my charts and yours a 800-1000 pip move would take us to the 141.50 area. which, looking at the last fib drawn from the last low around 135.75 would suggest a low circa 141.50 - right on the 61.8 fib, which as we all know is ...

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

again..... I entered at 149.81 ...... very similar approach we have.

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

This is very interesting stuff, I also trade on 4 hour with slightly different indicators and would be interested in testing/comparing against your strategy. Would you be able to add the indicators so that I may download them please ? Thanks

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

The question for me is will this 145.44 area hold up and give us a bounce back up. I reloaded at 145.80 and 146.30. mmmmm

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

Lest we not forget what day it is...... FRIDAY 13TH !!!

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

I am going to follow malcolmb strategy of buying on the dips whilst 4 and 8 wma are above 14wma on 15 min chart - worked beautifully yesterday.

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

Well thanks malcomb14 - you learn something new every day! Very interesting, presumably you use this as a part of a trigger for long/short when at the end of a range and final confirmation on crossover. Thanks for that useful insight.

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

Run a 75sma on 15 min chart and look at the resistance it creates - almost too perfect.

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

This gets interesting - look at a 1 hr chart. make sure you have the channel drawn on and daily S+R's. Then add a fib from the ;ast high around 135.72 to low around 118.82 - its not too critical to be dead on. Now draw a trend line across the tops ...

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

Well it looks like cable wants to push up higher !

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

I am using MT4 and have a new 4hr candle at 8am GMT crossed up over the gann line, my other indicators are showing north as well, my next target is 132.85. Bad figures out from Japan are helping.

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

FXsol are a set of robbing b*stards ! I have used them in the past and been caught out so many times with spikes which dont show up elsewhere. Now with ODL Securities in London and have no such problems.

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

I agree with your MT4 readings 100%

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