karmo stopped out, will wait for a 4h close below 4h gann and 4h QQE to cross before entering short again.

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

Correct.

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

Hey supremeChaos, I don't know what kind of falcon is it lol, and no it's not mine. Thanks for the bday wish, and the Doc's have told me I've got a throat n chest infection, it's getting better slowly.

Karmo's trading strategy trading GBP/JPY

Good to know, thanks bro

Karmo's trading strategy trading GBP/JPY

Price is below Daily, 4H, and 1H 50ema and is currently trading below 4H gann hilo. Price could also close below Daily gann hilo today/tomorrow, we'll have to wait and see.

Karmo's trading strategy trading GBP/JPY

Looking at a naked daily chart, I see this..

Karmo's trading strategy trading GBP/JPY

LOL maybe I had a sell stop at 130 with stop at 131 risking 1%, let's see where GJ takes us...

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

Last week GJ was going to tank but then Obama came out with that plan and markets rallied on Friday, so did GJ. Now GJ is looking very bearish, if we don't get any BS news again, GJ shall fall nicely this week. Hint - Look at 4h/Daily QQE's and ...

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

Karmo is here, and will always be

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

get used to it if you want to be a successful trader.

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

First of all the gann hilo is not 10sma, go to my thread and click on the attachments, u'll find Gann hilo there, upload it to ur MT4. As for settings, set the lookback period to 10

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

channel? I don't get the 4h gann channel, 4h gann is just a line.

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

Keep an eye on 4h gann, if we get a 4h candle close above it then trend has changed to bullish.

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

correct, based on auslanco's method, the safest time to go short would be if 1h reverses down as long as we stay below 4h gann. plus I see a 1h bear flag, top of the channel is 129.70ish

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

Price is still below 4h gann, so bearish to me.. The announcement did surprise.. if we don't get above 4h gann then this rally is BS.

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

make sure you put some patience pills in their meals too

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

lol, get ready to go 'all in' tomorrow/next week mate

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

If the daily QQE crosses down which I think it will, then we will see new lows in the coming weeks. My advice would be to sell rallies

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

I'm a poor man

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