That idea went Nil fairly quickly lol Still long based on the 4 hour and currently in a small drawdown with it- It'll probably be a large drawdown or a loss before turning back up if it does.

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

For those indecisive moments in trading. url

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

First we have the 4 hour gann and QQEs crossed up ( on my charts at least). Now check out this 30 minute chart. You'll see the pin 2 bars ago and the confirm on the last bar. More often than not, you'll see a retracement directly after that ...

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

Or you could call it retracement for more buyers at the lower levels. I'll post a chart in a tick

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

I've finally closed all my shorts and just went long the gbp/jpy only based on this- the 4 hour cross up of the Gann line along with the QQEs as it is showing the best possibility for profit.

MW's trading journal

I'm gonna go ahead and retire now. lol

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

I'm not Karmo, but more often than not you'll see a retracement after the confirmation bar to a pin. Look back through history and you'll see that it retraces quite a bit after these PA setups.

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

Your wrong! It should be at 175.99! Nanner nanner! Sorry, just bored out of my mind!

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

Very much so. I've made more in the past two days than I did all last week trading the price action alone. Ridiculous. I still trade other methods, but I'm really enjoying adding this to my repertoire after a long time of studying and sitting on the ...

Karmo's trading strategy trading GBP/JPY

Above and below the Gann lines, or if my take profit hasn't been hit and price reverses to the opposite- a cross above or below- I will reverse the position. Occasionally, if I see a solid wall of S/R, I will place stops above or below that point. ...

Karmo's trading strategy trading GBP/JPY

That's exactly how I have mine set up as well. Good stuff man!

Karmo's trading strategy trading GBP/JPY

Thanks Karmo, it's only good because you turned me onto it! So thanks for that my man! I've been scalping all day long and I am beat lol I'm jst waiting for the daily close and then opening longer term positions, then getting some sleep.

Karmo's trading strategy trading GBP/JPY

Here's that 5 minute close. Now we need to wait for the QQE to cross, a confirmation candle and Hopefully a retracement to the 5 sma.

Karmo's trading strategy trading GBP/JPY

Sure thing. We got to the 50 ema and I took profit there. You'll notice on your 15 minute charts we saw a bearish pin coming off the gann line on the last close and the QQEs are still down. This is telling me to stay short from here. I'll be adding ...

Karmo's trading strategy trading GBP/JPY

I;m waiting for a retracement to the 5 sma now for that 5 minute entry before going long in order to gain the best price. If we don't see it, oh well, no trade for me until we do and price is reasonable (40's).

Karmo's trading strategy trading GBP/JPY

Everything is setting up perfectly if the daily candle closes bearishly as a pin. We've seen the 50% retracement today, which is not coincidentally where the resistance from the Gann line kicked into play as well. Price rejected nicely, and IF we ...

Karmo's trading strategy trading GBP/JPY

There's possibly a 5 minute opp. coming up which I'd be targeting the 50 ema on a break above the gann line. I would, of course, take less however. Trading is all about protecting the gains that you've made, no matter if it is 20 pips or 100. This ...

Karmo's trading strategy trading GBP/JPY

I would assume he meant the price action moving up tpwards the 50% fib line on the daily in unison with the daily gann acting as resistance at that point as well. That's just what I would think though. I know I'll be putting on some hefty shorts on ...

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

Damn I love you Karmo. I've made more money using the QQE's and Gann method in the past two days than I did all last week. Thanks man! If I see any setups while I'm lurking, I'll post charts for a heads up on opportunities.

Karmo's trading strategy trading GBP/JPY