the holy grail in trading is SUPPORT AND RESSISTANCE LEVELS!!.. no indie's no mva nothing thats only a helpline for an exit levels etc.. i will stick around until 99% traders here trade only supp&ress levels,and know where EXCACTLY ARE THEY ... all ...

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

aish complicated!!! you must know better than me of indies and moving averages.. i keep it simple and trade only supp/ress levels.nothing more,nothing less.. all what i know is below 130 supp is bearish and lows will get target,,so far we are above ...

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

are you weekly trader ??? yes weekly i do conisder bearish ? i tihnk you are more a 1 hour and lower tf trader . am i right ? what does that looks like ? bearish ??? i dont think so and BTW we can even break 138 and we are still extemely bearish 138 ...

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

to all the bear traders.... what else do you want for a medium trendreversal ? and some here still try to short it after many confirmations of a bottom is in place? even after we break the neckline of the inverted H&S ? and still short it for a ...

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

it looks all good for that target,i wont personally target lower than 79.94,if we take out the prev high at 78..i have a pending at my entry level @ 75.97. if we dont drop down to that level,i will prob. miss it,and catch aonther one ..and it looks ...

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

leeson..did you enjoy it ? ... i did not short ,but target it all week as my exit point of my longs,but didnt reverse it,,but we spike 2 pips above and drop down... i would not take it further than 1.4611,if you did short.it is only a 100 pip ...

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

here you go,,before i leave for some who dont know what will happen next...we are bullish for rest of the week.. here is the charts (daily, 4hour & i hour) dont have to explain ,,the charts do.. im long at 75.97 and target the above.. gl . (dont let ...

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

some who sit and watch the charts and want to get it in with me... buy aud/jpy @ 75.97 .. im not chasing it,,will only enter long if we test it .. gl luck,, im use a 50 ,maybe more pip stop,,target 400 pips (79.94) let me know,,if you need a chart ...

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

lol at buying make ups ? we confirm a week ago a bullish pullback .. buying dips ,rather than selling pullbacks .. until we see a clear trendreversal formation on 1hour/4hour and lower TF.. gbp/usd hit my target at 1.4720 .out of all my ...

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

nope..in no trade zone..ress all over from 133.50 upto 137.. wait for reversal signs !! gbp/usd better option to sell at 1.4720

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

obv.. 135.90/137.40 gbp/usd 1.4720

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

Manually draw it from original MT4. Look under "insert" at top,scroll down to "shapes". Is that what you mean?

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

[quote=fullhouse;3759309]do you see the H&S on 4 hour ?? i dont knoiw if will go to left shouder height ? ..it close already below supp on 4 hour,,so a paraletic H&S with no right shoulder ... but my longs is all over placed at 1.02 level ..i wait ...

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

im on the sideline on gbp/jpy and dont take any action yet...but here is one of my favouites for a swing entry ...been ride it down from 0.9 and will start again from 0.8575 and if we pass it , add again at the real supp level of 0.8730/40 ..either ...

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

this is the play the next sessions ..if 130 hold then we might see 137.40 or 136/139 ..a chart from yesterday

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

watch for 133.50 !! then work out your 161.8 from the low for an ABC,that will put us right to 137.40...if 133.10 dont hold,then 133.50 should hold it..but overall bulls still strong and out there the divergance is coming strong in ,,so spike after ...

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

oh 133.10 the untested hold it ? next recent untested support that will bounce it ,will be 131.18,as i point out yesterday,,but ultimate untested supp we will soon see in next week is..129.95 ? whats an mega bounce at that level ,,so for now ,steady ...

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

post your counts ?? how is this one,,you see i can count 1 to 5 .. then it stopped there,,dont know much further of EW..i did only came to page 2 after induction on my EW studies ...

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

i cant really make out heads or tails on gbp/jpy,,so i spend time on other trades...pretty slow moves,but sometimes its good ,and not that stressful day how the gbp/jpy can turn from good to bad,to sweat to close of tears... so ill stick around on ...

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

check this out.. monthly chart ..we close 2morrow i think on monthly chart then we have a confirm morning star... if we close at these levels,and not much lower,,then ON ALL MORNING STARS,THE 4TH CANDLE DROP NORMALLY TO THE HIGH OF THE MIDDLE ...

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