Plot a 5 period Simple Moving Average on your chart, then look where it is on 1H chart

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

Auslanco's strategy: 15m, 30m, 1H, 4H, daily SI/QQE indicating downwards..

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

I got stopped out and forgot about it

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

I shorted @ 237.86 I will short again once it retraces back to 5SMA 1H chart

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

Sometimes I just mess up easy trades and the hard one's I get them.. the market is playing mind games with me Thanks for your kind words Zoheir , Let's get back to studying and make lots of GREEN pips

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

wait atleast the 1h candle closes, that's what I'm doing..

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

because I am stupid at times, simple as that

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

That it will fall and it fell and still falling..

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

That's a nice pin-bar we have on 1H, but i'm still sticking to the plan..

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

Patience! Set your TP & SL, then enjoy the trade regardless of what happens..

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

Trendline is resistance for now, i don't mean it won't be broken.. i'm just saying image image

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

Auslanco is definitely 'The Man' I'm enjoying this SI indicator, it's just amazing.. Thank you

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

right, 15m is about to cross 50 line..

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

I'm long, TP 240.70, SL 237.75 I'll be back later

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

something tells me we will continue downwards, but don't listen to me.. I'll wait for confirmation first

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

I don't know, but 'A' is long and he is looking for 240.20 I'm just watching at the moment

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

Price bouncing off 5SMA 1H for the second time GU also bounced off the 5SMA 4H

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

Based on A's system Daily SI - Down 4H SI - Down 1H SI - Down 30m SI - Up 15 SI - Down Let's wait another 15 mins till some candles close, and see... it can go either way, continue downtrend or retrace upwards

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

Based on daily charts, 236.00 (50.0% fibo) should be tested today, last daily candle stick closed well below the 38.2% fibo

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