LOL, not looking nearly as good as when i posted that. At least my long eur/usd tp'ed at 1.5500. i like nice round numbers.

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

oops, i said that wrong, fridays candle made a higher low and signaled a reversal.

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

daily chart has been making lower highs. Today it made higher low, but monthly is bearish.

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

when i saw the new daily and 4 hour candles last night and i saw the chinese equities rebound, i was pretty sure eur and gbp would have a bullish day today. tomorrow, i dont know yet.

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

i hope so. I would like to own them at a better price until risk aversion returns.

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

post your chart, and let us help you interpret it. 4 hour looks to to turn sideways then maybe a retest. daily was good momentum, and fell off the highs. typo

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

Q, your retrace is looking ok on the hourly chart. I hope we get good correction, cause i would like buy it cheaper than it is now.

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

of those 2 people i guess i am the one trusting the chart. Not what what that other guy is doing... no offense intended.

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

yeah, needs to build a running start for enough push to break res.

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

i followed the retrace down until ran out of steam, entered at 1.5464 stop loss at 1.5455, targeting daily 5 sma high area.

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

the charts wont deceive you.

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

Scrat is correct, hourly chart 100 sma held on london/ Frankfurt close.

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

I was banking on what I saw on the hourly chart, and the fact that U.s. session will sometimes continue the daily trend after Frankfurt and london day traders take their profits.

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

i like the odds....

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

i am targeting a retest of the daily 5 sma high or actually just below it for eur/usd. worst case scenario is a stop loss for +1 pip.

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

set sl to to +1 as it up +19 pips now.

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

yes, but i cannot rule out a retest of daily highs yet, tomorrow i may be short again. Stop loss is b/e already, so it is a freebie.

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

my long eur/usd tp at the daily 5 sma high. I just bought this last dip with a tester positon, now that i saw some profit taking last hour of london and frankfurt, looking for a possible re-test of the highs.

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

yeah, it is trying to resolve it.

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

not really, just a hobby on the tomatoes. I have some mother plants for the poinsettias but I did not even take cuttings yet for the early crop. i guess that is going to be a hobby too.

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