Fractal is my friend..I follow the fractal extremes. I dont base my entry on pivot levels..but they could be a good compass. See how often price rejected the red level and how it rejected the fractal at the green line

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

salam Karim I guess we wont see much action tonite.It is starting to range..just sell at the red line and buy at the green line.

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

But — This might come into play

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

Long is still very valid — I still believe long is still valid unless a H4 fractal is broken convincingly. We still havent made a lower low on h4 or h1. I am staying in sideline still..might go long again

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

Today shows how risky it is to play break-out.. I am saying this from experience. I had been caught with my pants down many dozen times before. It is safer to look for a false break setup and master it.:nerd:

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

Watching 139.7...a false break here can shoot us up north again...This beast has gone insane..

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

Same here...This 2 hours I will stay in the side line..Will wait for H4 closing

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

The next H4 closing may confirm if we have a false break..There could be a continuation south if this happens

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

That is one super move...that is why I love GJ

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

Not impressed with m5 and m15 PA..short @ 141.68. Tight sl with trailing stop

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

Dont like the look of the last two daily bar in UJ..How would this effect GJ? My ideal scenario is for gj to hit 142.5 but I would be extra careful with my longs..Better keep some in my pocket.

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

I hate breakout trade..I would rather take a retrcement fakey trade..minimise my drawdown. Now holding on at +40 and sl @BE

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

IMHO I think the bull flag in H1 is still valid targeting FE100. But 141.4 h4 fractal resistances will one tough nut to break

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

Hey..dont forget..he is Superman lol. Anyway that is a smart move..considering his sl will only be hit next millenium

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

I hope this one works — I need my pips for today...pushhhh

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

Fake out warning — Looking like a fakey is forming at DPP...this beast can drop like hell

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

Filled and stopped-out — Not a bad try..max DD 20 pips..caught 1+1 pip...Shitty GJ

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

PO filled — First PO filled...let us see where it goes from here

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

Bull Flag is breached — Another simple fractal analysis trade idea for today. Targeting FE 100. A possible retest of H1 down fractal. Putting another PO at 2 H1 down fractal @ 140.2 and 140.10

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

Looks like a bull flag to me on hourly — First target FE 100 then FE 162

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