good morning aus, nice to see the news site

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

30 pip gap on my northfinance trading already started... current price is 233.10

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

hi guys...relax..all will join in 1 hr time..

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

My views on the g/jpy for this week, not much heavy news coming out of UK, so we are on another range bound week, hopefully we will see a break of the trendlines ( Magenta ) . The 200 EMA has proved to be a good resistance and its not a easy MA to ...

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

thanks, bro..

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

guys, i am off for opening my fast and prayers, hope to see u guys 3 hrs before close of Day, hopefully my TP would be hit by then, its been a eventful day..hope u all had it good too

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

bro can u post the weekly, monthly and daily pivot indicator thanks

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

1hr chart, with fibs and trendline, i am short now from 233.36 First TP is 61.8 fib and second TP is 50% Fib SL is 234.05

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

trendlines are wonderful and fibs are excellent, thanks to karmo, its been a wonderful day today..from Monday i will post some charts with trendlines and Fibs with my opionion of what would be price action for that week. a 4hr chart below, my target ...

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

thanks, bro, looks good just did one long trade and it was good. was long from bottom of bollinger, stoch was bottom, rsi 2 was bottom..long from 232.55 took profit at 232.75 , short again from 232.75 , lets see what we get when stoch and rsi are at ...

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

ok, will do a forward test using this setting and see the result, thanks

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

on g/jpy i keep my SL at 20 pips, coz this beast can move around in seconds, i am trying to see if i can incorporate some indicators like the stop reverse which AUS uses, experimenting yet, but this system is for fast entry and fast exit, sometimes ...

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

have been using this, need to try other settings, what do u suggest ?

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

default, 20,2 stoch is also default... rsi is 2 i see the trend on 5 min and keep mt tp open if i see either a uptrend or downtrend

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

bro, an example of the 1 min indicators i use, its been highly successful, the magic is to have low spreads and i use MBT so my spreads on g/jpy are sometimes 1-3 pips

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

thanks mate, i am a day trader and dont take long positions , max i hold a trade is 4 hrs unless i see a reversal and ur system i found to be one of the best in determining the strength of the trend, i usually dont wait for 1 and 5 qqe to cross 50 ...

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

Aus, pls have a look at this 5 min chart, is it matching urs, i can see the 1 and 5 QQE and momentum pointing south,

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

i see a reversal from the 76.4 fib of high 18th ( 234.26) to the low of 20th ( 229.48). I am currently short from 233.00 targetting 231.87 as First TP and Second Tp at 231.31 I know 231.8 level has proven to be strong resistance and support, if ...

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

After being here, i now only stick to technicals and ur strategy and Karmos Fibs and trendlines

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

I second that, AUS i was messed up by doing both, but now sticking purely to technicals and what chart price action shows

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