current 15 min — if the current candle on the 15 min can close low, we will have a nice counter trend fractal. Lookout!

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

Yep — A dumb money vacuum.

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

Strong bearish div — bearish divergence on 15 min regular rsi

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

Hmm — I know the mainstream answer for the climb in oil prices is simple supply and demand, but if this was the case why the recent crazy spike? I don't buy into that. Investors are hedging their dough in commodities, especially oil and food. ...

Crude Oil at $200

Current PA — This current price action reminds me of the babypips days, waiting for the old bollinger squeeze and break out.

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

Hello — Good questions...Every TF has it's own unique Support and resistance. Knowing where these levels truly are is the key to trading with fibs. Your 100 and 0 fib levels should be exactly at true support and resistance. When the market ...

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

The tattle tale area for the move down — I highlighted the hint area price gave us for a move down.

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

15 min cycle still unmet — The open cycle I was babbling about early today still needs to complete. The 30 min and hour charts finished their cycle with the up move this morning, and forgot about mr 15min. This sort of thing happens on all ...

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

hello — I was just curious what you are looking at for this? Thanks, Scotty B

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

Hey friend — You won't see what I am seeing unless you get on to the 15min charts. Every time frame has unique support and resistance levels. You should always have your 0 and 100 fib lines on the true location of support and resistance. When ...

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

Hey man — I am right there with you Karmo. I'll shut up about the unmet 15minute cycle soon, but it is important here. As I said the hour chart just finished her cycle and if the current candle on the hour chart becomes a high fractal we'll ...

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

1 hour fib complete — Price now establishing new resistance on the hour chart. Cycle finished at 206.78. New true support is @ 205.19 on the 1HR. 4 Hour still needs to finish her cycle @ 209.83. Because of that unmet 15min cycle, I don't think ...

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

You're right to an extent — Yes there are higher TF cycles that come into play and thats what happened here. The 30 min signaled long and perfectly went to the upper 38 target @ 206.52. This does not negate however the 15 min cycle I am ...

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

Careful longs — Geppy is out of range on the 15min. She needs to get to 205.07. Fib cycles are never unfulfilled. She is going to drop back down to finish the cycle. Always IMHO.

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

In short cycle on lower TFs — This is really crazy PA going on right now...Short fib cycles open on the 5 and 15. Totally disregarded short and went straight up.. I see this every now and then on the charts. A spike in the wrong direction then ...

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

Current Hour candle — She is headed to 206.78, but if the current hour candle closes low, she will bounce off of 205.30 and bounce back up. IMHO

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

One more possibility — I learned a new technique recently, and I wanted to share one more possible scenario for the current action. This does not negate the current fib cycle which is the official S/R right now. I am using a static 144 fib. I ...

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

Long here — Hey guys, I see a long trigger on the 1HR. We had a strong bump down, even below the lower fib line, but cycles always finish in the hinted direction. She is going to 206.78. The current hour cycle is long. Of course IMHO.

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

Hey guys — I am long GJ to 206.70. Fibs only. Scotty B

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

Allllllllllll About The Money!! — Thats it guys... The big boys are raking it in and there is not a thing we can do about it. I think oil's hay day is almost over and thats why we are seeing these prices. It's old technology..I think in the ...

A crude oil at $200 response