We might hold at 15600-05 psych resistance and bounce still. Lower TFs starting to look like buy but H1 close below 15625 bearish.

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

Next stop 15585

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

Until 15625 broken no point getting too bearish (I'v got a +18 shortscalp on atm) as resistance broken to the upside holding as support on low TF and high TF and indis got room to move.

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

Guys, don't you see what is happening here, it's obvious. Watch G/U vs G/J M1... Market won't eat 200 billion USD a month unless you feed it slowly

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

Inverse shampoo on A/J M15 forming?

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

Big sells hitting the market.

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

1002.5 major fib resistance 61.8% of the 1018-977 downmove 38.2% of the 1009-998 downmove 50% of the 995-1009 upmove

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

Volume comes in 15 mins when the Germans start clicking

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

Hi malcomb, not sure why it works, it just does. Look at 178SMA on all TF, especially M15 and H1. You can see the most recent M15 bounce is perfect off the 178SMA, at least on my chart.

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

Still a gap at 1003.5 on M1 which should be filled if there is break above M1 178SMA.

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

ES M1 just filled similar gap to the one at cable M1 right before the drop from 6480-current. If we go up from 999.5 then might be some retrace on the cards before London.

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

Markets are definitely on the cusp. Check ES M15 with 178SMA aka "the money line". If she break down from here a long way to go!

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

Woohoo that was much quicker than I expected. Gotta love the M1, telegraphs the moves right before they happen. Exit short early at 6460 +21 pips. That's it for me today folks, +13, +12 and +21 is many pips for a Melbourne Friday, I don't drink beer ...

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

I think we drop from here to 6450. Took short from 6482 +13 pips then long from 6467 on the retrace to 6490+ (TP for me at 6490) now short again 6485 TP 6450 SL 6495

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

Just use url

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

Hi malcom, just wanted to say even though I'm a newbie member here I've been reading your posts for a long time now and found them more useful than anyone else on this site except maybe errich fx number levels. Especially because I do most of my ...

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

Nevermind we just did and drop 10 pips from there! What is target on break of 6480? I have lines at 6397 and 6400.

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

Guys please give advice to a noob. Looks like buying at 6480-6482 on cable, I am assuming this is critical support/resistance zone. Do you think we will break through?

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

Close remaining position at 85826 as price touch my 0.0% fib line and stop. Solid lines are Syd high low and dotted lines are most recent outside fib (M15).

EUR/GBP Trading Room

TP1 hit! SL moved to BE (half position closed at TP1).

EUR/GBP Trading Room