Weekly chart 1c mom and 5 c mom show a possible retrace up to 210.60 area. The 300 sma (pink color) was rejected 2 times in the last 3 candles (see that 161 fib extension also). Price closed above the 250 sma (green color) for the last 4 candles. ...

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

There is a G7 meeting this weekend. I dont expect much to come out of it, but the eur/usd will reflect caution until the communique is released. I expect this pair to turn upwards after this weekend. I noticed some strong usd/jpy buying thursday, ...

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

Pretty inverse head and shoulder here on the 15 min gbp/jpy chart.

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

Buy dips and sell rallies....

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

I took profits on 4 of my 5 shorts. still holding one with a +20 stop loss

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

I have a gap up on my 15 min usd/jpy chart

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

we are still in consolidation. Range is 213 to 208. Bottom was tested today. Needs to test upside next unless a panic sell occurs.

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

yep. sell rallies as long 214 holds

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

i will build shorts at 209.90 and 210.30 area on the way up.

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

I am buying dips today. 1st target up is 4hour 5 sma high at 209.51

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

I sold the rejection on the 1st attempt at the 4 hour 5 sma low at 209.56. I scalped short to 209.33 playing with the 5 min and 15 min moms.

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

Several Asian markets are closed for the new year. I am not sure what impact that will have....

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

It ran out of steam and made a double bottom. It needs to retrace a bit before resuming down.

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

i am targeting 210

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

i need to see an hourly candle close above the 4 hour 5 sma low at 209.55 area to consider buying, although i have a small buy at 209.40.

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

USD/JPY broke some strong support earlier.

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

New daily candle shows 14 c mom is above 100 and pointing up.

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

I was targeting the white trendline you see on this daily chart for my longs. I smelled a rat when it reversed strongly and investigated why. I finished +1.5% profit after subtracting my losses. You can see the red line is the low from Friday. ...

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

I was lucky today. I heard the rumor about ISM before it was released early, so i covered my longs with short hedges and let them run.

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

I will know more when I see my new daily and 4 hour candle in 10 minutes. Daily price breached the daily 5 sma low and retraced a bit.

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