My MA's are default from the custom indicators at my MT4 platform. Not sure what they are. I dont think it matters that much. Just remember to think outside the box. You know where the market will go from the monthly and weekly charts. You draw fibs ...

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

On an upmove look for previous support areas to short. On a downmove look for previous areas of resistance to buy. Draw your fibs backwards.... You need to think outside the box.

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

Hourly chart shows some upside potential.

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

I did not feel comfortable last night so I stood aside. Today I sold 3 shorts just under 212 area after it rejected. I booked 2 of the shorts around the 210.24 area, and kept one short. It made a higher low there. I bought the pair at 210.38 for a ...

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

yep, i can catch a short on a retrace.

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

HUH? What are you trying to say? I posted that moms look a little bullish, and that I am standing aside for now. where is your chart? 1C mom is blue 5c mom is yellow 10c mom is orange-red 14c mom is orange.

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

here is new 30 min candle. I am bearish, but waiting.

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

new 30 min candle coming

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

here ya go on the hourly chart.

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

Pipchick, what are you seeing for now?

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

30 min, hourly, and 4 hour moms look a bit bullish for now. I took profit on my shorts for now. Waiting for a clearer picture.

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

I was counting on a weak Ric's house price index to fuel my shorts. waaaaaaa

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

i added another short at 211.57

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

Did anyone notice that the GBP Ric's house price index was removed from FF calendar? It was scheduled originally at 0:00 GMT (7 p.m. EST).

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

212.58 is daily 5 sma low.

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

the 161 fib was penetrated on 15 min chart 211.93 area on the current candle. I have another 138 fib sitting 212.20 area.

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

I booked my 3 long scalps early when cnbc announced a 24 billion write off and layoffs of 14,000 for Citigroup. That cant be bullish for dow.

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

for you no indicator traders the rejection of the 138 fib at 210.85 area calls for a retrace to 161 fib at 211.93 area.

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

5 min chart inverse head and shoulder has broken the right shoulder area confirming small retrace. I have 3 longs target 212 area. I am still holding my 2 shorts from 213.15 area but I am scalping the retrace with a hedge.

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

here is the chart. It shows it pretty plainly.

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