I agree. Monthly chart has broken hard from the upchannel and will test the brown 55 sma at 209.76 area then the green 250 sma at 200.44 for now and leveling out. The 150 sma (teal color) and the 100 sma are rising to meet the 138 fib extension ...

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

2 attempts to break 211.40/50 area so far. If broken, it will complete the right shouder of an inverse head and shoulder formation on the 5 min chart, which might confirm a small retrace up.

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

I drew some fibs on the 15 min last night. There is a 138.2 fib at 210.85 area that was barely penetrated to 210.76 area then reversed above it.

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

4 hour 5 sma low is sitting around the 211.90 area. Daily 5 sma low is sitting around the 212.23 area.

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

looks like dow will open positive. look for bears to attempt selling into rallies in the afternoon, maybe.

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

i booked one of my 3 shorts for +200 pips at 211.07 from 213.07 entry. I am watching to see what happens with the dow today. I may hedge the 2 remaining shorts with a buy. I closed any longs i had from friday's hedge along with my shorts from 214 ...

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

monthly chart 55 sma might provide some support at 209.76 area. Brown sma is 55sma.

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

ooppssss sorry, guys wrong thread....

Aussie Pairs

here is the chart

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

I saw a head and shoulder on the 15 min chart last night before i went to bed so i took 3 shorts

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

my zigzag indicator is pointing down on monthly, weekly, 4 hour, hourly, 30 min and 5 min 15 min still pointing up when all time frames agree then we should see a move. Looks downward to me for now. When the 15 min turns down, they will all be ...

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

Dont be surprised if the dollar strenthens against the euro shortly.

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

yeah, i stole your pic. thanx...I am a woody woodpecker fan

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

price is above the 100 sma (aqua) which is bullish. 55 sma (brown) has crossed below 100 sma which is bearish. 22 sma has crossed below 55 sma and 100 sma which is bearish. These mixed signals tell me choppy trade is ahead (consolidation)

Aussie Pairs

i see the price is above the 5 sma high and 5 sma low channel, which is bullish.

Aussie Pairs

P.S.... I see bearish 1 candle momentum indicator (blue). I see 5 candle momentum (yellow) above 100 but pointing downward. I see 10c and 14 c moms above 100 but pointing downward. My zigzag indicator (aqua) is showing 4th wave up from the previous ...

Aussie Pairs

Could this be a head and shoulder forming on the daily chart for aussie/dollar? I cannot say for sure. If it is a head and shoulder, then it will complete the right shoulder around 90.91 area and drop. Aussie will have her own set of problems in the ...

Aussie Pairs

Thank you for that explanation.....Keep us informed on your insights.

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

One more thing to take into consideration: Who owns the majority of Forex reserves in this present world? What are they doing with their reserves? We are hearing about sovereign funds in the financial news lately. The oil money (opec and middle ...

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

Thank you for trying to clarify your rather cryptic messages for us who are not as enlightened as you are in this arena. It would greatly help me to understand what you are trying to say to us.

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