the doji on the 1H, is starting to look bullish. have to see how the next candle closes. the narrowing wedge on the 15M is bearish. ....or we just may go sideways for hours too... thats it for me. have a great weekend everyone

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

134.10

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

spoke too soon..... maybe she needs to back up more to get a running start at 156. closed my short earlier. waiting to see what happens next. feel like a jaded lover with this pair, been slapped too many times. LOL

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

maybe the pullback to the 38.2 at 156.6 was it. 3 crows on the 5 and 15M say down.

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

we've been bouncing off the 157.1 and 158.2 for the past 3 hours.... what I want to know is when we break through! CPI news in 12 minutes... that might help.

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

Here's the MT4 version of the Jurik MA of RSX (similar to the one Malcomb uses on esignal) Godfrey posted it here a while back. It works great. You need to also install ALL the files from this link for it to work properly. url .

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

hi bluemax. one reason you probably can't find a Hilbert filter is that they don't work. John Ehlers gave up on frequency discriminators a while ago because the long signal cycles are swamped by noise. For something "off the shelf" the Jurik are ...

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

this could be why.

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

Not betting on this, actually hoping the US can pull out of this slump. But there are some mitigating factors. First, there is no manufacturing base in the US. It wasn't mothballed. The intrastructure was literally bought up by China in the 90's. ...

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

Kind of silly. They can't issue gold backed treasury bonds for a myriad of reasons. ...btw: when was the last audit of Fort Knox? US deflation is inevitable. The only question is how bad. My guess is unimaginably bad. Comparing it to the ...

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

I know it's similar to the t3ma and the HiLo Gann. The problem with those is they tend to slope more, so can give a false reading even though all 3 have identical entry points for a trade. Waiting for the second candle to close cleanly past a ...

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

I'm curious, do indicators like the tema tend to middle when we're consolidating? If so, a break above on the 4H might not be an indication of a long trend if the line is running horizontal. Is this correct?

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

maybe... I used to end up giving pips back jumping in too fast after a decent trade. so I set hard rules to keep from shooting myself in the foot.

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

me too. fibos work. I really like emas too. we just bounced off the 21ema on the 5M on the dime. If it can break through, then we should see a nice drop. It's banging against the 12ema top side. It's errie how well the emas work...

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

my short entry target is 159.54, Is 50% retrace of the move down and a strong resistance area from before. completely missed the move up... went out for ice cream! lol

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

Waiting here too. Nothing worse than getting stuck watching the screen while your position goes sideways for hours. I can go get ice cream while I'm waiting!

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

You may be right. I'm waiting to see if we break above 157.48 and the 62EMA on the 15M first.

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

lol! I meant FOMC...

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

Have to break out of the 156.84 (38.2 fib) - 157.47 range first before a direction is clear. May not happen until BOE news....

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

Closed last leg of my short before news. Didn't quite make my target from Sunday. We missed the 38.2 fib (215.6 High x 118.8 Low) by 15 pips, but close enough. 604 pips TP. I can't believe we got there so fast... I was expecting it to take much ...

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