rising wedge formation? — image here is my view of GJ daily chart. rising wedge is forming, indicating that price might turns southward again. of course, i will keep monitoring price action within the converging trendlines. any ...

GBP/JPY Trendline Traders

Inverted H&S at 15min??? — image

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

thank you, MM. Noted already...

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

well... i will play it by ear...

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

Bullish Flag Pattern at H4 — image Hi guys, Needs your comments on this bullish flag pattern. Is it a valid pattern?

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

Well... My TP was the previous high 228.50 and my original SL was the low of previous H4 candle. Usually I only look at the chart again 4 hours later. If that happened, I would in lose, instead of gainning profit.

4 Hour Strategy (MACD)

Your comments please — Dear all, Below was my long entry on GPBJPY 2 hours before London opening. Looked it was a good signal. The price went up about 90 pips and somehow, I managed to lock +10 pips profit. As you know, the price dropped 200 ...

4 Hour Strategy (MACD)

Hi all... I wish to express my gratitude to Phillip for sharing his great systems. I have been quietly following this thread for several months. Slowly I learned about market rythm and now have gained confidence in using the systems. Below is my ...

4 Hour Strategy (MACD)

my GPBJPY SHORT entry at Tokyo open... after checking bigger chart price actions... image

Shiny15

another LONG entry.... GPBJPY at 5 min chart... look at yellow vertical line & green UP arrow.. image

Shiny15

Another marvelous LONG signal yesterday (entry at yellow vertical line) Now at +128 pip profit... image

Shiny15

j5000 may have better answers than mine. meanwhile, my approach in these 3 scenarios is as above (in RED font). P/S My above long entry have been stopped out with +5 pips profit. Will stay out for the rest of the day as the market is in sideway ...

Shiny15

Phew!!! The market is so choppy & 239.50 was a tough resistance level for GPBJPY. After confirming that at 15 min chart, the price was above SSL & Laguerre was above 0.70, I decided to go long @ 239.43. At 5 min chart, the rules was complied - price ...

Shiny15

of course i avoid only that two key news - NFP & FOMC... the rest has little impact...

Shiny15

my responses in RED...

Shiny15

well... broker's time stamp at the chart's bottom was 10.10.2007 01.40 (so it was on 09.10.2007 +23.40 GMT). So it is not TODAY...

Shiny15

well... i just follow the setting suggested by j5000 at post #83... still using the same entry rules as at post #1 i look at bigger charts to determine price direction and look for entry point at 5 min chart once i am in +20 pip profit, i will lock ...

Shiny15

Hi.... where is every one? Here is another try on GPBJPY. I used 15 min chart for LONG entry to confirm the previous downwards trend has ended and the upwards trend is about to begin.... image

Shiny15

Another run this morning.... All bigger time frames are in downwards trend.... So I went short... image

Shiny15

Another good run on GBPJPY..... 15min & bigger charts show upward trend... I went LONG at 238.70 (see yellow vertical line & green arrow). Already locked profit & set trailing SL. image

Shiny15