Gotta love the volatility, pips and more pips, bears are trying to break 213.60 support and may be successful at doing so this time with the news. . .
If 113.60 breaks, next support 212.80's. . .
If 113.60 breaks, next support 212.80's. . .
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
DislikedOk. Not being an experienced trader, cant comment anything on that.Ignored
Dislikedlol, well my psychologically set stop loss was at 215.60, which was about 20 points above my 61.8 fib, in which case i would have opened a long because we would of had a breakout to go northIgnored
DislikedLol...I have tried a lot of those psychological SL earlier. Blew one account in the process. Good luck with ur trades.Ignored
Dislikedstill nothing has changed on daily and 4 hour we are testing the low....which on my chart is the 0 fib..... if that breaks well we in for great ride down,,, if not expect her to retrace up some.... IMHOIgnored
Dislikedbro the chart i posted was valid at the time not now. at the time it had initially broken and closed "blue" and the next candle was also blue. Look at my chart next time.Ignored
Dislikedwell i re-entered short at 214.......however i still expect some more retracement probally to 214.30 to 214.50 area (where i entered)............at that point, i will stack on some more shortsIgnored
Dislikedquecee uj HAS NOT broke out of her 4 hour up channel YET gj should retrace at least 38 daily fib as i posted before but maybe only 23....
trade what YOU see but....Ignored
DislikedThanks but I guess we'll see shortly.
We may see price drift toward 213.33 before any retrace back up. A 50 bps cut is most likely being priced in so I'm not sure what would drive price upward, maybe some of the "fundamental knowing" seniors could answer that question. . . Also GU looks "crippled" at this point so any downward movement we see in GJ should be a result of selling pressure in UJ, JMHO. . .
I'll trade it both ways like I've been doing all morning so doesn't matter to me much, just trying to get a bit of perspective from these moves. . .Ignored