Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Questions About Auslanco's Trades 72 replies
Dislikedif you draw a trendline on the hourly chart you will see that if we get a solid close above we should head toward the top of the bollinger band currently around 238.55 area but w/the 8:30am est announcements u never knowIgnored
DislikedSeeing as we are all putting our figures in, I have three areas to watch out for if there is a significant retrace. These are based on fibo confluence areas on the 1H chart.
these are: 237.13, 237.77 and 238.79.
But as Moneymagnet points out, there is a trendline to contend with first.
DislikedI don't know why I see end of retracs at 237.03 - 237.10 and I wana go short from this area
plz some one corect my viewIgnored
DislikedBe careful of going short from this point mandoaddam, you will be running straight into some heavy support just below you. It's best to wait till the price clears the support first. If you are super confident about it dropping then you could put a sell order in underneath the support.
DislikedHere's an updated one, don't get confused ;P