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

G/J will go down unless U/J breaks 116.65,....
Waiting for confirmation to enter short,....

Hi guys, I've been trading on and off for over 13 years, so don't be confused by the number of posts, not a newbie, jusy don't post often at all, last time a had a post was right when we had that big fall, you can check the trheads. That said, I don't like making preidictions, most of my indicators are saying that today could be a bullish day, but, we have a classic diamond formation with one maindiagonal down, in my experience, it's a continuation formation more often than not, that said, we also have that diamond inside another big diamon formation right at the top. If not in a trade wouldn't take anything at this leveles as breakout's could be fake, but my 2cent's, if I may this is continuaation pattern to the downside, immediate time frame, not long term, techically speaking it would make more sense for this pair to correct much deeper today, 234 area, or on the alternative count on the bigger scal it could push up to the 240 area before making a final leg lower to the 235.50, 236 area. In any way if you are not in, would stay out, as I expect a whiplash either way, would only trade from major levels mentioned here. A lot of guys here have excellent analyses, hopefully mine could also provide some light.

http://www.cmsfx.com/en/forex-resour...ex-commercial/

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Hey bro, first time I heard you talk about something fundamental

Saw that earlier... hilarious.

Now that I have short open, the movie make me sick

Hello all nice people of this thread...and the leader Auslanco

now its a waiting game.....

Breeze

Breeze, today there is no FAB ..


First time see you with no position.

i'm scared I might find myself in the wrong direction....its not about tech...its about fundies....by the way can you teach me how to qoute several quote messages please....if its not too much to ask.

Breeze

Anyone holding shorts? I've had short positions since the beginning of the morning at market open.

I think Aus is still Short, its bad we cant see whats happening in FXManager since its down..........

Does this happen regularely, I have been on the forum for a while and never herd about it. Where is it possible to find info?

Thank you

Gerry

G/J just broke out from the H1 and H4 wedge. Im expecting it to go down at least 200pips within today and tommorrow.

as the chairman of FED
i advise shorts

holding both short from geppy and eurjpy
for sometime nw

I would agree daily has a major TL which if breaks looks to be around the 200EMA. Also the QQE has just crossed. MOM looks to pointing south. Take a look the last time the 200EMA was crossed 1800 pip drop




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Hey bro.. did I say G7... sorry I meant Momentum 007. (a new indicator by James Bond):

Still got that short

...........

Yehh .. still do. Daily momentum was the only thing kept it alive.

What is your TP?