![](https://resources.faireconomy.media/images/emojis/64/1f44d.png?v=15.1)
Also, I expect to see profit taking toward the end of the week once all the announcements are out. . .
Auslanco 15min GBP/JPY startegy 630 replies
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My MT4 indicators for Auslanco's strategy 92 replies
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DislikedOne thing we have to remember is the wkly head and shoulders with the top of it setting at your 229.20 resistance. If that breaks, (and it may with the US rate decision) it would be violating the wkly h/s which usually will send the pair a few hundred pips on a 4 hr h/s so the wkly h/s could see several hundred pips on the long side should the 229.20 area be violated. Looks like we will have may good trading opportunities this week.Ignored
DislikedJust a word or two of caution. Personally I'll be looking for a retrace. But there's still some upward potential, so don't over leverage your shorts. After gaining buyers we could see R2 resistance at 228.71, the 38.2% fib at 228.92, or the 4hr 200ema at 228.94.
US pending home sales news is coming up soon. There could be pre-news spikes in either direction. If the stock market loves the results, the upper resistance appears to be R3 at 230.11, 4hr 200sma at 230.17, and the 50% fib at 231.26.Ignored
DislikedHmm . . . mine reads 228.95 now, and the 200sma is 230.17 . . .
I've noticed more discrepancies between brokers on Monday than any other day of the week.Ignored
DislikedHmm . . . mine reads 228.95 now, and the 200sma is 230.17 . . .
I've noticed more discrepancies between brokers on Monday than any other day of the week.Ignored
DislikedROTFLMAO!
I like looking at GJ from both long and short perspective. . . I tend to look for opportunities for intraday trading and good set-ups for long-term short/long opportunities.
As stated yesterday, I was neutral short-term as GJ looked to have room to move up to at least 231.xx. . . However, I still think we'll see it stall up at those levels but could see a last minute XMAS push even up to 233 before a big reversal below the neckline. Thats what I'm seeing in the charts from a short and long term view.Ignored
DislikedDailyfx see the dow dives to 13000 and after a big up :
http://www.dailyfx.com/story/special...063451637.htmlIgnored
DislikedROTFLMAO!
I like looking at GJ from both long and short perspective. . . I tend to look for opportunities for intraday trading and good set-ups for long-term short/long opportunities.
As stated yesterday, I was neutral short-term as GJ looked to have room to move up to at least 231.xx. . . However, I still think we'll see it stall up at those levels but could see a last minute XMAS push even up to 233 before a big reversal below the neckline. Thats what I'm seeing in the charts from a short and long term view.Ignored
DislikedI've taken a small short @ 228.66 since we've got a bit of resistance here, let's see what happens.. I'd be happy to see a bar form below 1H gann hilo.. it would bring some bears back to life.Ignored