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

Quoting popisdead
GJ

my idea is price now being held by ema 200 on tf30!

break this..next target would be ema200 on tf1h!

btw..able to re-buy when price retrace to ema90 on tf5!
http://pic50.picturetrail.com/VOL400.../316997187.jpg

pop
hard resistance on tf30 by ema200!
break this..see ya at tf1h!

just my idea..

http://pic50.picturetrail.com/VOL400.../317001467.jpg
pop
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Quoting mike w
I second that notion lol The break of the IB is on it's way now I would think.

u're waiting on the break of that IB, and i'm waiting on the break of the TL, and both at the same place almost
Quoting lilmoe
u're waiting on the break of that IB, and i'm waiting on the break of the TL, and both at the same place almost
That's what I call solid convergence! I think we'll see 203 again before moving onwards to break it in order to finish up the 5 sma retracement on the 4 hour charts. That goes hand in hand with the fact that we were going to see a bounce from that resistance area.
I dream, therefore I become.
Quoting mike w
That's what I call solid convergence! I think we'll see 203 again before moving onwards to break it in order to finish up the 5 sma retracement on the 4 hour charts. That goes hand in hand with the fact that we were going to see a bounce from that resistance area.

yea but that bounce was already 120 pips, this is the second test of this resistance, if fails, i don't think we'll see that area anymore today. but who knows.
Hello everyone!!

Well I'm Long from 203.45, so if you all take the opposite trade direction from me you should be OK! Lets see if we break this resistance at 203.70, if so then I think we'll be looking at 205.65 fairly quickly...
UJ is headed up to test its own TL around 104.64 in the near term.
Patience + Humility + Study = Success
GY will probably retest 208 this week.

Why? I will explain once it gets there.

It is the same reason I have been long since 200.00


Quoting mike w
That's what I call solid convergence! I think we'll see 203 again before moving onwards to break it in order to finish up the 5 sma retracement on the 4 hour charts. That goes hand in hand with the fact that we were going to see a bounce from that resistance area.
That is exactly what I am waiting on Mike. Let see how it plays.
Patience + Discipline - Greed = Success
man i hate suspense.
Quoting neo1001
GY will probably retest 208 this week.

Why? I will explain once it gets there.

It is the same reason I have been long since 200.00


u have chart..at least can give us some idea..if u want to...
i can swear i'm seeing brearish divergence on m15 - m30 and h1 charts.
Quoting shakesfx
Hello everyone!!

Well I'm Long from 203.45, so if you all take the opposite trade direction from me you should be OK! Lets see if we break this resistance at 203.70, if so then I think we'll be looking at 205.65 fairly quickly...

Here's my reason for favouring Long at the moment:-

4hr Chart:-

QQE Crossed (below 50) and curling North
Zero MACD Crossed and above 0
Zero Stochs Crossed (below 50) and Curling North
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy 4hr.gif Size: 35 KB
Quoting neo1001
GY will probably retest 208 this week.

Why? I will explain once it gets there.

It is the same reason I have been long since 200.00


Is it because you are The One?

I doubt anybody will get that lol
I dream, therefore I become.
Quoting lilmoe
yea but that bounce was already 120 pips, this is the second test of this resistance, if fails, i don't think we'll see that area anymore today. but who knows.
This is true, that it might not happen today- BUT, normally when it doesn't break it the first or second time around it just creates a range. If that's the case, then it's easy pickins just buy at the bottom and sell at the top with a tight stop.

Have you ever noticed that happening when we are right around resistance such as a trendline? Or anyone else?
I dream, therefore I become.
Quoting mike w
Is it because you are The One?

I doubt anybody will get that lol


who are u telling that to

Quoting mike w
This is true, that it might not happen today- BUT, normally when it doesn't break it the first or second time around it just creates a range. If that's the case, then it's easy pickins just buy at the bottom and sell at the top with a tight stop.

Have you ever noticed that happening when we are right around resistance such as a trendline? Or anyone else?
Quoting mike w
Is it because you are The One?

I doubt anybody will get that lol
I got IT, Matrix Mikey !! ;-)
Is that a hammer or hanging man on the 4hr?
Quoting shakesfx
Here's my reason for favouring Long at the moment:-

4hr Chart:-

QQE Crossed (below 50) and curling North
Zero MACD Crossed and above 0
Zero Stochs Crossed (below 50) and Curling North
it could be possible.I would think if price penetrate above 205.50 and slide (200 as critical support), might be possible for to retest 210 this time.Just ride the current flow
Quoting vinesh2
Is that a hammer or hanging man on the 4hr?

it's a spike, DJ's the culprit.

i'm still favoring shorts.
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