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

Thank you brother

nice drop! i wasn't expecting it, but when i saw london didn't want to take profits... oh boy. there's more to come!
h4 needs a correction though. whether it will be a quick shoot up or a complicated retracement, remains to be seen. i think it will still reach 38.2 fibo from 213.90 to wherever this drop ends - we'll see.

yes i agree with you bro as long as GJ candlestick at H1 on Monday still close above 5MA...just wait and see what will happen on GJ Monday open....see you bro...

have a nice weekend all

you too my friends - dam i can sleep at last

see you monday

hi everyone...from Portugal
I like a lot gbpjpy... this is my choice

If you don´t mind.. i will join you guys...

Nice weekend

Nice and peacefull weekend everyone

Tudo bem

1 am still holding my position....I will closed all position when it reach 195.XX


http://img166.imageshack.us/img166/9792/25630251gd2.jpg
http://img166.imageshack.us/img166/2...jpg/1/w640.png

Hi guys.... long time no see...

Just my personal preview...my fav...pair...geppy...
see long time bear....trend...how long...if this time end or can go more......so...my preview...is 0.786 or 0.886 a good ratio.....testing...before bounce to area... light cyan....just my personal preview...

This video should answer your questions, well so far all of my targets have been achieved.

overall gj is still pretty weak, even tough with obvious increase in weakness the last days. there's no interest in higher prices currently, no matter what your indicators tell you

if there will be a retracement now, then i suppose it only to be pretty small. bias still is very antibullish
tomorrow we will see if the million movers of the markets have changed their bias or if the begin to take some more profits to make the market stall.

That's exactly right. And it will take G/J way down with it... below 190.

bias still is very antibullish

Any retracement at the moment is only good for short. I don’t think so we will retrace till 204 or 206. This is what had happen when we retrace from 201 to 206. At that time all GJ traders hope it will retrace till 208. It failed, GJ just retrace till 206. Why it failed?

It failed because when GJ get new high, retail traders, big boys and bank short it, because the major trend now is going to south. Somebody doesn’t want to miss the boat.

p/s: I see strong bearish candle at GJ weekly.

i agree. it will go to 5sma weekly area, at most (upper 205). and then another push down.

Yes I am also think about that at this moment upper 205 to 206.....however better fasten our seat belt to avoid any problem next week....

Holy sh-t batman...where's that crapper

Hi guys. Been reading this thread since the beginning. Thank you Auslanco, Karm amd Lilmoe and so many others...I could easily cut and paste the entire membership list. I have been studying this market for about a year and a half and concentrating on just one pair (GBP/JPY) for about the past year. I blew up my first mini account to the tune of $2500 (who hasn't right?). I then traded exclusively on demo for a year before even considering funding my live account again this past summer. Thanks to many here, hard work, patience, patience and more patience I have actually started to make a small profit. And my wife has stopped giving me "the look" when she sees me at the computer.

That all being said I just hope I can contribute in the future as repayment of all the help all of you have been in the past year...Thanks so much.

I was initially intrigued with the Auslance method, the Gann and QQE was, and is, great stuff. I am using to great success Fibs as well. The key as many here have stated is price action and knowing how this beast moves. The only way to know that is to study it, study it and study it and know that as soon as you think you know it...realize you don't really know it, but make pretty good educated guesses and try to be right at least as often as you are wrong and manage your money, well.

Before the market opens today I wanted to share my assesment using just weekly Fibs. I've drawn 4 Fibs on weekly charts...251.11 to 192.48, 192.48 to 215.88, 215.88 to 197.61 and 206.51 to 197.612. What I see is a confluence of Fib levels at the 204.18 to 205.02 range which first acted as a huge resistance level in the past 2 weeks fall. Even with all the down pressure on this pair it took a week to fully clear that level and once through this pair went into free fall. The latest bottom and 197.61 bounce is right on a 78.6% Fib level.

Here's what I will be looking for in the next week or 2. Retracement back to the 204.50 level with very little chance of going much higher and then an easy fall back into the low 190s high 180s and of course a shot at the monthly trend line at around 181 sometime this year.

I apologize for the length of this post, but I'm just happy to be here.

Looks like a niiiice gap! Anybody think that it will fill?