we are in a ranging market for now, with top @ 134.79 and bottom @ 131.91.
if we go above 134.79, then 136/138 might be next UNLESS support is broken.
if we go above 134.79, then 136/138 might be next UNLESS support is broken.
Nihil Sine Deo.
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
DislikedIf London can't put in a new low below 133.03/06 then we will see NY drive price back up above 134 after lunch. . .
Good luck on your trading. . .Ignored
DislikedJust a thought - SL just below dpp @ 133.18. . . seems last nights low would be a good target for SL 133.00 area. . .
Looking at PA it's slow and at the moment doesn't look nowhere near bearish at this level IMO more like consolidation or accumulation in this range picking up more buyers for a strong push up thru resistance. . . IMO!Ignored
DislikedIf London can't put in a new low below 133.03/06 then we will see NY drive price back up above 134 after lunch. . .
Price currently trading above dpp @ 133.13 and the swing above is ar'd 135.18. . .
Good luck on your trading. . .Ignored
DislikedThat sounds right to me as well.... Waiting now to see if we take off on a bull hourly run...Average pips are around 80 up to 120 for this hour so if we take off we could see 134.30 by the end of the hour.. of course if we break below the LTL of this triangle then we can easily see 132.80 level...
I am thinking that the probability is 134.30 withing the next 30 minutes... Any takers??/Ignored
DislikedFor Quecee - I have been looking through the FF archives and have been unable to find a fibo retracement tool as neat as yours. Is there any chance you could point me in the right direction please? The MT4 standard fibo tool is a bit to basic.
Or do you plot them manually?
Thanks in advance.Ignored
DislikedWe're definitely attempting to put in a base here on the 4H chart. Right now, that's the lowest timeframe that seems to have any clear direction to me right now. Everything else could definitely use a larger retracement and 136-138 is not out of the question... I'd actually probably favor somewhere in between the two.
Once the retracement completes I'd have to take a new look. There's a downtrend channel resistance at 144 or so and we could go up and test that... it depends on how much she wants to run. But long-term the bias is definitely bearish...Ignored
DislikedWe're definitely attempting to put in a base here on the 4H chart. Right now, that's the lowest timeframe that seems to have any clear direction to me right now. Everything else could definitely use a larger retracement and 136-138 is not out of the question... I'd actually probably favor somewhere in between the two.
Once the retracement completes I'd have to take a new look. There's a downtrend channel resistance at 144 or so and we could go up and test that... it depends on how much she wants to run. But long-term the bias is be definitely...Ignored
Dislikedafter ny will close today, the key level to downside will be 131.90. also, until next london session will close, key level to upside is 134.80.
IF we go up, then it may test very well 138.45 - upper limit of medium term channel. a break of 138.45/140.56 will bring a test of 143.25... but this is too far for me.
IF we go down, well, buckle up for a new low...Ignored
Dislikedthis give me hope for the bulls...a similiar daily setup/canldes.. look on my chart ...so 2morrow should we have a 200 pip candle up north ,according to the prev setupIgnored