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

yip.. im also long on this pair from yesterday,,target 112.75 (ress level ) and 113.00 is the 161.8FE .. all jpy crosses good for longs ,add more (4hour) close above neckline ..

better H&S on eur/jpy ... medium term target 112.75 ,will see from there ,whats next

yesterday we closed at daily HILO = 110.96
Today we bounced from 109.58

so.. you are still holding with -150p ?? nice..

No one know where PA is heading mate..
EY can go to 113 [Im not saying NO] but first, we need to close above 110.70; then test the 110.85 and eventually if GOOD above 111 ; then it is possible to get 113 level..

Open UY 4h.. and watch that chart.. we broke the wedge to down side.. unless we break to upside.. 113 is far

and another thing.. inverse H/S is ONLY when we close well above the NL... untill then..

just a random pattern... keep on mind

my entry long was excactly at 109.47 running in pos. ..


usd/jpy hit a major supp of 87.00 right ?
eur/usd break 4 trading days above 1.2470 and we trading above that,,so the only level to get above is 1.2660 area for a move upto 1.28,,but hey ,,that doesnt bother me actually ... EUR turn bullish and usd/jpy stuck at a mojor supp level...

all technicals say crosses will turn bullish in short term

gbp/jpy is in a sloppy wedge formation that we might have a 5 leg in that,,
eur/jpy have a sloppy H&S formation,that we will see 113
aud/jpy end his 5 legs down and we will get an ABC correction ,with a double bottom on 4 hour
cad/jpy is in a bear flag ,but not done yet and we might see 84.25

so all signs is still there that we will see a correction on all of them

eur/jpy target 112.75,,
gbpy/jpy eventually 135 but a slow dragging process
aud/jpy 77.xx (im not sure)
cad/jpy 84.25

thats my limits and my entries is

long on...
gbp/jpy 131.50 and again add at 131.05(hopefully not)
eur/jpy 109.47
cad/jpy 82.30
aud/jpy (missed my entry ) re -enter long a min ago ...

targets all the aobve ...

reverse gbp/jpy at 135 with the rest for a drop to 128.60 first ...eventually double bottom later to 127 ( spike down to 123.80 is possible) ...

Cool...

Dear traders..
I'm looking for short GJ at current price .. aiming for 30 -50 points..
Any comment.

hey,,,

here is the template of the inside bars... copy/paste in ind. change settings to bold (thickest)

and my charts is just normal blue and white candles,,and inside bars is red and green inbetween ...

here is jsut a normal aud/jpy chart of how it should look...

here is the chart of eur/jpy ....here is THE SUPPORT ,THAT SUPPORT OF 108.70 WILL YOUR ELEPHANTS WAIT PATIENTLY...( can you see it )

remmember it or write it down..108.70

im a bit early on enter,and i havent spot that level ,,but i will add more when we reach...


the best of all is ,,you maximise your size of a close stop,,dont even think we will go below 108.60 ,,and your lmimt is over 200 pips...

unbelievable R/R


edit my post,,i did see the 61.8 also is inline,,i never use fibs ,but yes 61.8 is close of that level ....but 108.70 is the real support ,where the most cash is waiting

Previous trade got stopped out.shorting again now.I think The daily needs to retrace before any significant upmove.

London FTSE has shut down on a high note and S&P is up against the significant 1040/1044 resistance for further ups. GY looks like it's hit sellers just above the DPP. GY's also done it's daily travel distance. Possible reach for 133 might be made, but I don't think it can stay above there. Looking for short confirmation on a good RR ratio. Will exit some shorts around 132 and see if rest can ride.

easy pips

who ever short eur/aud ,,we had just under 300 pips left...

usd/cad just over 120 pips...( STOP AND REVERSE AT 1.0370)

AUD/JPY---we had a breakout candle in the hour...watch for false break ) add more possible at 75.00.. but not my favourite place.. ( 74.20) sometime this week or next week will be a better place

gbp/jpy an obv level is 132.24 for longs ,if i had a quick look and aswell as 131.95..if we made it to that lows...until then we will see 135 in the coming days...who ever scalp...133.28 the place to do it for shorts,,and it can stretch of 100 pips if max it

i guess usd/jpy stand still and eur and gbp drove the pairs to new highs until gbp/usd topped at 1.5420 ..

master...what about 117.95 end of quarter4

When all look bullish time to go short

i see massive distribution on cable 2 weeks to go maybe.

gbp/usd will pause at 1.5315/1.5420 area ,but she is actually on her route to test 1.57 eventually...when that will happen,dont know..prob end of Q3/beginning of Q4 ,still dont know..

but the usd/jpy is now on a pause stage at 87.00 level,and gbp/usd is on his way to 1.5315/1.5420 very quickly,then the 2 pairs will go again vice verca ..usd/jpy slow steady pace up to 89/90 and gbp/usd where ever,until he hit bottom and reverse strongly to 1.57 and usd/jpy break below 87 target all time low of 75,if i can remmember..

as you can see usd/jpy is in bear flag,but already break the suppline,,and that supp will be inline with the current TL at 89/90

confusing but overall usd/jpy will go low as 75 and gbp/usd 1.57..

where wil lthat bring gbp/jpy us?? i dont know...but the trade of the year into next year will be the gbp/usd and gbp/chf ..both long...prob gbp/jpy aswell .. i dont know...prob all gbp pairs!!! USD weakness will continune

its confused but my view is right i guess..

here is the bear flag of usd/jpy hitting the bottom of the TL

Looking for a good $gbpusd entry? Triple tops near 1.52 and currently looking short with target of 1.5150

Level 1.52 had up well and I believe should continue to do so.

the aud/jpy will be the favourite so far ,,cause of the obv support line we have,,the most obv level is the strongest and that mean the most cash will be waiting...prob wrong,but thats only my view..

i mention earlier we had a breakout candle on the 1hour,,and luckily it was not a false break and we move away from support without test it,,so that mean we have a untested support level of 75.00..

so far i can see we will bounce from 75.00 if we reach and test it,and go high as 77.80 before a major bounce will occur..

im my ealier post i did say a scalping short on gbp/jpy at 133.28 is a oppertunity,,but i wont take it very far,because of a 100 pip 4hour candle ,,but so far we drop close of 20 pips,,job done!!

cheers
good night

Hello G
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