DislikedAnd like a magical magnet 131.05 approaches....
Wonder if the BoJ will fight this one or let the inevitible happen...?Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f621.png?v=15.1)
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
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DislikedAnd like a magical magnet 131.05 approaches....
Wonder if the BoJ will fight this one or let the inevitible happen...?Ignored
DislikedI've been doing 2 entries lately and have taken 50% off just above the DPP here at 1.571. It's a crazy whipsaw market and I'm finding I'm not getting as many pips; will let the rest ride or go B/E - that helps psychologically.
I'm actually looking for 1.575/6; news out shortly, but don't expect it to flap things around too much.Ignored
DislikedIgnored
DislikedLooks like good news to me? Government getting out.
If they think they can sell off the shares with no problem I don't really see why it would have a negative effect.Ignored
DislikedI saw 5950 is very strong resistance atm where break , will continue north to at least 1.6250 ...
How ever when i take a look at current H4, i saw if today close below 1.5830 possible we may reach 1.5670 is there..then from there we can decide continue back to 1.55 area or not...
But i more bias for 1.5670 first then....the possibility will add long from here or wait for more bearishness toward 1.55 area...
otherwise if today close above 5830 then yes 5950 straight away....
just my 2 cent
gIgnored
Dislikedotherwise if today close above 5830 then yes 5950 straight away....
just my 2 cent
gIgnored
DislikedI think next month should be retrace for eu and gu. Today close above 1.5820 then tomolo i be looking for upside finish up the business before turn into more retracementIgnored
Dislikedi think price will reach 1.6 as i posted on my gu chart yesterday.
I will post my setup later
G, what do u think of the bloomberge news what going to crash? Is it will reflect to be usd strength or weaknes?
ThanksIgnored
DislikedIgnored
Dislikedtomollo fliday 1st october..today last day of sept lor....only left one day ma...haiyaIgnored
September 29, 2010 14:16 ET: GBPUSD FAILS TO KEEP UP WITH EURUSD after fresh evidence of weakening UK housing (mortgage approvals at 7-month low, M4 money supply growth at new low of 1.9%). As GBPUSD struggles to regain $1.5840s (76.4% retracement), GBP downside seen more optimal against JPY and CHF, as GBPJOY eyes 131.70, followed by 130.80. GBPCHF seen retest 1.5200 lows. Meanwhile the case for higher EURUSD (above $1.38) was outlined in previous IMT. Tonights September release of UK GfK consumer confidence (11:01 GMT) exp at -19 from -18 could also see further losses in GBP crosses in Asia trade nearing the aforementioned levels.
Dislikedtomollo fliday 1st october..today last day of sept lor....only left one day ma...haiyaIgnored