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

scalping is nice when you're bored, but risky

Wow Dow futures up 128 Nasdaq up 23

i say this will rally up as the dow will too. my ma's crossed now and im long. just my interpretation is all.

GJ can't cross over daily pivot @ 238.83

+133 Now

This is very much look like a trend reversal up to 242 range

I will cross over in 10 minutes

I would say 13

my tp is at the 38 fib line of 24193. should reach that area with no prob.

As far as I can see we are now at a crossroads with the current candle. 238.83 is also the78.6 fib and we are close to that in fact we had a look and came back 20 mins or so ago. My 4 hr are still down but some 1hr are up. Confusious he say leave alone for now and let it come to us.

Didn't get a big bounce from the market opening, and it looks like the market isn't opening as big as expected.

Could be an interesting day. Maybe the investors today will be smarter than I usually give them credit for.

Price touched the 4H 5SMA and starting to head down

I'm still holding onto my shorts

'A' said 242, that is not out of the picture also..

I closed my long until I see what is going on.

No reason to panic....

Just heard this commentary on CNBC,

Judging from the hi's and lo's, the recent volatility in the dow is not an anomaly but more typical of what was seen 3+ years ago.

what do you think is gonna happen to this GBPUSD after this event?
can someoen in the room tell me whatup?
One Luv
JC Deji Mayor

I don't know what are you talking about

btw, the sky is up

As much as I like char room, I think it's not the best idea for it will not provide us all the posts that most of us will miss at one time or the other. This forum gives us the opportunity to go read all the posts that we may have missed while we're away.

I noticed most postings here provide a good deal of information or insight into what is going on.

I think, we're doing pretty good with the current form or communication.

Just my 2 cents..

~G.

This 4H bearish trend line is still valid until we see a close above it. We won't know until 1600GMT if that happens. Notice also that we are right in the middle of a 1000 pip channel which was first pointed out over the weekend by Karmo I believe.

M2B

Here is a look at the 1H Chart. Notice where the 1H bearish trend line intersects with two other Fib lines around 239.6 which has already proven to be strong resistance.

M2B