DislikedI have a monthly support line sitting on 101.23 but it is the based of a descending right-angle triangle and could be ripe for a break.Ignored
Humble Lifetime Member
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
DislikedI have a monthly support line sitting on 101.23 but it is the based of a descending right-angle triangle and could be ripe for a break.Ignored
Dislikedlepricus,
Is there an example, that you know of, when GJ did not cover a gap? I cannot find an example, but I have only looked back about 3 years in the charts. I have made some really good pips over the last couple of years on gaps, but right now I am having my hat handed to me!Ignored
DislikedI am looking at my chart and it looks like we need to get to 231.30-231.40 area to close the gap from yesterday. Is that correct?Ignored
Dislikedhmm, I am still not sold on this massive drop today. IMHO we still have to cover that weekend gap. I am still of the thinking that a retrace has to happen to cover the gap before the real fall begins. I know usd/jpy covered it but gbp/usd and gbp/jpy still have gaps.
I am just waiting for confirmation to go long. I might get burned, but someone needs to make the money I loseIgnored
DislikedOnce my target at 221 hits, I expect the gap to close and price could even return to 247.Ignored
DislikedMost likely higher, but not from 221, lower, 215.50 it is a bit conservative, so let's see, could be a real nice long term carry trade play, keep buying and collecting interest, but we are not there yet INMOIgnored
DislikedHmm, not sure it will go that low. I was thinking no more than 216 but lets see. I now expect this to range between the 220 area up to 241 or 249 for a year or two.Ignored
DislikedJapanese Prime Minister Yasuo Fukuda said the yen's extreme volatility is not desirable and warned against speculative moves on the currency.
Fukuda's comments, made in an interview to be published in the Financial Times, were relayed to reporters by a Japanese government official, who declined to be named.
Fukuda warned against speculative moves and said investors should be very careful not to provoke intervention, the source said.
http://www.bloomberg.com/apps/news?p...refer=currency
Maybe the BOJ cuts the interest to .25% tonight.Ignored
DislikedMay I suggest that viewing this weekly chart in terms of a wolfe wave may give you a better picture.Ignored
DislikedThis was a post from someone who's opinion i highly value, this is a likely scenarioIgnored