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

Any1 long from here?

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My gut feeling tells me it would be a good idea but that's not enough. Even though my gut feelings usually would have given good results but I don't take trades of it, maybe I should.

But it has kinda bounced on these 2 fibs, almost the same, 38,2%. (Swing Short). But my brain don't feel good about going long anyway.

Chart!

I just booked 2 more short scalps on geppy and usd/jpy.

So looks like price got rejected extremely well at 204.80... but will it test it again? i am not sure if its going to test it again and then make a move up or its its just going to head to test the lows

are e/j and g/j waiting for u/j to climb up together?

we are too technical we need a fundy expert here to give us update on what is going on fundamentaly...

i have been selling into rallies when they stall, and booking at support when it fails to break.

guys, before going long... be aware that dollar is being sold massively. take a look at g-u which keeps climbing (and it's asia session), while at the same time g-j drops (well u-j drops actually, but we are talking about g-j here)...

Those who long, die.

Geppy hit my daily 5 sma low

I am standing aside again. Waiting for her to resolve this support area.

Anyone dares to long?

ALL HALE BEARS, BEARS ATTACK!!!!!!!!!!!!!!!http://www.macstaxidermy.com/bear%20...own%20bear.jpg

Ovafty has the right iudea .. sell into rallies

Look at the 60 min .. anyone going long right now trying to catch a falling knife has a high likely hood of losing on the trade.

If you want to go long at this point wait for a break out of the 10 or 20- sma to the upside on the 30 min.

I think we are breaking 203.5 overnight

I will buy it if i get my price

the market just hunted down stops

It's good to be a bear.

Sigh.. everyone here gets so excited. This has always been a 'sell rallies' market. Apart from trading fundamentals.. here's a few option strikes.. which will give you an idea of what the big players are thinking, and probably positioning themselves accordingly -

I saw an option strike on EUR/USD for 1.5700 .. and that was yesterday.. damn thing is almost at 1.5600 now.

I also noted a 1 month option strike for USD/JPY for 95.60

Best pair for me has been USD/CNY. Very consistent downward direction, but slow (not a fast one like GJ)

You got that right

I was actually hoping that fake rally would propel GJ to 212 or 213 at least so I could short from there. We need another Fed band aid