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

Why do you take this long and wrong?

Ok, we have a bearish harmonic pattern on the 4hr time frame, supported by bearish divergence on the zerolag MACD. Zerolag stochs on the 4hr TF have approached overbought conditions and are curving down. We also have an rsi reject, so it should be just a matter of time before this falls significantly.

Nice downmove, with little effect on the overbought. Looking positive for the shorts...

Also, if you use the Gann HiLo indicator, the M15, M30 and H1 have just crossed it. If it closes near here in 24 minutes, its go time for shorts imo.

hmmm. seems that TL is about to get it's ass breached

I love this!

If usd/chf manages a solid weekly close below 1.0315 level, and next week has 2 solid days of closing below 1.0220, that would be a very strong indication that perhaps we are finally on our way, chf is leading the way currently, but as the move gains strength yen should tank with a vengeance, possibilities, possibilities, lets see...
The dow and S&P had a text book pullback in a minor wave 2 that I was affraid will break the high as I said earlier(futures prices came right up there earlier today), for now it looks like it is tanking I would say at least to 11900, 12000 level if this is a correction, but I'm a lot more inclined to think that this is a very violent wave 3 and it is just in it's infancy, look out below....

I am too, Ill love it more if we get to 206.25 50% of the up trend starting on June 4 0800 bar bottom to June 6 0000 bar top.

http://www.pic4ever.com/images/2004.gif

I hope there's no problems on this bear train.

Looks like 207.20 is problematic...

this sucker went spike up and down again
i'm to tired watch this sux

you think EJ is buy ??

no, sell (I think)

I thought you bought it from me.....

I got a better price at 166.1 stop at be.....

my m30 chart is indicating the the former support (TL) is now acting as resistance. however, the price is constantly getting above m30 gann. it doesn't seem to want to close below. also this m30 candle bounced off of a fibo fan level. sucks

DJI on the other hand is face a bit of problems with a BUNCH of support TLs.
a 200 pip drop wasn't enough to get below all that damn support. we need to wait. scrat might be right, this thing might need to go to 209 area first. lets see how crappy this freagen road is.

here's some DJI details:

former bull that was going to "eat" my pips

and we have a 1h candle close below the damn TL!!!!

this is going to be nice

I have loaded shorts from 163.07 till 165.50.

It's bleeding though but I am confident it will be down. DJ is down sooner it will bring UJ down. I am a bit wary of EJ going up because of rising in EUR/USD pair due to NFP -ve data in US.

Most of the times EJ rise/down correlated with UJ since they are all Yen crosses but yesterday EJ shoots up the sky because of EU pair.

looks nice my chart

WAIT WEEKLY CLOSE THEN ...............