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

Think he might have been looking at this!

There's a divergence in the candle and Stoch, going on right now in the H4 chart, does anything think it'll go bullish to central pivot point 150.292? the previous candle is has formed a hammer formation also. its kind of consolidating above S1 ( 149.213) right now in the m5 charts.

Anyone looking at U/J? Higher lows. Trying to make a higher high now.

malc you about? Any VSA comments?

You are right. I use MACD for divergences.

Think this up move is coming to an end!
we going for new low imo!...BORING STUFF...

momentum below ema20 stoch near 0 level
upside wall at 15050

good luck with picking up this flying rhino

wow... it sure is quiet.

4H has a double bottom (bullish) and inverted cup and handle (bearish).

with the way the last few candles are forming a rounding top on the 30M, it's looks like it will go down.

Trying to stay awake, not think too hard about the PA, and catch smaller moves.
It's all over the board this week.

that cup look like pregnant woman lol

I can tell which way up

by Mike Larson


A fascinating thing just occurred in the global interest rate market: For the first time since 1993, it became cheaper to borrow dollars than Japanese yen! The three-month dollar-based London Interbank Offered Rate, or LIBOR, slumped to 0.292 percent, compared with the yen-based LIBOR rate of 0.352 percent.

I know. You're thinking: "Who the heck cares?" But this development is big — and so are the potential implications. It's all because of something called the "carry trade," which I'm going to get into right now ...

The Carry Trade Explained ...

Let's say you're an international investor looking to boost your returns. One way to do that is to use leverage, or borrowed money. The cheaper you can borrow that money, and the greater the yield you can earn by investing it, the larger your returns. Every single basis point, or 1/100th of a percentage point, less you spend in borrowing costs falls right to your bottom line.


Carry trade is when global investors borrow in low-yielding currencies and lend in higher-yielding currencies.

The carry trade is just a global version of this game. Investors seek out the lowest possible short-term funding costs by finding the economy whose central bank is being the most generous. Then they take that money, sell the country's currency, and invest the funds in currency and asset markets that yield more.

That's essentially what the world did for ages in Japan. Japan's twin busts in stocks and real estate caused the country's central bank to slash interest rates to near zero in the early 1990s. Japan also flooded its economy with trillions of yen in excess cash.

But the money wasn't used by companies and consumers to spend and invest at home ... they were burdened by excess capacity and gun-shy about borrowing after getting burned in stocks and real estate. Instead, the money was used by global investors to fund investments elsewhere.

There was enormous profit to be had in this game because the rest of the global economy did fairly well during Japan's "Lost Decade." You could borrow yen at, say, 0.5 percent and invest in places like the U.S. at around 5 percent. It was a veritable gravy train of profits, derailed occasionally by events like the Long-Term Capital Management blow up in 1998.

Dollar headed for collapse?

Until now, most of the world's governments, central banks, financial institutions and investors held their reserves — their cash on hand — in U.S. dollars. But now, a new, global movement has begun that points to an even faster decline for the U.S. dollar in the weeks and months ahead.

The greenback could soon lose its status as the world's reserve currency!

What the Carry Trade Did to the Yen and Global Markets ...
And What We May See Happen Here

The mechanics of the carry trade require that you sell the carry currency and buy foreign currencies against it. So one of the side effects is that it depresses the value of the borrowed currency.

Another side effect is that the carry trade helps inflate global asset bubbles.

Last time around, it did this by transporting the excess liquidity being created in Japan to foreign shores.

Now, thanks to the Federal Reserve's incredibly easy policy stance, we may be in for "Carry Trade Round Two." Only this time it's not Japan's currency that's being sold relentlessly to fund risky bets ...



It's our dollar!

Look at the chart to the left of the U.S. Dollar Index (DXY), which measures the performance of the greenback against six major world currencies (the euro, yen, British pound, Canadian dollar, Swedish krona, and Swiss franc). It looks like a ski slope, pointing down and to the right.

Unfortunately for dollar-based consumers (that's us!), the falling dollar has side effects. It drives up the cost of imports, raising our cost of living. It also boosts the price of commodities like gold and oil. And it means the cost of travelling abroad goes up, too.

However, you can actually PROFIT from the trend by socking money away in contra-dollar plays. That includes natural resource stocks, gold, and foreign short-term bonds and stocks.

Me want to ride

.....that give absolutely no information on the implied core question

FHA Cash Reserves to Fall Below Required Levels

Pressure from loan defaults has pushed cash reserves at the Federal Housing Administration below mandated minimum levels, but the agency's head says taxpayers won't be asked to make up the difference.........

blah blah blah.........

http://www.cnbc.com/id/32911222

So, anybody have an idea who will be forking the bill then if its not the taxpayer?

CHINA @ first

Yea, but I know who will be forked

Took few long trades with TP 153

Think we might have another go at 148.60

bro u will lose all gains from ur short positions
is it worth ?

anyway keep tigh SL
i do not see bullishsh div on daily TF maybe a little something on h3 but its limited to 15050
uj wont break 9180 in near future as i said its damn strong resistance atm

bullish div on daily TF i see around 93 or 85 depend on FE and future retracements.

triangle?
Descending Triangle?

Maybe, I will take few more longs then.

You might want to consider looking at double top EU weekly and developing bearish divergence on EU 4hr

As I said, I closed all my short trades @ 148.75 few hours ago... Nice profit for these 2 weeks.