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

Added another AY long and my first GY long.
Risky, but will cut quick if we drop support hard.

Let's see...
i think he means 90.80 because 91.80 break early already
Quoting USD-Bear
Why is that level important geribosi?
Presume you mean 90.80?
Quoting USD-Bear
Why is that level important geribosi?
Presume you mean 90.80?
major rising trendline daily support level - if uj drops to it's next support @ 9025 during asia we can break 146 that level and easily reach 145 in the coming sessions - there will be retracements of course but to me the key is UJ in asia - S&Ps topped out so it should be interesting. Key also resistance on gu upside at congestion area 6180-6250.
next target is weekly gann... below then the lower blue area for the medium term. otherwise if above weekly 50ema then upper blue area provided cci30 is above the 100 line...

see ya guys later...

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to enter the fray of the discussion, if UJ can break the MP - the 90.80 region - then hopefully GY will start the talked-about fall to the 145 region. Cable could help by following a double top pattern as seen on the 1hr.

Have a taken a short from last little rise of GY.

PS - all passengers did depart for Tokyo... my Japanese ain't that good.
Author of: For Pip's Sake! (Available at Amazon... :-) )
we may see 146 in this session - cable weak on usd strength - uj still having difficulty breaking 90.80 - asia key for break below but with futures down it should not be hard
Okay.
Your 146.60 mark for bear territory is getting close.
Quoting quecee5
If 146.60 is broken then forget about longs because 144.80's will be the next target to the downside. . .

Also, if 147.80 is tested and fail then I'm sell the rally. . .
It broke 90.80 while i was posting great timing - things are getting interesting
OK this is my live swing trading,SL +1 waiting for TP ...




Seya guys
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"Buy on fear, sell on greed !!!
Quoting geribosi
It broke 90.80 while i was posting great timing - things are getting interesting
Can't find that 90.80 level, coul;d you give us a chart?
Don't be a hero. Don't have an ego. Always question yourself
Quoting USD-Bear
Can't find that 90.80 level, coul;d you give us a chart?
can't post a chart right now - rising trendline from december lows also horizontal November high.
Quoting Leche Mocha
Okay.
Your 146.60 mark for bear territory is getting close.
yep that will be the key to the down side. . . 146.60 is weekly support if taken next support at 146 then 145.50
i expect this move from yesterday,im still on the sideline,but i load up my shorts for a move down to 136 ish .im pending at 148..148.20 and 148.40. all what we can do now is to wait for the trigger,if you are a swing trader ..dont think this is a false break ..

(eur/jpy had more room to the downside that the gbp/jpy.. eur/jpy better option for short }
Quoting geribosi
can't post a chart right now - rising trendline from december lows also horizontal November high.
Strange can't find it charting bid-prices:


Attached Image


Maybe you use the ask-prices
Don't be a hero. Don't have an ego. Always question yourself
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Don't be a hero. Don't have an ego. Always question yourself
UJ has a lot of buying interest
Quoting Clouds
UJ has a lot of buying interest
tanks
not sure
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Quoting quecee5
Also, if 147.80 is tested and fail then I'm sell the rally. . .
This is what I'm thinking to happen. Most likely, we'll see the previous daily bar lows to gain the momentum for the move downwards. How's everything going Quecee?
I dream, therefore I become.
geppy,,are you still alive,with all youre longs ?? whats youre view on the gj ?
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