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

now let us kaboom to 133xx tonite

I like 132.30 better..

much better..it is just that gj always tend to stop at L4 camarilla @ 133.7.

134.30/40 soon or even lower to 131.70/80 ..let c what happen..

but as i say i missed the train from 141 area...am not in GY...only gold n EY...

cheers

...

it is never to late ..when the market is bombing like this..just press sell and pray like me

Don't be so greedy.. Leave some pips for the newbies..

This fundamentals news is all baloney today..Another Bull trap..Selling all rallies..

Higher TF's are all bearish..

Can see that a lot buyer tanking now. Rgitt show them bazokaa...

hey pips...

gotta sit and wait for this one...could go anywere ..baby

Lets see what close brings

Happy pipping

Jim O Neill saying that Japan is in more trouble than any of the other G10 nations. He cannot understand Yen strength and thinks their economy will turn worse than any other.

Make of it what you will, but he thinks Yen strength is irrational.

Hey guys,

This is actually my first post here, although I've read different threads and browsed from time to time. I started trading spot FX this past week and previously traded in stocks and futures.

Anyways, I'm in GBP/JPY now and it seems that there are differing views here regarding the pair (well no shit huh) and I guess I'll throw in my 2 cents on this situation...

From the looks of it, the sterling is, and in my opinion, will continue to be perceived as fundamentally weak and carry a high level of risk due to concern over Eurozone debt. I feel that as long as this is perceived by other traders as a threat to the pound (regardless of whether or not it is), we can expect other major currencies to rise against it.

It seems that initial "recovery" discussions were somewhat overplayed, and we are seeing things like investment spending taking a dive, falling home prices, etc. In short, as long as I see signs that indicate that economic recovery is not as close as others might have initially expected, I'm going to stay on the short side of this pair.

Technically speaking, we recently broke a highly significant support level and in the intermediate term, it is possible that price is headed towards support at 120, but really there's no telling. Lower lows will indicate that price is attracted to that level, and for the time being it would certainly seem that the "line of least resistance" points in that direction. I suppose as long as the fundamentals continue to coincide with lower lows, that is probably the safest direction in which to trade with the highest probability, I am not going to be looking for or predicting reversals I'll just keep trading what I see in front of me and keep selling on the way down or until it stops going down.

Anyways nice thread and happy trading to you all!

you will see 132.00 level sooner than you imagine

Here is an analysis of JPY pairs, with GBP JPY in the middle, announcing 1.3200 soon.

http://www.learningmarkets.com/Forex...sis-video.html

i hate suspended animation like this

134.94 is so fragile and we can see a breakdown in the next few hours

imho this supply smells like bullshit
i am buying into... but trade ur own chart and gl to all

134.94 will be gone today

I am getting very strong sell signals I usually do not trade this pair you see it going down more today?
Thanks
Dean