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

By today close we will know what happen
If bear really wanted to come out. The next hour should start. Or else... well

GL

ok PHUNK It I just added one more short 144.14 lets see if I dont regret this later...I thing is taking a deep breath before going to dive deep deep...my bollinger bands are so close on each chart and 4 hr is already at the top sochastics are draging the butt on the top too..

resistance keeps holding so lets see how we do here.. im ready to hedge in case of uptrend buit Im trusting my feelings of a deep bearish trend for the next 10 days

hi rashid

so r they hunting weak shorts?
cheers

its a rally ongoing. but with price now, careful on buying

145 isn't that far away and UY is on a tear to >94. I would not be surprised to see a pretty big spike through 145. Shorting is risky considering the US are just getting to their desks.

closing all positions now . . . news coming within 15 mins

Looks like it's boxed in and could go anywhere!

Sell now tp = 140.5
then buy tp=143
then sell tp =139.5
then buy tp=144
then final sell tp=132

Watching daily TL 144.5 area closely.

It contained the upmoves in January and April 14. Possible short opportunity if price respects this level.

yip i also respect and trust that 144.50

already post a short entry at 144.50, using money management. Not sure if my sell will be successful, but with price now on GJ, would rather sell rather than buy . . . cheers!

not far off with my own,,TP @140.50 is good ,then buy Tp 143 looks also right ,,from there on ,,i dont know but overall TP is 136.50 ,,what ever happen after that ,,we dont care..let the spike to 133 run on its own ,,im not chasing that ,,will then set myself up for the long run ,,if possible

If you wan bear, always be prepared for the upmove.. M15 has a nice doji. 144.50 is respected. Love to see bear comes out now

yeah , would love to see bears jump in . . .

SEC staffers watched porn as economy crashed

http://edition.cnn.com/2010/POLITICS...orn/index.html

*shakes head despondently*

I have to say didnt expect that -40 pips, now waiting to see how this hour closes...looks like we might get long wick.

Shorting any yen crosses when UJ is flying isn't a very good idea. If you see pound weakness, then it's better to short Gbp/Usd. If this hourly candle closes below 144 for Gbp/Jpy, then short might make sense but I still wouldn't risk it. Gbp/Jpy is still on an uptrend from 131.99 so shorts are anti-trend.

previous M15 doji. Volume up to 1500+

Bears and bulls fighting ferociously.. we have to wait few more hours to see

adjusted my stop to protect profits. today is friday, full of surprises, otherwise, lets seat back and relax and enjoy watching movie. have a nice day. see you on monday.

here is why i like 140.50 also and after that 143/143.50 ..but its only imagination so far and if this played out ,,then i will def target 133/132 ..lower than 136 ..

we must first get over this situation and drop below 143