Better missing the boat than being on a sinking one.

Cable Update (GBPUSD)

Depends on the timeframe you're looking at. I see a huge up trend on the daily chart still intact.

USD/JPY Discussion

Turn GBP/JPY to JPY/GBP then - there you got your 5 waves up.

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

I don't think Japan is fighting too hard to upvalue their currency. They profit from the low currency since they have a HUGE export market. If GB does anything to keep their currency high, maybe that's the reason why GBP/JPY goes down so fast, when ...

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

Ok, what does this mean for the future?

XAUUSD (spot gold) update

Thanks a lot. So basically, a pennant is a corrective triangle.

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

What's a pennant? Sorry, my mother language is not english and I'm not familiar with all trading terms yet.

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