130.28 open

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

I have 130.08

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

Once you get out of your own way, and only then, can you be succesful in FX. In anything really, like Pete Carroll says its about the mentality of winning.

james16 Chart Thread

I had 131, then 129 on my fibs on the 4hr. We bounced off the 131 to 133 guess we're headed towards 131 again

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

To the pip, and blastoff

james16 Chart Thread

That's a retracement on the 4hr chart, the first retracement off the high was 131, 129 after that but it didn't happen

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

Might go to 129, as the GU is coming off plenty.

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

Good analysis Josh, Jigsaw.

james16 Chart Thread

I don't think it will break above, I'd play it short side myself. Perhaps some more experienced folks can chime in.

james16 Chart Thread

the usd/chf daily chart imvho shows perfect example of price reacting to an established ppz. In this case the 1.17 area.

james16 Chart Thread

usd/chf finally arrived at the ppz around 1.17 and is reacting accordingly.

james16 Chart Thread

I'm also watching usd/chf and e/u anyone else?

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

Told you. They're soooo predictable image

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

Futures creeping down again lol. so predictable

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

Flem, Around 129/130 they'll have the inevitable "hey this wasn't as good as we thought" thought and start shorting massively.

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

That will only play out if people believe in this stealfromus package that the Obama administration has proposed. So far they're not buying it as the US treasury is taking a page out of the Zimbabwe playbook and printing money as though there's no ...

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

market makers know what they're doing. They want to get you on the long side so they can say "all your stops are belong to us"

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

Whats ES?

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

Just want to say god speed to all the Australians on the forum. Thats all.

james16 Chart Thread

Looking at the daily chart, there's a double top formation at the 136.00 area. Now price hit all the way down to 127.10. I expect a bounce to recover the 128.60s and then a test of the 125 area. Either a break thru that to 121 or a bounce back to ...

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