Had GU not gone up and stayed around 2.02-2.03 range, GY should have been around 228-230 range right now. I see a correction happening with GU next week (from my own analysis).

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

I'll have my steak (bull) well done.

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

The fed chairman dodged the question pertaining to a recession. (in my opinion)

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

Thanks! Believe it or not, I was using SMA but when I read the thread, I was a little confused. I thank you for your assistance. P.S. I have been have great success with EUR/CAD and GBP/CAD. Minimum of 40 pips on the 1hr and maximum of 160 ...

Simple 5 / 8 moving average crossover

what has this dude been smoking?

Cable Update (GBPUSD)

Hello Peter and let me first thank you for sharing your experiences and expertise. I have a question, on the 5 EMA and 8 EMA, are the parameters "simple" or "exponential". I am having difficulty figuring it out. Thanks! Ash

Simple 5 / 8 moving average crossover

Something struck me, Secretary of the Treasury Henry M. Paulson "Goldman still has on the market some $13 billion of almost $37 billion in bonds backed by subprime loans or second mortgages that it created while he was chief executive officer. Those ...

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

Wouldn't that make everyone's day! Did you notice, Silver has been dropping?

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

Welcome back Dr. D!

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

We might see something tomorrow morning.

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

Sorry Gene, wasn't implying nor was the post geared towards you but rather some of the new traders. I still have a short on Gy open from 239.96 open.

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

I hate saying this but from experience, don't ever go against the trend. In such a volatile market (such as today), even scalping can be detrimental to your finances if a person did not utilize proper money management.

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

Hey Markam, I see AUD/USD and NZD/USD dropping like flies. What do you think, possibly carry trade unwinding? I already had shorts, thinking about keeping them open. I love this, same thing happened back in August, right place, right time.

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

I hope no one was long? One thing I learned a long time ago (before I learned the hard way) never ever mess with a hungry bear.

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

good thing I didn't close my UY short. Gonna ride this all the way down.

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

In Anticipation of FUBAR.

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

How do you figure? Could you please explain your rationale? I see the Asian Stock markets opening in the red.

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

Are they Fibonacci Arc's?

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

That would definitely be a nice thanksgiving and early Christmas Present for everyone!

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

Looks like we are going to close below 13,300 on the dow. Time for the talking heads to start pushing for another rate cut.

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