Thanks Godfrey...

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

My 15min GJ chart — The RED trendline should hold and intercept at the 138.50 range.. My TP is around 138.50 before a possible reversal... Their is no big news during London time and the bailout is stalling to pass again... Bias is the PA came ...

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

It doesn't make sense what you are stating ...please show a chart..

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

Asian news for JPY — Japanese news paper reporting that Japan may propose a 20 trillion JPY ($215 bio) stimulus package...Thats about 5% of Japanese GDP and is quite substantial. If the report is accurate, Asian stocks may have another strong ...

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

Sell on rallies — House Financial Services Chair Frank says a short-term auto bailout package is likely to be agreed to later today...Frank says the Congress will pass it and Bush will sign it. Pump it higher please so I can get a nice short ...

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

Hello zero_line..

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

Easy to say but hard to do...

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

Trade the charts and watch the DJ..

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

Plan TP on the 30min — Based on my 30min GJ chart,I will TP#1 at 141.25 (61.8%) TP#2 at 143.40 (76.8%)

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

15min GJ chart — Based on the PA pullback ,the bounce from the 137.30 area is now a support atm... I still believe the PA will rally to the 141.50 range, than it depends on this bailout to continue the rally...I still have my weekly and daily ...

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

Waiting on the London fix at 11am and PA above the 15min Gann...

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

You are right about the options expire...I am waiting for the London fix at 11am for confirmation for continuation rally toward the 141-142.00 range.

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

LOL I knew I saw this somewhere but I am glad I recognized that pattern..

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

Falling Three Methods (Bearish) The pattern known as bearish falling three methods confuse many chartists at first. It is not until the third or fourth day of the pattern that it becomes clear. It not exactly like the picture but it shows bearish ...

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

I hope you are a scalper..

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

My weekly GJ chart — For those who like candle patterns, the weekly chart have a " Falling Three Method".. I have a resistance near the 141.00-141.50 range.. Remember trendlines don't lag....They are your friend especially on higher TF. ...

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

I hope you are not short because this PA upward is not over yet..

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

My 4hr GJ chart — I don't see this PA going any higher than 141.00 range..The yellow trendline should hold...There will be a bailout but it will be short of what the Big 3 want and I think the market will take that as negative...Massive layoff ...

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

Trend is your friend.. — The daily trendline is still holding...

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

Another 5min GJ chart — As long as the yellow trendline is not broken, than my bias is still bullish.. R1-137.40 R2-138.40 R3- 140.00

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