I believe the market is waiting on the weekend sales and don't forget the internet sales on monday...There is some major news this week that may support the USD...GU and EU rate decision...The three car dealership bailout decision, USD ADP, ...

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

You should look at the quote for the GJ now.. url The 4hr candles made many attempts to break the high but failed...The last four 4hr candles made lower highs. That means that the PA will test the supports...PA is falling to the maybe 144 ...

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

Hi malcolmb, The last four 4hr candle for friday made an attempt with no success to break the 147-148 range resistance and setting lower lows for the day..You are right the volume was too low for a major breakout...My past experience observing GJ PA ...

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

Thanks Time will tell if the GJ PA follows the path...

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

This week will be a nice retracement between 1500-2000 pips.. Mark my word... I have been a swing trader for 4 years, and I have experienced big retracements and breakouts.. Good Luck!!

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

Here is my Daily, Weekly, Monthly charts — Based on my charts, the PA have been ranging or consolidating for a major breakout to the upside...The last four Daily candles made an attempt to break the major Resistance( 148-149 ) with each candle ...

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

You are right... Look at the treasury... http://stockcharts.com/charts/gallery.html?$TNX

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

USD/JPY: Large Option Expiry May Contain London, November 26. — Our maturity calendars More show a good size option expiry at 95.00 for the 10am New York cut (15GMT) today, which should help to contain the market, especially given the thinning ...

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

Option Expiries Back In The Frame London, November 25. — The sharp gains on US stock futures have boosted USD/JPY back in to earlier touted resistance in the 96.65 area, which once again thwarted any further advance. Offers thought to be ...

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

Still holding my long position for 165 area TP — It is so much easier to swing trade than to figure out the small PA on the lower TF..I figure with this news this look like an easy 1500-2000 pips for the week...Buy on the dips... Good Luck... ...

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

The news that the Fed will directly support consumer and small-business loans is... sending US stock futures higher here and JPY crosses follow.

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

GBP/USD: Offers Touted pre-1.5200, Paulson to Target Lending London, November 25. — Touted supply ahead of 1.5200 reportedly includes interest at 1.5185--five pips ahead of today"s early Asian session six-day peak. Buy stops are tipped above ...

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

News of BOJ Monthly Report at 12am — This may be the compass for the london time.

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

My 4hr GJ chart — The 4hr trendline is finally broken out and it is heading for retracement to the 23.6% 151.50 area .. If the 151.50 area continues than the next area is the 50% around 165-167 area..In my past experience, GJ is known to ...

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

USD/JPY: Eases Back After Early Run To 97.40 Sydney, November 25 — The USD/JPY has eased back below 97.00 a short time ago after running up to 97.41 this morning when stops in the EUR/JPY were triggered above 126.00. The market is waiting for ...

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

Excellent plan... I couldn't say it better... I am buying on the retracement before the Asian market..

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

My target for the week on the Daily chart — Based on my daily chart, I have my target at 160 area on the 38.2% and also the 50ema area. Good Luck..

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

US TECHS: Dollar Index Breaks Major Support, False Breakout — The selling today has taken the market well below the 8-day moving average at 87.11; it has also taken prices below last week"s significant low at 86.135. The push through these ...

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

UK Chancellor Darling will deliver his Pre-Budget Report from 10:30am ET Darling is expected to announce that VAT will be cut from 17.5% from 15.0% until 1 January 2010. Darling is also expected to announce that the tax rate for those earning over ...

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

Hi PK Great to hear your feedback..I am still long from last week.. Fundamentals is in control with this CITI bailout.. Stay tune...

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