Hi USTrader, I am a swing trader, and I scalp for the building my margin. As most elite traders on this board stated repeatly GJ is bearish..Both GU and UJ long term are bearish....Fundamentals are bearish...No government intervention will help this ...

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

My Target is around 143.00 — Based on my 15min TF, I see a wedge formation and the LTL to be around 143.00 before a reversal.. Overall I am still bearish hedging the rallies before the selloff this friday or weekend.. You be the judge... ...

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

At 6:30pm Treasury Sec Paulson Speaks — More BS for the PA....

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

Retracement on the Daily GJ chart — My TP#1 at 150.00 and 152.00 at 50%..

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

Too late, the hedge funds companies are bleeding bad...Maybe the feds should bailout the hedge funds companies... url About $60 billion of the losses during October were the result of investors pulling their funds out of investments as Wall ...

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

Only the senior members can determine the outcome of the post.. You have to earn respect on this board inorder to give constructive comments about others seniors on this board...There are members who been here for at least one year..How long have ...

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

It ok ..He is suspended for now.. Rule#1 Violation As a Forex Factory member, you are expected to treat others with respect and kindness. Mean-spiritedness, fighting, hostility, racism, offensive comments, and slander are all subject to removal. ...

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

Triple weekly support on the GJ chart — Triple bottom on the weekly chart...I believe the 139 low will hold for now until maybe some real bad news to accelerate the weakness of GJ...There is speculation of another rate cut in Dec. 08..IMHO, I ...

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

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

I guess the REDEMPTION deadlines means alot G-20 is not going to do anything... Goodbye triple digits..

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

Remember redemption deadline is Nov.15, 2008..Meaning alot of investors are taking out money.... Bearish.....

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

Paulson again at 2pm for more news — More news down the pipe from the feds... Hopefully this will push the GJ up high enough to hit my target 150.00

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

GBP/JPY intraday — Technical Analysis Date: 2008/11/13 Time: 21:27 (GMT +2) Ticker: GBPJPY Last: 142.75 Pivot: 140.3 1st sup. 140.3 2nd sup. 139 3rd sup. 135.5 1st res. 143.9 2nd res. 146.2 3rd res. 147.7 Title: GBP/JPY intraday: further ...

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

Thanks for the information forexian.. I think from a technical standpoint the 8.000 level triggered the buying that cause the rally for the Dow Jones today which I feel is short live...Tommorrow news is the Core Retail Sales and good ole Fed ...

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

Forex Positioning in the US Dollar/Japanese Yen Pair — USDJPY – Positioning in the US Dollar/Japanese Yen pair shows that the forex trading crowd has stopped buying into USD/JPY declines—the first sign that the Japanese Yen could slow its ...

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

I am not such a big fan of EW ..I like to keep it simple ....Stick to the basics.. The trend can only go up or down...

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

Try this indicator to help identify patterns on different TF for possible BO.. url

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

Try this indicator for EW.. url

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

At least until 4:30 am when GPY release more bad news..

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