AUD/JPY is approaching a moment of truth.

Cesarnc's market talk, gossips, rumours & fun

great analogy, so true. BTW I'm sure just as with the H&S in the GJ everyone in the market's watching this. So once it moves either way it's going to be big. If you look at the monthly the bull trend is still intact, so unless the price dips ...

AUDUSD - No love for commodity currencies?

Bonds move inverse to currencies, no?

AUDUSD - No love for commodity currencies?

FWIW Aussie wheat production is down due to haphazard weather conditions. There's also the danger of subprime crisis spreading down under.

AUDUSD - No love for commodity currencies?

FWIW some of the brightest minds in Finance are clueless when it comes to CDOs, CMOs and SIVs. No lie.

Cesarnc's market talk, gossips, rumours & fun

I'm thinking the same thing as you.

Aussie Pairs

BWR, They need to gain more traction for a ride down.

Aussie Pairs

There's a trendline on the weekly at 8667 watch that level.

AUDUSD - No love for commodity currencies?

BWR, I was actually being facetious, I'm a Daily/Weekly guy. The shortest TF I look at is 4hr

Cesarnc's market talk, gossips, rumours & fun

funny but so true, hell every second in forex is interesting. BTW my motto for the New Year is "take profit, early and often"

Cesarnc's market talk, gossips, rumours & fun

Yep, its when shit drifts sideways that it's hard to make pips. Down? fine. Up? fine. Just give me a clear direction. cesar, Are you a futbol fan?

Cesarnc's market talk, gossips, rumours & fun

I think we've got another round of selling yet to go in UJ.

Cesarnc's market talk, gossips, rumours & fun

Euros are pussies, they never push the bull trend. I think the Carry is indeed where it will be at from now until the volatility is gone. GJ and UJ in particular should be active on Monday as they're both at their critical support levels.

Cesarnc's market talk, gossips, rumours & fun

Looks like UJ and GJ are at critical support levels. Sunday should be interesting as Asia haven't digested the numbers yet.

Cesarnc's market talk, gossips, rumours & fun

True, guess we'll have to wait for Sunday night.

Cesarnc's market talk, gossips, rumours & fun

Hmm I thought we'd see a close above 1.48

Cesarnc's market talk, gossips, rumours & fun

I only use fibos, and EMAs. I can't deal with too many indicators. I'm also a swing high/low guy.

Cesarnc's market talk, gossips, rumours & fun

Ha! funny I mentioned to my man Ash that I thought that baby was looking ripe. FWIW I think that there's a short opportunity on the GBP/AUD for those late nancies.

Cesarnc's market talk, gossips, rumours & fun

There's a major trendline at 212ish last time it was rejected right around 213.50sh I believe. Good call.

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

That sound you hear, that's the long truck looking for a parking space.

CAD/JPY