Bad Debt Plan May Cost Up to Half a Trillion Dollars — Treasury Secretary Hank Paulson briefed Congressional leaders on plans to address the "illiquid assets" on U.S. financial institutions' balance sheets, possibly including the creation of a ...

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

Ascending Triangle on the 1 hr chart — One more hour before London comes on board .. Possible breakout above the 193.00 range

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

My swing strategy... — As a swing trader, I look at the higher TF for overall trend.. For example: The 1hr and 4 hr TF are trending upward.. If the price action pullback, I scalp for an average of 10 to 15 pips.. I like to do this because when ...

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

London market will help the momentum.. —

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

Next target if the R1= 193.70 breach — I see a 197.00 range as my next target based on the daily chart.. The overall trend of the Daily chart is still downward.. A retracement to the upper channel of the Daily trendline near the gap area that ...

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

Close to the first target at 193.70 — You be the judge.. I hope everyone is following this trend.. Possible pips... Started at 191.70 average from the pullback to 193.70==200pips

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

Money on the sideline — An estimate shows that about $4trillion or 30% of the markets value is sitting on the sidelines wating to get back into stocks.

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

You are funny!! — I hope you are on the right.. Lockin pips.. Almost near the target 193.70

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

Short-Selling Crackdown Extends to New York, London — Sept. 18 (Bloomberg) -- Financial regulators in the U.S. and U.K., attorneys general in New York, Texas and Connecticut, and the three largest U.S. pension funds are cracking down on short ...

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

Paulson, Bernanke Seek `Comprehensive' Crisis Plan — Sept. 18 (Bloomberg) -- Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke pledged to work through the weekend on a plan requiring legislation aimed at alleviating ...

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

It depends on the details... — Waiting on the details...

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

1 hr chart — Almost near the R1 at 193.70 range You be the judge..

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

Rumors — The rumor going around is that the SEC will ban short selling on stocks......

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

50/50 who knows? — Government intervention always seem to surprise everyone..

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

Feds are working on a plan right now — The feds may announce something during London Time..

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

Daily chart — Second Target 197.00 range near the gap area... The price action may run up to the upper channel of the daily chart..(197.00) Trend is your friend.. Trade from 191.70 average from pullback to 197.00 possibe 500+ pips.. ...

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

4 hr chart — First target 193.70 -80 range You be the judge.. Trade at 191.70 average target 193.80....possible 200 pips..

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

1 hr chart — You be the judge.. I don't see any resistance at 192.35.. :nerd:

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

LOL — Me think NOT.....

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

Any questions? — Patience ..... Trade what you see on the charts..

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