I see what you're saying Malc, when you swing trade you have to take into account retraces and whatnot. I've been short GU for a bit now and on my weekly, which I took the trade off, I see 1.58 next and then 1.51 so we'll see. The close below 1.60 ...

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

Cable going to die a slow death to 1.5600. Good weekend all.

Cesarnc's market talk, gossips, rumours & fun

Indeed. I'm looking for 1.5800/1.5700 on cable.

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

I think people are starting to smell horse manure url

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

Eur/Gbp is down, so that messes up GJ and GU pa imvho

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

On the sideline. Close my cable short didn't like the PA but Im ready to go if we break 1.61 nice unemployment rate of 9.4% but less jobs lost? ROFLMAO yeah right.

Cesarnc's market talk, gossips, rumours & fun

There are stops below 1.60 I'll take profit at 1.60 and watch the action around there. No need for greed, now is there? Cheerio chaps. Time for summer class.

Cesarnc's market talk, gossips, rumours & fun

Been short since Tuesday, no reason to do anything. Wait till the Employment "improves"

Cesarnc's market talk, gossips, rumours & fun

I promise, there's dip buying. Trust me. Signed, Broker

Cesarnc's market talk, gossips, rumours & fun

No no there's dip buying on cable. I promise

Cesarnc's market talk, gossips, rumours & fun

A "Heart" break hotel, if you will

james16 Chart Thread

1.61xx next

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

This is the only game where you can come back from all your fuhkups with one great trade.

Cesarnc's market talk, gossips, rumours & fun

1.61 on the daily for GU

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

I was actually about 100 pips of but that happens as these reversal zones are wide especially on the higher TF's. Anyhoo, let's see where we go from here.

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

Hey Fellas, Good to see everyone is still kicking. I'm with BWR that plane crash scares the shit out of me. Oh and bye bye Cable. 1.6662 was the top

Cesarnc's market talk, gossips, rumours & fun

On the weekly gbp/usd chart the reversal zone is above 1.6700, around 1.6742

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

166.00 is the target on the weekly. That's the reversal zone imvho. That was also the 2008 high after the fall to the 118 area.

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

rgitt, Good analysis. I also think we'll see 160s

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