Indeed indeed ---- time to go south for Friday.

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

-Oops - short was at 5897 = still 60 pips in the red

Cable Update (GBPUSD)

hmmmm — Still need to learn how to do that.....sorry..... making food now as well....lol 15min shows upswing but stoch shows to close long on cable now. but if we go to 6085 it will be good double top to short. I made a short at 5997 - so a ...

Cable Update (GBPUSD)

On 15min looks like an upswing - how do you get 6085?

Cable Update (GBPUSD)

Thank you, Yes best to focus these crosses for scalping - but I am not a "complete / full" trader yet and trying to understand uj in context of carry trade (now faded) vs $ weakness, etc. Somehow find this cross the same as EURGBP - technically not ...

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

What do you make of uj?

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

No.

Cable Update (GBPUSD)

Do you have chart of $ index please?

Cable Update (GBPUSD)

One thing to watch out for is EURGBP - gy is held up this morning by eg's move lower, any turnaround here and bad economic news can send gy down fast.

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

If we have a strong US session then may get there by tomorrow this time...

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

Best way - the "mature" traders wait for daily and weekly to correlate and then play the patience game. But - in between sure there is many pips to be won and lost.. US futures green so I stay long gy to 156?

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

You either need to be short term smart or have long term patience.

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

If you combine this with a look at EURGBP: If EURGBP breaks the .8650 line then we will really be running

Cable Update (GBPUSD)

Daily RSI still approaching 70 - so I am long on gj, Weekly also looks good now.

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

Did not expect this day to be so quiet?

Cable Update (GBPUSD)

Just added some more shorts...

Cable Update (GBPUSD)

Yeah, agree. Not this Friday but the Friday before I made a post of gu target of 1.65....we made it abot halve there by last Friday..

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

Thanks for this

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

Yes - your short of 65 pips was very brave....

Cable Update (GBPUSD)

Interesting - thanks

Cable Update (GBPUSD)