Now thats what I call profit!

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

Uh -oh, rocket launch ... thanks scrat for your comments, made me more vigilent and I was already out

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

Well all this bullish sentiment is making me take profits quickly from the shorts, never a bad thing I guess .. flat again now.

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

I saw a lot of bullish sentiment in here, but I got short again at that bounce off those weeklymonthly support lines, I still see only weakness. I've been wrong before

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

So 2 support levels and a fib at the same place .. I should go long but would rather wait for a good retracement and go short again. There is a lot of weakness now but of couse (fake) news could change all that in a blink...

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

I have a weekly S3 at 188.95 and a downward tl near the same place. She tends to ignore the weekly, monthly support levels .. but after that one, nothing until 186ish, the last monthly support.

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

I agree and I closed my short after that break of the two suppots. Way overdue for some sort of correction at least.

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

Went through those 2 support lines like butter.....

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

How do you know I'm not making money .. and how do I know you are? For someone making money, you sound pretty testy.

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

It is well below the daily gann now and still falling. I thought a few posts back many were expecting it to go to 180 or below, now people are changing their minds? It has a weekly S2 and Daily S3 at the same place, 191.02 so I would expect it at ...

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

Oh .. I didn't realize you were the Lord and Master of this thread....

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

well in a fast moving market maybe no time to post a chart, at least he gave tp and sl levels, people can interpolate from that what he is thinking, although maybe an added sentence or two of explanation would have been useful...

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

I did, I saw s/r lines, no trendline... ?

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

Where's the trendline??

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

Because the strength or weakness in the dollar is relative to the other currency. The dollar could be strong compared to the pound but weak compared to the yen. That's why I also rely mostly on technicals, what I see on the charts. News comes and ...

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

Been there, done that You'll come roaring back

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

Me too, action is too crazy for prediction, crystal ball is fuzzy.

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

Very well stated I vote for the chair being cut out from under him

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

All I know is at some point this is going to be the mother of all shorts... But not yet...

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

Amazing ... and totally wierd.

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