Higher highs, higher lows on H1 - first of its kind today- it's on its way to the first target.

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

IMHO a test of 156.62 and potentially 157.86 still possible, albeit with hiccups along the way.

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

working on it,bro...

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

Sunday thru Tuesday rise was exaggerated upon which my systems signaled relative overvaluation which usually results in quick violent snaps(in case of bull trend corrections). That's right, currencies r good for systems trading, futures however are ...

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

There were some imbalances in the market this week which needed to be adjusted which caused some hefty gyrations. Probably best to wait out a base for this retracement to build longs if one's going for the medium term. Are u active in index futures ...

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

Hi I - How u doin'? No, I closed my entire short position wednesday on my target level. Worked out pretty good, caught couple of nice swing turns, so I'm chilling GU for now. Yea, I guess it's our turn , "We The People" to get our fair share.

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

Actually that would be mathematically undefined, since the reciprocal (the other currency) would be worth 1 / 0. You could, however, argue it cannot go below lim-> 0.000000000000000000000000000001 in which case the reciprocal be something like ...

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

My tick database's showing a drop sub 1Min so next tick was lower 109 pips. During announcements there is sometimes no Bid in the market on EBS or Reuters something like this could happen. Question is though if they're really offsetting the trades ...

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

Yes, that's correct, but please pay attention to the false breakout of the lower side and subsequent reentry as well. If you go back and research patterns of this nature, you'll find good chance of price testing the opposite side of the triangle. ...

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

GJ Is Undervalued At Current Level — GJ is en route to 157.86 .

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

Correction Completed As Expected — Alright...The Correction as signaled by my previous cable chart is completed...my 1.6325 retracement level has been met and exceeded. This has been a truely enjoyable ride for 400+ pips ride in a matter of ...

Cable Update (GBPUSD)

I hear you...definitely...in the medium-term cable's still a raging bull...but it's probably good for a quick retracement.

Cable Update (GBPUSD)

I agree, Tony, the dollar looking increasingly bright...potentially a morning star on the horizon here...

Cable Update (GBPUSD)

Hi I Thanks. H1 is my minimum TF and upwards. I also use a portfolio of systems looking for PA-Imbalances...

Cable Update (GBPUSD)

If it keeps on rolling like this thru close, would make for something like an evening star on the daily.

Cable Update (GBPUSD)

Hi 4cfx not a target per se, but I feel it should test 1.6485 and then 1.6325 to let off some pent up pressure.

Cable Update (GBPUSD)

Hello Tony How are you, Sir? What do you think about my chart above? Is it a true hangman or rather a doji?

Cable Update (GBPUSD)

Short Term Retracement on the cards — Rally from 1.6192 on sunday worked out very nicely. Time for correction now? I see a hanging man on H1 boding a potential short term reversal....

Cable Update (GBPUSD)

Cable's been broken out of range, car without brakes, expect higher highs soon.

Cable Update (GBPUSD)

Hi All, Anyone's using a broker with spread on cable less than 2 pips?

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