lovely looking flag on the 1 hour gbp/jpy, sitting nicely on the 55ema...most likely to break through floor down to daily S1 146.30 in this session. what do you reckon?

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

time for some serious money to drive the pound down. i've set my orders but she aint moving!

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

is this the ceiling forming 146.5 to 146.7? or are we going to get breakout towards 150?

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

they are but they always do.............just money making is what it is

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

the players are only going to rise till NFP, no ther choice, and most traders will be on sideline till then, then if numbers good, big players and traders will rise it more with the risk appetite, otherwise if the expected data occurs at NFP, ie. ...

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

the players are slowly rising price and setting bear traps on the way, and squeezing the shorts and testing their patience before dropping late on friday

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

price about to take out a few stops and maybe some short covering

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

which way do the small traders wont price to go? which way are the players going to make price go? price wont drop till late friday so it is time to go long IMO

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

both charts look like price about to head up, rising wedge on the 1hour and plenty of room to move back up to the descending trendline on the daily

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

your chart looks bullish - which is what will happen, too many traders/retail and the like wanting it to drop. what is a good price for the pound yen? 147.50 or higher will make 'THEM' happy for year end........ Do they want 135.....119 come the end ...

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

the only way price will be effected by news at the moment if it is bullish. The major players are doing there upmost to erase this negative sentiment, and trying to decrease volatility -and there doing a good job, considering. Price back at 147.50 ...

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

that was a boom, but 100 down now 60 back up all in a couple of minutes...now down lets see

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

today is first day decemebr, month closed already

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

watch for daily CPP as profit is taking takes place and the squeeze occurs. really sentiments arent real, and really why should the US react,,,,,.............really..............

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

i doubt any new lows will occur today or even below 140.5 The smart play for the rest of today will be for price to rise!, especially as people start unwinding there shorts and taking profit for the week, i think a close above 142 will suit the ...

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

i think london will open with rise in pound will be what will happens next, the contrarian move, only to again drop big on monday end of month..............thats if the 'players' can rise it though lots of bad ass sentiment......well see......best ...

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

i think we will find support here now 140.5 for the week might retrace back to 141.9 or higher, for weekend, and then down again monday for end of month breaking 139 and maybe 137 before trend reversal.

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

so you believe me now?

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

yeah i do and it is getting closer

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

what about getting new credit card - does that count? I got a new card with $2000 limit and traded and lost that once..

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