Shorted g/j too after considering if g/u goes down, g/j will have a high probability to go down too. Shorted at 235.00 targeting 120pips at least down.

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

Shorted g/u at 2.0498. Targeting at least 120pips.

Cable Update (GBPUSD)

I took a short on gbp/usd at 2.0498 going for at least 120pips down. SL will be at 2.0540. Hopefully it will be range.

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

Closed my longs since 233.10 for 130pips profit. Enough for today.

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

We might see 235 later. Very bullish.

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

Pls watch u/j chart. It is waiting for a breakout. Hopefully break up.

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

Hang Seng is up 1000 pts!! over 3.5% up Europe are all green. I guess US will follow with some gains.

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

Still holding longs since 233.10 Moved up first target to 234.40 This time it should go up higher than 233.90

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

Still holding to longs. Just missed my target just now by 20pips. I think stop hunting was going on just now. Should resume uptrend.

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

Just longed at 232.90 Targeting 1st Target at 234.10 Might up much more. Looks bullish on 4H charts. Hang Seng Index went up 750pts! So I guess Europe will go higher today and carry trades should be up.

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

Why wanna hold a losing trade? Rather go with the flow which is down ? Who knows how deep this down move could become? Always use SL.

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

woOHOO carry trade unwinding

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

Hrrm okay. But I think g/u will retest 2.0500 support soon b4 deciding going up further or going straight down because of massive gbp/jpy selling.

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

Hi guys, Would like to ask the expert's opinion about the correlation of gbp/usd and gbp/jpy. If not mistaken during the last great fall from 251 , g/u also did fall badly. So can we see that again if g/j falls rapidly, then g/u will follow suit?

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

Dow not showing at signs of stopping from going down further....free fall. Could see dow lower by 300pts.

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

You could suffer massive losses. Always use SL when things aren't going the way u want it to be.

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

Going down a lot this GBP/JPY, EUR/JPY and Dow. Broke from the triangle already on H4 and daily charts. Might see 230 next week.

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

This time g/j is heading down for good.

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

G/J just broke out from the H1 and H4 wedge. Im expecting it to go down at least 200pips within today and tommorrow.

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

10. 16 OCT 2007 OPEN GBP/JPY LONG @ 237.55 1st Target = 238.35 2nd Target = 239.55 Stop Loss = 2336.75 11. 16 Oct 2007 OPEN EUR/JPY LONG @ 165.40 1st Target = 165.93 2nd Target = 166.63 Stop Loss = 164.93

UncleForex Trading Journal.