On the other hand, if we fail to break 156.50 it will be a clear bearish sign imo.

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

lol he is alive Welcome back

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

What concerns me is China, there are rumors that they will begin taking over European businesses which are low on liquidity, as you may know the debt to equity ratio of European (and especially german) enterprises is very high which makes them ...

Gold Discussion

The FED now takes steps to fight inflation concerns. They said that they are ready to pull out bank reserves and increase interest rates when the time is right. FED is monitoring the inflation very closely. But on the other hand, who thinks that the ...

Gold Discussion

I'm getting very mixed signals, but it looks like the short term trade is in favor of the bears. Anyways ... I don't want to step in these dark waters yet.

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

Next resistance should of been ~960, I have no idea why we stopped at 955,but by the size of this aggressive uprising yesterday I can only speculate that even ~960 is not gonna hold.

Gold Discussion

Do you believe in Illuminati and Santa Claus as well ?

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

The market is not rigged, our perplexity is simply the result of lacking information. They probably have insiders in every single central bank in the world and have all the information required. So every time you see stocks rising even though bad ...

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

yup, retraced after it hit 23,6 fibo. by the volume of the retrace we can estimate the bull power.

Gold Discussion

Well, here we have 939.50 my friend Let's go for the next one - 958.50

Gold Discussion

I would really like to know what Malcolmb thinks about the situation. I'm usually always in the same boat with him, but he was buying on dips last time I checked.

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

Risk aversion is actually increasing, gbp/jpy will soon begin to decline. Correlation with gold also starts to weaken. Nevertheless ~150 is a major support and fib level. I'm going short on this pair from 153,14 with a target 144,30.

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

haha it's ok, I tried to link it to a South Park episode, but you haven't probably watched it. url Anyways guys, check out what PPI did to the gold, if you are looking for a bit diversity you can try trading the XAU

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

do you like fish sticks Scotty ?

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

14:30 USD PPI m/m image image 1.8% image 0.9% 0.2% can u see where this is going ?

Gold Discussion

no

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

H4 has turned bullish, but we need a lot more bulls or it will remain just a retrace on the daily chart.

Gold Discussion

a little bit

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

So it's me against the world again Weekly still looks bearish, I can only hope that I am right with my experience of PA and logic

Gold Discussion

Lol G8 meeting, European Central Bank and German government are all very optimistic about what the economic conditions in 2010 are going to be like. I have a very strong belief that these expectations aren't going to be backed up. I'm bullish ...

Gold Discussion