Conversley, might you not have considered the "sudden" break up a "single player" trade - possibly Russian as suggested earlier? Edit: and yes, I too like confirmation to add to my shorts......an hourly close under the 206 level will be a good start ...

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

Gann Shapes - Hexagon and others.... LOL - I hope that you know how to use an Ephemeris and have suitable software like Wave 59 - IMO you should allow three or four years to get a basic grounding in what you'll need to solve any of these Gann ...

Gann Analysis

That seems a pretty good interpretation to me. As I posted elsewhere earlier.... "This all leaves GJ in a 15 min up trend channel - waiting for Helicopter Ben, Trichet and the BOJ's new guy all due to speak at 9am EDT - 14:00 GMT. The vast ammount ...

USD/JPY Discussion

LOL - so the old "Red Telephone" still works - only now its the bankers that get to use it - still, they are the puppet masters.....

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

Lets see what happens over the next couple of hours..... WASHINGTON (Dow Jones)--Federal Reserve Chairman Ben Bernanke on Tuesday put the U.S. dollar squarely on the Fed's radar screen, saying its slide against other currencies has led to an ...

USD/JPY Discussion

I do hope that my wife's second cousin's broker bought those 100 lots that he might have heard about.....those darned Chinese Walls arnt at all sound proof..... image

Cesarnc's market talk, gossips, rumours & fun

If you take the Swiss Franc as the most stable currency, then IMO the 150 pip spike in USDCHF is on percieved Dollar Strength as opposed to any change in the value Swiss Franc - and by implication this would apply to the other pairs too......IMO

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

MM.....as I posted elsewhere...... "So how many traders do NOT think that the Big Dogs (and their friends) knew this was coming?....... The question now is how many believe that this is the start of dollar strength.....or are they unpacking their ...

Cesarnc's market talk, gossips, rumours & fun

So how many traders do NOT think that the Big Dogs (and their friends) knew this was coming?....... The question now is how many believe that this is the start of dollar strength.....or are they unpacking their bermudas......

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

1304 GMT [Dow Jones] Dollar gets a big boost from Bernanke's comments that Tsy and Fed are "carefully monitoring" exchange rates - sending EUR/USD to $1.5560 from just above $1.56 ahead of the comments, and USD/JPY. Fed chief's direct comments on ...

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

Now there has been some change - cable's taken off after its small retrace, so with the Dow still supporting UJ, GJ's broken above its weekly pivot at 206.13 and its heading for the 50% retrace off my hour chart at 206.59 and then its monthly pivot ...

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

No great change.......cable's holding towards the top of that last rally after pulling back to its 50% retrace and UJ's also near the highs of its bounce with the Dow - YM - just above 12500. This all leaves GJ in a 15 min up trend channel - waiting ...

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

LOL...... image

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

OK, so Swissy bounced, freeing up UJ and so we got an 80 pip bounce in GJ. Seeing that the Dow - YM - has regained its 12500 level I'm thinking that there's more upside to come in UJ..... But the euro's stalled, +100 in under 4 hours is BIG for € - ...

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

I think that's highly IMprobable whilst the dollar is falling - swissy making new lows - and the Euro is rallying to new highs - this allowed cable to make a higher low at 1.9608 a couple of hours ago. However, it is now into its DZ on my 15 min ...

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

GJ 15m chart — I'm seeing less selling in UJ - its failing to follow the swissy's new push down - and IF UJ cant continue down, be prepared for another bounce in GJ......

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

This morning's fall has been caused by a fall in the dollar. At 3.55 GMT the Swissy and UJ both dropped under their respective daily pivots and fell into Frankies Hour, before bouncing just before the London Open - UJ held at its 61.8 retrace off ...

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

GJ 4hr — So far its looking as if todays drop is 4 pips above the 50% retrace on my 4 hour chart - I guess I was a little off in placing my fibs! The height of the bounce will give further insight into the strength of this down move and the ...

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

That's The Spirit....... I like shorts too......

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

LOL - its a Freaky Friday - easier to be a Poet and Push Off Early To - where else but the Pub! - I'll have another one...Thanks - Bottoms Up..... image

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