Really?

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

It's golden week in Japan, hence the quiet Asian session.

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

I find it odd, really odd, that they delay the stress test, during the delay all carries rally. Hmm...

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

I just find it "interesting" how all the crosses are conveniently "rallying" along with the Dow all the while we await the stress test with hearts a flutter. Or am I just a conspiracy guy? not to mention the patterns developing on eur/usd, djia, ...

james16 Chart Thread

Hmmm...dunno

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

If that happens we'll go for 150 for sure

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

I dont' see a significant pullback till 151 imvho

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

lol

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

The target of 148 was on the daily/weekly, depending on where we close we could see an extension to 151 today. If equities continue to be bullish. Did anyone see this news article? U.S. Bank Stress Test Results Delayed as Conclusions Debated Share | ...

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

Looking at 4hr, and daily, the next zone will be 151 if we bust through 148.00.

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

You'd probably hate that trade if you took it as a long, why not wait for either a break above the blue zone if you're looking long? or a strong rejection at the blue zone for a short? Just my .02

james16 Chart Thread

Same thing, different language. I gotta get in on this volume thing you keep talking about.

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

Shakeout makes more sense at a higher level imvho.

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

4hr

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

Yep we might see 148 in Asia, 150 in London. I thought we'd go for a 144 test but instead we reversed off the pivot and are looking higher.

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

Dunno why but YM wants to go higher

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

Dow wants to break above 8200 looks like, this could take GJ with it.

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

I think back below 144

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

Dow in the red, perhaps a move down below 144 to find more buyers, then back up to 148.00. Respecting the t/l on the dip.

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

Yep I had 148 as my near term target somewhere in here based on the daily.

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