Hey Karmos, How did you get those price projection levels? Using Fibs? Trendlines? EMA support/resistance?

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

That last quick Rally following Dow jones, seem to be a set-up for another deep drop!!!! What do your think? or is it 242 its heading?

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

tighten you stops means: make sure you have stops loss on first. If your stops loss was wide, lets say 50 pip SL, then you shuld bring it up to say 25 pips or closer cuz the likely hood of it reverse is high.

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

INteresting, What would it mean with the Twin Tops? Could be a 500 pip drop again? Evening Star?

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

European Stocks Decline on Subprime Concern; RBS, ING Slide By Andreas Hippin Aug. 1 (Bloomberg) -- European stocks dropped, following declines in Asia and the U.S., after Macquarie Bank Ltd. of Australia and Bear Stearns Cos. said funds may post ...

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

Cautiously looking at 237.50 level

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

Possibly another test to 237.50 level. If it past through that then 236 likely during NY market.

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

What do you mean?

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

Down we go. Down we go.

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

:surprised LONGS?? Did I hear Long??? I personally recommend that NO ONE go LONG unless you have deep pockets. 15 min before London open. It could get rocky!!!!!!!!!!!!!

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

:surprised LONG? who would dare, unless they have deep pockets!!!

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

Right now price stuck at 239.50 range. And the Nekkei is down 333 points in the RED!!!! More sell off when Frankfurt and London opens

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

you stupid!! : you got this one. I was actually prepared too. so thx!!!!!!!!! I see 238 is possible

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

230's????? So you expecting over a 300 or more pip drop?? This evening???

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

If you using that chart on a 12''-15'' its all gonna look pretty small. need minimum 19'' screens. I will be ordering 3 pretty soon. Here goes another drop fellas!!!

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

Let it Fly like a Eagle!!!! See ya at the TOP!!! 243.20

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

My Hero!!!! Now back to the program. Heavy Trendline Resistance at 242.20ish and Heavy Support at 241.87 ish I'm still Long but will have SL set if it convincgly close beloe 241.80

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

From my young experience, I notice when DOW is doing very well the USD is doing great and the G/Y also goes up. If DOW falls lets say 150 or more!! They all pairs drop, particularily the G/Y. But that alone isnt enough to make judgment call on as ...

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

yes Ridiculous!!! I wanted to put more trades but at that spread?

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