You are getting closer to the beer mate

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

Well the original idea was that today is G8 Meeting, H1,H4 and Daily seem oversold and Weekly gives a sell signal, relying on experience there is always a strong bounce in this scenario, but now when the 914.30 is broken to the down side I will ...

Gold Discussion

I saw that. Even now weekly is giving a strong sell signal, but I am going to try out a lower time frame buy trade. G8 is today and China and Russia raised the question about a new currency to take the place of the dollar. What better pair is there ...

Gold Discussion

Ok, i think here is a short term buy opportunity 918.90 -> 939.50

Gold Discussion

They are probably recovering mate, or stay out until they get a clear view of what is going on.

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

I am in the same boat as malcolmb. It's all about selling until at least 150.50 - 151.20.

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

FA must be the code name for Nostradamus. Or Pham could be one of those who use astrology to predict the future trends, they don't care about the news, because the stars are talking to them

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

I agree. The ranging channel is yet to be set up, it may be a bit wider than expected and we may even see the gold testing old pre-crisis support levels in the next year, it all depends on how fast the recovery will arrive. The faster the stock ...

Gold Discussion

It's me selling some pounds in the late hours of the day. Wanna bet if I can take the geppy to 150.50 all by myself ?

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

I wish you the best of luck my friend I'll put a limit buy order that expires in a month from now on 137.50, if it gets activated you'll get a beer on me

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

137 in a single month ? Hard to believe. I'll get off on 150.50. 150 will be tough to break.

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

Here is a nice dependence between the PA and the 52 weekly sma, it was always a good support and a signal to buy gold, with the start of the crisis this dependence and the support were broken, but now it seems like a good buy method again. I will ...

Gold Discussion

I agree on that

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

It definitely smells like a false buy signal to me.

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

hm ... if you all are shorting the GJ may be I should start thinking about closing mine.

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

The 6th is dispute worthy, but the the rest are fine. And seriously , if we break 156, anything is possible, even 150.

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

More like 154.50 first target and 150.50 2nd, but not necessarily only because of the reasons you named.

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

Patterns on lower time frames aren't always that reliable as on the higher ones. I'm still short too.

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

I think that it is too risky to do anything at all.

Gold Discussion

I don't think there is much of a difference, both are highly correlated.

Gold Discussion