4 hr chart — So far GJ has stopped at its Weekly S1 and UJ at its Daily S1 and both are attempting to retrace, GJ being held back by cable which has just put in a slightly lower low at 2.0762 in front of its PPI data. Cable has a weekend gap ...

Daily GBP/JPY analysis

Both the Dow an S&P are in 4 hrly TL....the S&P stalled at its 61.8% support of its rally from its August low of 1370. The Dow at about 55% of its rally at a 261.8 extension. IF they can hold, then a bounce in UJ / GJ should happen.

Daily GBP/JPY analysis

mm.....I seem to remember Gene22 mentioned this Friday - lol, now we know why!

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

YM went - 165 before stopping at the 78:6 retrace of yesterday afternoons rally and GJ got down to the confluence of S3 and its 233 level....will these levels hold?...... TWT

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

It looks as if the fall was FX led, YM only went negative an hour ago, well after the UJ etc fall started - YM now held around -100, UJ around 111.20 and cable decides to drop 100 in 15 mins....Freaky Friday's here again! GJ -450 since FO.....some ...

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

UJ has found support at its S3 - 111.00 and GJ at its S2 of 234.38, also my lowest 200ema band - rarely hit and usually good for a bounce back to the 34ema - say 236 area....TWT

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

Yep, the 111.50 area is critical ....a daily close under would be very bearish

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

Done

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Bl**dy Hell....where did you say you were moving too, with your truckload of gold bullion....the scary thing is that IMO, he´s basically right! image

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

UJ Daily — Here's a possible EW chart for UJ.....note that in the first W3 fall, there was a 9 day period when price traded sideways before moving down into the main part of the fall. If this is repeated next week, it would allow the suggested ...

Daily GBP/JPY analysis

UJ Daily — Here's a daily chart with an EW suggestion...

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

GBP / JPY daily & 4 hr Analysis — As I find it difficult to find a clear direction and we now have the BOE and ECB rates out of the way, I´m setting down my thoughts in the expectation some wiser heads will add their input. The Daily Cable ...

Daily GBP/JPY analysis

Another gem ....lol, perhaps Mr Markam will comment! 1511 GMT [Dow Jones] The dollar's slump has sparked concerns about central banks in two main ways, says David Brown at Bear Stearns. "Firstly, the market is concerned that big reserve hoarders, ...

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

Bernanke: Fed Will 'Act As Needed' On Econ, Inflation Bernanke: Housing Slump 'Likely To Intensify' Bernanke: Lower Home Prices Downside Growth Risk Bernanke:Sees Core Inflation Consistent With Price Stability Bernanke:Oil, Commodities 'Important' ...

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

I see the pattern too - although it could still go to 2.1264 by my calculations. Whilst Zup shows the TLs out to next Wednesday / Thursday, I have a Daily Time LIne today...lets see what The Brits do tomorrow at LO.

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

So someone bid up the Dow Futures more than 100 ticks overnight (PPT?) and now at the pit open the New York guys have brought it back to -20 on yesterdays close....mm guess they dont get fooled that easily. Guess its down to Helicopter Ben to dish ...

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

The Dec Dow Futures is currently at 13377, +76 on the close and its just bounced up off its 5m 200ema

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

Dow Future's in la-la land again.....+110

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

yep, so far cable has held above its 5m 34ema although momentum is dropping

Daily GBP/JPY analysis

KISS on a 5 min chart — Clear action again - M3 held the overnight action, sold off to under M2 and bounced back up to DP, another small sell and bounce to under DP before the 150 pip drop to a quadruple confluence...S2, Mondays Low, a 100 ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait