At last, a little life - cable has now got above its 5m 34ema and just hit its 50% retrace of its last fall - I´m looking for around its 61.8% which is close to 2.0300 - a nice number! As long as UJ stays at or above its current level of 117.30 ...

Daily GBP/JPY analysis

Hourly Chart — Not the best bullish bat, but the confluence of support in the 237.40 / 50 area does make me happier with my long. We do need to see UJ above its DP of 117.35 AND cable moving up from its M1 at 2.0254 to get a decent rally ...

Daily GBP/JPY analysis

So far, cable has halted its fall at Tuesdays Low and GJ has stopped at its S1 (Asian) 237.37. UJ is just above its M2 so this would be a nice area for the Brits to do some buying....TWT

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

Yesterday afternoons sell off was Dow related. The Dow had a flat morning, creeping up to new highs before selling off 250 points from 2pm till 3:30pm before bouncing up 50 into its NY close. This helped UJ sell off 75 pips to 116.99 and cable did ...

Daily GBP/JPY analysis

LOL - just shows how bad I am at multi tasking - I was mainly looking at EJ and forgot to keep my GJ fully updated - I dont doubt that you were on top of the signal!

Daily GBP/JPY analysis

I was actually short EJ and got out a bit early, but trust that you hung in later - as usual! I´m not good at trading during our evening - too many family distractions! I´ll play catch up b 4 FO - g night.

Daily GBP/JPY analysis

Hourly Chart — I´m not certain about a channel, but I have just noticed this bearish gartley - pity I didnt see it before, I´d have been tempted to put a limit sell in the area that we had already identified...

Daily GBP/JPY analysis

There was a 1 min spike at 10:45 up to the monthly R2 at 239.89 that I mentioned earlier - so far thats the high and with the Dow 25 off its intra day high its not looking as if there´s any interest in pushing higher this morning. Other than seeing ...

Daily GBP/JPY analysis

Many thanks...I´ve learnt a lot from your input too.... pattern recognition to reinforce other methodogy is very helpful - and with zup easier to apply! Cable´s looking heavy - sitting right on M2 and UJs also consolidating - hope the main US ...

Daily GBP/JPY analysis

So you´ve got topless and naked girls on the beaches in California too?

Cable Update (GBPUSD)

lol...I guess that´s something that we can all agree on - and be right too!

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

I have todays M3, a monthly pivot and the 78.6 fibbo all in the 239.83 - 240.00 area and although the 61.8 fibbo has held so far the longer TFs are still trending up - just need cable to put in a small rally and these areas will be hit

Daily GBP/JPY analysis

I also have R2 for UJ at 117.80 from the Asian session - UJ´s certainly dragging the other pairs up - Dow futures also +74 and near their highs for today...

Daily GBP/JPY analysis

Agreed as already posted - now with interest from Aus and DRT - who I haven´t seen for months -the thread should start to pick up... url

Daily GBP/JPY analysis

Thanks , now I remember - Strato uses them a lot - its a couple of years since I read his thread and visited his room.

Daily GBP/JPY analysis

Thanks for reminding me about EJ - there´s also a good pattern on the hourly chart that has completed at 166.80 with a nice doji on my chart - I´m waiting for my 5min to confirm a sell.

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

Hi Wolf...its a long time since I´ve seen a chart with those levels and breakouts etc - please remind me about them - thanks. I´m just scalping at present as I cant see an overall direction - now I´m short from 239.35 with a stop at .65

Daily GBP/JPY analysis

LOL....good job Monarch provided this nice link.... url some of us need it!!

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

Sorry, this is off topic, but couldn´t resist this chart of EJ - these are the correct ratios and lettering. NB "D" could also go to the 1.618 expansion - the 166.80 area.

Daily GBP/JPY analysis

As posted elsewhere.... Good Morning....so far I´m seeing conflict between UJ and GU - UJ is trading above its Asian Pivot and holding at M3, Cable is trading under its DP and holding at S1, so whilst these two stay within these bounderies we can ...

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