Trendline don't lie..

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

Are you ready for a kaboom like msniper?

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

Good Luck again Remember Japan is out is why UJ recovered so fast. 150.00-150-50 is where the GJ will possible stop before dropping

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

GJ Daily chart — The overall daily downtrend is holding atm I am still bearish until the TL is broken If the trend line breaks for GU for the H & S formation, lookout below

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

The 15 TF down channel broke so 149.50 is my target

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

Look like an inverted H & S formation — I see an inverted H & S formation if the downchannel breaks to 149.50

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

PA is still holding in the down channel so retracement is possible to maybe 149.50-150.00 based on my chart.

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

Weekly and Daily GJ — Close to the 146.00 support zone

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

Well, it different when trading for other ppl. I am multi-task, so I can trade multi-account at the same time since I have three computers with many screens.. I use Percent Allocation Management Module (PAMM) for my private hedge company for managed ...

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

The advice I can tell you from my own experience is to have two or three accounts...I have a swing trade account, intra-day account and safe account When the PA is ranging, I would scalp for 30-50 pips to build up a margin in my short trade account, ...

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

I have been a member since 2005 and I have learn alot from many traders about MM, price action, basic S/R..Years in trading doesn't mean much, it how much you can keep. The private hedge company thinks I know what I am doing..I trade other pairs ...

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

Japan are out for five days because of the bank holiday..I would think the UJ would make a rebound for GJ if the GU doesn't break the neckline for the H & S formation..

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

Thanks for advice, but I shorted since 155.00 area and I hedge for any drawdown..I think I can handle my trades since I trade for myself and for a private hedge company.. I've been trading for 7 yrs.. I am a swing trader and scalp sometime for ...

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

Selling all rallies unless the daily down channel is broken..

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

GJ daily perspective — So far, the price action is following the down trend channel toward the 38.2%(146.00 support zone) If the H & S formation playout on the daily GU than price action should continue furthur down for GJ at the 50% ...

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

The PA sitting around the weekly S2 148.50. The PA may playout to touch the 146.70 support( Monthly S1, Weekly S3) before reversing because Japan will be out for the five day holiday.( Bank holiday). This maybe the opportunity for a retracement from ...

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

CNBC reports that G20 leaders won't discuss the USD at the Pittsburgh summit...report cites Reuters, but no other source. This could be a USD negative in the sense of benign neglect reinforcing perceptions that USD weakness is inevitable.

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

Who is bullish now? — I see everyone is joining the bear club.. Waiting for the yellow line to break for the 146.00 zone target. Trade your charts

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

Easy-Money Fed Fueling Dollar "Carry Trades" — by Mike Larson A fascinating thing just occurred in the global interest rate market: For the first time since 1993, it became cheaper to borrow dollars than Japanese yen! The three-month ...

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

What happen to EW?

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