That's just it, they don't honor interbank prices nor play fair. I've known some people that have worked in the depths of some very well known (and still active) bucket shops... you wouldn't believe what goes on.

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

Only if you trade through some ghetto bucket shop... got away from that junk years ago and am very please with Interactive Brokers... a real broker.

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

I was actually buying EUR/USD near the lows today. It hasn't followed cable and I think it's long-term bullish. And I mean long-term, I'm taking these positions and tucking them under the mattress at least until 1.4000 Maybe you're playing it more ...

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

Just grabbed some GBP/USD on this drop at 1.4474... there's still more retracing to be done here in both Geppy and GBP/USD. We're just seeing the larger time frames (1 hour +) align and consolidate the retracements of the shorter ones. Edit: ...

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

Patience guys, this was a very sharp drop... I'd expect more of a retracement than 133.00 (although could be wrong). If you're antsy, start taking smaller shorts at that level and scale in.

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

Took some longs down near 132.50 and looking for 134.00 for target and then scoping for shorts.

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

WOW! I had an order in to cover my shorts at 132.70... went and took a shower, came back and that tail on the candle got me out perfectly. Too chicken to take some longs for a scalp now so I'll be looking for a pull back to get fresh shorts in the ...

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

Anything over 4 hours is bearish in my opinion and the 4 hour seems to be wanting to go bear too. Once it does, it should be a great ride.

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

I also took profits, but taking fresh shorts now on hits pop. We failed at the 61.8% retrace of today's drop and looks like the overall larger bearish trend is ready to continue...

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

Thanks for the replies guys, I've been trading for awhile... but still learning (always right?). I've been scalping AUD/USD for 30+ pips most of the day since it's been so quiet.

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

Hey everyone... new here, just wanted to say hello and see if anyone has thoughts for Asia on GBP/JPY. Looks like it could go either way right now.

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