Short at 89.75 — Target 88.60, Stop loss at 90.27

EURGBP

100 Pip retreat from 130 in a matter on minutes ... not a good indicator for longs. Still hold the view that below 130, shorts are a way to go. Stocks are tanking, EUR/JPY is tanking....its only a matter of time before gbp/jpy follows...but I have ...

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

Brick Wall at 130 — Short below it, long above. This is a wild move. Stocks go down and GBP/JPY goes up...Hmmm..This is different.

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

Long at 119.35 — Closed my long for 200+ pips up. Not liking price action around 122.

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

It's possible, but that's speculation. I am only looking at PA at its telling me that the drop has stalled ( for the moment). If PA starts acting differently, I will take note of it and take appropriate action. As for BOJ, you are right they alway ...

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

Long at 119.35 — No follow up on the break of all time low. Sellers backing off ( for the moment) as they are scared BOJ will intervene and they will be caught with their pants down.

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

Its all about the banks now. headline news on CNN MONEY says it all "bank stocks lift markets". I haven't seen this is a very long time. It is looking more an more that this is the bottom

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

125 broken.... I will let this thing run to at least 127. 130 may be possible as you say. A part of me says this thing will never go down below 120. PA looking strong. Thanks for the the advice.

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

Trying a long from 119.70 — Guess what? It didn't get hit. 500+ Pips in three hours. This is a record for me. Hope some of you guys caught some of it. I am debating whether I should close this or let it run.... If we get above 125 I will let ...

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

I really want to know the major sellers of this move. Anybody?

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

BOJ may have something to say about this tonight — This move is too violent for their taste. There is no rational for yen to appreciate this much this fast.At least I don't see one.

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

Trying a long from 119.70 — .....As 119.40 held again. Stop loss at+1- it will probably be hit, but I will let it run as it is risk free.

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

Out already....woaaaaaa

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

Sellers out — Stop loss at +2. Hope the freaking Bears go into hibernation for the next few years and let me enjoy this . Lets c if we can get above 128 first.

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

Sellers out — Trying a long from 125.60

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

Cuz euro is way overvalued. Its going 1.200 soon.

EURUSD

Market way Over-reacting — The shape of UK economy is not much worst then the U.S. This move down will be corrected, but probably not tonight. Herd mentality has set in, so until this is broken we will not see a correction. FX markets tend to ...

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

Short at 135.25 — Entered stop loss at +1. Target 133.50 for now.

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

Short at 135.25 — It's lacking upward momentum ( for the time being). As the market stalls, some unloading of longs is now due. Will watch PA...

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

It will...already past 134. Will set stop loss at +1 in a bit and let this thing run to 140? 150? Stocks are rallying strong in Asia. If stocks rally in EURO and US this strong this thing going to 140 tomorrow alone.

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