I agree karmo! But for now it looks like the cb's are in control only!

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

Analyzing my 4 hr chart I could see something building since Monday. After the big move down and it goes flat like it did it's like shaking a bottle of champagne, lol! I did get a long signal on my chart last night around midnight to go long at ...

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

I agree with your analysis steve, but I just see the past congestion and beleive we will see some stalling. A clear break of 209.50 would lead to 208.00 imho but I keep hearing about boj intervention at 105.00 on uj which could stop the drop. I'm ...

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

Thanks quecee5, I'm looking for a touch of 209.50 for a tp of 200 pips for me. Can you divuldge your source of info on the demand area?

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

JMHO, if you look back to last week on the 4hr there is alot of congestion in the 209.80-50 range, right where we are now. I beleive 209.50 is the key level today.

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

Well webstakes, we were at 230 in December, now 211, so who knows?

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

I have to agree malcomb14. 4 times now this pair has hit a wall at 214.00 since the end of January. I remember last year at this time I rode this sucker all the way down for a week. What a ride! I would not be looking long unless there is a ...

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

Any profit target on this trade hakuna?

Hakuna's pip stash

good evening/morning hakuna! i keep seeing a bullish bias but keep reading about the bearish bias.

Hakuna's pip stash

Yes. I closed both of my positions on the stall.

Hakuna's pip stash

OK. I went long at 234.61. I'm long cable at 517 also.

Hakuna's pip stash

I got 234.38 on the 15 min close

Hakuna's pip stash

Perfect bounce off my s1 pivot at 235.64. Hit my tp at 235.70. Thanks markam for the info about the correlation between the dow and this godzilla.

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

I still am!

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

I tried that too and more often than not got my butt kicked.

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

My S2 pivot is at 229.72, 15 min candle bounced right off. Next level, 228.28.

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

Then the BOE will probably cut rates at the next meeting. More gj meltdown in the future I think.

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

This could be fun! Cable stalled and all the yen pairs are doing a Greg Lougainis.

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

Hey, good news. Cable hit the R1 pivot at 2.0136 and stalled.

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

We need cable to take a dive now and we'll get 200 pips before lunch.

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