there's not that much room up; my limit is @ 204.50 area (so it's less than 100 pips from now). a daily close above that would screw up big time everyone's analysis because it would mean a possible breakout from the daily downtrend and (at least) a ...

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

thanks... i thought people here were preparing to reload longs... oh well then i must be really tired... or i forgot to refresh the page since yesterday . gotta get some rest anyway, see you all later.

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

before you all go hog wild opening long positions, let me show you this daily chart. as you can see, we are very close to the daily trendline (which seems to be a strong one, look what happened in the past when price came close to it). also, i put ...

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

play as you want, but i don't see any sign to go short... maybe some scalp. next h4 resistance is located at 203.50 area, which i think is the next stop. but let's see. oh, and US news are coming in 15 minutes.

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

alright, makes sense to me. i thought you were referring only to g-j. my mistake.

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

so what's the difference between a point and a pip? and when did you start counting?

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

really, 500 pips? why is that, any particular fundamental reason? do you know of any day when g-j went up 500 pips during asian session?

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

i don't remember where i read that, but i was sure it was something like "the worst might not be over". or i am dreaming. p.s. i found it, i WAS dreaming. the worst might be over they say. oh well. so... what worst are we talking about?

Cesarnc's market talk, gossips, rumours & fun

true. i share the same view. more downside for g-u, 1.7 area this year. but i wouldn't get so low on g-j, yet; let's see what happens at G7 meeting. and i certainly wouldn't bet against another wave up... it might happen but it will take years.

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

oh, that... yes, of course you're right. i didn't get what you meant. well, i couldn't possibly catch all the swings on 15 minutes.

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

IF only! but it's more like between 6-700 pips a week, high to low. and this week we had a pathetic range of just 490

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

no indi. i put them on the chart to show where i picked support/resistance candles and why i drew the lines there.

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

i sure did. my stop was however at 198.10, so i exited right at the bottom. i'm looking at 198.60 to reload. here's the chart:

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

we think the same way

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

i don't believe in HS anymore. just plain trendlines and support/resistance levels on multiple timeframes. the whole point of this movement is to divert us from the real trend. the next drop will come at the point when nobody will expect it anymore. ...

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

nope... no break. i don't see a daily close above previous resistance (on this chart i don't even see an h4 close above the daily resistance, but i bet other brokers have it so i'm not counting it). that was just a test, not a break. by the way, it ...

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

bring it on.

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

i have a feeling that g-j is gonna break this time. it's just that i find it hard to believe . three days in a row, testing same area... it's either gonna drop like a rock, or shoot up. 194.50 area, or 204 area.

Drawing correct resistance and support-lines

omg i got dizzy man use some punctuation is that how you usually do it cause i gotta tell you it it's not easy to follow . so then what happened?

Cesarnc's market talk, gossips, rumours & fun

my actual view on cable. the blue trendline has been broken yesterday (i posted a chart). however, at that time i did not expected that because the oscillators were strongly OB so first i took a short at 1.9985 yesterday... which was not a good ...

Cable Update (GBPUSD)