good point — great point.... the dreaded interest and profit taking.....

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

s1 not reached — s1 on 4 hour 227.47 not reached or broken through with any momentum in last 4 hours maybe we range back up a bit now anybody out there have any thoughts?

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

check ur messages — hi mike good day mate... i pm'd u if u dont mind with couple questions

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

i thought same thing — i thought same thing before the open but i was taught to trade what i see not what i think just a thought

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

speeech — reminder: dont forget to check calendar all we have kroszner speech at 1:40 pm maybe that will give us some momentum but i doubt it

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

levels — how do/did you determine your ranging levels .. i am trying to learn from others as always... by the way i am not trading today...but still want to learn.... what do those levels represent? thank u in advance

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

i see your point — thank you as always for your help/input... still very slow today guess well wait and see... i still think ranging the theme of the day...just not sure of the range yet.... but you never know

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

maybe — hey uncle do u think maybe we are just drifting back toward the daily pivot point of 227.16 and maybe going to range is the daily pivot levels?

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

bold — that is very bold... i think the price and charts will determine rather than crystal balls who knows take what the forex gods give us

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

mixed for now — could be but why risk it? dow up 121 early so far and gj still not popping up = supporting my theory of low volume end of month ranging today.... just my humble opinion..... if we break out past r1 or below s1 then i may trade ...

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

end of month choppyness — if you are bold enough to trade today i think u may see the following range from 4 hour s1 to pivot to r1 which are as follows 228.21to 228.76to 229.52 and frequently returning to 228.76 4 hour pivot point I say this ...

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

THANK U — THANK YOU SO MUCH KARM YOU RULE HAVE A WONDERFUL WEEKEND

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

by the way — GOOD MORNING ALL LOOKS LIKE AUS WAS RIGHT AGAIN WE ARE AT 229.10 AUS WAS CORRECT ALMOST TO THE PIP ....AMAZING

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

resistance — IF you would like I will pm u about resistance iand how u can easily determine it...iff u like its easy to get the expected R1 R2 R3 resistance levels there are even website that I will not post here that can guide u with that as ...

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

fib eh — seems like a stall more than resistance right now we havent gotten to that fib level...yet... but i guess fib could serve as resistance what do you all traders think of this? i thank u all in advance

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

pivot — think we are already past daily pivot look at r1 now 228.10 and 228.58 for points of resistance this is next hurdle anyone else agree?

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

thank u — thank u

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

228 — 228 could be a tough one ....thats what i was thinking.... lets wait and see

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

my 15 min confirmed — yes i think so at least my 15 min was confirmed but i using slightly different indicators so...dont know.... but think it pushes up up up to 229 from what i see IMHO

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

fair enough — ok pipmaster thank you for your posts and insight as always.... i hope you are wrong this time tho and the thing goes to the moon for us longs without us having to swweat out any retracing.... lol go bulls! woohoo!

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