Hope you got in dn there. . . And also on GU. . . Hope you bought EU and sold uchf. . . ucad will be a nice buy shortly. . . and gold and silver a nice sell soon. . .

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

Very simple chart. . .

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

Might be on its way up from here. . .

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

Yea we can go there New World Order, Illuminati, Brotherhood. . . but in the end. . . things happen in cycles and we are in that sideways cycle for now. This time last year no one was talking NWO just enjoying the massive bull run 4K pips. . . ...

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

Doesn't hurt to build a position long just in case. . . Here is what I see. . . Q1 = 1.53, Q2 = 1.60, Q3 = 1.63 and Q4 = 1.63/1.62 or (flat). . . Could it be possible that the turmoil is somewhat priced in? Also, don't they too have to watch for ...

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

Net speculative positioning on the British Pound is quite similar to that of the Euro, with Non-Commercial traders very much net-short the GBP/USD. Similar one-sided extremes in forex options risk reversals suggest that the GBP/USD may consolidate ...

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

1st target 140.50 area. . . Will zip thru 138.23/139.24 straight to 140.50. . . Then 144.50 next target. . . Wait for a pull back 133/134 area. . if it gets dn there. . .

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

Well if you are y'd better catch the dip on GU this week or next because this is the last time u will see 1.48/1.49 area for a while. . . (months. . .)

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

Here is what I expect this week on GU while u are waiting on your crystal ball. . . U see that pin bar on the weekly chart draw a fib from the hi to the low of that candle. . . I expect a 61.8-78.6 retrace of that pin then we will spike up from ...

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

The question one must ask themselves is how long can this dollar strength continue before we see a pullback and when it does which pairs will be gainers? Well. . . both EU and GU are at their extremes and have bounced off their lows thus far. . . I ...

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

hmmmmmmmmmm - very interesting. . . Looking at this weekly chart I see a couple things on this chart worth discussing. . . 1) That big pin bar on the weekly chart that carries significant weight over a daily chart. . . 2) I see 3 clear waves from ...

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

Not sure you're going to get that 1.40 you're looking for. . . Maybe a slight pull back dipping back below 1.49/1.4850 but can't see too much lower than that. . . I would consider buying dips on GU instead of shorts. . . As I see 1.53/1.55 next ...

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

Well I was totally wrong on that one. . . guess the market is anxious to get the move lower done. . . Guess we wait for a good signal to go long soon or maybe not. . .

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

Thursday is BOE rate announcement and Friday NFP. . . They will range it and then spike it up only to sell it later this week. . . Happy pipn my Friend. .. "The obvious isn't always that obvious. . ." "History is always the best teacher. . ." ...

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

If you have the margin I would hold it if you are not heavy - you will be rewarded handsomely if you do. . . Many people who are holding recent shorts heads are going to get chopped when GJ spikes to 141.40 later this week. . . People are saying ...

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

Take a look at stoch on 4hr chart we have bottomed and gone up 100-170 pips off the low and still have about 75% to go before getting into the OB range. Could suggest another 250-400 pips to the upside which would put us ar'd the 139+ mark or ...

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

I agree - price may need to go down some to work off OB condition on the 1hr chart or it could even traded sideways until we are out of OB on 1hr before going up. . .

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

The results were actually mixed. . . but so far 135.90 area has been stellar support for now. . . could change quite easily but let's see where the buyers really are. . .

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

Here is a simple daily chart I'm now working from and will work from it thru next or so. . . Orange lines are major support blue dotted line are resistance areas. . . The fibs speak for themselves. . .

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

Well if you take a look at the 4hr chart. . . there is bullish HD that is heading up with targets pointing straight at 138.25 initially. . . I know many are hoping we head on dn to 130 which eventually I think we will but not in a straight line IMO. ...

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