But Mal, how is that possible as the move up took place in low volume....you said that it can never climb to much in low volume. Thank you

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

Am sure all those moves went up/down on low volume....so nothing to worry about!

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

It seems like cable, followed by eur/usd have gone crazy. Usd/yen however isn't following. So assume geppy up up up up up!

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

Hi Malc, Whats is your take on Cable?. Again it only wants up up up up up every days on every session. Is it ever going to come down? Thanks you.

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

And what happens to pound? It's being bought, business as usual!

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

1 Hour cable showing bearish divergence in RSI?

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

And..as usual, London buying Cable again.. It seems to be the only side they know to play. Am sure it's under low volume. Well 20 pips more and I am to take a painfull loss...

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

And why should it move to the upside? Any reasons for this..or just a thought crossing your mind.....

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

Correct. To me it seems it could go to 16700 in low volume..so what? And if it droppped a few 100 points the "big bid" returns again (see my previous post) It's obvious to me that someone or something does it's utmost to keep the pound up!

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

Yeah as soon as sellers come in. So far, the last 3 hours I didn't spot ONE seller.....

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

Well that makes to of us. The most frustrating is that gbp is imo the most overvalued currency in the world. I do believe the markets realise this as well but I have the impression some big forces are supporting the pound to avoid collapse as that ...

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

I don't think so, although I am short as well, so certainly hope so. We are about to break double top in cable like a piece of cake. Don't know why, but the whole world seem to love pounds. Apparently I read my charts the wrong way. A little more up ...

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

Think the invisibles are Barack O. and Ben B. the latter explaining O. where they get their info from to manipulate the market.

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

Did you know that the fact you are pro or smart money or whtever it's called in forex doesn't mean per definition that you always make money. Also pro's lose and win. They are not a syndicate or so. Usually they are rivals that fight each other and ...

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

Thanks but errr was this mentioned for me?

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

Hmm funny you mention this as I have been thinking about it. Altho I am biased short it's every day the same story: mark up on low volume. I hope we collapse Monday/Tuesday do not get me wrong but for the same we see Monday 16500 on low volume ...

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

Where are you in the Balearics, Islander? Thought you were at Barbados......

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

Hasn't it broken already? I thougt close 998?

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

Can't you just go trolling somewhere else??!!

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

Well, so far the elections are a total non event. Also it is last day of the month and a Bank holiday in London. Perfect excuses for bank traders to do nothing..........Hope it changes but doubt it.......

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