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- FXObserver replied Oct 1, 2008
I think it's already priced. Since 4hr QQE is almost ready to cross the bearish line as well as the 1hr, i'll be patiently waiting for the signal and go short from there and target the 184.47 low.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 30, 2008
This pair needs at least some time to breath after yesterdays drop. If it holds below 189.9, the downtrend may continue but it's possible for this to push till 190.9. (50% Fib retracement) My outlook is still bearish.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 30, 2008
It still looks like a bearish flag to me so i'll hold on to my short position.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
Me, i think 180 is a good target aside from the fact that it is a psych lvl. IMO, it may go lower than that with the speculation that the BoE will cut rate soon and if that happened, i will not be surprise to see 170. Another thing to consider is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
How low do you think this pair will go? Im still short and my target is the 100 % Fib exp @ 178.14. All i see in my chart now is bearish momentum. What do you think guys?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
Nice! Mine +46 pips by selling the rally. Waiting for another rally before selling again

Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
Wachovia following the list of other banks? If this is the case, i expect more banks to follow.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
With this movement, highway to hell is possible
But i will still be selling the rally. Already made 135 pips by doing that and still counting
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 29, 2008
Selling the rally works so far for me for today

Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Thanks! Now i know where to look

Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
I think the real price now is 195.18-195.25 range

Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Weird price diff so let's just wait for the market to open and see the real score.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Not really sure which one is accurate but as long as im getting some pips, it doesn't matter

Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Hmmm, i think it's still the price last week. Try to look at this: url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Thanks, im thinking the 180 psych lvl but this must retrace first or prolly fill the gap before going down again.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
EUR/JPY @ 150.65 (more than 400 pips down) CHF/JPY @ 94.767 (more than 200 pips down)
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
I also noticed that but most yen crosses are down which means yen getting strong.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- FXObserver replied Sep 28, 2008
Yup, i know but i hope i can still get some profit. Btw, how far you think this pair will go south? This is a very big gap indeed.
Auslanco - GBP/JPY and GBP/USD (newstrade)