Yep...agreed...but I don't see that happening until the london session's opening so it's really when G/U starts going up

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

Hmmmm G/U dropped after touching the 23.6% retracement mark at 2.0090

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

I'm targeting 232.10

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

looks like G/J is coming closer to my 232.10 target.... excellent.....

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

but the probability of that happening is slim to none right now since it hasn't even reached any of those levels yet. I would start to worry if it breaks the 3rd R

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

Well so far so good I'm +34 on one G/J and +36 on my other G/J pos. and +23 G/U I see a lot more coming up so I moved my S/L in the profit areas

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

I think so too and if it breaks the pivot then I expect 232.10 and no further but only IF it breaks pivot

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

Well I went long for multiple reasons.... 1) Japan is on holiday and most of the time the countries on holiday get a beating 2) GBP/USD is way oversold and has started retracing which I see going to 2.0117 at the least (I also went long on G/U) 4) ...

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

lol so much for the strong resistance....it'll go up for now and fall later on...don't forget...Japan is on holiday so it'll be weak

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

lol mine shows a 50pip gap for some reason but nevertheless it's long either way

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

Yep...its gotta close the gap and from there it goes south

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

well until 234-235 levels are broken I'm still 100% short right now....but in the long term it could go up (I'd say after october)

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

well either way ucad is goin to 1!!!!!!!!!!!!!!

USDCAD trend reversal?

Well here is my reason for going short... The retracement from that last fall is complete (61.8% -this level is also resistance- has been reached and no further) So now I'm aiming for the bottom of that Bollinger Band image G/J may go up again, ...

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

231.60 then 229 here we come.... and cable isn't boring...it did have some big movements too

Cable Update (GBPUSD)

lol wow what a spike

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

I did the same... I think this pair is headed to 220 next week

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

wow .....within 2 hrs of opening today and already it's -2.00 for G/J YYYYIIPPPPEEEE!!!! Come on 230!

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

yep I went short too

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

yep...which is why i'm avoiding going long for now

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