Broke weekly SMA, will soon be up at 241, and I'm actually serious.

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

Euro may sell off in a big way, people can't afford the euros these days, its so bad that they are going out and buying dollars

EURUSD

chart image

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

Could it be? Also notice how big candle was after it move through moving average last time. image

EURUSD

1.5547 is 50% retracement from 1.5810-1.5280 past that, all downhill

EURUSD

1.5150 maybe, Oh, I dont know

EURUSD

Looking good.

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

Yes sir.

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

OPEC governor says oil supply still exceeding demand, and no explanation why oil prices are so high. I know why! It's those technical trend traders!

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

Its changed its mind maybe.

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

Well I was really sort of kidding, I'm just trying to go with the trend.

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

I can only hope for bad economic data for Switzerland and Germany at a time like this.

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

Well.. Me too. Im short eur/usd, and long usd/chf

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

Could this be a pre-mature sign /jpy crosses are alive again? Didn't respect weekly SMA. image

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

The /chf and /jpy crosses have been up and up all week. The /usd crosses have been down all week. Could it be a continuation of this tonight, and a reverse tomorrow? My bets are on, that it will be. But I'm confused and lost none the less.

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

Thanks. If it hits the daily pivot point, (if coming from above), it may respect it a little, by retracing a few pips, but it won't really change the direction. Unless it's a monthly pivot point. Is this on right path?

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

How much below /above do you see it as relevant?

Cable Update (GBPUSD)

Hi. Was wondering, it's at its pivot point right now at 9780, does that matter? Also, does anyone know how to use pivot points? Or the theory behind them.

Cable Update (GBPUSD)

Trippy. AUD/USD , USD/CHF, EUR/GBP, USD/CAD are all at round numbers. .9600, 104.00, .79.00, .99.00

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

The daily pivot point I think is 206.76. What does that mean? Does anyone have or use pivot points as a way to trade? Or can someone please explain to me how to use them.

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