.... — I agree. I like to get in on the action either way. A move to the 150's that just falls short of a significant high would still fit into everything. Nevertheless, that which I mention is true. One exception is about Jan. 8 of last year ...

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

Range — If you look at the average true range over a period of one year on the DAILY you will notice that the price action is extremely complacent - even with the holiday factored in. This means the obvious, of course, a big move is likely ...

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

Check — Check message for the forecast: #210940 NM

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

Check it out. — Oops, meant butterfly - I believe Naatha was forecasting a major fall. NM

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

Perspective — Just to put into perspective: The downturn has sliced through all Daily SMAs: 5, 10, 100, 50, 20, and now 30 (at 146.28) and volume is heavier than the holiday. Naatha, were you correct with the bearish gartley? NM

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

Hmmm — I generally agree that yesterday was suspicious. GU was weak even though equities were way up. I am wondering if there will be a bit of a short squeeze in Geppy (to 148?) etc. going into nonfarm payrolls for Friday. Then a more push ...

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

LOL — All of your efforts are greatly appreciated. NM

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

Declaration — I now declare all global financial problems over. NM

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

I sort of agree - she's stuck a bit right now. Big trendline holding it back; thus, I would expect a bull trap if she pops out. However, this is too rational! When it comes down to it, it would seem that a big retrace of USDJPY and a final thump of ...

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

Well, one thing that is obvious is that the GB pound is taking a pounding. The yen is not really weakening very much as evidenced by the USDJPY and, presumably, is on pace with USD. USDJPY COULD really move quickly up to 93.00 very soon. There is ...

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

Movement — Well, geppy is ready to fall off a cliff. USD is strengthening while USDJPY is not moving, which likely points to strength in the yen. NM

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

Intriguing Observation — USDJPY A very nice five wave move from 84 to current price of 92, with the 5th wave being a 5-wave extension. NM

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

Channel — Does anyone have an interpretation on what the current down channel is all about? From 146.80 starting on Dec. 21 to now at 145.70 ish. Granted, it is the holiday season; thus, it is tight. However, it is also orderly and would seem ...

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

GU Gap? — From what I can tell, there is a gap on GU starting around 1.6184. In contrast to equities, these gaps seems to get filled. NM

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

Two Observations — 1) Sure GPY has dropped under 146.30 - however, I would not hold my breath. Still, it does look promising for a significant drop. 2) This really did not take a LOT of patience. We are just spoiled with the two monster moves ...

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

50 SMA — I completely agree. When I mention a bounce, I just mean that the price will increase without the idea of going long. The fact that we broke to the downside from a such a tight range over such a long period of time suggests to me, at ...

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

50 SMA — 50 Daily SMA is at 147.03. Should get a bounce if it reaches. NM

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

Sentiment — I agree with the bullish sentiment. A 300-400 drop in the Dow would likely push things down a bit. I think we need fear to return for the flight from risk trade. A double top in Cable is a possibility. NM

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

100 and 200 SMA DAILY — It is probably worth mentioning that the 100 day SMA has crossed down through the 200 day SMA. A strong bearish signal? Last time this happened was Oct. 2008. The 30 day SMA is also providing support on the downside. I ...

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

Upcoming — Get the feeling that there is going to be an upgrade/downgrade SOMETHING. USD, Yen.... ? Our last move up was the result of an upgrade of the Pound by GS. NM

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