definitely. i'm sure your order is large enough to stop it in case it wants to go deeper.

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

i use "shapes".

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

got it. you're a dudette .

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

if you mean this one, mt. i draw my levels manually, based on major sessions closing levels.

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

bullish p.a. for the week, last important support stands @ 131.08. if we are to reverse this week, break of this level would be the confirmation. short term, we should know more after london close. a test of 132.65 might be possible by ny close, but ...

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

look at aussie, another breakout to the downside. anyway, i don't think the orders were that big as market is supposed to be thin until tokyo starts in a couple of hours.

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

today's high @ 132.92 should be enough for stop... if we go above, support testing is delayed and most chances are for another test of resistance - this time @ 133.20. let's see how london will close.

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

and we are going down... last tokyo close @ 132.56 just turned into resistance. p.s. london open @ 132.16 was broken as i wrote... next support is last weekly close @ 131.63.

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

in this order - macd, stochastic, cci. rsi doesn't work very well with divergences, although it's not very bad. you will need to figure out the setting (for instance, macd 8,17,9; or stochastic 9,4,5... or cci 14) depending on your trading style and ...

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

spike to 132.50, then down to 130.44 for a lower low on daily... we should be going down after another test of resistance... so, maybe 132.70 area again (or lower) and then down for new lows.

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

no, i know. i wasn't picking on any of you guys. just couldn't help but noticing that as it's been bothering me for quite some time... i just happen to find that acronym very stupid.

Cesarnc's market talk, gossips, rumours & fun

off-topic... i find this 'piigs' acronym quite offensive. nobody seem to care, maybe nobody noticed or maybe it seems funny but trust me it isn't. i don't know who came up with this idea (probably some "smart" american analyst because apparently it ...

Cesarnc's market talk, gossips, rumours & fun

yes, very disturbing indeed. i wonder how this will end... eventually, it will end one way or another.

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

break confirmed... now what, nobody interested in selling it?

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

no time for shorts yet .

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

quite a rally . got my stops triggered last night and reversed @ 130.70. now for who's wondering when this rally is going to end... or if it already ended... here's a chart. short term - stops below last test of london close @ 131.82; for ...

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

yes. when you open ff home page, look to the left and right below today's date you will find the names of major sessions - click on the active names.

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

long term charts are still bearish. on weekly, for instance, there is no higher high yet - last week high = 134.79. i don't know what's with the sudden bullish bias... yes we went above 130.03 which was last weekly close but that's almost nothing. ...

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

the chart was bearish. it is still bearish, but now medium term turned bullish. and for your information, we might not get to 137. the coin has always two sides. keep this in mind.

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

today's configuration looked different. it was supposed to go down after london closed, and it went, but it looked like ny put a bottom in place and tokyo pushed it above last resistance. here's a chart... red area is the "battle field" between ...

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