BID or ASK price setting — Hi guys, I switched my main charts w/ QQE and Momentum indicators to the ask price. I was mainly using bid before I saw that Auslanco has his on ask. Does this affect the indicators enough to care about this at all ...

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

A strong stock market tends to block the sight of the real problems. Greenspan has done it before Big Ben.

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

The vote encompassed approval of the text below for inclusion in the statement to be released at 2:15 p.m.: "Although the downside risks to growth have increased somewhat, the Committee's predominant policy concern remains the risk that inflation ...

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

"The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long-run objectives, the Committee in the immediate future seeks conditions in ...

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

Guys, don't forget the FOMC meeting minutes at 2pm EDT. This will probably end up range-bound soon until then.

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

markam - for your breakfast tomorrow!

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

Thank you. I have no experience with these instruments so far, will also have a look at call options. The conservative unleveraged approach would probably be to open a Yen-denominated savings account at a Japanese bank and by doing so going the ...

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

Long Yen — Hi guys, what's the best opportunity in your opinion to be long the Yen medium to longterm without having to pay a lot of interest like in the FX spot market?

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

Umm, this whole subprime mess right now is IMO mostly the greedy banks' fault. Plus ignorant people's who do not read and understand the contracts they sign. Considering past experiences with high inflation I'd say that a small recession is a lower ...

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

Hey IYI, auslanco uses VT just for charting/indicator purposes, not for order entries.

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

Spread — Hey guys, is everyone's spread still extremely high? Oanda normally has a spread in the 4 - 4.5 pip range during London. It's been at 10(!) for the last 12 hrs at least. Kinda scary.

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

Haha Richard, yeah, you know, I live in Brazil and here I get paid 12% interest on deposits. But I would not recommend to anyone to convert their funds to Reais. First of all the Real already had a very nice run against the USD this year (best ...

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

Depends on which account currency and bank you decide. HSBC Australia for example pays 6.5% interest on your balance in AUD checking accounts (that's how you Americans call it, right? I never wrote a single check in my whole life, lol).

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

Hi Richard, I'm not talking about a specific currency pair, I'm talking about the ongoing downtrend in the USD index. That index is a geometric weighted average of a collection of foreign currencies relative to the dollar, namely Euro (EUR), ...

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

Wealth storage — Just a quick tip for newbies: Since most of you probably have your trading account in USD I would suggest that once you made good profits you withdraw all funds that you do not need for your positions and store it outside of ...

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

End of the U.S. consumer boom? — Hey guys, please tell me if posts like this are appreciated here. Since we're now looking at the Dow all the time I do think that the state of the US economy is important for our favorite currency pair. --- ...

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

All things? Hardly, if you are trading Auslanco's indicators. 4hr QQE trying to cross bullish, 1hr crossed bullish and went over the 50. If you are talking short-term overbought that may well be the case.

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

76,4% 1H fib at 241,79 - hit it to the pip. Note also that the R1 daily pivot is at 241,84. Two good reasons for a nice resistance.

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

It's the 50% fib of the 237,61 - 243,09 range.

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

50% Fib on 1H

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