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

yea i think 1.3570 is impossible. 1.3440 should hold, if the charts have any sort of dignity left.

EURUSD

u can't measure it in pips, u need measure it in percentages the percentage of change of 200 pips in something worth 1.5 is different than 200 pips in something worth 1.0

EURUSD

1 hr close below 1.49 - daily would be better though

Cable Update (GBPUSD)

they may move in opposite directions, if usd/jpy breaks long-term TL. eur/aud and eur/usd moved in opposite direction in 2008 for 6 months.

EURUSD

[quote=kill56;3581041] i would say so

Cable Update (GBPUSD)

10 Mil lot? some day

AUD/USD

h&s image

Cable Update (GBPUSD)

can u hear the banks screaming who wants AUD? who wants AUD? .9050? .8950? someone buy this!

AUD/USD

range means equal highs and equal lows, we dont have equal highs, it's not range.

Cable Update (GBPUSD)

a close below 1.49 will make tomorrow a good day for shorts - would be nice to settle around 1.485 for close though

Cable Update (GBPUSD)

not interested in buying a bearish pair

AUD/USD

this is the 3rd wave down, and the past two waves have had 3 big weekly bearish candles, so (this week and next) should be bearish

EURUSD

me too, i think 4933 (the low of the 22nd) is gonna hold as as resistance

Cable Update (GBPUSD)

that's not exactly anything. eur just took out a low it had for 45 days, and is ready to drop 1,000 pips. keep going against the trend, but you're ego isn't going to feed your account.

EURUSD

looks like .9090 is gonna be a new resistance going forward

AUD/USD

i think u should through away your biases, and simply look at the chart, pretend you're trading goats to me, it looks over bought, with a bottom base of around .8250 and a high of 1.60 image

EURUSD

yea, weekly- im not too concerned with the bullish monthly candles, because even during uptrend from 2006-2008 there were bearish monthly candles scattered throughout image

Weekly COT report Analysis + Trade Ideas

when it was around .65-ish it ranged, in an up channel, but eventually broke up. the bottom of the down channel for a/u now is .84, so if it breaks below, could be in for a nice trend

Weekly COT report Analysis + Trade Ideas

the pound on monthly looks like a second wave down has started from 1.70, which could bring it down to 1.20 or something, but who knows.

Weekly COT report Analysis + Trade Ideas