Looks to me already the perfect set-up. . . Just keep selling the top and 135.80 is yr target next couple days if not sooner and lower 134.30/132.50. . . Happy pipn everyone these moves remind me of the old GJ days. . . 300-500 pip moves in a ...

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

Same way I see it but don't think we will get even near 143. . . this rally will be sold heavy. . .

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

GJ's is in another range between 141 and 135.70 and we are at the top of that range currently! Only a daily close above 140.90 will see higher price otherwise the safe play is to sell the rallies on a close below 4hr 200 ema. . .

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

This move wasn't an error it was intentional all the feed saying computer error is loads of BS at best. . . They sold the top and wiped out anyone who held long at the previous bottom. They could have easily intervened sooner if they wanted to. . . ...

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

Well - we still have 2 full days of trading and a lot of excitement ahead of us. Anything can happen between now and Friday. .. Let's take another look after today's close and when Asia returns to the market. . . Keep in mind with all this movement ...

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

Very possible. . . But I would say lets take out support at 139.40 for starters. . . then see what we do when we get to 133. . .

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

A daily close below 141.57 sees 139.90/139.40. . . on a bounce!

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

Bro we can go all the way to 136 and still be in a nice uptrend. . . My target has been 136 months ago bro and my view hasn't changed. . . but watch what happens when we get down there. . . Bulls will defend thier position at 131. . . Now if you ...

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

UK Elections Summary Outlook: Thursday sees Britons vote in national elections and polls continue to point to a hung parliament (no party has an outright majority) as the most likely result. Polls close at 10 p.m. local UK time (1700EDT/2100GMT), so ...

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

Weekly range = 141.25 - 143.61 - 145.65

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

Agreed - only the privy knows all else is a crap shoot at best. . . Just have to hope when it happens you're on the right side of the trade if one is brave enough to take the challenge. . . Friday we will all see as stated. . .

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

The markets perception might be priced in by Friday so the reaction could be muted like in most cases. . . It's the whoopola/anticipation leading up to the news and announcements is where the action is. . . "Big Boys" already have a general idea ...

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

Yep but the 4hr chart is very bearish so it's just a matter of time before we see it drop further. . . Looks like it might be creating a nice flag on the 1hr chart for a continuation for a move lower. . .

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

Yup and it will soon come to a head but the "big question" is when???? Look how long G.W. Bush BS the market before it crashed? 8 long years - go figure. . .

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

Don't think we will see 500 pips in one pop - However I do think we will see positioning leading up to the day of the event in 100-200 pip increments one way or the other and then maybe a 100-150 pip move on the news with tug-a-war either side. . .

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

I have one word for you - Politics. . . As we've been saying the same thing since the fall to 118 when the market was in an even worst condition than now - meaning on the verge of a collasp but yet the market was bought repeatedly up to 163 granted ...

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

And yet another monkey wrench thrown into the mix. . . I agree with your statement wholeheartedly and things will get messy leading up to the actual events. . . But until then all we have is the charts to go by and major supp and res as a ...

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

Here is what I'm looking at on a micro level as an initial set-up. . . Let's see how it plays. . .

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

Beljevina - very nice statement indeed. . . Here is my take and I know someone asked for senior members to comment from a news/eco whoopola stand point so here it goes. . . IMO what we are/could be seeing is the same move as last week. . . for a ...

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

Fullhouse - look at that picture again. . . The 200 ema sits right at daily S2 @ 142.25 which should see a bounce there if it lacks momentum. . . As long as we get a daily close below 143.16/25 then 142.25 is the target. . . A close above that will ...

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