Er.... Looks like i was wrong. Stopped out. B

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

I just want to note that I'm not necessarily convinced we have intervention. My opinion on UJ is based more on the state of their economy. B

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

This is my humble opinion but I presume Japan will intervene with the Yen. One of the biggest reason they are having problems is that the yen is so strong against the USD. This has caused profits on exports to the US to falter. Even technically, we ...

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

Are you able to see my screen? Small position and will add more with some retracement. B

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

I agree and have traded as such for a long time. But what happens when the "Safe Haven" is no longer safe? We'll see how this plays out. Wish me luck. B

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

SL hit and am long. Will add on retrace. Trade at your own risk. B

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

I actually love these setups. I'm short a large lot at 92.35 with a SL/Long at 92.5. Fundimentally, I think U/J is heading to the moon. Did you see the latest for Japan? Japan's gross domestic product, or the total value of the nation's goods and ...

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

What's UJ going to do? Top out or blast through? I'm hedging both ways. G/L all B

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

I'm starting to favor longs if UJ breaks out as I believe it will. Keep in mindhowever that markets in US areclosed and we have low Asia volume at the moment. B

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

Notice how UJ closed the gap quickly and GU hasnt. I see this as as another indication of UJ shooting up. Time will tell. B

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

I'm watching Usd/Yen closely. I break of the 1H top will take me long in UJ. On a side note...that gap down made my week! Closed 75% of my shorts on Geppy and took profit. B

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

I'm glad you posted this as this is a concern of mine. If we put technicals aside, I see G/U to continue south. However, with Japan in the situation they are in, I believe it's only a matter of time before govt intervention. Not to mention the fact ...

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

Just MHO, Since US markets are closed Mon, things may not be clear until Tues/Wed B

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

Same plan. Although I may give it more than 10 pips. To all: The markets in the US are closed on Monday including banks

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

Ouch...that hurt. I didnt see that! That's what's nice about the forums. Hmm...I may be closing positions at Sun open. B

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

I'm still in love with my shorts and left 2 open over the weekend. Based on what I see, we have a possible double top on UJ. I also see 50%+ retrace on GU. My SL is basically if UJ breaks out. Have a good weekend all.

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

Karmo, Keep in mind that all the money cannot replace good health. Hope you're feeling better. B

Karmo's trading strategy trading GBP/JPY

Looks like we have a target

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

Let the party begin...???? B

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

Couple of thoughts and my opinions. I never thought much of the 38% fib level. I do have a sell set for it on the retrace, but I find that Geppy loves 50% much more. The only reason we have no movement is because Asia is closed. Volume is nill. We ...

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