Pull Back very shallow — Scratched the short, will enter long if 163 holds again.

Cable Update (GBPUSD)

Short at 163.42 — Will set SL at BE here in a bit. Since I am short, this probably means you should go long

Cable Update (GBPUSD)

Long from 155.90 — I see a good base forming around 155.50-155.80. The drop today was impulsive and with out any bases. Uptrend is not broken. Closing below 155.50 ( on the hourly) invalidates. Looking for a retest of at least 159.

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

Volume Question — Does anybody have any graphs showing volume between 155.50-156?

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

Holly Cow!!!!! — I had just placed a short from 158.40 and was talking on the phone. I turn my head to the Monitor and there was no open position. Made a quick 200 pips- only got lucky. I am guessing a lot of people got wiped up. Yet another ...

Cable Update (GBPUSD)

Nice rejection at 165! Bodes well for Shorts.

Cable Update (GBPUSD)

S — 165.60 will suffice I think. Lets see.

Cable Update (GBPUSD)

Pound Is overextended, Bearish short term — Daily RSI is at 83- been here only 5 times in the last 7 years. It has run 2100 pips without any pull back. I am short at 164.50. SL above 165. Target 161

Cable Update (GBPUSD)

Happy to see it going in the "right" direction.

EURUSD

Thanks man. As long as we are below 1.3730 I feel comfortable. I made up most of the loss by having gone short on EUR/GBP at a nice entry point of .9371.. Stop is a must, and i have it at 1.3740. I feel comfortable it's beyond reach for now, but you ...

EURUSD

He may be a lot of things, but a moron is not one of them. Give the guy his dues

EURUSD

I am kind of in the same boat. I am underwater for the day for having gone short last night at 1.3486. I am hesitating to take the loss though because the swing higher failed to make a higher daily high. Anything is possible, but the 1H chart is ...

EURUSD

wrong decimal.

EURUSD

So it's more like you Hope it will go north? Right. That's what it sounds like. Another hour another failure at 134.90. Nice. I am heading to bed and leaving my short open. Will set a long at 136 in case something shifty happens over night.

EURUSD

Do you have long trades right now?

EURUSD

Are you long because u r invested in it or........?

EURUSD

What are you seeing that leads you to believe that? I am just curious because I see a brick wall at 137 and this thing always finds path of least resistance. Anything is possible, but odds are for a move down in my humble opinion.

EURUSD

Yeah the target is a longshot but not if you give it time!

EURUSD

Bearish on Euro for now — After 4 failures around, 137, this thing looks poised to head south. These failures look pretty bad for Bulls. That coupled with the fact that we have been making lower daily lows has lead me to get on the South train ...

EURUSD

Out — Closed my long at 143.43 for 230 pips. Looks like its stalling for the time being. Need to hit the bed and I rather close it than leave to EUR to retrace it back. It's possible it will go higher, but not likely. Night everyone.

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