H. Clinton won 3 primaries last night. Market Sentiment is more comfortable with her back in the picture, because Obama is an unknown.

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

bernanke is speaking and cad cut rates

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

What indicators? I dont see no damn indicators on my charts.

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

She is approaching some fib extensions and some previous swing lows. She might need need to reload a bit to break strong support, right?

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

you mean a cup and handle formation like these?

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

how about this hourly chart head and shoulder?

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

Anyone notice this head and shoulder formation trying to form on the 4 hour chart?

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

Below 212, i am selling into rallies for now.

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

Weekly Geppy shows a rejection of the red 200 sma and the weekly 5 sma high. A test of the 5 sma low is possbile now if support breaks. My 1st downside target is the 5 sma area around 210.30/60. A break targets my 250 sma at 209.05. then 5 sma low ...

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

What we don't know is How many attempts will it take to break support with confirmation.

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

I think the bulls and bears will be swapping positions a couple of times in the near term.

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

I hope somebody makes an avatar from that pic. hehehehhehe That is one ultra-bearish pic!

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

That's a funny pic!

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

Who do you think has been selling the USD across the board? A lot of Japanese investors, is my guess. Yen repatriation will weaken the USD until Easter time, at least. But it presents a nice buying opportunity for a cheap Dollar. It is going to get ...

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

Does this mean that some Japanese who are long carry trades may be selling some and buying yen? To me, this sounds like it may get choppy both ways for a while. Time for dip buying and rally selling short term soon.

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

Did anyone notice that the market ignored Triple Interest Wednesday? Bears have conviction to the price action. Don't forget that March is Yen Repatriation for about 3 weeks. That means that Japanese Investors must swap their currencies back to the ...

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

Some of us who have taken long positions this past week fully understand that Geppy will drop hard sooner or later. We just think that she will go up a bit to a level where it will get sold hard enough for the push needed to break strong support.

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

Yeah, exactly. I have long term positions open to 214 long, and targeting 207/208 for my shorts. I use small lot sizes when range trading a channel or a triangle. With stops on the other side of s/r in case of a breakout. And limit orders waiting ...

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

You will get there.... If you have faith in your charts, and discipline to stick to your plan, you will get your dreams. My goal is to use Forex to fund a missionary project in a third world country, teaching modern farming and fishing techniques to ...

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

Yeah, just wait for rejection of that support, then buy it. Same with res, wait for the rejection, then sell.

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