Careful! — Just be careful guys, I am starting to see some price manipulation around the 139.00 area by some big names. Tick quotes are coming out at 139.01 then 139.30 then 139.02, etc... Attached pic should better explain it.

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

Her name wasn't Miss Geppy by any chance.

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

Hi, My names Brett and I am a Forexaholic. Back in 1997, when I was a young lad of 22, I thought I could out smart the professionals and tried to pick the bottom of the market during the Asian Financial Crisis. I blew 15k, which was an ...

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

FYI — 0357 GMT (Dow Jones) Nikkei down 4.8% at 7991.28 and may spend most of afternoon session in narrow range around 8000, with resistance around 8200 and support at intraday (morning) low of 7919.32, says Yukio Takahashi, market analyst at ...

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

I am on Market Street.

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

Sydney? Where abouts? Me too, Sydney CBD.

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

It's Alive. Someone must have given it CPR.

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

Probably better to wait for the breakout of 146.56, and catch 6 pips after you pay 15 for the spread, should rocket up to 146.72 IMHO.

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

I like wedges with sour cream.

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

I might buy one and park it next to my time machine.

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

"Price" not "Pure", enlarge the chart. As you said it was a test, ie. manipulation. Have a look at the spread analysis combined with the low volume.

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

My Analysis for what its worth. — I see good Support confluence at 145.50 with the 61.8 fibo of the push to 148.50 and a failed retest of the 4 Hr Trend line. I will be buying dips unless this price breaks.

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

GO AWAY, stop filling my screen with your dribble.

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

From a pure physics point of view, for the Sun to rise in the west, the Earth would need to spin in the opposite direction. Meaning, during the transition phase (slowing of the rotation), half of the earth would be in darkness for a length of time ...

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

Beware the breakout on low volume.

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

If it does it's usual 38.2 - 50 retrace of the US session, then I see the levels being 144.95 to 145.45. The 2 15min candles starting in an hours time will tell us what they have in mind.

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

Correct.

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

I probably generalised it a bit. Manipulation does not mean a change in overall direction, usually (not always) it is big money trying to get better prices before continuation. In thin volume the big boys can't get their money into the market, ...

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

Full Reuters Kobra feed.

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

Usually that is the case. On the other side of the coin: Low volumes + big price moves = Manipulation.

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