I'd say that retracement is about to start.

EURUSD

Am I insane for thinking this is what will happen? I really don't think it will go any more up before a decent retracement since it went up 1000 pips within 19 days. image

EURUSD

Well theres still 2 gaps to the upside, meaning they will close, eventually lol. Might go down 1000 pips before closing em though.

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

I still believe both the GJ and the GU gaps are going to be filled, meaning GJ up to 209 and GU up to 1.98

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

Why is no one considering long at all? there is still a gap at 209 which must be filled eventually, doesnt that make longs safer than shorts?

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

Cant you see the gaps? Gaps must allways be filled, actually Ive been waitting for GU to go back to 2.09 since February but it got stuck into a bullish wedge that only a couple of days ago finally broke.

Cable Update (GBPUSD)

Based on this chart I firmly believe we are heading towards 2.09, probably in the next month or so.

Cable Update (GBPUSD)

The new daily momentum is super bearish on GU,UJ,GJ daily, and 1c is pointing down more than 45º. According to aus' website it's a guaranteed bearish day. "Daily, When the 1c momentum is pointing up(45 degrees or less at the start of the daily bar ) ...

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

I just uploaded my chart and I can see it.

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

I noticed we are at a important weekly/daily support, could have a nice retracement form here.

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

It seems the much awaited GU drop is finally starting, 2.09 seems possible to me if we get a close below 1h 50ema.

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

I believe we wont see 240 or even 239 any time soon imo, based on the fact that GU is crazy overbought and its at the top of its channel. Personally, I'm expecting GU to go down to 2.04 in the next 2 weeks or so. So if a fall like that happens on ...

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

Dow close yesturday was -360 (13300), today dow premarket on cnnmoney shows -281 (13396) so its up +80 or +90.

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

This could be the top for GU.

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

My new 4h mom (5mins ago) is bearish on all moms, on GU,UJ,GJ.

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

hum on FF it says it was a 50bp cut, on dailyfx it says 25bp.. interesting lol

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

GJ just touched the D1 100sma which was the previous high, news could easily break that though... and I don't know if anyone else uses this but it seems to work pretty nicely, this chart has the opens and closes of every us session, and the gaps ...

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

Ok I've seen this a few times, why set up stop loss at be+1 instead of just be? Any special reason other than it's better to have a winning trade than a non-winning trade?

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

Definitely, just not today (imo).

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

Wow lol that's a pretty smart scam lol

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