I enjoyed reading your reasons and while I think you have many valid points, there is no guarantee that the Boj will intervene. I once thought and said the same with gbp/jpy @145 and got badly bit when it went down much more then I thought possible ...

EUR/JPY Anytime!

GBPJPY decisions for late June 2010 — Decisions decisions....mmmm. So, it still hasn't reached my low price of 139 yet. I've spent a bit more time reevaluating the future PA. As you can see I have 2 trendines. Both seem valid to me. The gray ...

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

Mid month analysis GBPJPY daily June — OK, it's been 2 weeks since I started a longer term trade. Here's my analysis from mid June. It's still a bull run to 142 ish. However, on my other account which has different indicators, I get a low to ...

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

Be very careful today — We all know its NFP day and that's bad enough....sometimes with all the circus coming to town But here's a traders warning that might have a knock on effect from dow jones news,,, 1128 GMT [Dow Jones] EUR/CHF ...

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

This is reason - well some of it. — 1107 GMT [Dow Jones] The collapse in EUR/CHF to a new all time low of 1.3880 has triggered a selloff in the euro across the board. EUR/USD is down at 1.2130 for a one cent loss on the day, EUR/GBP breaks ...

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

My medium/longer analysis for GBPJPY — As I'm now trading this pair on a medium/longer term I only occasionally pop into the forum....still bickering amongst yourselves I see OK, I hope you can understand my chart. My thinking is this ...

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

Excellent reply, Geppy. To me the poster looks like he panicked as the price went up on his short. He decided to hedge against the loss he was taken (Am I correct?). Hedges are usually done at a very similar price IMO. Hedges like the 120 pips apart ...

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

Depends on how much your usable margin is. I can see both prices being reached within the next 24 hours for a break even. Where else it goes is anyone's guess at the moment.

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

GBPJPY daily analysis 26 May 2010 — OK, I'm now sick of the choppy ranging during the past week. So, I'm now trading this medium/longish term. From my charts it looks bullish with a real start from 31st May 2010. I'm looking for 140 ish price. ...

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

EA 700+ pips Ouch! — I used to trade EA on a long term short. That would have almost wiped me out as I didn't use SL as it was so predictable and I could adsorb 300 pip jumps, but that is monstrous. This is getting too volatile, somethings ...

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

MACD divergences — Yeah I was right. If interested you can check this webpage for more info. http://forex-indicators.net/macd

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

1. Downtrend regular divergence - price is expected to go up 2. Downtrend hidden divergence - price is expected to go down 3. uptrend regular divergence - price is expected to go down 4. uptrend hidden divergence - price is expected to go up LOL - I ...

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

It's bull in nature when that happens. There's 4 types of divergence which seems to confuse. 1. Downtrend regular divergence 2. Downtrend hidden divergence 3. uptrend regular divergence 4. uptrend hidden divergence

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

Yah! How did I miss that? — Just checked my charts and there's a (downtrend) regular divergence on the H1 chart. I should have spotted that a few hours ago! Drat!

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

EU from Dow jones — I know this is EU news but think of the implications on other currencies. Mmm...this may be serious or hot air. WASHINGTON (Dow Jones)--The U.S. Federal Reserve Wednesday declined to comment on speculation that the European ...

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

short selling from dow jones — 1828 GMT [Dow Jones] Euro and US stocks are getting hit, while safe-haven Treasurys are well bid by the news report Germany will issue new restrictions on some types of bearish bets on stocks and bonds. Brian ...

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

I get the H1 close at 134.295 — I get the H1 close at 134.295 - mmmm, looks like the market is a bit uncertain as well as me.

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

What boring PA! — What a boring PA in the last few hours. I'm away for 3 hours this afternoon (UK time) and haven't a clue what to do with my trades LOL. Volume has dropped somewhat and it's crawling along sloooowwwllllyyyy. Somethings ...

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

Tis it x or y? That is the question. — As a certain William Tradespeare once wrote, "tis it X or Y, that is the question?" Ok, here's a chart. It shows 2 previous drops matching each other fairly closely. I believe this drop is similar. ...

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

That's why it's called the beast! — That's why it's called the beast! Probably let you get loads of profit, then when you feel you're on top of the world it'll snap back and you'll lose the whole god-damn lot! Threat this pair with total ...

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