BEAR — DOW is closing 20% from last years high. Officially a BEAR MARKET. No buying interest at all. -167 points. Edit: and S&P

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

Bye DOW, Bye Dollar, Bye S&P, Bye Euro. Trichet playing the same game as Bernanke. Verbally wishing your currency is strong is a lot different than actual strength. No rate hike, E/U will t,t,t, tumble. Bad NFP, dollar will tumble with little rise ...

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

Yes sir. I have them from 212.50-211.00. But will close if we start getting a reversal at that 210.00-210.50 area. Will know soon, probably by London.

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

Back down she goes. — Here is another of my guesses.... 18 4HR bars cannot close above 4HR 50 EMA. On the flipside cannot close BELOW daily 200SMA 211.20 area for several days. Keeps taking a peek but cannot close below. Daily ...

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

Risk aversion ahead of US labor report. I guess you can add oil, bank writedowns, US auto sales, subprime and conventional mortgage defaults, dow down to August 02 lows, etc, etc, etc......

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

I suggest you go back and read some of your own posts. You are my friend a seesaw, one minute you are long, one minute you are short. Yes, most of your charts are useless, accept it, learn from it. Post less and think more it will make you a better ...

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

Actually I do ignore most of them. When you draw subjective T/L's without any decent explanation or intelligent fundamental analysis they are quite useless. Maybe Scrat can you help you decipher a chart. Your most recent one looks to me to be a ...

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

How about an explanation? Or at least a picture of your crystal ball.

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

Israel does not have to actually attack Iran just a little war exercise and muscle flexing by them will cause oil to shoot up to close to $200/barrel easily. Coming days will be wild......I can't wait!

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

DJIA — Dow going positive today or rest of the week is a pipe dream. 10-30 points up is not a rally... It is called short covering or break even at best. Look at all the data coming out in the next 48 hours. Gold is way up. Do you really ...

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

Loving all this movement and rejection at 4HR 100SMA. Adding more shorts..... Nice 2:00 pump on Dow.

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

Good for longs would be a close above the circled area on my chart. Which is also the descending t/l resistance. 4HR Gann and 4HR 50EMA. If you can get a close above all that resistance. Then up she goes. Above the daily pivot would be a good start. ...

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

Met 4HR 5SMA retrace requirement. Added more shorts and more and more.......

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

Thank You.....good call.

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

Added more shortys

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

It will be taken out by tonight. If not today. 207.90 area is key. Weekly T/L.

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

Just a reminder — Carry trade unwind in progress. I am short G/Y, A/Y, N/Y.

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

Selloff — Global stock market selloff in progress. Watch for carry unwind today/tonight. FTSE -2% plus Its due.

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

Support at Weekly 5SMA 210.40

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

Time for a chart — G/Y below 4HR and Daily Gann. T/L is intact. Downward channel intact.

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