Thank you for this excellent analysis. You're very generous and it's greatly appreciated.

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

OK, not in any way fully ofait with VSA, but I can see the following: Last hour volume in Geppy spot slightly less than previous 3. RSI oversold on 4hr, 1hr, 15m, 5m and 1m Geppy spot. Strong support level at 131.50 ish. GBP and JPY futures volume ...

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

Just wanted to express my thanks to you and everyone else here for the great analysis. I've been studying VSA since you mentioned it and looking at futures has helped me make sense of the smaller moves.

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

Closed shorts. Will re-sell when price falls below this 134.50 mini-support.

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

Hmmm, very interesting. Thanks for sharing.

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

I'm not reading to much into the drift down since the open. Volume will be light and the big players will not be playing yet. There would have been sell orders waiting after the down moves on Friday, so any gap down was not unexpected. BUT, this gap ...

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

It has to be remembered that market makers make their own market; it's what they do. If you aren't using an ECN, then your feeds will always vary from others. It doesn't necessarily mean they are ripping you off. Unless you notice price shadowing ...

Cable Update (GBPUSD)

The smart money bulls aren't done yet, but I don't think they'll be buying until proof of selling exhaustion is apparent.. I expect a further fall before they get interested. I'm still short for now.....

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

Closed shorts @ 136.92. Had a bad morning so this makes up for it.

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

Great stuff, good trade. The only thing to be wary of when trading the candles is news. News can skew the overall picture. Risky, but I have a small short from 137.93.

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

True, but Dow is getting caned right now and it looks like 137.30 will break lower this time. Below that there's not much until 135.90. A bounce from 137.60 is quite likely, but sellers rule atm.

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

***1H chart looks bearish to me*** Do ya think..?

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

I didn't, but guess I could have. I was looking at the 1m,5m and 15m ema50. Price was crossing lower on all 3 timeframes so I took the view that gravity was in play since the job bounce up fizzled out. I'll have short bias now for a while, strong ...

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

Closed short 137.98.

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

Short order @ 138.78....

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

I've a small long for a push up to 139.50 ish.... NFP seems more crucial than normal this month, a pivotal point in time I think.

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

Sorry, it's Big Coupe.

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

I can see some bearish h&s patterns waiting for the last drop down on various timeframes. Is that what BC means?

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

More short 138.20.. Looks like a break lower now.

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

Nope, we're down now I think..

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