Retracement — Looks like a simple 50% retrace.

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

Yes sir, seems like it gets slapped down as soon as it tries to maintain any gains.

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

Support/Resistance — 211.10 area is full of support. 4HR 50EMA, Daily 5 SMA LO. Just below is daily gann. Which way will the beast go.......

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

OK, you want to play lets play. Do you post just to see your own posts ? 1,952 posts since April2008 Which most are useless ! Are you like 12 years old trading on a demo account with what $100,000 ? Get a life bro, start your own thread or website. ...

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

Nope. Actually very good. How about you? But I am disappointed in the direction of this thread. Used to be the best on the website. Not anymore. Basically a trading journal. Wonder why some of the more senior members don't post? Way to much garbage.

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

Whatever. Keep posting 40 times a day.

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

Trading Journal — So it looks like this thread has turned into a trading journal. Unreal. Good Luck.

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

Would that be the lower 1/2 or larger 1/2 ??? Why 212.30 ???

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

Until July 2007.

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

LOL, OK, trade what you see.

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

You should try taking your t/l a little further back in time on monthly chart. Please take a look.

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

There are other charts to look at......look and you will see the pattern. Since July2007. What has changed? We are in a downtrend. See url

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

Weekly — FYI: Last time weekly momentum crossed down over the 8SMA I have plotted on my momentum chart the G/Y dropped 2,000 pips.

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

Highly unlikely it will make new highs. Maybe 213.30 or so if it even goes any higher that it is now. JMVHO

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

What is "MAJOR CIT" ?

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

Back to the Geppy — Hope you don't mind..... First weekly "down" momentum in a while. Should take us down to the 205.00 level.

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

Same here ! Always respect your analysis ! Up or down...got to love the pippage !

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

Fundies and Techies — This is what I am trying to convey; Technicals and fundamentals mixed together make a great trading plan. So, yes lets talk about the geppy. Technically we have visited the 214.00 area 4 times since Jan2008, each time ...

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

Dow and all....... — The disconnection is not unusual. Carry trades unwind because of fear, there is not enough fear for this to happen yet. The Dow just had a daily close below the monthly 50 EMA. It is going down. At least to 10000. By end ...

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

Won't go below weekly 200sma at 11812

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