I bought in a 129.12.. see how she goes. Like others expecting a bit of a bounce, s/l 40pip

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

Malcomb, When the pros begin the trend, isn't it usually marked by a fast drop/rise based on the volume they are doing?? Todays drop to me just looks like steady constant selling, slowly creeping downwards. I'm a noob and dont' have the volume ...

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

Hey toyboy.. so is it a bull trap or carry orders.. haha

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

149.00 is where i see the daily 50ema or there abouts, seems a big jump for no particular reason. But anything is possible of course. Do you suggest this because we have two 4hr candles above the 50ema (ofc the 2nd hasn't closed yet)??

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

What is significant about 1pm? lol and what time zone?

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

So we going to touch the DP and bounce??

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

Lol, right you are.. How likely is that to happen? somehow i can't see that occuring Thanks for you responses

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

Haha, sadly i can concur with that statement. Dr. G & lilmoe - still haven't seen the massive sell-off, I presume you still believe thats in the cards though merely delayed? Under what condition would you consider it will not happen as expected? ...

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

Piters, are you still considering your thought of 139.73-140.06 as the safe trade?

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

I've a short from upper 139.8, but i've been going long off 137.3 - 4xs now.. 20 to 50 pips a go (just shy of +180pips), lol attempting to catch the buy before the sell.. I'll probably get burned when she breaks down, but using a tight stop

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

Ah Piters you got your TP.. lol

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

Ah, i though you meant if the bearish divergence plays out on the 15tf, we break down.. thanks

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

Isn't that a good thing for GJ shorts?? GU breaks, GJ follows??

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

OK all in on sunday, house, car ... hahaha.. you definately seem pretty excited about it!! Adds up with Dr. Gs idea of a massive sell-off on monday as well. Look forward to your "interesting stuff" in a little bit

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

hmm, maybe 135.20 as is was such strong support on the way down will be the resitance ont he way up.. I'm waiting for it to get a bit higher. If i had balls i'd go long now for a scalp

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

Is this the start of the pump... waiting for the dump...

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

Its a pretty tight range, and it seems to be bouncing between the DP 135.91 and 135.20, are you suggesting a break of the DP to retrace to the 1hr 50ema is more likely due to the strong support at 135.2?

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

Malcomb, How are you going to tell if its a bear trap and not a real bear?

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

That makes alot of sense to me, if I were a market "mover" i would want to sell from a higher position, than the newest low or close enough. Maybey that just way to logical

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

This soon? I mean the announcement isnt for another 4 hrs or so? Or is this the market just pre-acting for what it is expecting? I think Dr G. said the frankfurt is usually just a fake-out.. lol, nut i guess we'll soon find out

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