GBPCHF -Possible Double bottom forming as Well — Chart pattern looks like GBPYEN. I am thinking upside before down at the moment.

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

Double Bottom — Target 203 With Interest Rate coming out we will see how this plays out.

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

NFP — -80 as oppose to -50 I believe. Last month was -63.

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

Tech/Funda looks bearish — url . Damage control ????? IMHO

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

Bernanke has Spoken — url

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

DOW Realtime — url

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

Scalping System — Hi Gents/Ladies, Anyone here is master of scalping? If so can you point me in the direction of good scalping system. Much appreciated.

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

Bearish Divergence — url The type of divergence is determine on the last swing. In this case a upswing had ocurred (FEDS) the next is a down swing (bearish) which is already in play. I think this one is bearish. The last example on the cheat ...

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

Personfx, Great advice. Start shorting and recoop once the margin is there. Keep those hedges (unless you need to kill/close some to trade) and you should be fine. It doesn't make sense removing them for this week. Once it bottoms out there is no ...

Breeze....Update on GBP/JPY

GBPJPY — I hope we are all shorting here. Why would this thing retrace so far? Nothing positive to move the market I think that much at least not before Friday. IMHO. Anyone else see 210?

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

Hedging/Stop losses should be OK. I believe it is how you use it. I wouldn't do it for intraday. I am Swing trading at the moment. If you are hedge you should have enough money to trade in the new direction of the trend. On the upswing you can ...

Breeze....Update on GBP/JPY

You need to be Hedged Up - IMHO — Breeze, IMHO. You need to be hedged up for the week to ride this beast out. Weekly econimical outlook shows the pound slipping. One news in its favour CPI which might create a small retracement due to ...

Breeze....Update on GBP/JPY

Thanks!

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

I never trade against trend but I am not seeing 213.49 as pivot. Is that a daily pivot? Where did you get your pivot info so that I can add it to my arsenal of tools. thx. Much appreciated.

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

GBPJPY — I am waiting to see what happens as well. Period of consolidation/indecision needs to disappear. Head and shoulder on my weekly suggest overall downward trend. Monthly support S2 215.34, S3 209.5867. If it break pass this S2 should ...

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

I concur and don't long/short all your account so that once you have hedged you have enough margin to trade in the direction of the trend. Simply excercise some money management so that if you make a bad call you can always continue to trade and ...

Breeze....Update on GBP/JPY

GJ — That's my analysis at the moment as well. It retrace approx 150 PIPs? Do you know the reason? Carry Trades/Overbought? Technical and Fundamentals were all in check. It was overbought but not at the moment.

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

GJ Recent Retracement — Thanks! That would be me. See my response @ #56376.

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

[quote=quecee5;1774591] Possibilty that it will retrace some more. However, my Daily Charts shows MA above the current price, MA(228.73)/ MA 231.67 These MA not only provide support and resistance but also provide a trend in prices. Last week GJ ...

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

GJ Recent Retracement — Breeze, Happy and Prosperous New Year! Hope you had a blessed Christmas. Any idea, why GJ restraced approx 150 PIPS in the last 8 hrs? My projections are still in the 230s.

Breeze....Update on GBP/JPY