we did get a close above the 50 on the 15 but will it hold this time at resistance i dunno.

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

There is no reason for this thing to go down now. Too much "corporate buyback" discussion, gold breaking out as the dollar sinks. Cable could push way higher if rates are unchanged and that means this train is leaving. The market has "made up it's ...

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

I think this is what just happened. image

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

Incredible, I leave for an hour and my short was stopped out to the pip at 234.57. If it reverses now i would not be surprised. I hope it does so i can have a good laugh at myself once again.

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

Yes alldra, when someone says they are shorting they are actually going long another pair. Is that what you are asking?

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

I wouldn't be surprised if we go sideways --------> till London actually, someone call in those house wifes.

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

Can we go up too? Sure no problem, just watch us!

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

M2B at this point it seems like it would take another rate cut in order for us to break this channel. Technically we aren't even near the end of this pennant so i don't see a "real" breakout happening.

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

The question is if we are slowly getting squeezed in to a bullish pennant on the daily or 4hr when are we going to break it? The way it's looking we could be playing this range for a couple more weeks if the big boys continue with their fun n' ...

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

Thanks for that link markam. Since the U.S. got it's nice little rate cut that everyone was crying over, the dollar will continue down of course, gold may pull back before shooting through the roof, and the markets and carries will continue up ...

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

What? no volatility? This thing has been volatile all day long with 30-40 pip swings. It's a scalpers playground bro can't you tell?

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

I pick answer B 38.2

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

price action is stalling hard here guys. my thoughts are if we break 233.15'ish we are headed up, it looks like a key pivotal area.

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

Unbelievable, i can't even get my shorts off in a decent place. If this thing goes up, it better go up and none of this side winding bull sheeight.

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

I will get out of my shorts after UJ pulls back on the 5 minute. It will be back to posting higher swings momentarily.

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

A bunch of institutional money grubbing bonus hungry scalping jerks, thats what's stopping it.

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

i might agree with that here in a few, we could be fueling for a long.

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

ok i guess not i take that back.

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

Tell me that an hourly chart is a good reason to stay short based on 3 doji's?

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

UJ / GU are trying to make a run for it which i'm becoming a little concerned about. I wasn't watching them ONCE AGAIN.

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