correct, not a divergence. — You are correct, it's not a divergence as you'd need a price recently below 129.8 to achieve a regular MACD down trend divergence.

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

I've just finished a quick chart analysis and I get the figure between 136.50 and 137.20. However, this is not from my usual charting account and I also usually prefer to do my main analysis during mid London session. I thought I'd just share my ...

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

Messy PA at the moment — Looks like it's respecting the UTL. My MA shows a messy PA as well, so I've closed all but 1 position. I'm not sure I'll take a chance on Friday keeping anything open. As usual, my FXCM has produced little profit, but ...

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

Oh, I never expected that! — LOL - just came after going out for a few pints and well....the damn PA did the opposite to what I wanted! Typical. Only made 45 pips before the SL cut in on my long, but lost over 77 pips as I closed all positions ...

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

My small long — Just did my usual quick and dirty calculations on my small long TP @ 137.700 This also checked out with the Fibb 0.5 point. I've put a tight SL in just in case. I'm still unsure about over the weekend trading so this might be ...

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

According to the news it's a possibility of an increase. Looks like the news agencies are looking for economic stories that might not exist. I'll take the opposite view. In the short term it might be good for bringing in taxes, but if it does ...

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

UK economy - rumour — Just heard a rumour that VAT in the UK may go up to 20%. The BBC news on in a few minutes might provide more, but this might be a bad news for the pound.

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

Yeah, I'm not sure either — I'm a bit confused with my Aroon indicator for the H1 chart. It's not in a position I know. It seems to contradict the SMA I have. But Aroon can change quickly! I've closed all shorts and put in a small long to test ...

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

Crop circles work, by the looks of it! — Crop circles work, by the looks of it! LOL Here's an updated chart of the Lay lines I posted last night. Noticed how it followed the red dotted, then dropped onto the red down line? Is this ...

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

Possible similarities — Just a highly speculative guess of the action. 2 previous drops have the same type of pattern. Again, is history repeating itself? The MA are very similar in pattern and as they are daily, it's more accurate then then ...

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

Crop circles and lay line for GBPJPY — Firstly apologizes for the bad chart as I have had to redraw it because the original was used 8 hours ago. Also, I think I've missed something out but I'm too tired to care :-) I respect trend lines ...

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

Volumes GBPJPY — Just a quick one on Volumes got GBPJPY Today: 15:00 =7184 16:00 = 7207 Yesterday: 15:00 = 7383 16:00 = 7907 This is possibly indicative of the PA not knowing where it's going. Less volume as traders don't know either and are ...

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

Medium volume for Late London session — The volume I'm seeing is fairly medium, in fact lower then expected for late London session.....Mmmmm. It's possibly 15% lower then yesterday, but I've just got in and haven't had time to fully check.

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

I've got a small short with a TP at 137.600 as I'm going out for a few hours. I'll re-calculate it in 30 minutes before I go. But as ever, this is Forex and crystal balls are mandatory

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

Analysis for GBPJPY 12 May 2010 — After last weeks drop PA is still wobbling along trying to find it's own feet. So, I'll try just a short term analysis. H4: The SMA21/13 lines are together so it's difficult to see where it might lead. Aroon ...

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

Web based remote access — What's wrong with a web based remote connection to your home PC?

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

Come on guys... — Come on guys, act professionally, please. We all have different views and styles, please respect that. I think a lot of frustration is because just numbers are banded about without any charts or proof. Even if you don't have ...

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

Just watched the resignation.... — Looks like trouble before the new prime minister is unveiled! The Lib Dems have to vote tonight without knowing what the coalition pact details are! Also, there's some very BIG question marks on the how the ...

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

Depends on how you trade. — It depends on how you trade. I think it's going to be a scalpers month. If you're relying on SMA and EMA for trading opportunities then you might be in for a few shocks. The drop will totally distort any average. ...

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

It's more complicated I'm afraid. Sinn Fein Of Northern Ireland has 4 seats, but they wouldn't be going to Westminster in protest. There's also a seat that will need to take place next month because a candidate died after the election was called and ...

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