Yeah how do i smell what's he farting live?

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

I thought earning reports are the major factor in dow's movements, along with other related us news.

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

Bernanke speaks in 20 minutes!!! This is it. As long as he doesn't hint of any further cut (which I doubt he would), then dow should fall nicely taking GJ with it as well.

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

I thought "pips" is your middle name.

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

So I guess when fundamental and technical don't agree, this is what we get...ranging.

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

I'm hoping/expecting bad news. We need fuel/meat for the bears.

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

But it just ranged for last 24 hours... If it ranges again...

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

Picking up more bears. Come join!

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

oops...this is what happens when you are waiting "patiently" at your computer for this pair to move for the last 24 hours?

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

Woot, I guess we are finally going down. Too bad it's Friday and London is almost over so a big move is unlikely. But I guess 229 should be reasonable.

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

I'm chasing my dream too. Look at my avatar.

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

Positive GBP news really killed the bear. I was thinking of the worst case scenerio of a good GBP news which now keeps us in this range. A bad or as expected GBP would have fuel the bear and gave us a clear direction. I guess it's a waiting game ...

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

Looks like 2nd attempt at 231.80 support. I hope it goes thru this time. This slow ranging is making me dizzy. I wanna see black pips.

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

yeah i'm single, rich and HOT. ***Any lady out there looking for a forex hottie should call 213-911-PIPS***

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

28/M/forex virgin

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

This could be the BEGINNING OF THE END. I could feel it coming. If it goes to 228 again, it might break this level and we're going south of the border.

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

But shouldn't your stop be at around 231.80, below the bottom of this mini-range? (That's where I put my sl for scalping) A spike which dips below the bottom of range is more likely a stop hunt.

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

There is really not much fundamental supporting a move north. Now that the effect of the surprised 50 bp cut is over, traders are now discussing the possibility of a recession. A rate cut doesn't mean anything if it doesn't help the US economy much. ...

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

I thought it would tomorrow but not today since Wednesday has been traditionally an up day. It's really scary to think that with the dow up 335 points and Nikkei 580 points and this pair decides to move down. Next week I think we might finally see ...

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

Looking at the daily chart, this pair has been in a "range" of about 700 pips (235-228) in the last month. I doubt 235.50 could be broken any time soon. I have one short at 234.10. If price does go over 235, I'm gonna add 4 more lots with sl 236 and ...

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