I was short at 137! and closed at probably 136.50 lol I need to trust my analysis.

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

I should have just not come back on, I chickened out and took my profits already lol. Man what a wimp!

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

My guess is, buyers are being sucked in here, I could be completely wrong, but the next few hours should tell. I'm going to nap, maybe, or play games, I haven't decided. See ya guys at 126!

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

I told youuu, I haven't perfected it yet haha. Plus I'm too worried that the next support won't be there, or next resistance will get blown down. How about this, if it goes to 126, I'll range trade in the future lol.

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

That's right under support, if support is broken it could fall and fall fast, then again it could be a fake break and you could make out nicely. Risky though, good luck.

Cable Update (GBPUSD)

It better be, another day of this, I'll pull my hair out lol

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

Not sure what he meant. That they aren't trading and waiting on the sidelines?

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

Out of their shorts?

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

I can see it two ways, 1, they are trying to trap sellers in by making them think it's going lower, but on the other hand, holding this area to trap in buyers. Or hold it up here to allow the big boys (London session?) to short and take it low.

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

Oh baby, loving that chart, all the MAs on top of the price and RSX curved down. High five!

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

Mind posting your 4hr chart, with that RSX, I like your RSX lol thanks

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

Looks like some volume with that bounce lol

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

Meaning another round of selling.

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

Am I correct in saying there is no volume behind this drop/dip?

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

Can we get a volume chart? Thanks.

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

that 128 one should be knocked out quick with any volume selling.

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

I see support @ 126.60 and 125.20, then well, 120 I guess. Agreed?

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

Need to continue down another 50 pips or so before I think we're in bear colony.

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

image

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

I think these charts show a good GJ drop is to come.

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