1HR vs 4HR — 1 hour double top or 4 hour double bottom ?

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

You win...I gave up on that a long time ago. hbbbbt:

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

Lets see; 4 years engineering school. 3 months submarine school, corporate boy for over 11 years. This is the hardest thing I have ever done, but the most rewarding. But, hey, if you look at it as simple as clicking a mouse you must be able to trade ...

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

Well, we should combine our analysis, because I think I suck at technicals. Although, and this may sound a little off the wall, I would like to see Orionsway planet charts, that I do believe has a lot more to do with the markets than a lot of people ...

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

Technically: rejection of 208.50 area, many tries since beginning of March. If you take a look at daily chart at beginning of March the same pattern is emerging. Bullish at beginning of month ( lot of this has to do with money flowing into ...

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

Not trying to be a contrary to your view but both sides of this coin can be played. Last week when price was going up everyone was talking about going long to insane levels. Higher time frame charts look very bearish to me but unless we can break ...

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

My 4HR has just crossed the 50 line down. Very bearish. Need to break below 205.60 for further downside though. Sitting on Daily 100SMA, need to close below that as well. May range today though.

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

Upcoming US session — Now what about upcoming US session. Futs look mixed and no data to speak of, sideways ?

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

Right on —

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

UH — Well, geez, last time I checked the actual index follows the futures, but hey believe whatever you want.

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

IF — DJIA Futs just broke a T/L on the downside that has held for over a week. I wouldn't be counting on DJIA to hold 13000 this week or today. Just my 1 1/2 cents.

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

Cooked — Fed added 45K construction related jobs to the NFP, on their own, because of new companies formed. Usually happens in a bad jobs market, people try to start their own businesses to offset job opportunities. Ghost jobs....whoooooooo ...

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

Pre-NFP — Interesting Pre NFP announcement. FED SAYS BI-WEEKLY TAF AUCTION TO INCREASE TO $75B FROM $50B - Expands collateral under the TSLF to include AAA-rated asset backed securities "persistent liquidity pressures" Hmmmm......leading ...

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

RIGHT On ! —

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

Thank you PKIMYNC Resistance at 207.20=Daily Gann Minor Resistance at 207.73=T/L res Major resistance at 208.50=T/L and has not been able to break for a while. But who knows, I have seen this beast blow thru res and support like butter. I sit on the ...

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

No Problem — Nikkei is up 240 points, this is a nice run up because of their follow thru on the US market. I think the up moves will be limited tonight because of NFP tomorrow and a lot of traders will want limited exposure. Might even see ...

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

Thread Integrity — Not sure if you have ever participated in forums before. But this thread is mainly for analysis and a little fun now and then. If you want trade calls join a service. Deluging with constant questions about if you should ...

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

No when to trade and what you are posting — You sure about this ???? Japan's financial markets will be closed on April 29 and May 5-6 for national holidays.

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

ADP vs NFP — FWIW: ADP and NFP can and have differ tremendously. Watch for revisions as well.

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

DOW FUTS — DJIA Futs picking up speed here to downside.

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