It's hard NOT to be right with that analysis.

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

I"m just going to quote this so when we see 1.17 you'll know I said so.

EURUSD

There has been talk of speculators pulling off a bigger feat than George Soros did to the BOE. Might be rumor... but rumors move the market as well.

EURUSD

Look at the weeklies for pretty much any given currency vs the USD or JPY. It's VERY reminiscent of mid-late 2008. It may not be, but if it is... hold onto your panties. It's gonna be fun!

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

From what I just read it's based on 3 standard ADX readings with 3 different lengths. I know some people make $ with lagging indicators, but who actually needs an indicator to show you that price is going up or down? If it's going up... you'll have ...

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

Question... with Monday being a EUR bank holiday, wouldn't this be a great time for people wanting to reestablish shorts to do so and push the market to new lows without fear of ECB intervention... or do those guys really take a holiday?

EURUSD

Small (30 pip or less) gaps in favor of the USD and JPY. On the EURUSD though, probably nothing worth noting.

EURUSD

Dude I'm targeting a buck 17 after this last rally. In the end I think you'll be right. If this rally continues, I'll just cut my losses and short at a better level. Currently short @ 1.2647

EURUSD

And that begs the next question... why 123.80?

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

I'm all for profits, but I'm just targeting the lows again. I like my profits, but call me anti-global economy collapse. That said, if it breaks it... I'll ride the GBP into oblivion. I buy physical gold with profits. At least I can trade it for ...

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

1.3685 target. Conservatively though 1.4000.

Cable Update (GBPUSD)

I agree. I expect further weakness all around.

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

I'm still a USD bear and a JPY bull, and while we had a close up today (profit taking maybe?, defending options barriers?), I was just doing a bit of post week wrap up and I see bear flags everywhere. Simply put I think someone is defending support ...

Backing Trades Thru Charts

The opposite side of the coin, though IS true. The GBP IS down due to fundamentals. I'm just saying...

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

You never know... but yeah. Highly unlikely. Only delinquents like us are still watching charts. Everyone else has gone home for the weekend

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

The worst time of the week for me is coming up. Maybe I'm an addict, but the worst time of the week for me is between the US close on Friday and the Asian open on Sunday. I'm one of those guys who WOULD trade through the weekend if the market was ...

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

All I see is a bear flag inside of a descending channel.

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

For my money, most currency strategists are no better than Jim Cramer is at picking stocks.

EURUSD

Lets go already...

EURUSD