I had the same opinion today. But I think this USD strength is flight to quality for now. Have to see what happens come London. I will definitely lock in profits before US session. Typically a circus anyway.... Thanks for the heads up on ...

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

I would tend to agree, but this is going to be a global equity selloff. Also, LIBOR is up and USTreas. yeilds are suspiciously down. Break 204.25 then 202.50 then 200.00. By tomorrow a.m. I suspect. Nikkei is down 340 pts... JMHO I could be very ...

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

LOL....Me too Bro...me too... I sat here all morning just shaking my head. I don't think we will see a selloff until end of Asia or maybe start of London. This bitch bounce off 205.15 again and I am throwing my monitor thru the window...... What are ...

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

Time for your infamous patience pills. Maybe I will have a double dose....

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

LOL...Me too. Probably because OIL was down on Friday. It's all about OIL lately.... Who knows......

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

Only news I have seen for Japan is "stocks open lower on Japanese economic worries" looks like their not worried anymore. Might be russia/georgia issues.... Something has them all happy -60 to +180 in less than an hour

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

Is this ever going to end ???? Take it to PM....please. Or start a thread, regardless it does not belong here. Thanks

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

LOL...Ok well 200.00 would be nice.

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

The only question I have is will there be a retrace during asia? I am starting to believe that we have just seen our retrace for the week. Holding shorts from 205.50. Expect to see 202.0 by tomorrow if not lower. Thoughts my fellow traders??? Hope ...

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

Trying to figure out significance of 204.00. ??? Thank you !!!!

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

GBP in the toilet. Next week will be USD dollar turn. I will short this beast at 4:59 and hold over the weekend. Georgia and Russia are at each other again. Should cause a little fear in the markets come sunday night monday morning. Nice range this ...

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

Agreed still has plenty of room to go down. Bounces are lethargic.

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

211.00 should be a good T/P for current shorts. I am leaving one small position open for the 1/4 HR strategy setup that we have now. Hope everyone is doing great. Have not posted for a while. Busy moving.... Welcome back Auslanco ! Keep in mind ...

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

Should be going down already. Looks like no sellers. Want to carry for interest over the weekend. Pretty strange that USD/YEN will not move.

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

With the weak dollar the durable goods orders should be strong. Too bad data didn't show that hardly anyone is actually taking delivery. Lets see what else we cook up today. Consumer sentiment and New Home sales will set the stage.

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

Yep, but just before it was one hell of a bear !

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

Yes sir. 214.20. 4HR Gann area, 61.8 from last move down. Trying to keep it simple.

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

Agree, except for long. I would not go long until after 0830 and 1000 EST US news. I suspect we will be revisiting lows already made today.

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

Closed all longs. Nice retrace. Once again Kudos to Karmo for 50%.....heh from last year! Probably continue our down move from here. But who knows.....

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

Thanks bro... Think this will make it to 213.70 retrace?

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