Good Morning, afternoon and evening everybody! Is there anyone who is watching this H&S monster with double horns (tops) on 4H GU ? It looks to me that GU is set to collapse soon, maybe by next week, and GJ will be dragged down with it. What do you ...

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

Heads up!! Bush is going to talk about the economy now....

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

More records were broken today, for the first time in history, USD/CHF went under parity for a short time (0.9987) !!

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

There is talk about an emergency Fed rate cut !

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

Whipsaws abound! It seems that last fall was caused by this: Bear Stearns CEO says liquidity deteriorated significantly, confirming a rumour about a Fed bailout to save BS from defaulting! (BS!!! good reflection of the state of the market right now ...

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

Good day all, Bad CPI number means less inflationary pressure, and this eases the FED worries regarding inflation that might prevent them from further rate cuts. This usually gives a positive sign for the equity market, and the stocks start to ...

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

Hmmm, my Daily Pivot is showing @204.55 I guess our feeds are different, mine is from Alpari. I am with MBTrading, but I use Alpari for the charts on MT4. There is always a small difference between the prices from Alpari and my Broker, ...

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

Hi everybody, I thought I might as well add my M30 chart here. Your comments are much appreciated. I think we are dealing here with a textbook bear flag continuation pattern marked by the green lines on the chart. The flagpole is almost 500 pips! so ...

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

Yup! S&P says end of writedowns 'now in sight' for big institutions.

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

Well, it seems the major business news sources disagree with this assessment! TOKYO (Reuters) - Japan is unlikely to intervene to sell the yen despite its jump to eight-year peaks against the dollar as such action could raise hackles among Group of ...

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

Good evening! It seems they won't according to Bloomberg: url

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

Exactly what I wanted to say Scrat In a strong downtrend, a 50% retracement is not always guaranteed, on the contrary, I have observed many pairs reach only 23.6 or max. 38.2 retracement before continuing their journey south. As was ...

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

Excellent job everybody! Enjoy the space shuttle to Mars courtesy of KASA (Karmo's Analysis and Space Administration!) The BoE didn't issue any statement, and this is even better for the bulls, as comments can be dovish sometimes. And if GU ...

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

Good morning everybody. Great job yesterday for all you bulls out there For today, longs should be careful. There are some unconfirmed news about some European hedge funds going bust, and this may push the JPY crosses down, so just have ...

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

Guys, as I see it, 204 is a significant support level, it is the 50% retracement of the fibofan from the G/J bottom of September 2000 where the last major bull run in G/j started!

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

My 4H momentum is also bearish! I don't see any bullish momentum Karmo! Now I am confused!

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

Hi arezab, here is the indicator you are asking for. Regards.

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

Hi SimonJ, Actually, in a thin market, 1 mini lot is capable of moving the market a pip or two, I have tried it myself with 1 to 5 mini lots, it is possible, I even once moved the price up by 5 pips to close a losing trade with a +3 pips . I could ...

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

Hi Arezab, Imho, this pair is very much connected to equities (e.g. DJIA), and in the stock market, the winning way is up riding the bull, but when there is sudden trouble (write downs, losses, bad earnings etc.), the bear appears, and panik ...

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

Hi guys, thanks to everybody for their contribution to this great thread. i have been a regular visitor here, though didn't post much before, but I learned quite a lot from all the great permanent residents of this thread . I would like to share a ...

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