GU and UCh — Although this fall/rise has been pretty strong, there will be shenanigans on the way, but I still think some major Dollar strength will continue to play out. Believe it or not, I'm seeing GU at <148 and UCh >1.10. Obviously, the ...

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

GY — Looks like GY will be rangebound for a while now, but i'm beginning to think bullish; Fed introduce QE Lite - Further Dollar weakness, Sterling strength, spills over against Yen. BoJ are watching the markets because of strong Yen (against ...

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

Hmm, just had a closer look. I've seen the exact same pic with a chelsea shirt. Hmmm

Cable Update (GBPUSD)

admittedly.... — ....there are some smart traders here, but I suspect not many can read pure hexadecimal.

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

China — This may slip under the radar, but is important I think. Chinese government to run new bank stress tests on the country's banks. Main criteria is the banks' ability to withstand house price drops of 60%. (The previous test only ...

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

News lol — Soooooooo....... Halifax house report in the UK prices increase. BP static kill said to be progressing well. Lloyds making twice the expected profits. I'd imagine there are lots of buyers this morning, yet Sterling is weaker.

Cable Update (GBPUSD)

wot? lol — I've made no secret of my short bias. So what's your point? Is 150 pips too much for you? Maybe you should have read back a little further when I predicted EU at 134 when everyone was predicting 120. I know what i'm doing. ...

Cable Update (GBPUSD)

Congratulations for the most idiotic statement i've ever read on here. Keep em coming..

Cable Update (GBPUSD)

Don't get me started on Thatcher. Back on topic...

Cable Update (GBPUSD)

why so? — It puzzles me when people say this kind of stuff. Do you really believe anyone else would be doing anything differently? McCain? Really? And God forbid that fuckwit from Alaska? Obama is doing exactly as he's told, same as every ...

Cable Update (GBPUSD)

why — Why? What's changed in your thinking? Frankie opening bullish? Not exactly the major push up at the open i'd expect if we were to have another bullish day, but let's see. Still bearish bias here.....

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

It's an absolute no brainer IMO. Fantastic r/r as long as you employ good m/m.

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

It'll come..... — Longer term trade this...... image If I were flat right now, (which i'm not), I would be loading up shorts here.

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

The bearish divergence on the Daily is considerable now. Just a matter of time.

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

GU is screaming short, but I suspect we'll see a pop up once NY get to their desks. As many here often say, charts don't lie and GU will have a significant retrace soon enough. PS. I've been adding small GU shorts since last week.

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

Dude. You're better than this. Why the ridicule of others lately?

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

Without doubt, my favourite post of yours on here.

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

Bear — I'm thinking bear, if only for the reason that going up to retest/break last week's high is just too obvious. We still have some downside divergence-wise yet to play out IMO, so I'm thinking along the same lines as Allseeingeye. ...

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

well.. — Pin bar, schmin bar. It's only valid once the candle closes and the next one confirms it. EDIT: Took some off the table and moved stops to b/e +2.

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

If i'm honest, I don't now think we'll see a resistance test, but market may leave a question or two for us to ponder over the weekend. Short term bias is now long, but only because I have some long trades now open. (Average price 135.15). ...

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