Sure — Monthly chart for GCad. Heavy bullish divergence with RSI bobbling on it's arse since late 2007. image

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

Maybe not quite yet...? — Just had a wee look at this and Monthly bullish divergence is . But Weekly shows strong possibility of a pull back from here. Long term though, target area of 1.90, looks very possible. Thanks for the heads-up. ...

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

well...... — Some of you didn't believe. Ye of little faith. 134 still in playIMO, but first a retracement to 124.7 ish.... First small short @ 1.2999 and will add....

EURUSD

Yea, some quite conflicting signals right now. I think some Dollar strengthening on the cards; GU - 147 ish and UCh - 1.08 and 1.11. But EU still has unfinished business at 134. Hmmmm.

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

lol — Hai Gucc.

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

Target hit — Not being too greedy here. Most taken off at 132.83.

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

Quick Q — I visited the website but couldn't see the cost of the service. How much is it?

Pro Swing Trading

With ya brother. GY has unfinished business at 132.8. May not now play out this week, but I will look to build small shorts where I see good setups.

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

I was being positive, for Gilly.

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

gone? nope. — Fear not young Gilly. He'll be back in an hour or two.

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

who knows.. — That's the imponderable. I'm betting they won't change a thing, but our analysis can only be based on what we know right now IMO. I guess if they keep the 'extended period' language, we may see temporary Dollar weakness, but all ...

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

Shorts — There is also a good deal of bearish divergence swilling about on various risk-on pairs. I'm betting on a retrace. Looks to me like Dollar will strengthen in the medium term though, so let's see what the rest of the week brings. I've ...

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

gone quiet..... — ....Time to get back on the horse DT. You haven't waited for a year only to bail at the first hurdle.

Direct-Trade +250% PA Day+Scalping Trading Journal.

agreed, but..... — Yea, looks foolish to be buying the Yen crosses here. The thing which makes me think this may be a bit isolated is that Euro is holding up reasonably well, so a certain amount of this move is Sterling weakness. Also, Gold is ...

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

Divergence already done — Any reason why you posted this after the event? Are you working on a signal service?

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

Propping what up exactly? Data from the US all this week has been piss poor, whereas data from Europe has been less poor, (figuratively speaking). Look, I don't know exactly what is about to happen, but there is no such thing as propping up when we ...

EURUSD

yep — I may regret this, but cashed in my longs. Will look to re-enter on retracement...... if we get one. Still targeting 134 longer term.

EURUSD

Yep, nuts but true. A couple of reasons for the sudden Euro move: Transfer of Gold into Euros to satisfy European bank loans expiry yesterday? maybe Chinese buying Euro at the bequest of the US? I would say almost certainly that the Fed would like a ...

EURUSD

Weekly EU — A Weekly EU chart for you all. Make of it what you will, but it looks pretty obvious to me. image

EURUSD

agree — We're on the same page Raza. Everyone predict new kaboom and we rally yesterday. Could be transfer of European banks' assets? Could be Chinese? Make no mistake, the US will not shed too mahy tears over a weaker Dollar right ...

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