cable sell-off — cable short position in play , 1.8300 level is expected to be breached this week or next week which will clear the way to my target 1.8100 . good luck to all

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

hi PJKiller, yes your right ,i think to trade G/J now is away too dangerous,cause as you just stated ,the price action is indirectional for both usd/jpy and the beast . it seems the cable and us/jpy are failure this asian session to move the price ...

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

cable downtrend in tact — i think g/u is heading south in the long run ,therefore i will take every chance of cable rising to add to my long term short position targeting 1.8100. the beast looks nervous so no position is taken for geppy. hope ...

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

sure lilmoe,

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

Cable Is Vulnerable To Asecond Breakout Of 1.8500

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

hi anakmelayufx, thanks for your input , your right ,reversal is possible according to your analysis ,but i count on the long run. tight stoploss will be used.

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

your welcome aalam,yourr not alone anymore

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

hi taragula, yes in the long run the cable will be hurt and sold off cause there are a bad fundamentals analysis combined with bearish technical view after we saw abreakout of 1.85.00 level last asian session. maybe i'm right or wrong and this is ...

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

your right ,i think the geppy targeting the previous support at 202.50 and it will be taken down affected by the cable sell-off ,

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

the cable short in play — i just added to my short position targeting 1.8100. i think cable is going to dive deep down cause the UK economy is deteriorating . this is my own humble analysis

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

geppy sideways mode ,what a boring time, it sucks. better to stop watching the beast for now till a break above 204.80 .

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

sterling pound weakness is very clear now and a recession period is due i think . so the pound panic sell-off can make the cable dive into 1.8100 level in few weeks i hope. ive just taken a short position after the break and targeting 1.8200 its my ...

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

your right arezab ,i share you your view about the the cable,yeah sure there are many more attempts to push the cable right down the toughest support level for the cable over the last 14 months. so dont worry the cable will be able to pass through ...

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

204.50 target is done — my take profit order has been excuted at 204.40 ,now im looking for a break above 204.80 to buy again the pair g/j .

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

1 minute ascending triangle in place — g/j ascending triangle has been formed and the pair is about to pop up ,so i i went long targeting 204.50 previous high , after that level another long position will be established if the 204.80 level is ...

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

stopped out — my short position was stopped out with a small loss .

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

yeah ,your right OrionsWay ,maybe they drop the pair for another push up,but dont worry im careful and im going to take small profits till a massive sell off is clear enough. to reintiate my short position

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

now my short position in play

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

hi forexmoments, please take alook at the chart ,we have a second rejection at the resistance 203.80 maybe i'm right or wrong ,this is on my own risk and no great profits without a bold risks to be taken.

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

i shorted the pair at 203.60 gbp/jpy short position is established already.

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