Take a good look at a GBP/AUD chart for refference to just see what kind of drop I'm expecting, it is in a slightly forward cycle compared to geppy...

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

Glad that you can see my point, stay vigilant though as I suspect if we start to seriously breakdown right after Bernanke had made a "Historic comment" on currency weakness and it is very possible to have another one to the same effect, and once ...

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

Allright, as posted previously, we will fall and fall hard, the dow had just entered the most powerfull leg down 3rd of 3rd, minor wave 2 up had finished(confirmation is a break of the previous low) 11800 to 12000 by friday, mark my words...

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

This type of spikes allways gets retraced, allways... Euro, looks to be in a complex correction so 1,4960 level looks quite possible at the moment, dollar could, I repeat "could correct to the 75 level, but the MAJOR LOW is not in yet, not by a wide ...

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

Allright, I see where I went wrong here, I "subscribe" to the not widely known school of thought that trades this setups completelly different, not to go in to too many detailes, what is shown on your chart, TO ME is still a bearish divergence, ...

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

To poit it out one more time, what you had showed was a Bearish divergence, make no mistake about it, it is a bearish divergence to price, not bullish, trust me on that little fact. Jusy checked 4hr to make sure, there is no Bullish divergence on a ...

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

The only thing I had mentioned is the end of the 4th wave on the geppy and the beginning of the 5th to last through mid July, when did you see me count a corection?! I had provided the main waves count. There is no purpose at the moment, none ...

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

The money is never free, it requires work, anything that you get for free will flee your hand just as easily as it got there. On the other hand if there are anybody here who wouldn't mind risking $10,000.00 to make $1,000.000.00 in about a month, ...

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

Here is a sugestion, to everyone who is so concerned with levels currently on the geppy, leave your shorts alone till Friday (close at the close of the market, there are reasons to think the close will be extreme). Open up longs at the start of a ...

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

Orion, this move is purelly driven by risk aversion, the dollar had barelly moved today, in such markets, you can throw out your daily range estimates out of the window, pay attention to 204.80 area if it breaks down and has a solid close below it ...

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

Huge stop losses just below 204.80. looks like that level will be defended with a vengeance, if the dow tanks today(likely) we would see at least 203 20-50 levels by close, just a heads up

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

This is a classic BEARISH divergence to price action, which indicates that the prices should surpass the last low that you have marked on your chart, there is also a possibility to surpass the 199.75 low because the MACD divergence had clearly ...

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

Hi Sl, to answer your question, and this only applies to US regulations, yes with a power of attorney you can trade for a client(whoever that client may be) but, the client would have to pay you out according to the agreement you would have with the ...

It's official, brokers trade against you

LOL, THE GAP, it is an exhaustion GAP, me thinks, but all things considered it is very possible that there would be an attempt to close it, the way it stands right now, if we do not close it by Tomorrow, we may not close it for a while. This week ...

Wall Street close watch

We should, by september... or a bit later

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

Well, this is just a heads up for a very rare trade setup, the profit potential is enormous here, the risk is extremelly small, the dates and the levels almost everywhere line up, so that's why I posted, those that can take advantage of this ...

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

Beware, this looks like the end of wave 4 and the 5th wave had either started or would not surpass 210.85, in any case today or at the latest Monday would be an intermideate reversal, 5th way should end some time in mid to end of july, well below ...

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

Hi Sl, well the dates that I have been concentating on are here, the levels are here as well, the Dow should be done or almost done with a minor second wave up, the drop is coming, looks like the last high on the geepy would hold, if breaks than ...

Wall Street close watch

First off this is not a diamond, this a symmetrical triangle, second, symmetrical triangles could be resolved either way, for now there is still a wave E to play out at the bottom of the range, if the bounce does not surpass the mid line of the ...

EUR/JPY technical analysis for the next 6 months