We're likely to be in range mode for a while today while we wait for the option expiry. Picking a direction right now is a crap shoot, but we have had a mini sell-off to shakeout the weak longs. There were also signs of stopping volume at 130.5 ish. ...

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

Clutter — I know there's a lot of clutter here lately, but read my posts from yesterday.

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

Ranging again..... — Longs shouldn't get too excited just yet. Cable has a £3B date below 144 tomorrow during NY. Will be an expensive day for one large hedge fund if they get stood up. We're seeing the kind of sentiment when GY last ...

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

Remember..... — .....something to keep in mind. Large £3B Cable option expiring tomorrow. Price set below 144.

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

No more shorts today for me — Sorry to keep quoting forexlive.com, but this is important. url ECB and FED 'checking rates' Often a pre-cursor to intervention.

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

Careful — Risky shorting this pretty impressive rally just before the US open, but good luck with shorts. I'm waiting for a bit.

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

Swiss National Bank — I said earlier that someone was defending the Euro. url

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

Risk aversion — This is a risk aversion trade. All JPY crosses being sold while Euro is being defended.

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

Trappish — I smell a rally from here. Everyone now piling on the shorts hoping for at least the previous low, (129.77). Then next stop 128 etc. But that would be too easy, wouldn't it? I did see some signs of buying at support and Euro has ...

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

this place — As Grashid says, this thread is a talking shop, not a signal service. It is important to filter out the stuff that won't help our own trading. If someone posts a trade and you don't understand it, just ask politely. Pretty simple ...

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

forexlive.com — The guy over at www.forexlive.com is saying exactly what i'm thinking.

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

Open your eyes and ears, German news, as Piters said, is huge. Forget technicals for the next few hours, (maybe even sessions). I seriously wonder who advises Merkel, I really do. Perhaps there is a method in her madness, but this is the kind of ...

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

Euro is gunna get caned to kingdon come if this happens.

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

been away. missed nothing much... — Thank you Q.

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

put — Just going by this. May be a typo... url

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

url

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

Food for thought...... — According to forexlive.com: Massive Cable put options at 144, totalling at least £3B, set to expire on Thursday. If we are to rally higher, we need to do it before the NY session on Thursday. I cannot vouch for this ...

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

Q for Q — For Quecee - I have been looking through the FF archives and have been unable to find a fibo retracement tool as neat as yours. Is there any chance you could point me in the right direction please? The MT4 standard fibo tool is a bit ...

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

Date for your diaries — June 22nd. New UK chancellor of the exchequer will unveil an emergency budget. This budget will set out the debt reduction strategy over the coming year. Details of the first £6B in savings to be announced next week. As ...

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

I haven't heard Cameron say anything about Sterling which is no surprise really. No government, (except Japan), likes to say, 'yes, we would like a weak currency at this stage of our 'recovery'' Yet, they will do veryy little to strengthen it ...

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