well, I have consistently lost money in forex, principally through indiscipline and impatience. I'm learning from my mistakes and that's worth every £ I've lost so far.

Cable Update (GBPUSD)

mmm, interesting use of indicators on that website. Look at the EURAUD charts. They recommend going long whereas price is coming down from upper BB and stochs are turning southwards. At least they saw that the H1 trend is up!

EURUSD

yet oanda has opened up at about 214.60

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

aussie shorts beware!

Elliott Wave Trading

Don't you think that's all priced in? I was always taught that the market's innate intelligence knows the state of the economy before it reaches "news".

Cable Update (GBPUSD)

GBPJPY longs run for the hills!

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

so, how far will the carry unwind this time???????????

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

touching 23.6 fib on weekly. May be a good idea to place limit orders either side by say 50-100 pips. My "system" however is accumulating shorts.

gbpchf

maybe, just maybe, the BoE minutes will decide where the pound wants to go ??????????????????????????

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

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

OT CADJPY LTL about to break to the downside on H1 edit: there it goes!

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

GBPCHF bounced perfectly off upper TL at 2.0422.

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

, mmm, but this one, same pair, goes from top left to bottom right. yikes what can it all mean??????

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

GBPCHF filled the gap and about to hit upper TL on hourly. Should drag other carries down if rejected.

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

did they copy those positions directly from my trading terminal?

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

the fact that nothing constructive came out of Iran should drive oil back up again, pulling down the USD/Dow/Carry trade. AIMHO

EURUSD

I think we'll end down around 211.32 at major pivot. Too risky holding carry trades over the weekend with all this volatile corporate news flying around.

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

I'm placing a failry wide straddle order with buys at 1.605 and sells at 1.54, large lots and may be awhile (days to weeks) before either is hit. patience

EURUSD

monthly pivot at 5964 rejected so far.

EURUSD

absolutely no joke, I think this trend is looking exhausted. But it's all guesswork, NO-ONE knows the answers.

EURUSD