PA — I mentioned this a week or so ago, but the PA has been seriously weird lately. The amount of 100% retraces after very strong moves has smacked of intervention and manipulation. Volumes have simply been ignored as have perfectly valid ...

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

Greece — Moody's just cut Greece rating to A3. Portugal Finance Minister says Greece presents contagion risk. Irish debt as a % of GDP the highest in Eurozone at >14%. Read into that what you will, but safe to say the Euro waters are ...

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

Yep — Agreed. Mush - you need to stop posting all the drivel in between your main analysis. We know you're short, we know you have bearish bias, we know the targets you project. Now, shhhh and let's see what the market wants to do.

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

Then..... — Learn synthetics.

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

Retail Sales — UK retail sales concensus looks like it's been set up for a beat IMO. I'm now fully hedged, which is not good as it means I have no clue where the informed money want to take this. There is a pretty massive fall in the offing, ...

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

SNB — Anyone else have a spike down, then up on ECh? Looks like the SNB are active.

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

Well.... — ....this mornings bearish divergence on the 1hr TF has now officially played out. Just need to see if we get enough momentum to take us down to the 4hr target of yesterday. (min 141.5), but somewhere under 142 would do me.

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

Well.... — .... am still here. Been scalping some longs in a sub account even though I don't fully believe in them. Still have my shorts open and have just added another small position @ 143.95. My own observation is that the upmove needs to ...

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

London Open — Only thing I can see is the London open.

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

PM. Use it — Yes, can we please take non trade related stuff to PM.

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

I'd vote trick! NY haven't got to their desks yet and I think they'll see today as bullish.

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

er — Hmmm, interesting. Care to post a chart and reasons why? Hmmmm, I don't like disagreeing with Raza because his analysis is always excellent. But I can't see ANY bullish divergences on any TF above 1hr. I do see, (depending on ...

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

I don't have any bullish divergences on my 1hr chart. In fact, I can't see any bullish divergence on all charts above 1hr. The bullish divergence which was created on Sunday/Monday played out when the gap was closed. Your chart is showing the ...

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

Good question lol — That's a very good question. lol Typically, I look for entries when the divergence is present coupled with the price being O/B or O/S. I started this trade a bit too early tbh, but I still believe in it. Been adding small ...

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

Maybe — Yea, we may rally higher, but I can't ignore this.... image

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

Still short — 1hr bearish divergence getting stronger, not weaker. Staying short and will add. Nice to see Piters posting.

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

Wot!? — lol. Not quite my end. Broco and Oanda) Friday close 141.55. Last candle high 141.47.

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

I thought you said gap was closed. Gap close for me is the closing price on Friday being met the following week.

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

Not on Broco — Broco didn't quite close the gap. 20 pips or so away. Close enough I guess, but the market can be fussy about these things.

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

Yea, I dropped a bollock closing my long earlier. Should have trailed a stop, but nevermind. I'm back onto the bigger picture now as most of the previous bearish divergences I had seen have played out. There is another one for the entire move which ...

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