Big miss on employment — An extra 40000 filings. Could provide the excuse the bears need.... Let's see....

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

closed long — Closed my long scalp. May be more in the move, but not getting greedy. +25.

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

Volumes — Volume has virtually disappeared. It's like a quiet Asian session at the moment. Took a long scalp btw @ 143.66. Expecting a mini dead cat bounce.

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

thanks for explaining — Really? Fair play to you my friend. I'm not brave enough to make that sort of prediction.

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

That's all well and good, but why so adament GY won't break 145? I mean you could have used some reasoning rather than simply say it won't. I'm just curious that's all.

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

Triangles..... on my to do list. It's funny, but in the space of a day we've gone from looking very bearish to breakout bullish. Let's see what the rest of the week brings.

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

Corrected for you. Only kidding.

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

To be honest, there isn't a bearish divergence on those TFs I would trade right now. The 4hr divergence is very very slight, (if any), the 1hr and 30m could be considered played-out in a true sense too. The Daily TF is where I see the true ...

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

supplimentary info... — The UK election is over 3 weeks away, so Sterling is likely to fluctuate between now and then. Various daily polls will skew the GY PA. Here are the 3 possible scenarios: Tories win a majority - Bullish Sterling. Labour ...

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

lol — That's the million $ question. I will simply go into suck it and see mode. If I see signs of a buying climax on high volume, I will look to offload. I'll trail a stop if we move significantly above 145, so any buying climax 'should' be ...

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

Regurgitating analysis that Quecee made 2 weeks ago does not represent good. Anyway, hello Gucc/Zweig. etc

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

with the flow — Today looks bullish. Let's go with the flow. A retest of 145 looks very likely atm. All shorts will be fully hedged if we break 145.

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

Forget the last 6 hours. lol — Well, we're just about back to where we were pre- BS Japan news this morning.

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

5 SMA — Yep. Also, Daily 5SMA sits at 142.81. If we close the Daily below there, shorts stay in play.

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

lol — So much anger. I like you already. Post a fecking chart noob, otherwise you'll just find yourself on people's iggy lists. I know........you donotcare.

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

I take it you don't care.?

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

rumours etc.... — Blah, blah, blah. News out of Japan wants a weaker Yen etc etc. Anyone bored of their shit now. Been hearing this crap ever since I started trading and it's getting very tired. No wonder failed FX traders think the whole game ...

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

hmmm — I dunno. Bit odd that anyone would want to actively intervene at a time when volumes will typically be much higher. The 1hr TF had some bullish divergence which has now played out. I smell BS, but will cut if I need to.

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

S/L is mental, somewhere above 143.4 depending on the PA. My thinking is that we had a pretty big sell-off for Asia and this won't easily be reversed. 4hr doesn't look bullish to me, but i'll stay flexible. Not sure what you mean by selling is ...

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

short more — I could be wrong, but r/r is good I think. Added more short @ 142.76 and will add more until 143.12.

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