Well — 2 things are happening this past few days for sure: Thousands upon thousands of retail accounts are getting terminated. Thousands upon thousands of retail traders are learning to hedge. (unless of course they trade in the US).

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

bet the farm..? — 120? You're brave. Doesn't look to me like we'll see 120 anytime soon, but we'll soon know.

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

lol — 20 pip dips are all we're gunna get until 200.

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

Patience..... — Patience required. The bearish divergences across the Yen pairs will play out at some stage. I'm seeing a retracement to at least 140 on GY and maybe as low as 138.x The problem with PA like this, and chasing it, is we have ...

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

chart volume — 15m chart showing high volume. (See arrows). It's funny because all day I've been seeing what look like signs of selling into each upmove only for the PA to continue higher. Hmmmmm image

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

143 — I have 143 for my UTL, but yea, keeping an eye on it certainly.

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

Sell orders at 142 — Highest volumes of the day on the 5m and 15m TF when price reached 142 ish. Indicates sell orders. Let's see how strong they are. Crazy PA. Scalpers paradise, but makes the swing traders nervous..... especially ...

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

Hmmmm — Quick move. Looks like it was being sold in to, but we'll soon know...

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

lol — OK, have closed my AY longs now and added another small short AY and GY. Want to see how Dollar holds up ovr the next session before adding UY short.

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

Watching 138 — I'm seeing a retrace down to the 138 region for the divergence to have played out. Am not discounting more upside if UY decides to strengthen, but like I said, I will add.....

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

Yep — Just placed small shorts on GY, AY and UY based on 4hr bearish divergence. Will add small positions even if we climb higher providing the divergences haven't been invalidated. I do have some AY longs in a sub account which I will look to ...

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

More upside IMO — There are pretty good indications of buying according to volumes. I think we've further to go based on the Daily TF. Just the merest hint of bearish divergence forming, but I will wait until we're overbought. chart image

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

Nice — I like the way you think Beljevina. Excellent insight as always.

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

Honestly, I have no clue, but I would expect price to come back to test 0.9135 at some stage. i'll be watching my charts for signs of divergence and overbought/sold conditions. Not sure why the market is getting so buoyant. Looks a bit trappish to ...

AUD/USD

Closed longs — Am out of my long trade now. Bullish divergence, although not completely played out on the Daily TF, is near enough for me. And the rise has been a rapid one which usually means retrace.

AUD/USD

I don't care. I'm not the one buying it.

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

Of course you do, just like the fairy godmother tucks us all in at night. If it looks like a dog, barks like a dog..... (I remember your post of 2 weeks ago asking us the best way to market a new EA you had developed. Not very altruistic isn't it) ...

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

For Geppy.... — You mentioned AU , maybe a short coming. Be careful of the bullish divergence on the Daily which hasn't played out yet. Also worth noting, we're not too far from the top for AY as well, so a re-test of 86 could be likely before ...

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

Classic — Fairly classic spamming going on I suspect. I hope people can see that. Post some reasonable comments/analysis for a few weeks, try to make friends, bide your time, suddenly make a comment about a 'system' you are developing, offer ...

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

cheers —

AUD/USD