hmmmm — Now there's an idea.... *Looks up ewokuk profile*

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

lol — Giving someone a vouch in the hope they'll bugger off.

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

well..... — ...it bounced perfectly off of the LTL. Has been doing this all week. There will have been a ton of long orders sitting at 139.65. But, they are likely only scalps. Medium term GY has a date with 138.2.

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

should have traded it. — Here's the bounce. Am still gunna hold AY short for a retest of 79.12. Looks very bearish now, lower highs coupled with no significant Aussie bounce effect.

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

LTL — The LTL also sits at 139.68... ish. Going by the PA this past 3 days, we should see a bounce there.

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

lol — Yea, I think the Aussie unemployment figure has thrown the other Yen pairs off track. I would have thought that if GY was to climb though, it would have done so last night. Yen pairs do not look long to me right now, especially Sterling. ...

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

Look at this..... — Beautiful example of price respecting TLs. Every time price has touched the LTL, it has bounced pretty strongly. Forming a nice bear flag. 141 represents some significant support/resistance now as well as being bang on 50% ...

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

and again.... — Just added a second long @ 140.26. Not convinced yet by a sustained move down and the 5m TF is o/s and has bullish divergence. Average price - 140.49.

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

Careful — Whilst I don't disagree with longer term shorts, triple tops are usually a heavy indication of an imminent break. Set-test-break. Just something to be wary of.

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

Long — Just went long on the dip. We've tested this level 3 times now, so it's a reasonable r/r that we'll break it. Short term volumes suggest some buying too. Some lovely bearish divergence building on the 4hr TF, but not yet I think. Long @ ...

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

lololol — ....and a bailout for the mighty Greece helps Sterling and the Dollar how? Does someone think the EU have a spare £180Bn and $1.3Trn down the back of their collective couch? This is not good news. In fact, it's pretty shitty ...

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

ha ha ha — That's 4 pretty significant bounces off the LTL now. Dey playin' ping pong wit us. I know for a fact that there will be many frustrated traders hoping for the break of support.

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

Don't like it — Hmmm, don't mind admitting i'm not sure right now on sentiment. Seeing sharp buying off the LTL each time it's been touched, but it all looks a bit too convenient. Almost like trying to convince everyone of the retracement to ...

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

any chance..... — Any chance this thread can return to trading ideas and analysis please. The smileys are ever so funny, no matter how many times I see them, I just don't want to waste any more of my time reading them. It's bad ...

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

Tired — Patience pills or not, i'm tired of this daft PA now. Price respecting the ltl and making higher lows, but volumes suggest little interest in buying right now.

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

agreed — Frustrating day for me. How you say ..... whipsaw!? Some days I catch the extremes very nicely, other days, I get caught.

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

Get one. If you're short, you may need to kick it. (jok)

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

Patience — Patience is key. 2 huge bounces already today off support. What do you think that means? Exactly the same happened at 118. Every man and his dog who are short could be very surprised.

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

Yep — Sterling is key I think. The Yen pairs are above their weekly open price, but Sterling is still having a tough time against the Dollar. Dollar/Yen looks a good pair for today.

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

Not sure why the thought of intervention sounds so fanciful. The bounce happened immediately at the Frankie open after what was a very bearish Asian session. It's classic BoJ stuff. Last week's strong bounce off 138.30 could have been attributed to ...

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