Make of this what you will, but Bloomies showed some stats on how stocks/Dollar perform on rate day. 70% of the time stocks rise and Dollar falls.

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

OK — OK, so the bullish divergence has now 'played out' Let's see what price wants to do from here. Some bearish divergence present on the lower TFs and I have placed a few small shorts, but nothing major until I see clear weakness/divergence.

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

Agreed — Yep, it's what I see too bro. Looking for reaction to GY when it gets to 145.10 and AY when it breaks 81.00. Officially, by the time price gets there, 4hr divergence has played out in it's purest sense. Daily TF still looks like some ...

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

4hr Bullish Diverg — At some stage, this thing has to play out. Pretty heavy Bullish Divergence as well as being oversold. Will only short for pennies at the moment. Chart image

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

Out — Out of all shorts now. Bullish divergence and o/s on GY needs to play out before any further declines. Will look to short higher...

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

I wouldn't say UJ has provided companionship. AY has also tanked, as has EY. Looks like Yen is being bought. Could be some big moves imminently I think. Some pretty major supports being tested on the Yen pairs right now. (trend lines and previous ...

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

0.1% across the board — lol. Joke figures. Staying short bias I think...

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

You think? — Maybe not earth shocking, but remember, it fits very nicely with the BoJ's desire for a weaker Yen. If they're looking to weaken the Yen further, today might be the day they sell some Yen. We'll see...

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

aha — To close ot not to close. Hmmmm. Edit: Closed the short from 147.09.

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

with ya — I'm with ya. Went short @ 147.09. Signs of a slight buying climax here with 2 x 5m candles this hour being slight shooting stars on higher volume. Definitely some supply coming to market. Just need to find out how much....

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

30m chart for bears — A 30m chart for bears. Heavy Bearish divergence with RSI into o/b territory. Question is, just how far does price need to fall for this to play out... 145.5 maybe..? image

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

147.21 — 147.21 represents 2 things; previous resistance from Jan 22nd AND the 61.8% fibo retracement of the move down. If 147.21 breaks, it's more than feasible we'll retrace 100% to 148.92. Guess we'll soon know if my misgivings about longer ...

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

Careful Shorts — Some very strong buying of Sterling today. 4hr volumes support this upmove. image

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

Sterling — Sterling strength, not Yen weakness. All the other majors are struggling against the Yen. Upside limited unless Dollar jumps on board.

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

thanks — Thanks, will have a look at it.

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

Thanks — Thank you for this, very useful. I realise that any MT4 vol is not as accurate as say Esignal. The question is to try to find the most accurate MT4 feed there is. Hmmmm...

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

lol — I think he's saying you should forget whatever bias you have. Just imagine for a minute Obama's speech last week was an elaborate shakeout designed for the big players to buy cheaper.

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

BD on 15m — Just a heads up. Bearish Divergence on 15m TF.

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

Yep — Yea, let's see what happens when trading officially starts. Still looks bearish to me at the moment, but i'm not entirely convinced by a long term short call. (Reasons stated last Friday). Some longs placed at the gap close too, which ...

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

Thank you — Thanks pk. Can I deduce from this that you believe we're on W3 now unless we break 138. Then we're still in W2. I have a lot of reading to do...

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