LOL call me crazy but for some reason i have 93.50 earmarked

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

true, good news these days is usually cooked however lately these pairs are also taking much worse than expected news with a grain of salt and whipping it in the opposite way.

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

broad based better than expected news for the jpy

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

UJ has touched 50% retrace on last move down. They'll be fighting here.

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

News — Q4 GM posts loss of $9.65 a share vs $7.39 consensus

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

reports coming out of a AIG bankruptcy and restructuring plan with a possible template for Citigroup if needed.

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

no i didn't mean that the jawboning is the only factor with this UJ movement. Ths UJ was due for a retracement anyway when it built up that level under 90. The upmove however has been exaggerated with the continuous talk and announcements of bailout ...

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

As long as the US keeps jawboning and/or offering/creating new stimulus/spending/pork packages day after day it seems the USD will remain strong. The one thing that has me worried is what will happen when they stop. Obama's interventionalist steps ...

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

What? GBP got smackdown last night.

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

The right shoulders on both those charts are very poorly defined. I find it very hard to consider that pattern a H&S at all.

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

If the pattern i display holds, we could have a quick visit down to 130 before it comes back up

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

something tells me this looks familiar.

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

Nappy chewing dingo? interesting analogy. You aren't having a Lindy moment are you? "The dingo took my baby!!!!"

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

Because if i don't understand it, i don't trust it. If i don't trust it, i won't trade it.

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

any news? Once again we get a crazy rally in the Asian session. These frequent and sudden rallies that move the beast 100-200 pips without retracement especially in the Asian session during very negative equity times is making out that there is an ...

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

but that top blue line isn't so much a neckline target as an "elbow-line". It would be the target if it breaks the 136 neckline but for the moment that level is holding quite strongly.

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

Hey Que I'm not sure where you are seeing the inverse shampoo with neckline 141. The inverse shampoo i'm staring at seems to have completed the pattern right on the neckline at 136.

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

40% ROFL. the US already owns over 100% of the company on face value of the preference shares upon immediate redemption. In fact if you were going on just capital injected + asset guarantees against market cap, they own over 2000% of the company.

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

was there some news event? That spike looks unnatural

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

based on history, i know this report has an immediate effect but the fact still remains that the amount of importance attached to the Retail Sales m/m is an absolute joke especially when its detailing the Christmas/New year month. The seasonality ...

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