Closed longs — Closed my longs. Expect the usual bs bounce from resistance. Will consider re-longing after NY get to their desks.

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

J P Morgan Earnings — We shouldn't underestimate the importance of these results. Due in 5 mins. EDIT: 82c/share. WAY above estimates. BULLISH I think.

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

Rover breathes.... — ....a sign of relief. lol...... for now. Just following 4hr Gann + QQE now while we're in range. Gann + QQE is bullish and price has broken through 50ema, (yellow line). We obviously need to break out above 143.20, but a ...

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

It's OK — Patience. Big boys just setting up for next leg up. I'm still long and have added. If i'm wrong, I'll eat my dog. I don't have a dog.

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

That's good — Slow and steady. That's how I like my news announcements. More likely to show proper direction I think.

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

Yep, I will add more if we dip lower.

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

DPP — Testing the DPP for the third time, all dips bought. I'm long GY.

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

Exactly — Exactly. Not sure why everyone's so preoccupied with kaboom when there are pips to be made trading these moves. Only valid reason to short right now is for a scalp off resistance. Other than that, as Rgitt always says, TRADE THE ...

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

Sorry — sorry to hear your sad news Don.

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

143.23 — A bounce at 143.23 was always likely. The question is whether we revisit there again today. I think we'll see 143.50 soon enough.

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

1 hr Trend — Rgitt's joining the dark side! lol Not sure how high we'll go and the Daily UTL is something to watch out for, but the 1hr trend looks clear enough for now.. Chart. image

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

Thumbup — Great analysis. I like the way you think; clear, concise and it usually confirms my own thoughts.

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

Dollar — Dollar gaining against Yen, Gold, Sterling and Euro.

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

Building.... — Am building my short Gold position. Small positions as she goes.

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

Gold Weakness — Gold, however looks weak, (sellers). Chart. image

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

GY Strength — All joking aside and I have no crystal ball, but GY showing strength, (buyers) on the 15m TF. The two red and one orange increased volume bars say buyers. Chart. image

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

Rgitt's back!!!! You do know this is merely a blip for GY don't you? Medium term, I'm long GY unless we see 139.40 broken. Catch the pips man, they won't be there for long. Only kidding, good luck.

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

Yay — OK, early days as I said yesterday, but Gold is definitely showing signs of sellers. Sterling and Dollar set to benefit over the coming days I think. Still long GY, short Gold and short EU. I also said yesterday that 143.20 is key for ...

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

EU and Gold — On the 1hr chart are looking strinkingly similar. Not long now IMO, Gold will fall. This rapid move back up shows all the hallmarks of a stop hunt. The quicker the rise, the quicker the fall. I'm not married to the short, but ...

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

Trap IMHO — On Gold. Decreasing volume on 15m chart, price rising. Smell trap. We'll soon see...... image

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