Long Accumulation — Hints of long accumulation. May be trying to push this higher. Chart. blue rectangle over bar. Higher volume. image

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

from Piters vid post... — With this in mind, are you a follower or believer of socionomics? An interesting subject and one i'd never given too much thought about.

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

[quote=botadufig05;3023540] Reminds me of that joke about the 2 guys running away from a lion. One stops to put his running shoes on. 'What are you doing!!!' says his friend, 'We won't outrun the lion if we stop' To which the man replied; 'I don't ...

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

Thanks Piters — Just listened to all 4 parts. Thanks for sharing.

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

Temporary — A temporary stall I think. We go higher after a breather. I'm still long. 152.5 looks almost certain at some stage today.

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

astro stuff — Orionsway is yer man for that kind of stuff.

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

Probability.... — Little known fact: The Friday before labour day is typically an up day for stocks. (73% of previous lab day Fridays have been positive). I can't see any huge selling today before NFP and even taking that into consideration, ...

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

149.50 — There were buyers at 149.5, as indicated by the series of higher volume bars. We won't know how strong the buying interest is until we test this level again. I think this level will be tough to crack. Chart. image

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

Yea, for a scalp maybe.

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

149.50 — Will be difficult to break this level this session. Buyers stepped in when price hit it. I'm short, but not going all in for <149 just yet.

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

You probably know already..... — BP have discovered a 'massive' new oilfield in Mexico.

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

transparent — at this pre-report move.

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

Yep. — Am placing short orders below the rising price. Just had one hit at 150.32.

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

lol — Now that would be nice. 'I swear I found the key to the universe, in the engine of an old parked car' (Springsteen).

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

You think...? — Not for me. ES is bobbling along support and other Yen pairs such as AY have muted moves. Short bias is still the way to go IMO.

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

lol — I love your cryptic charts. At least they look cryptic to me.

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

You may get a dip lower when news is released, but 150 is a significant nut to crack. I'd be inclined to get out for a small loss if possible, but that's JMHO.

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

Shorts.... — Be careful of shorts now guys and gals. Smart money is unlikely to be bothered pushing GY lower from this level. Of course the bias looks down still, but that's what we all thought at 118. I'm flat now, but will monitor volumes to ...

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

decisions..... — lol. I wouldn't have thought the Asian session would bring many big moves today. Maybe some scalping for fun? .....But i've been wrong before.

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

Nope — Nah, we just collected it.

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