hey lilmoe, karmo, what's your take on this? Long/Short? I'm no scalper so this whipsaw action is really making me dizzy.

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

I'm hoping to cover my short 170.05 about 2 hrs before US open, hopefully somewhere in the 165 area or below. Federal or Goverment stooges are definitely gonna intervene tonight. Imagine the headlines tonight: Cox announces indefinite ban on all ...

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

looks like a shampoo formation on the small TF Hang Seng is over 1200 in the red

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

Sry but i'm not seeing it. I'm not sure you are able to justify your monthly chart since that seems like very ancient fib retracement/extension lines, especially since neither your wave 1 or wave 2 endpoints coincide with any retracement lines. I'm ...

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

well you're the one going long on this. for me, I'm not so sure that GJ has reached its full downside potential

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

UJ stupid thing simply won't die.

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

ASX has broken the psych 4k level

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

we're prolly drawing lines just slightly outta sync but this is the monthly chart so i guess a few hundred pips difference isn't unusual. My monthly resistance is in the 159-160 level which incidently is also the 161.8% fib extension on the third ...

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

I'm not too sure whats the significance of 164.50 but i'm seeing a 159-160.50 area of resistance on the downside.

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

The last time they successfully defended a level was when they intervened, and kept interveneing many many times. That was back when UJ was 80. Maybe you should start worrying when it reaches there Libor is up 22.6 bps to 4.75% curiously the 10 ...

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

another 8-9k pips run down. That would be sweet

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

welcome to the Asia dump. That US dump of 250 pips was nothing

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

karmo, are you long or short? Personally my bias is still short. Asia has yet to see this tank. Seriously Hang Seng +511.51 yesterday WTF??? I think everyone should also know that LIBOR 90 day rates jumped 22.6 bps during Euro/US session last ...

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

who here thinks the fed will extend their short sell ban?

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

This thread really is a breeding ground of custom indicators. newest addition: lilmoe smacking a hungry mozzie oscillator, now if anyone can translate that into Japanese and make it sound as cool as "Ichimoku Kinko Hyo" then we have a winner

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

so far the ones i've heard US Euro Zone UK Canada Hong Kong Switzerland Sweden China

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

well, who's now open for another 50 bp cut on the official meeting date?

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

i'm seeing a GBP90 billion bailout of UK banks. Are you serious??? That amount's gonna do diddly squat.

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

I think the main quandry is that we have no idea how those indicators are constructed let alone understand how reliable they are under different circumstances. The fact that FXlion has used such names doesn't help matters either.

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

very bad wrap there. not only are spreads constantly 11+ pips even during Euro/US session crossovers, longs are interest negative, shorts are double interest charged. kinda like when one of my workmates opened an account with GFT that guaranteed 3-4 ...

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