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-   -   Auslanco - GBP/JPY and GBP/USD (newstrade) (https://www.forexfactory.com/thread/40582-auslanco-gbpjpy-and-gbpusd-newstrade)

FxPipz Jun 1, 2009 10:21am | Post# 180321

no hedging allowed .. you say short with target 154 and next post ...' all longs closed 158 ' . ?????

this is what this thread is coming to .. this is BS
I think he have hidden agenda

ukdaytrader Jun 1, 2009 10:22am | Post# 180322

who knows..?
 
Can anyone explain fundaamentally what the heck is causing this pair to appreciate as it is. I get that the USD is in the crapper, but England is broke along with everyone else. What is it they are not as broke as some other country and what makes the GBP so valuable? Or is it just speculation and part of the buy and sell world
I've said this before but it's worth repeating; who the heck cares why GBP is rising? If we all just looked at our charts, we will see no short entries other than speculative punts, (I'm guilty of those too if I'm honest).

I keep hearing traders here say that the UK is in the dump, but it's remember the world is a level playing dump right now.

Funnymentals are there to fool us all. How the hell can we be able to take fundies into consideration when the big players already know what they're going to do.

The only thing retail traders like us can do is jump on the coat tails of the market movers.

azibi Jun 1, 2009 10:22am | Post# 180323

eur, cable, usd/yen, gbp/yen heavily overbought now. Just went short gbp/yen at 90 and cable at 16405

23e Jun 1, 2009 10:23am | Post# 180324

short I do not know

paogeh Jun 1, 2009 10:23am | Post# 180325

500 pipp move this soon, somethong much bigger going on and it killing me acct
u're not alone.....me too ,

DD from 20% become 30% ......this is bad ....

suntzu Jun 1, 2009 10:23am | Post# 180326

2nd SL hit...mmm...am losing almost -500pips today...see how my new short from 158 with Sl 158.50..what happen tomorrow...but 900 tanking is on the way...happy green pips to all...
sorry to read this mate

malcolmb14 Jun 1, 2009 10:23am | Post# 180327

respect
 
2nd SL hit...mmm...am losing almost -500pips today...see how my new short from 158 with Sl 158.50..what happen tomorrow...but 900 tanking is on the way...happy green pips to all...

respect to you ..... not many bold enough to admit their losses

sorry to hear things not going well.

GM goes down and market goes up fast as feds bailing them out ... go figure what total BS. If Feds were a company they would have bankrupt ages ago

dreed Jun 1, 2009 10:24am | Post# 180328

I just shorted at 158.05
I also took a short, entry 157.99, with a 50 pips stops... Let's see if it has reached it top and head down for us.

Iphonetrader Jun 1, 2009 10:25am | Post# 180329

sold at 158.09
 
tp 156.91 looks like g/j may just try to go to 164 this week, ill just keep scalping for now no long term trades at this point

Charle Jun 1, 2009 10:27am | Post# 180330

1 Attachment(s)
Looking at this monthly chart, she might go up to 38.2% at 169.336 before the big ride down is going to start. At the moment I do not see any short signals at all.
Click to Enlarge

Name: geppy 01_06_09 mn.gif
Size: 18 KB

malcolmb14 Jun 1, 2009 10:27am | Post# 180331

this is insane
 
1 Attachment(s)
the volumes on 4 hours are very low .... who is driving this.

Grashid said 900 pip down ... something is cooking and he may be right on this.

However we may well test 1598.5 to 160 at this rate before any kind of drop.

I hate to say this but I have been using price action today and indicators as volume makes NO sense. The GJ is being marked up again like crazy under low volume

Click to Enlarge

Name: GBPJPY3MIN173.png
Size: 201 KB

grashid Jun 1, 2009 10:29am | Post# 180332

sorry to read this mate
mm...this is lesson of violating my own analysis...damm..i should not..now almost getting mad..lost ~USD 25K in one day...B******....oh my god...if this is last short hit again my SL...am thinking to withdrwal all my balance from my current std acc and close it and move back to my mini..and take a rest for 1-2 day....good luck to you...

currencyexch Jun 1, 2009 10:29am | Post# 180333

respect to you ..... not many bold enough to admit their losses

sorry to hear things not going well.

GM goes down and market goes up fast as feds bailing them out ... go figure what total BS. If Feds were a company they would have bankrupt ages ago
Yjey did go bankrupt in 1933 and have been in what is called a state of reorganization since. Every municpailty and govt is a corporation, ther're all listed on dun and bradstreet, But it doesn't matter if they're all in the same boat.

malcolmb14 Jun 1, 2009 10:29am | Post# 180334

no demand
 
I also took a short, entry 157.99, with a 50 pips stops... Let's see if it has reached it top and head down for us.


no demand bar on 5 min around 158 ..... you maybe lucky and get a retrace HOWEVER Vsa stuff is not working worth a damn today as GJ is being marked up

Pirin Jun 1, 2009 10:30am | Post# 180335

I've never made so much money in a single day First the XAU/USD drop and after that the AUD/JPY + GBP/JPY rise ... beautiful +2146 to my account.

azibi Jun 1, 2009 10:31am | Post# 180336

the volumes on 4 hours are very low .... who is driving this.

Grashid said 900 pip down ... something is cooking and he may be right on this.

However we may well test 1598.5 to 160 at this rate before any kind of drop.

I hate to say this but I have been using price action today and indicators as volume makes NO sense. The GJ is being marked up again like crazy under low volume

Attachment
Yes that's correct in the up moves I see on my (ECN) broker screen for more then a few times that the bids are priced higher as the offers, talking about marking up!!

I like steak Jun 1, 2009 10:33am | Post# 180337

mm...this is lesson of violating my own analysis...damm..i should not..now almost getting mad..lost ~USD 25K in one day...B******....oh my god...if this is last short hit again my SL...am thinking to withdrwal all my balance from my current std acc and close it and move back to my mini..and take a rest for 1-2 day....good luck to you...
ooouch!

I did not loose 25K (ooouucchh! ) but messed up one account - the other account will no trade the retrace....

suntzu Jun 1, 2009 10:34am | Post# 180338

mm...this is lesson of violating my own analysis...damm..i should not..now almost getting mad..lost ~USD 25K in one day...B******....oh my god...if this is last short hit again my SL...am thinking to withdrwal all my balance from my current std acc and close it and move back to my mini..and take a rest for 1-2 day....good luck to you...

resting is the best thing for you now

kuzey Jun 1, 2009 10:36am | Post# 180339

Looking at this monthly chart, she might go up to 38.2% at 169.336 before the big ride down is going to start. At the moment I do not see any short signals at all.
your Fibonachi drawing is wrong
you should draw it after retracement on the middle

grashid Jun 1, 2009 10:36am | Post# 180340

what to do mate...
 
respect to you ..... not many bold enough to admit their losses

sorry to hear things not going well.

GM goes down and market goes up fast as feds bailing them out ... go figure what total BS. If Feds were a company they would have bankrupt ages ago
am violating my own analysis....that is why i have so many iggy list to avoid from messy up my reference...now only left a few including you, piter, rgiit, scrat, PB & Q..since the rest of my buddy is no more see here....am hoping this will clean up all my overview in my next analysis...am already saw this my UTL ~ 156.50-158 level after saw GU is not able to close below 1.6 on Friday and keep moving to 38.2% his monthly fib...now am wasting 500pips in GY and 300pips in GU....very bad day and worst ever trading in my life...looking to withdrwal all the money from this std if 158.50 SL hit again....Good luck to you mate...


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