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

  • #225,241
  • May 19, 2010 1:23am May 19, 2010 1:23am
Quoting grashid
Its ok.

Remeber guys and all of you. What ever i post here is exactly what i saw and that is my position. However this thread is only to raise our point of view and ot a decision to be use for your entry in your trading as this is not signal service.

All the risk is purely 100% own by you. So just filter out. Like yesterday people keep calling long n long..i just keep smile while they may overlook some noisy of outside market talk.

So remember, dun follow blindly. This is my trade and point of view and just use to check with ur own. If found...
Now I dont like you...you remind me the banned dude with funky english
  • #225,242
  • May 19, 2010 1:24am May 19, 2010 1:24am
Quoting grashid
Its ok.

Remeber guys and all of you. What ever i post here is exactly what i saw and that is my position. However this thread is only to raise our point of view and ot a decision to be use for your entry in your trading as this is not signal service.

All the risk is purely 100% own by you. So just filter out. Like yesterday people keep calling long n long..i just keep smile while they may overlook some noisy of outside market talk.

So remember, dun follow blindly. This is my trade and point of view and just use to check with ur own. If found...
Exactly.... I am hear to put my view out there and to hear other people's viewpoints to see if I miss something... My bias also depends on the time-frames we are talking about so I could be a bull for the day but a bear for the week and month..
Traderdesk -
  • #225,243
  • May 19, 2010 1:26am May 19, 2010 1:26am
Take a look on UJ, Move above 92.00, GJ still can try@132. If not sell all the way.
Hope london boy can help us push up a bit for i picking sell setup.
  • #225,244
  • May 19, 2010 1:30am May 19, 2010 1:30am
im long gbp/cad from 1.49 to 2.00
  • #225,245
  • May 19, 2010 1:30am May 19, 2010 1:30am
Quoting special0nefx
Take a look on UJ, Move above 92.00, GJ still can try@132. If not sell all the way.
Hope london boy can help us push up a bit for i picking sell setup.
Yes U/J is pushing the upper trend-line on a bear wedge on the 15 min. chart... If PA breaks above it then I would look for GBP to reflect in kind... Just throw up a G/J and U/J 15 minute chart and draw bear wedges on both currencies to see what I mean...
Traderdesk -
  • #225,246
  • May 19, 2010 1:31am May 19, 2010 1:31am
As Grashid says, this thread is a talking shop, not a signal service. It is important to filter out the stuff that won't help our own trading. If someone posts a trade and you don't understand it, just ask politely.

Pretty simple really.
  • #225,247
  • May 19, 2010 1:33am May 19, 2010 1:33am
Quoting ukdaytrader
As Grashid says, this thread is a talking shop, not a signal service. It is important to filter out the stuff that won't help our own trading. If someone posts a trade and you don't understand it, just ask politely.

Pretty simple really.
  • #225,248
  • May 19, 2010 1:34am May 19, 2010 1:34am
I closed everything out to see what london is up to.

Just looks like it could fly 300 pips in any direction at this point to me.
  • #225,249
  • May 19, 2010 1:35am May 19, 2010 1:35am
Quoting Kamikaze456
I think if we see a close below 1.4358 on GU, tomorrow will be a heavy ride down especially with it being a heavy demand area broken and the GBP under threat of losing it's AAA rating...
100+pips
  • #225,250
  • Edited 1:48am May 19, 2010 1:36am | Edited 1:48am
Quoting Beljevina
Looks like it's having trouble getting over 131.8. If it's to continue, it'sneed to dip down, probably a 100 pips or so to build further support. GY saw buying volume in the last hour at 131, but apparently not enough. Then again, EURUSD is getting nothing but bearish sentiment and FTSE futures are set for a down open, so, lower it might be IMHO.
Yes, now we really see 131.8 as Beljevina point out. Is hard to break. Possible down if still don't break at london hours
Great break already. Now see how she goes.
No further up , i think she will come test 131 again
  • #225,251
  • May 19, 2010 1:38am May 19, 2010 1:38am
London has been selling Gbp like crazy. They may try a few long head fakes but they eventually take it down strong. Let's hope it will be the same again today.
  • #225,252
  • May 19, 2010 1:47am May 19, 2010 1:47am
Quoting Clouds
im long gbp/cad from 1.49 to 2.00
1.49 to 2.00?? Maybe a typo but if not how long do you expect that to take!

Do you have a chart you could share?
  • #225,253
  • May 19, 2010 1:50am May 19, 2010 1:50am
My second sell is pending at 132.60. Hopefully it will spike up to trigger it. This is like a dream setup. Frankhurt brings it up for sell bargains then London takes it down.
  • #225,254
  • May 19, 2010 1:56am May 19, 2010 1:56am
Quoting special0nefx
Yes, now we really see 131.8 as Beljevina point out. Is hard to break. Possible down if still don't break at london hours
Great break already. Now see how she goes.
No further up , i think she will come test 131 again
zzz 131.8 turn into support now for furthur down...crazy PA
  • #225,255
  • May 19, 2010 2:02am May 19, 2010 2:02am
GY just touched the day's open at 132.197. We should know it's intended direction in the next 20-30 min, although there could be head faking towards the DPP for both GY & GU. Something doesn't seem fitting for a down move just yet. Guess we'll see as equities open. Sorry to post almost meaningless stuff, just not comfortable it's going down just yet; breaking 130 today would be pretty major, and the sentiment just doesn't seem completely set. Here's the current opening view:
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-19_025748.png Size: 331 KB
  • #225,256
  • May 19, 2010 2:06am May 19, 2010 2:06am
anybody know what's going on... I'm getting some crazy cross quotes!
check out my blog: forexmademillionaire dot com
  • #225,257
  • May 19, 2010 2:09am May 19, 2010 2:09am
Quoting Geppy
anybody know what's going on... I'm getting some crazy cross quotes!
Angela Merkel is doing the sales pitch to the German parliament; looks like EURUSD reacted vehemently, and GU followed. Let's hope contagion reins for all fx bears.

EDIT: I can't recall seeing a 50 pip wick on a 70 pip M5 candle for EURUSD - a likely sign of bulls defending their turf.
  • #225,258
  • May 19, 2010 2:10am May 19, 2010 2:10am
wtf i can't see my price move zzzzzzzz
  • #225,259
  • May 19, 2010 2:10am May 19, 2010 2:10am
LOL.. when Elephants playing in BOND Garden..

better to sit back and watch...

many UK Bond players are pissed...

and Pray Merkel to leave EUR to float.. She may take the Chinese recipe and link EUR to USD on 1:1.2

And then, we definitely start trading PORK BELLY FUTURES

http://www.infinitytrading.com/pork_...s_options.html
  • #225,260
  • May 19, 2010 2:10am May 19, 2010 2:10am
Quoting Beljevina
Angela Merkel is doing the sales pitch to the German parliament; looks like EURUSD reacted vehemently, and GU followed. Let's hope contagion reins for all fx bears.
Ahhh, I see... my platform is like a friggin laser light show!
check out my blog: forexmademillionaire dot com
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