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Auslanco 15min GBP/JPY startegy 630 replies

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

fall down to 205 pls
critical point
short short short
coming soon
Guys, Dont be married to ur positions. As much as i like this beast to drop like a stone ( as i benefitted yesterday). i have since closed all my shorts at 204.8 and was waiting to enter into shorts higher.

I expect it to retrace at least to 50 % of the move down which i expected to happen during the asian session last night. Buut GJ hardly budged higher last session which got me thinking if there would be any retracement at all.

but i really couldnt ignore the 4 hourly Pinbar on GJ and the fact that dollar is selling today makes me think that there will be retracement to 207. so i played 2 long and which are sitting nice ly in green as i write this.
I will reevaluate at 207 but my expereince in the last 1 month tells me that GJ may go higher than 207 during this leg up.

Over the last month, u might have noticed that GJ has hardly moved during DOWN days on dow and has rocketed up on days even when there is very little good news which tells me that someone with deep pockets is carrying this carry trade literally higher. which is why it i think that it has legs higher than 207.

But lets see how this play out.
I will silently stand aside and watch speech effects.. unpredictable now, u wouldnt want to buy a top.
Quoting Togy
4H Gann HiLo on my VT is 206.32 ......
H&S on 4H.?. what a beauty
-------------------------

Maybe timezone, or server but:

VT 4H at 206.77

http://www.doske.com/Charts/snapshot-143.png

eSignal Gann HILO [4H] at 206.67

http://www.doske.com/Charts/snapshot-144.png
the stock looks a bit worried about the conference...
Quoting iksh
Guys, Dont be married to ur positions. As much as i like this beast to drop like a stone ( as i benefitted yesterday). i have since closed all my shorts at 204.8 and was waiting to enter into shorts higher.

I expect it to retrace at least to 50 % of the move down which i expected to happen during the asian session last night. Buut GJ hardly budged higher last session which got me thinking if there would be any retracement at all.

but i really couldnt ignore the 4 hourly Pinbar on GJ and the fact that dollar is selling today makes me think that there will be retracement to 207. so i played 2 long and which are sitting nice ly in green as i write this.
I will reevaluate at 207 but my expereince in the last 1 month tells me that GJ may go higher than 207 during this leg up.

Over the last month, u might have noticed that GJ has hardly moved during DOWN days on dow and has rocketed up on days even when there is very little good news which tells me that someone with deep pockets is carrying this carry trade literally higher. which is why it i think that it has legs higher than 207.

But lets see how this play out.

Eastern European banks started buying this cross this morning, but they stopped just before 205....
Quoting Islander
Now there has been some change - cable's taken off after its small retrace, so with the Dow still supporting UJ, GJ's broken above its weekly pivot at 206.13 and its heading for the 50% retrace off my hour chart at 206.59 and then its monthly pivot at 207.32.

Up 250 off this morning's low, so far with no signs that this rally is slowing down - BUT the CB guys start jawing in 25 mins - time to lighten up and lock in some profits.....
I think it was the good news on CHF dragging EU and GU up. Also, EU has been stubborned to stay above 1.55. I actually had a EU long @1.5527 last night and caught up the up move .. very nice one
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
long at 206.00
TP1 207.13
TP2 209.00
SL 205.00


No Gut no Glory!!!

Who else long?
hope bernanke and others will say sth good for $$
Quoting kosh
long at 206.00
TP1 207.13
TP2 209.00
SL 205.00


No Gut no Glory!!!

Who else long?
You should wait for 4H gann.. too risky to go LONG from here.. anyway it is your business..
Price bounced off 4hr Gann.

This is my contrarian view again:

Eastern European Banks buy the pair. Market goes long. Eastern European banks offload long positions as price rises above 205/206. Market thinks it's a dead cert rally. Short positions closed, Longs opened. Price spike on last buy order and the real order is then feed in. Price drops through to 198. Just my ramblings. Still holding Short
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
Quoting Piters
You should wait for 4H gann.. too risky to go LONG from here.. anyway it is your business..

it risky that why i took only a small position
shakesfx im short too ur short from >207
Quoting kosh
long at 206.00
TP1 207.13
TP2 209.00
SL 205.00


No Gut no Glory!!!

Who else long?
Quoting kosh
long at 206.00
TP1 207.13
TP2 209.00
SL 205.00


No Gut no Glory!!!

Who else long?
iam waiting UJ @ 105.00-20 for shorts
dont want to go long on rev.

cangratz me with my 500 post!!
trichet will worry about volatility thus sending eur up to the sky, bernanke will feature credit crisis sending usd down, shirakawa will relate to potential interest raises making yen continue what it did yesterday, so short now? gj seems very undecided, range down to deadways.
Quoting shakesfx
Price bounced off 4hr Gann.

This is my contrarian view again:

Eastern European Banks buy the pair. Market goes long. Eastern European banks offload long positions as price rises above 205/206. Market thinks it's a dead cert rally. Short positions closed, Longs opened. Price spike on last buy order and the real order is then feed in. Price drops through to 198. Just my ramblings. Still holding Short
call it contrarian if you like but this scenario is just downright villainous (i recited it in my head using the Dr.Evil voice) you should star as a 007 baddie
Quoting shakesfx
Price bounced off 4hr Gann.

This is my contrarian view again:

Eastern European Banks buy the pair. Market goes long. Eastern European banks offload long positions as price rises above 205/206. Market thinks it's a dead cert rally. Short positions closed, Longs opened. Price spike on last buy order and the real order is then feed in. Price drops through to 198. Just my ramblings. Still holding Short
but why would eastern european banks try and trick traders all over the world
Quoting Piters
H&S on 4H.?. what a beauty
-------------------------

Maybe timezone, or server but:

VT 4H at 206.77



eSignal Gann HILO [4H] at 206.67
A thing of beauty isn't it? =

I see 202.60 area as the next resting place. . .
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