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

  • #1,721
  • Jul 31, 2007 7:19am Jul 31, 2007 7:19am
GBP/USD (news trade signal)


BUY NOW

please trade this @ your own risk




  • #1,722
  • Jul 31, 2007 7:19am Jul 31, 2007 7:19am
Quoting emda
yes. and if it is bad.. everything is going down... better stay out of the news...
If it's bad, GU will go up and might pull GJ up with it
Trade what you see, not what you think.
  • #1,723
  • Jul 31, 2007 7:22am Jul 31, 2007 7:22am
ok.. then I am still in...
I trust auslanco's news call.. also.. USD is stronger than Yen now.. and UJ is going to push GJ too.
  • #1,724
  • Jul 31, 2007 7:23am Jul 31, 2007 7:23am
Quoting auslanco
GBP/USD (news trade signal)


BUY NOW

please trade this @ your own risk



Hey Auslanco,
What're your plans for SL and TP on this??
  • #1,725
  • Jul 31, 2007 7:24am Jul 31, 2007 7:24am
Quoting shaun365
Hey Auslanco,
What're your plans for SL and TP on this??
I believe it is -40 and +60.
  • #1,726
  • Jul 31, 2007 7:24am Jul 31, 2007 7:24am
TP 2.0400

SL 2.0295
  • #1,727
  • Edited 7:27am Jul 31, 2007 7:26am | Edited 7:27am
Quoting auslanco
TP 2.0400

SL 2.0295
If you're trading a news item wouldn't it be better to keep the SL closer to the price so that if the news goes against you then you exit the trade relatively unscathed?
  • #1,728
  • Jul 31, 2007 7:26am Jul 31, 2007 7:26am
looks like g/j completed a 3-drive (127%) on H1/H4 and might fall down to 240.5 area
  • #1,729
  • Jul 31, 2007 7:28am Jul 31, 2007 7:28am
Quoting AndyPass
If you're trading a news item wouldn't it be better to keep the SL closer to the price so that if the news goes against you then you exit the trade relatively unscathed?

No .. if the news comes USD positive it should have enough space to move before go up
  • #1,730
  • Jul 31, 2007 7:33am Jul 31, 2007 7:33am
*jun Personal Income: 0.4% V 0.5%e; Personal Spending: 0.1% V 0.1%e
*jun Pce Core M/m: 0.1% V 0.2%e, Pce Core Y/y: 1.9% V 1.9%e; Pce Deflator: 2.3% V 2.3%e
  • #1,731
  • Jul 31, 2007 7:36am Jul 31, 2007 7:36am
stay with your news trades GBP/USD
  • #1,732
  • Jul 31, 2007 7:38am Jul 31, 2007 7:38am
Quoting auslanco
stay with your news trades GBP/USD
Whats th story with GJ?
  • #1,733
  • Jul 31, 2007 7:40am Jul 31, 2007 7:40am
Quoting auslanco
stay with your news trades GBP/USD
are you sure?
this is scary
  • #1,734
  • Jul 31, 2007 7:40am Jul 31, 2007 7:40am
Quoting auslanco
stay with your news trades GBP/USD
The news came 0.3% in favour of USD instead of 0.4%.
Does this mean that GU will come down a bit before it come up online?
  • #1,735
  • Jul 31, 2007 7:42am Jul 31, 2007 7:42am
Quoting auslanco
TP 2.0400

SL 2.0295
thanks a bunch... did real good with g/y sign
  • #1,736
  • Jul 31, 2007 7:43am Jul 31, 2007 7:43am
Would you say that this is typical news "Whipsaw" action to take out the weak longs?
I have seen many times after news, the price come down quick to grab all the tight SL's only to resume it's trend (UP in this case).

Thoughts...
  • #1,737
  • Jul 31, 2007 7:46am Jul 31, 2007 7:46am
Quoting hycebee
The news came 0.3% in favour of USD instead of 0.4%.
Does this mean that GU will come down a bit before it come up online?

the news is USD positive ..we have good SL..it will go up
  • #1,738
  • Jul 31, 2007 7:47am Jul 31, 2007 7:47am
Quoting cesande
Would you say that this is typical news "Whipsaw" action to take out the weak longs?
I have seen many times after news, the price come down quick to grab all the tight SL's only to resume it's trend (UP in this case).

Thoughts...
The news is USD positive .. thats why the spike down.. but it will go up eventually
  • #1,739
  • Jul 31, 2007 7:49am Jul 31, 2007 7:49am
gbp/jpy....how low will we go?
any idea?

Lori
  • #1,740
  • Jul 31, 2007 7:49am Jul 31, 2007 7:49am
Auslanco... sorry but I don't understand... USD positive... so USD is getting stronger... and GBP / USD should go down... because GBP is weakening in relation to USD
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