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

  • #2,381
  • Jul 31, 2007 11:08pm Jul 31, 2007 11:08pm
Quoting my2buoys
1H trend line has broken. MACD is bearish but RSI is flat and Momentum has actually turned up. Breaking down as I write.

M2B
Expand your lower windows so your indicators have some room to breath..You'll see a big difference
  • #2,382
  • Jul 31, 2007 11:10pm Jul 31, 2007 11:10pm
Gotta break 239.69 4h Pivot..
  • #2,383
  • Jul 31, 2007 11:10pm Jul 31, 2007 11:10pm
This is dropping on GBP weakness across the board
  • #2,384
  • Jul 31, 2007 11:10pm Jul 31, 2007 11:10pm
raise your hand if you want to see a 500 pip drop... ME!!
  • #2,385
  • Jul 31, 2007 11:11pm Jul 31, 2007 11:11pm
*raises hand*
  • #2,386
  • Jul 31, 2007 11:12pm Jul 31, 2007 11:12pm
its breaking down. heading towards 239
  • #2,387
  • Jul 31, 2007 11:12pm Jul 31, 2007 11:12pm
Quoting PipBuLL007
raise your hand if you want to see a 500 pip drop... ME!!


Hey!!! ME!!!! can u see my hand!!! i'm both hands up infront of my comp..... hahaha
  • #2,388
  • Jul 31, 2007 11:14pm Jul 31, 2007 11:14pm
im going to watch usd/jpy at the 118 lvl thats going to be major .. i think
  • #2,389
  • Jul 31, 2007 11:15pm Jul 31, 2007 11:15pm
Lost steam... I'm not TOO sure about 239..but if it does get there..we have support at 239.46, 239.09 So let's see!
  • #2,390
  • Jul 31, 2007 11:15pm Jul 31, 2007 11:15pm
There was a barrier at this level monday.
  • #2,391
  • Jul 31, 2007 11:16pm Jul 31, 2007 11:16pm
actually, having break tt resistance n we r still seeing such a slow movement, it could be tt there's still buyer buying at tis pt....
  • #2,392
  • Jul 31, 2007 11:17pm Jul 31, 2007 11:17pm
Nobody is in a hurry to get out. It's not backing off.
  • #2,393
  • Jul 31, 2007 11:19pm Jul 31, 2007 11:19pm
i scaled 25% of my position waiting to see if price doesnt move at the next 5 min candle i will scale another 25%
  • #2,394
  • Jul 31, 2007 11:20pm Jul 31, 2007 11:20pm
looks like 239.50 is going to hold until later tonight
  • #2,395
  • Jul 31, 2007 11:22pm Jul 31, 2007 11:22pm
any1 shorted G/J?
  • #2,396
  • Jul 31, 2007 11:22pm Jul 31, 2007 11:22pm
i still think 239.35 at the next pivot lvl should be a decent bet ..crosses fingers... hey sometimes its good to dream
  • #2,397
  • Jul 31, 2007 11:23pm Jul 31, 2007 11:23pm
I will get back in at 240.5, if it retraces that high.
  • #2,398
  • Jul 31, 2007 11:24pm Jul 31, 2007 11:24pm
still in for 25% of of position gonna put sl at break even
  • #2,399
  • Jul 31, 2007 11:25pm Jul 31, 2007 11:25pm
slow market. and people like us are concerning abt it...
  • #2,400
  • Jul 31, 2007 11:26pm Jul 31, 2007 11:26pm
I cut my longs right before the fall.
Anyone left with longs still going?

Orca
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