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

  • #5,801
  • Aug 9, 2007 5:02pm Aug 9, 2007 5:02pm
Quoting auslanco
Hi guys, Hope you all had a profitable day so far I think within next few hours the pair will break support and give a little push to the south before it goes back to a ranging area.
Welcome back

you don't sleep!!! what is the time there now 6 in the morning?
  • #5,802
  • Aug 9, 2007 5:02pm Aug 9, 2007 5:02pm
Quoting auslanco
Hi guys, Hope you all had a profitable day so far I think within next few hours the pair will break support and give a little push to the south before it goes back to a ranging area.

How far south do you see it go before turning up???
  • #5,803
  • Aug 9, 2007 5:03pm Aug 9, 2007 5:03pm
Quoting VishalJ
Hey Aus! Boy you wake up early

LOL.. yehh 5am here.. getting ready for the Tokyo. We may not see anything big..but just keeping an eye
  • #5,804
  • Aug 9, 2007 5:03pm Aug 9, 2007 5:03pm
thats the same qn i have..


Quoting digitizer123
How far south do you see it go before turning up???
  • #5,805
  • Aug 9, 2007 5:04pm Aug 9, 2007 5:04pm
Quoting auslanco
"Dow- up, Dow-down, Dow-left, Dow-right oh my god" Looks like people have found another distraction to make losses.
Lol yeah.. this one chap was asking if DOW was related to GU. I am assuming he wanted to look at DOW charts.. if it went up, buy GU.. and so on.
  • #5,806
  • Aug 9, 2007 5:05pm Aug 9, 2007 5:05pm
Quoting auslanco
Hi guys, Hope you all had a profitable day so far I think within next few hours the pair will break support and give a little push to the south before it goes back to a ranging area.

you don't see a retracement in the cards first?
  • #5,807
  • Aug 9, 2007 5:05pm Aug 9, 2007 5:05pm
Quoting Abouelzelouf
Welcome back

you don't sleep!!! what is the time there now 6 in the morning?
usually 5 hours and a short nap before the London
  • #5,808
  • Aug 9, 2007 5:06pm Aug 9, 2007 5:06pm
Quoting PipBuLL007
what is SI?
Strong Indicator my friend!
  • #5,809
  • Aug 9, 2007 5:06pm Aug 9, 2007 5:06pm
Japanese data is out in Asia session, I think if it is worse than expected, G/J will go back to 242-243, if it is better than expected, we may see 236-237
  • #5,810
  • Aug 9, 2007 5:07pm Aug 9, 2007 5:07pm
we are almost in same timezone.. its 6AM here in Singapore and I have not slept for the night.. lolx...

wanna see GJ break free first =)

Quoting auslanco
usually 5 hours and a short nap before the London
  • #5,811
  • Aug 9, 2007 5:09pm Aug 9, 2007 5:09pm
Quoting markam
you don't see a retracement in the cards first?
I sure do... ... the pair retrace to 241.50 area again. before it will shoot down.. the market is ranging at the moment... nothing will happen until mid asian.

There's is a possibility the price start shoot down again too..
  • #5,812
  • Aug 9, 2007 5:10pm Aug 9, 2007 5:10pm
Well, just shorted the pair from here for 100 pips run. Let's see if it works out, since 30min already crossed red.
  • #5,813
  • Aug 9, 2007 5:12pm Aug 9, 2007 5:12pm
Quoting intelmaster
we are almost in same timezone.. its 6AM here in Singapore and I have not slept for the night.. lolx...

wanna see GJ break free first =)

Join the club mate
  • #5,814
  • Aug 9, 2007 5:13pm Aug 9, 2007 5:13pm
Quoting auslanco
I sure do... ... the pair retrace to 241.50 area again. before it will shoot down.. the market is ranging at the moment... nothing will happen until mid asian.

There's is a possibility the price start shoot down again too..
Good morning, Aus. And...
Where is the 241.5 coming from?

Oh, I see, that's where it comes down, originally.
  • #5,815
  • Aug 9, 2007 5:13pm Aug 9, 2007 5:13pm
Quoting mktjong
Well, just shorted the pair from here for 100 pips run. Let's see if it works out, since 30min already crossed red.
I may go short a small position.. too. My target is also 100 pips down before the retracement.
  • #5,816
  • Aug 9, 2007 5:16pm Aug 9, 2007 5:16pm
Quoting trader8686
Good morning, Aus. And...
Where is the 241.5 coming from?
241.50 is yestarday mid level... don't try to catch the retracement now... there could be a shoot downwards before a retracement.
  • #5,817
  • Aug 9, 2007 5:17pm Aug 9, 2007 5:17pm
Hey Aus,do u keep an eye of some Asian(japanese) indexes or this kind a stuff?
  • #5,818
  • Aug 9, 2007 5:17pm Aug 9, 2007 5:17pm
Quoting auslanco
I may go short a small position.. too. My target is also 100 pips down before the retracement.

Cool, let's get the momentum going http://www.forexfactory.com/images/icons/icon7.gif
Thanks Aus for letting me know the indicator "SI" which I think is pretty powerful.
  • #5,819
  • Aug 9, 2007 5:18pm Aug 9, 2007 5:18pm
Quoting auslanco
I may go short a small position.. too. My target is also 100 pips down before the retracement.

Let me get this straight. You think it will go down, then retrace to 241.5, then dive down (I guess below the upcoming downward motion) then range for a while in that level.

While you're at it, can you tell me tomorrows lottery numbers.
  • #5,820
  • Aug 9, 2007 5:20pm Aug 9, 2007 5:20pm
Quoting auslanco
241.50 is yestarday mid level... don't try to catch the retracement now... there could be a shoot downwards before a retracement.

Bunch of us are already in long including Karmo . . . but the bottoming process is taking too long.
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