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

  • #21,021
  • Sep 4, 2007 6:15am Sep 4, 2007 6:15am
Quoting MikeW
I have my TP at 232.05, can everyone relax until then please.

Mike
Hang tough buddy, i went short from 232.85 and jumped out @ 232.40. got spooked with all the chatter that has nothing to do with this thread strategy. its my own fault.
  • #21,022
  • Sep 4, 2007 6:18am Sep 4, 2007 6:18am
Quoting bill77
Hang tough buddy, i went short from 232.85 and jumped out @ 232.40. got spooked with all the chatter that has nothing to do with this thread strategy. its my own fault.
Sorry Bill .. it's funny to hear that
Btw, I also went short at about 1 hr sma @233.82, still open though.
  • #21,023
  • Sep 4, 2007 6:25am Sep 4, 2007 6:25am
Quoting bill77
Hang tough buddy, i went short from 232.85 and jumped out @ 232.40. got spooked with all the chatter that has nothing to do with this thread strategy. its my own fault.
Yeah, sometimes it's a bit difficult to stay focused when everyone gives conflicting opinions.

  • #21,024
  • Sep 4, 2007 6:28am Sep 4, 2007 6:28am
Quoting Zoran
Market announcements and news (as written in papers) are two different things. Be alert during announcements but read the news for entertainment! The subprime news is old now.
I meant announcements obviously.. like a surprise fed cut
  • #21,025
  • Sep 4, 2007 6:31am Sep 4, 2007 6:31am
Bill,

You live down in Geelong don't you? I hear you got some strong winds last week while I was up in QLD.
  • #21,026
  • Sep 4, 2007 6:32am Sep 4, 2007 6:32am
Quoting VishalJ
I meant announcements obviously.. like a surprise fed cut
Btw, is there any indicator that is quite effective anticipating that instead of taking the hit http://www.forexfactory.com/images/icons/icon10.gif
  • #21,027
  • Sep 4, 2007 6:39am Sep 4, 2007 6:39am
Quoting bill77
Do you remember the house in the wizard of oz, yeh i nearly ended up in the gold coast with you lol

st leonard, 100m from beach. can't whait for summer
Nothing like a good breeze to blow away the cobwebs
  • #21,028
  • Sep 4, 2007 6:45am Sep 4, 2007 6:45am
The price just said hello and shook hands with the 1hr 5sma.
  • #21,029
  • Sep 4, 2007 6:49am Sep 4, 2007 6:49am
Quoting mktjong
Btw, is there any indicator that is quite effective anticipating that instead of taking the hit http://www.forexfactory.com/images/icons/icon10.gif
We'd all be George Soroses then.. I'm sure the big boys know a couple of minuted beforehand (leaks et al) For instance before the Feds cut the rates to the banks.. GJ started jumping up 10-30 pips.. I've seen it happen a couple of times before the NFP too.
  • #21,030
  • Sep 4, 2007 6:50am Sep 4, 2007 6:50am
Quoting bill77
Hang tough buddy, i went short from 232.85 and jumped out @ 232.40. got spooked with all the chatter that has nothing to do with this thread strategy. its my own fault.
Don't worry mate.. you can short again after a retracement
  • #21,031
  • Sep 4, 2007 6:54am Sep 4, 2007 6:54am
Quoting VishalJ
We'd all be George Soroses then.. I'm sure the big boys know a couple of minuted beforehand (leaks et al) For instance before the Feds cut the rates to the banks.. GJ started jumping up 10-30 pips.. I've seen it happen a couple of times before the NFP too.

rite but that also might be the big boys on the playground Can't count on them
  • #21,032
  • Sep 4, 2007 7:03am Sep 4, 2007 7:03am
Quoting VishalJ
Don't worry mate.. you can short again after a retracement
How far do you think it can retrace?
  • #21,033
  • Sep 4, 2007 7:05am Sep 4, 2007 7:05am
Quoting bill77
sounds good to me, need to bye a boat the fish are whaiting for me by the way, 8 minutes to the new 4h candle. if mom goes up things can be diferent. we might get the retracement to 4h sma. or i can be corected.
Does this new 4hr. bar confirm the cross down on the QQE?
  • #21,034
  • Sep 4, 2007 7:08am Sep 4, 2007 7:08am
Quoting bill77
yes it does rodders but things can change again after the next candle i supose with this pair.
No doubt! We must be ever watchful!
  • #21,035
  • Sep 4, 2007 7:09am Sep 4, 2007 7:09am
Quoting rodders
Does this new 4hr. bar confirm the cross down on the QQE?
Yes
  • #21,036
  • Sep 4, 2007 7:10am Sep 4, 2007 7:10am
Quoting bill77
Hey Vishalj, new candles- 4h mom flat / 1h mom up / 30m mom up. is the 4h ret still on, and would these mom indicators mean ranging?
Not sure mate, I've been waiting for the 4hr retrace since the last.. er.. 4 hours! It looked like it was on its way up but it hit the 1hr 5 SMA and now it's just stuck. Ahhh.. move already..
  • #21,037
  • Sep 4, 2007 7:20am Sep 4, 2007 7:20am
looks like the dollar is strengthening everywhere except against the yen
  • #21,038
  • Sep 4, 2007 7:21am Sep 4, 2007 7:21am
First stop 231.44 the 38.2 fib, then 226.80 the 23.6 fib.
  • #21,039
  • Sep 4, 2007 7:22am Sep 4, 2007 7:22am
I believe this pair has seperated itself from the Dow now, it would seem that way from Friday's action anyhow.
  • #21,040
  • Sep 4, 2007 7:23am Sep 4, 2007 7:23am
hopefully 231.55 by the end of this hour
give me my pips back...
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