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

  • #22,901
  • Sep 7, 2007 8:03am Sep 7, 2007 8:03am
This has all the potential to be a 'Black Friday'
  • #22,902
  • Sep 7, 2007 8:04am Sep 7, 2007 8:04am
Quoting VishalJ
Yeah I kept going long at 232 everytime GJ hit it.. after the NFP.. I was like 'no way' but the sucker still keeps bouncing on that level.


once it brakes all hell will brake losse.... me thinks....
  • #22,903
  • Sep 7, 2007 8:04am Sep 7, 2007 8:04am
Quoting mktjong
Yeah .. try it again .. you'd probably have to sell your car soon http://www.forexfactory.com/images/icons/icon6.gif
No way.. lol. Come on GJ.. go to 229
  • #22,904
  • Sep 7, 2007 8:05am Sep 7, 2007 8:05am
already touch wave c....looking 222.50
  • #22,905
  • Sep 7, 2007 8:05am Sep 7, 2007 8:05am
the BS support gave up finally, bowing to the beauty of technicals again.
We leave no soldier behind.
  • #22,906
  • Sep 7, 2007 8:06am Sep 7, 2007 8:06am
Quoting Hakuna Matata
markam--whats your tgt for g/j today?
I may just let them run until we get down to the 220 area. I am fairly confident it will get there before too long.
  • #22,907
  • Sep 7, 2007 8:06am Sep 7, 2007 8:06am
a 5m candle was closed under
  • #22,908
  • Sep 7, 2007 8:07am Sep 7, 2007 8:07am
Karmo,

Still think 251 before 210?????
  • #22,909
  • Sep 7, 2007 8:07am Sep 7, 2007 8:07am
Quoting markam
I may just let them run until we get down to the 220 area. I am fairly confident it will get there before too long.
and then to my signature

now who mentioned black friday??
i might need to change my signature--lol
  • #22,910
  • Sep 7, 2007 8:08am Sep 7, 2007 8:08am
Quoting markam
Karmo,

Still think 251 before 210?????
loool I'm happy if we make money, regardless of where it goes LOL
Trade what you see, not what you think.
  • #22,911
  • Sep 7, 2007 8:08am Sep 7, 2007 8:08am
Quoting gagiul
the BS support gave up finally, bowing to the beauty of technicals again.
am intrebat acum ceva timp daca mai e cineva din Romania pe acest thread... se pare ca nu sunt singurul.
Bafta la cat mai multi pipsi !!!
If you lose, I will grab your pips away
  • #22,912
  • Sep 7, 2007 8:09am Sep 7, 2007 8:09am
a 15m candle closed under
  • #22,913
  • Sep 7, 2007 8:09am Sep 7, 2007 8:09am
Quoting karmostaji
loool I'm happy if we make money, regardless of where it goes LOL

I won't argue with that.

Serious question. If the entire market is basically short, what the heck happens?
  • #22,914
  • Sep 7, 2007 8:09am Sep 7, 2007 8:09am
yea broken
  • #22,915
  • Sep 7, 2007 8:11am Sep 7, 2007 8:11am
Quoting markam
I won't argue with that.

Serious question. If the entire market is basically short, what the heck happens?
That doesn't happen, there are always people who will remain going Long.. because of carry trades
Trade what you see, not what you think.
  • #22,916
  • Edited Sep 8, 2007 4:24am Sep 7, 2007 8:11am | Edited Sep 8, 2007 4:24am
Quoting markam
Karmo,

Still think 251 before 210?????
markam will start his own thread later today.

I'm short at 231.73. see ya 232.00 you have been a sweet chick to me this week but now I have to go.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,917
  • Sep 7, 2007 8:13am Sep 7, 2007 8:13am
Quoting markam
I won't argue with that.

Serious question. If the entire market is basically short, what the heck happens?
BoJ steps in. They know how to ruin a party. Japanese exporters will raise a storm.. and BoJ will sell massive quantities of Yen (they did so at one point.. something like 330 billion yen) to try and arrest any further falls.. and possibly push GJ/UJ etc up
  • #22,918
  • Sep 7, 2007 8:13am Sep 7, 2007 8:13am
I didn't short yet, I'll wait for any retracement
Trade what you see, not what you think.
  • #22,919
  • Sep 7, 2007 8:13am Sep 7, 2007 8:13am
Quoting markam
I won't argue with that.

Serious question. If the entire market is basically short, what the heck happens?
I tell ya, what the heck happens .. it's gonna down another 1000 pips. Then I'll close my trade. Enjoy the green ones nicely and back to trade and go for another 1000 pips http://www.forexfactory.com/images/icons/icon10.gif http://www.forexfactory.com/images/icons/icon10.gif
  • #22,920
  • Sep 7, 2007 8:14am Sep 7, 2007 8:14am
I give the stock market about 5 minutes before the circuit breakers kick in.
If USD/JPY breaks 114.00 and GBP/USD does not go up GBP/JPY will be in a freefall. Same as a couple of weeks ago.

Just my 2 1/2 cents :
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