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

  • #31,641
  • Sep 25, 2007 1:34am Sep 25, 2007 1:34am
Quoting auslanco
Frankfurt made new lows. Usually London reversal happens when Frankies makes new high's and Low's. Well lets hope this time it wont happen since most the of the guys have shorted already.
I closed out my positions after it retraced to the 1hr 5sma for the second time.
looking at the RSI, I expect London to drag it back up a bit before it continues its journey back down.
  • #31,642
  • Sep 25, 2007 1:34am Sep 25, 2007 1:34am
Quoting karmostaji
my TP for GU is 1.9950, and for GJ is 229.60
Once/if we can clear this 230.60/50'ish area, I'm also showing clear to 229.75/60, then 229.35 as a last resort for a good while.
Attached Image (click to enlarge)
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  • #31,643
  • Sep 25, 2007 1:36am Sep 25, 2007 1:36am
Quoting auslanco
Frankfurt made new lows. Usually London reversal happens when Frankies makes new high's and Low's. Well lets hope this time it wont happen since most the of the guys have shorted already.
I hate those guys ,though I did not have a short,they always disturb our party.
  • #31,644
  • Sep 25, 2007 1:37am Sep 25, 2007 1:37am
UJ made a low at 2:06, now up 20; GJ followed with its low at 2:09, now up 36 and cable hit its 2.0100 level at 2:27 and has bounced up 10.

IMO, a nice bounce to allow some room to build momentum to break these strong supports will be needed - the 231 area?
Trading Levels with WRBs
  • #31,645
  • Sep 25, 2007 1:37am Sep 25, 2007 1:37am
Quoting the derek
Once/if we can clear this 230.60/50'ish area, I'm also showing clear to 229.75/60, then 229.35 as a last resort for a good while.

this is your signature:

"Don't trade if you have balls, hope or luck. Trade what you see. Trade what you know. "


well that will only leave pipchick in this thread
  • #31,646
  • Sep 25, 2007 1:42am Sep 25, 2007 1:42am
no signs of reversal to the upside yet, london might.. or might not
Trade what you see, not what you think.
  • #31,647
  • Sep 25, 2007 1:42am Sep 25, 2007 1:42am
Quoting Hakuna Matata
this is your signature:

"Don't trade if you have balls, hope or luck. Trade what you see. Trade what you know. "


well that will only leave pipchick in this thread
  • #31,648
  • Sep 25, 2007 1:46am Sep 25, 2007 1:46am
Quoting Hakuna Matata
this is your signature:

"Don't trade if you have balls, hope or luck. Trade what you see. Trade what you know. "


well that will only leave pipchick in this thread

she's probably the most successful out of all of us too. just doesn't state it out of pity
  • #31,649
  • Sep 25, 2007 1:48am Sep 25, 2007 1:48am
Quoting Hakuna Matata
this is your signature:

"Don't trade if you have balls, hope or luck. Trade what you see. Trade what you know. "


well that will only leave pipchick in this thread
I just closed my short out for 60 pips. Too many doubts. Might hop back in if Aus makes a 15 min call . . .
  • #31,650
  • Sep 25, 2007 1:51am Sep 25, 2007 1:51am
Quoting Pips_Cruiser
I just closed my short out for 60 pips. Too many doubts. Might hop back in if Aus makes a 15 min call . . .

Wait for the 15min QQE1 crossdown for re-entry bro.. It has saved me from many bad trades.
  • #31,651
  • Sep 25, 2007 1:52am Sep 25, 2007 1:52am
Quoting Hakuna Matata
u sleeping with bermudas?
.
  • #31,652
  • Sep 25, 2007 2:05am Sep 25, 2007 2:05am
50ema 15m looks like a good area to add shorts, that's where I'll add..

Patience.
Trade what you see, not what you think.
  • #31,653
  • Sep 25, 2007 2:08am Sep 25, 2007 2:08am
is that a hammer on the hourly? I closed my short at B/E
Trade what you see, not what you think.
  • #31,654
  • Sep 25, 2007 2:09am Sep 25, 2007 2:09am
Looks like this will retrace to daily pivot -London 231.53 . shorts not safe right now,
  • #31,655
  • Sep 25, 2007 2:11am Sep 25, 2007 2:11am
A reversal might be in the works, be careful.
Trade what you see, not what you think.
  • #31,656
  • Sep 25, 2007 2:13am Sep 25, 2007 2:13am
Quoting karmostaji
is that a hammer on the hourly? I closed my short at B/E
Bro.. you are funny
  • #31,657
  • Sep 25, 2007 2:13am Sep 25, 2007 2:13am
Quoting auslanco
Bro.. you are funny
ORly?
Trade what you see, not what you think.
  • #31,658
  • Sep 25, 2007 2:20am Sep 25, 2007 2:20am
Quoting karmostaji
is that a hammer on the hourly? I closed my short at B/E



karmostaji


Probably a little too early.
  • #31,659
  • Sep 25, 2007 2:20am Sep 25, 2007 2:20am
Quoting Pips_Cruiser
I'll do that. Thanks.


Well done bro
  • #31,660
  • Sep 25, 2007 2:29am Sep 25, 2007 2:29am
Quoting karmostaji
is that a hammer on the hourly? I closed my short at B/E

bro--a hammer doesnt mean anything till we see what the nxt candle is like !
chk the daily on g/u (inverted hammer---now todays close will dictate a possible bearis)h pattern for tomoro
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