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

  • #41,401
  • Oct 18, 2007 3:20am Oct 18, 2007 3:20am
I'm glad I kept my shorts
  • #41,402
  • Oct 18, 2007 3:23am Oct 18, 2007 3:23am
Zhou from PBOC: "Yuan will eventually freely convertible, no date is set. Will discuss with EU during IMF meeting"
  • #41,403
  • Oct 18, 2007 3:23am Oct 18, 2007 3:23am
Guys, do you think it's gonna break the support line - bottoms(219.35/235.88)?
Is this a strong line according to you?
Learn Hard, Not The "hard way" !
  • #41,404
  • Oct 18, 2007 3:23am Oct 18, 2007 3:23am
Wow, woke up to find that that the daily qq5 has just broken downward.

Haven't seen this since 7-26-07

Now all we need is some unexpected news to happen and we will be off south strong again.
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  • #41,405
  • Oct 18, 2007 3:24am Oct 18, 2007 3:24am
victory is reuslt of patience.
i am happy that hold my shorts and locked now in green pips.
  • #41,406
  • Oct 18, 2007 3:26am Oct 18, 2007 3:26am
Quoting shahroodi
victory is reuslt of patience.
i am happy that hold my shorts and locked now in green pips.
  • #41,407
  • Oct 18, 2007 3:26am Oct 18, 2007 3:26am
Quoting yezbick
Wow, woke up to find that that the daily qq5 has just broken downward.

Haven't seen this since 7-26-07

Now all we need is some unexpected news to happen and we will be off south strong again.
Yeah something about G/J these last couple days have been quite odd but still predictable...like I may expect to see it go to 220 then possibly lower
  • #41,408
  • Oct 18, 2007 3:29am Oct 18, 2007 3:29am
Waiting to enter short at 5SMA at 237.20 according to 15 min strategy
  • #41,409
  • Oct 18, 2007 3:39am Oct 18, 2007 3:39am
Aus are we expecting a daily retracement back to the daily 5sma today?
  • #41,410
  • Oct 18, 2007 3:45am Oct 18, 2007 3:45am
did i see something wrong, because I dont get why anyone is goin short right now? What is causing you all to feel like it is going to free fall with its constant rise and all since gbp news
  • #41,411
  • Oct 18, 2007 3:50am Oct 18, 2007 3:50am
Quoting yezbick
Aus are we expecting a daily retracement back to the daily 5sma today?
Looks like were heading for the daily 5sma. Last gbp news pushing gj north.
  • #41,412
  • Oct 18, 2007 3:50am Oct 18, 2007 3:50am
I dont trade on news infact avoid trading wen they areabout to release. dts sumthng which stopped me from a short entry today Daily 5SMA retraco intact now
  • #41,413
  • Oct 18, 2007 3:51am Oct 18, 2007 3:51am
I need to hug all the Brit bros in here.. thanks to UK reports, I always make a ton of money lol. So Zoran, sledgehammer and everyone else ..
  • #41,414
  • Oct 18, 2007 3:56am Oct 18, 2007 3:56am
I hate that daily trendline, I hate it with passion. Break already dammit lol
Trade what you see, not what you think.
  • #41,415
  • Oct 18, 2007 4:00am Oct 18, 2007 4:00am
Quoting karmostaji
I hate that daily trendline, I hate it with passion. Break already dammit lol
Hey karmo how was drive to university? Do you think this is going to begin to press downwards now or is a rise to 238.50 to be expected?
  • #41,416
  • Oct 18, 2007 4:02am Oct 18, 2007 4:02am
Quoting haliker
Hey karmo how was drive to university? Do you think this is going to begin to press downwards now or is a rise to 238.50 to be expected?
Not bad, I'm still in univ

It looks like it's going to be a bull day, but 4hr and 1hr QQE's are still crossed downwards and daily momentum is bearish, so maybe down will kick in a bit later in the day (NY session maybe?), I'm not sure but I'll wait for a clear signal before jumping in even though I've got a short open somewhere..
Trade what you see, not what you think.
  • #41,417
  • Oct 18, 2007 4:04am Oct 18, 2007 4:04am
Quoting VishalJ
I need to hug all the Brit bros in here.. thanks to UK reports, I always make a ton of money lol. So Zoran, sledgehammer and everyone else ..
Is short still safe?
  • #41,418
  • Oct 18, 2007 4:07am Oct 18, 2007 4:07am
Quoting gau2902
Is short still safe?
I don't think either is safe at the moment, I see confusing signals, some things are pointing up, others saying it will go down. Indecision. It was going down but then good news made it spike up and also that stupid daily trendline we've got, if that breaks then down we go otherwise we're stuck in this range.
Trade what you see, not what you think.
  • #41,419
  • Oct 18, 2007 4:07am Oct 18, 2007 4:07am
Quoting VishalJ
I need to hug all the Brit bros in here.. thanks to UK reports, I always make a ton of money lol. So Zoran, sledgehammer and everyone else ..

ha ha
  • #41,420
  • Oct 18, 2007 4:08am Oct 18, 2007 4:08am
Quoting haliker
did i see something wrong, because I dont get why anyone is goin short right now? What is causing you all to feel like it is going to free fall with its constant rise and all since gbp news
No one is expecting a free fall. My target is 235.60 to 236 area today. I haven't opened any new short positions. Just using Karmo's patience indicator to close my yesterdays short position with profits. That's all.. However Daily Momentum is very bearish.. sooner or later there could be a hard fall to atleast 236 area.

Longs are out of my books until the price breaks 1hr 100sma.
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