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

  • #49,501
  • Nov 11, 2007 12:51pm Nov 11, 2007 12:51pm
oanda has started moving down....price is at 230.925 already

30 pip spreads though....

Edit: back to 20 pips spread
  • #49,502
  • Nov 11, 2007 12:55pm Nov 11, 2007 12:55pm
it's being caused by a fall in usd/jpy as opposed to gbp/usd, which in fact is rising a little bit.
  • #49,503
  • Nov 11, 2007 1:10pm Nov 11, 2007 1:10pm
oanda showing 230.660 now....nice gap!
  • #49,504
  • Nov 11, 2007 1:16pm Nov 11, 2007 1:16pm
Barchart is showing 232.41. Weird....

http://charts.barchart.com/chart.asp...TK&org=stk&fix=
  • #49,505
  • Nov 11, 2007 1:18pm Nov 11, 2007 1:18pm
wow...that is quite a difference.
  • #49,506
  • Nov 11, 2007 1:21pm Nov 11, 2007 1:21pm
Quoting vsektodobre
wow...that is quite a difference.

INO.com is similar to Oanda, though, so I think your quote is more accurate.

http://quotes.ino.com/chart/?s=FOREX_GBPJPY&v=s
  • #49,507
  • Nov 11, 2007 1:33pm Nov 11, 2007 1:33pm
xe.com shows 230.84
Patience + Humility + Study = Success
  • #49,508
  • Nov 11, 2007 1:48pm Nov 11, 2007 1:48pm
Well this is my first post. Best trade of the year so far. Shorted at 237.75 with my target at 231.80. I am long now at 231.84 for a move towards 38% retracement which also coincides with the central pivot. Target is 233.55/233.80. I will stop out under 230.30.

I plan to be short at 233.55(38% retrace, Central pivot) and add to my position at 234.72(50% retracement, m3 pivot) for a drop down 230.10 at first and 226.50 seconed target.
  • #49,509
  • Nov 11, 2007 1:53pm Nov 11, 2007 1:53pm
This gap has to be filled should be an interesting session
Patience + Humility + Study = Success
  • #49,510
  • Nov 11, 2007 2:38pm Nov 11, 2007 2:38pm
Oanda is down to 230.26 now
  • #49,511
  • Nov 11, 2007 2:42pm Nov 11, 2007 2:42pm
I am on ODL.
230.20 and dropping as I write this.
Weird though, first time I have seen the data feed before 5:00 p.m. EST.
  • #49,512
  • Nov 11, 2007 2:43pm Nov 11, 2007 2:43pm
fx sol 230.25
  • #49,513
  • Nov 11, 2007 2:45pm Nov 11, 2007 2:45pm
U/J has just reached its support @ 110.35
  • #49,514
  • Nov 11, 2007 2:50pm Nov 11, 2007 2:50pm
Quoting fxstman
U/J has just reached its support @ 110.35
There is no more support (or pretty soon) for the $. Sell Sell Sell!
Humble Lifetime Member
  • #49,515
  • Nov 11, 2007 2:52pm Nov 11, 2007 2:52pm
Quoting Ash
There is no more support (or pretty soon) for the $. Sell Sell Sell!
What support there was, was made of air, in a bubble. And it popped!
  • #49,516
  • Nov 11, 2007 2:55pm Nov 11, 2007 2:55pm
Quoting fxstman
What support there was, was made of air, in a bubble. And it popped!
Humble Lifetime Member
  • #49,517
  • Nov 11, 2007 3:07pm Nov 11, 2007 3:07pm
he guys is it expected that the price will drop during the weekend to 230.06 ?
do u think the market is still bearish ?
  • #49,518
  • Nov 11, 2007 3:10pm Nov 11, 2007 3:10pm
Quoting anthonykay
he guys is it expected that the price will drop during the weekend to 230.06 ?
do u think the market is still bearish ?
I was personally anticipating it. Expecting more. I don't know about the bulls
Humble Lifetime Member
  • #49,519
  • Nov 11, 2007 3:14pm Nov 11, 2007 3:14pm
Quoting anthonykay
he guys is it expected that the price will drop during the weekend to 230.06 ?
do u think the market is still bearish ?
We are below the 50ema,100sma, 200sma and 200ema on almost all time frames --- The trend is as "bare" as a baby's bottom. But I expect a good retrace, and that gap has to be filled as well.
  • #49,520
  • Nov 11, 2007 3:17pm Nov 11, 2007 3:17pm
Quoting Hakuna Matata
hmmm--be careful
i expect a gap down on mkt opening
possible down to 229.30ish b4 any retrace !
tgts expected

http://www.forexfactory.com/showthre...49770&page=118

happy trading to ya'all for the week

go get the pips
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