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

  • #49,721
  • Nov 12, 2007 7:32am Nov 12, 2007 7:32am
yeah got that doubt cos when dow closes , future closes too ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #49,722
  • Nov 12, 2007 7:53am Nov 12, 2007 7:53am
..way free to 219.37!
  • #49,723
  • Nov 12, 2007 8:05am Nov 12, 2007 8:05am
One of my best days in Forex, I'll never forget and Lambo I'm coming to getchya

Possible next target 223.60 unless DOW disagrees
Trade what you see, not what you think.
  • #49,724
  • Nov 12, 2007 8:08am Nov 12, 2007 8:08am
Quoting karmostaji
One of my best days in Forex, I'll never forget and Lambo I'm coming to getchya

Possible next target 223.60 unless DOW disagrees
Ok good.. you're finally short.. phew!
  • #49,725
  • Nov 12, 2007 8:08am Nov 12, 2007 8:08am
This is just truly amazing... I knew this would happen
Attached Image
  • #49,726
  • Nov 12, 2007 8:08am Nov 12, 2007 8:08am
222.37
  • #49,727
  • Nov 12, 2007 8:09am Nov 12, 2007 8:09am
you're right.. 223.4ish to 223.6 is a fib from the last move on larger tf..

though, i'm pretty certain that this could and should move up a little to make room for more shorts

1500pip move down from friday..

i would love a 700 pip retrace

Quoting karmostaji
One of my best days in Forex, I'll never forget and Lambo I'm coming to getchya

Possible next target 223.60 unless DOW disagrees
  • #49,728
  • Nov 12, 2007 8:10am Nov 12, 2007 8:10am
here's my chart I so got this... and yes the above number is next
Attached Image
  • #49,729
  • Nov 12, 2007 8:10am Nov 12, 2007 8:10am
Unreal, I haven't really traded this pair too much, but it's a beast. I wonder where it will end up.
Patience + Humility + Study = Success
  • #49,730
  • Nov 12, 2007 8:12am Nov 12, 2007 8:12am
Quoting DutchTrader
Unreal, I haven't really traded this pair too much, but it's a beast. I wonder where it will end up.
This pair will either make you or break you, it's the beast
Trade what you see, not what you think.
  • #49,731
  • Nov 12, 2007 8:13am Nov 12, 2007 8:13am
Nice, shanghai markets tanked by 2.5% today. If they tank again tomorrow and hopefully start the bubble burst of the chinese stock markets.. this thing is going sub-200.

Edit - Everyone start praying that BoJ hikes rates today.. then we will hit markam's target in 24 hours lol.
  • #49,732
  • Nov 12, 2007 8:40am Nov 12, 2007 8:40am
Quoting karmostaji
This pair will either make you or break you, it's the beast
I've learned a lot just from reading your analysis, along with aus and the many others. Fantastic stuff.
Patience + Humility + Study = Success
  • #49,733
  • Nov 12, 2007 8:47am Nov 12, 2007 8:47am
Karmo...where do you see this retracing to? I see a slight angle up on my 4hr MOM, can I expect that much at least of a retrace?
  • #49,734
  • Nov 12, 2007 8:48am Nov 12, 2007 8:48am
I snatched this chart from another forum:

http://forexfactory.com/attachment.p...5&d=1194874788
Patience + Humility + Study = Success
  • #49,735
  • Nov 12, 2007 8:50am Nov 12, 2007 8:50am
FWIW there is trading in the Dow today, at least according to CNBC
Patience + Humility + Study = Success
  • #49,736
  • Nov 12, 2007 8:52am Nov 12, 2007 8:52am
Quoting DutchTrader
FWIW there is trading in the Dow today, at least according to CNBC
Yep stock markets are open in the US today, DOW is being positive for now so maybe a retrace for GJ is coming up.. It all depends on DOW when it comes to the US session.
Trade what you see, not what you think.
  • #49,737
  • Nov 12, 2007 8:55am Nov 12, 2007 8:55am
Quoting karmostaji
Yep stock markets are open in the US today, DOW is being positive for now so maybe a retrace for GJ is coming up.. It all depends on DOW when it comes to the US session.
Yep, and the Dow looks jittery. Talk of 12700 buy the end of the week. Perhaps a small retrace only for more bulls to be slaughtered.
Patience + Humility + Study = Success
  • #49,738
  • Nov 12, 2007 9:33am Nov 12, 2007 9:33am
Karmo, do you see this retracing anytime soon? If so how high is 233 unachievble?
  • #49,739
  • Edited 9:46am Nov 12, 2007 9:45am | Edited 9:46am
Amazing, some people were advocating longs not too long ago and now they are saying "I knew this was going to happen". (Not the seniors)
Humble Lifetime Member
  • #49,740
  • Nov 12, 2007 9:46am Nov 12, 2007 9:46am
Quoting vinesh2
Karmo, do you see this retracing anytime soon? If so how high is 233 unachievble?
I don't know, I don't see any signs of reversal or trend changing yet.
Trade what you see, not what you think.
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