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

  • #50,341
  • Nov 15, 2007 4:06am Nov 15, 2007 4:06am
Quoting uncleforex
Now 225 doesn't seem that far
news is bad for the pound... 224 is the new target...
  • #50,342
  • Nov 15, 2007 4:06am Nov 15, 2007 4:06am
i had pre 4:30 news entries at 228.40 and 227.85 but cancelled when price started dropping b4 news. everytime i am i get into a trade b4 announcement i get burned so i stayed away. go figure now i will watch
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #50,343
  • Nov 15, 2007 4:07am Nov 15, 2007 4:07am
Quoting uncleforex
Now 225 doesn't seem that far


Short from 230.81.. took some profit at 226.95.. too early
  • #50,344
  • Nov 15, 2007 4:11am Nov 15, 2007 4:11am
im awestruck with zorans prediction ... hes been building shorts from 230 ... looks like i ve to start reading about butterfly n bats ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #50,345
  • Nov 15, 2007 4:15am Nov 15, 2007 4:15am
Quoting dimmi
Short from 230.81.. took some profit at 226.95.. too early

holy crap !!, WELL DONE.
Live Long and Prosper How GOOD are the NE Patriots ??
  • #50,346
  • Nov 15, 2007 4:21am Nov 15, 2007 4:21am
Quoting maheswara
im awestruck with zorans prediction ... hes been building shorts from 230 ... looks like i ve to start reading about butterfly n bats ...
yep he did.. and he was complaining this mornning the fact that he had to pay triple intrest.. well guess it's all worth it in the end. nicely done Zoran
  • #50,347
  • Nov 15, 2007 4:22am Nov 15, 2007 4:22am
WHERE IS KARMAAAAAA!!!!??..somebody please console me and tell me this thing is goin to 224..cos i begining to doubt it...
  • #50,348
  • Nov 15, 2007 4:25am Nov 15, 2007 4:25am
Guys check this
Attached Image (click to enlarge)
Click to Enlarge Name: 100days.gif Size: 19 KB
Don't compare your Trades with Others
  • #50,349
  • Nov 15, 2007 4:26am Nov 15, 2007 4:26am
Quoting ife
WHERE IS KARMAAAAAA!!!!??..somebody please console me and tell me this thing is goin to 224..cos i begining to doubt it...
U need to have patience.

Try to learn from Zoran
  • #50,350
  • Nov 15, 2007 4:26am Nov 15, 2007 4:26am
Quoting ife
WHERE IS KARMAAAAAA!!!!??..somebody please console me and tell me this thing is goin to 224..cos i begining to doubt it...


Are you long?
  • #50,351
  • Nov 15, 2007 4:29am Nov 15, 2007 4:29am
Quoting ife
WHERE IS KARMAAAAAA!!!!??..somebody please console me and tell me this thing is goin to 224..cos i begining to doubt it...
in my opinion

my limit is on 224.50

i think we will see it if not today then tomorrow cause the GBP/USD broke the uptrend and it will pull down the GBP/JPY with it

and 224.50 is only a first target i think we will see 221 or less.
  • #50,352
  • Nov 15, 2007 4:44am Nov 15, 2007 4:44am
@ dinmi, ofcourse i'm not..i will be nuts going long..its just that my patience is gettin out of hands..i'm short since 228 @ uncleforex thanx so much for the advice..i think i will just hold on
  • #50,353
  • Nov 15, 2007 4:44am Nov 15, 2007 4:44am
Quoting moneymagnet
i had pre 4:30 news entries at 228.40 and 227.85 but cancelled when price started dropping b4 news. everytime i am i get into a trade b4 announcement i get burned so i stayed away. go figure now i will watch
The pre-news price drop screwed me up. I was able to scalp 107 pips with three different quick shorts. But that was risky and not what I was hoping for. Could have been burned bad.

I was hoping for a nice proper 15 minute trade. There's still a possibility if we get a decent retrace, then ride it back down again. The 15min 5sma isn't too far away, and the 30min 5sma is right around the 50% retrace area.

The QQE's are starting to look oversold. Maybe the "doom and gloom" force will let up for a few minutes . . .
  • #50,354
  • Nov 15, 2007 4:53am Nov 15, 2007 4:53am
hmmm have the feeling this is the bottom , but as usual feelings are mostly wrong
To Live is the rarest thing in the world , Most people exist , that is all
  • #50,355
  • Nov 15, 2007 4:56am Nov 15, 2007 4:56am
wow, what's up with USD/CAD?
  • #50,356
  • Nov 15, 2007 5:08am Nov 15, 2007 5:08am
Quoting maheswara
hmmm have the feeling this is the bottom , but as usual feelings are mostly wrong
Don't forget the NY Session, we should see more downward movement, especially with GU which, in turn will bring down GY further.
Humble Lifetime Member
  • #50,357
  • Nov 15, 2007 5:12am Nov 15, 2007 5:12am
USD/CAD is a real looney.
I say it will probably be safe one last time shorting it at 0.9700 because US light crude oil will try the US $100 per barrel one last time in 2007 before heading south to $70's per barrel. When it starts heading south and falling through $88, I think it's time to long USD/CAD big time.

I am short at 0.9680 stop at 0.9830, profit target 0.9530

Trade at your own risk because I have been made looney trading the looney in recent days

All comments appreciated.

Quoting brucehvn
wow, what's up with USD/CAD?
  • #50,358
  • Nov 15, 2007 5:13am Nov 15, 2007 5:13am
where is ausablacnco and effilang when u need them?! help us oh masters!

PS the us session may determine todays movements as the gpb/usd will be hit hard by deviant news and the gpb/jpy of course will be affected..... IMHO today is all abouth the news at 8:30...then once a clear direction is known we can go riding weeeeeeeeeeeeeeeeeeeeeeee
  • #50,359
  • Nov 15, 2007 5:19am Nov 15, 2007 5:19am
Quoting Pips_Cruiser
The pre-news price drop screwed me up. I was able to scalp 107 pips with three different quick shorts. But that was risky and not what I was hoping for. Could have been burned bad.

I was hoping for a nice proper 15 minute trade. There's still a possibility if we get a decent retrace, then ride it back down again. The 15min 5sma isn't too far away, and the 30min 5sma is right around the 50% retrace area.

The QQE's are starting to look oversold. Maybe the "doom and gloom" force will let up for a few minutes . . .
that is what i am hoping for. would luv to c it go up to 226.80-227.30 area, got some entrhy limits there
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #50,360
  • Nov 15, 2007 5:22am Nov 15, 2007 5:22am
I expect the rest of the day to be bullish, but that's just me. Trade what you see on your chart.
Trade what you see, not what you think.
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