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

  • #52,241
  • Nov 29, 2007 5:11am Nov 29, 2007 5:11am
Quoting cgldsmth
it's now at 50% retracement of yesterday's move. Lets see if it bounces back up.
This pair loves the 50% retracement
  • #52,242
  • Nov 29, 2007 5:12am Nov 29, 2007 5:12am
YESSSSS FOR PATIENCE!!!!!

you gotta love to see it pay off...especially when it is within your strategy and not just based on emotion of what you think the market "might" do

keep going down!!!!
The odds are on my side; let's hope they stay that way!!!
  • #52,243
  • Nov 29, 2007 5:14am Nov 29, 2007 5:14am
Any one expecting lower then 225.80 cause S&P Futures are down that indicates lower open at the DOW
  • #52,244
  • Nov 29, 2007 5:14am Nov 29, 2007 5:14am
Looks like my target 225.80 coming soon. Easy 300pips
  • #52,245
  • Nov 29, 2007 5:18am Nov 29, 2007 5:18am
Like auslanco said earlier, wait for the 15m strategy to go long, until then I'll let my short float with a 100 pips trailing stop.

Gotta go pick up my sweet car from the garage, Later.
Trade what you see, not what you think.
  • #52,246
  • Nov 29, 2007 5:25am Nov 29, 2007 5:25am
Quoting karmostaji
Like auslanco said earlier, wait for the 15m strategy to go long, until then I'll let my short float with a 100 pips trailing stop.

Gotta go pick up my sweet car from the garage, Later.
Next Monday, the GCC (Gulf Coopreation Council) meets. These are the Arabic central banks. Arabianbusiness.com reports that the UAE central bank may revalue their dirham by much as 3-5% against the dollar.

Karmo, another fireworks on Monday ??
  • #52,247
  • Nov 29, 2007 5:25am Nov 29, 2007 5:25am
Quoting uncleforex
Looks like my target 225.80 coming soon. Easy 300pips
I am afraid to go all the way..I am still not very good in looking charts...but it looks to me too that we can see maybe 225.80
Work smart not hard
  • #52,248
  • Nov 29, 2007 5:27am Nov 29, 2007 5:27am
Possibly strong resistance.
Attached Image (click to enlarge)
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  • #52,249
  • Nov 29, 2007 5:30am Nov 29, 2007 5:30am
uncle forex!!!where ve u been? i needed ur consoaltion and advice.i ve closed all my shorts though..i cant risk re-entering now again..i ll just wait for the bulls to show up
  • #52,250
  • Nov 29, 2007 5:32am Nov 29, 2007 5:32am
This thing does not want to go down!
  • #52,251
  • Nov 29, 2007 5:32am Nov 29, 2007 5:32am
Quoting karmostaji
Like auslanco said earlier, wait for the 15m strategy to go long, until then I'll let my short float with a 100 pips trailing stop.

Gotta go pick up my sweet car from the garage, Later.
did you buy a car just now??

hm.. what could that be?

lemme give a shot.. gallardo superleggera?
  • #52,252
  • Nov 29, 2007 5:33am Nov 29, 2007 5:33am
I know USD/Chf trades shouldn't be here but I think we have bearish bat on it on H1 and H4. Already shorted @ 1.1195 for 100pips down.

Cheers.
  • #52,253
  • Nov 29, 2007 5:36am Nov 29, 2007 5:36am
Fight to the death
Attached Image
  • #52,254
  • Nov 29, 2007 5:40am Nov 29, 2007 5:40am
Quoting uncleforex
I know USD/Chf trades shouldn't be here but I think we have bearish bat on it on H1 and H4. Already shorted @ 1.1195 for 100pips down.

Cheers.
yea, there is also resistance at around 1.12 (major psych number) that has been tested and retested multiple times

if usdchf goes down, what might follow....gbpchf? eurchf?
The odds are on my side; let's hope they stay that way!!!
  • #52,255
  • Nov 29, 2007 6:00am Nov 29, 2007 6:00am
Quoting uncleforex
I know USD/Chf trades shouldn't be here but I think we have bearish bat on it on H1 and H4. Already shorted @ 1.1195 for 100pips down.

Cheers.

Thanks for the heads up.

Hourly closed on a average pinbar too..
  • #52,256
  • Nov 29, 2007 6:03am Nov 29, 2007 6:03am
i think the bulls are around the corner
  • #52,257
  • Nov 29, 2007 6:04am Nov 29, 2007 6:04am
Does anybody still waiting for 225.80?!?
Work smart not hard
  • #52,258
  • Nov 29, 2007 6:09am Nov 29, 2007 6:09am
I am still waiting....

I think we may see another sell off when NY opens in 50 mins or so
  • #52,259
  • Nov 29, 2007 6:10am Nov 29, 2007 6:10am
Quoting cancunkev
I am still waiting....

I think we may see another sell off when NY opens is 50 mins or so
Nice me too
Work smart not hard
  • #52,260
  • Nov 29, 2007 6:11am Nov 29, 2007 6:11am
Quoting cancunkev
I am still waiting....

I think we may see another sell off when NY opens in 50 mins or so
Never trouble trouble till trouble troubles you
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