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

  • #53,301
  • Dec 5, 2007 3:25am Dec 5, 2007 3:25am
Quoting quecee5
Thxs!
Be careful . . . but I know you will!

  • #53,302
  • Dec 5, 2007 3:25am Dec 5, 2007 3:25am
Quoting el grande
I got stuck on this one. prior EW Analysis in my thread would show that last limit for this big wave 4 is at 224.83 which was the top of Wave 1 .

until then I am holding my long trades.

EG
el grande,

Is there an indicator that draws out the EW on your chart? or do you do that?

Thanks!
  • #53,303
  • Dec 5, 2007 3:26am Dec 5, 2007 3:26am
Next support at 224.00
Northern Rock Bank possible take over by British Government.
ALL Momentums pointing down. Except monthly which just turned flat (was up). What is the reasoning behind longs ?
Just curious .....
Good luck trading to all.
  • #53,304
  • Edited 3:29am Dec 5, 2007 3:27am | Edited 3:29am
Quoting Hakuna Matata
hi everyone

love all these movements

up or down-- money to be made

hope everyones been enjoying these rides.

longs be careful.

will answer to all the PM on weekend

adios amigos--trade wise ( and that is what charts show u)
Hakuna !
Where have you been hiding
Happy to see you posting again.
Welcome back.
  • #53,305
  • Dec 5, 2007 3:29am Dec 5, 2007 3:29am
Quoting Pips_Cruiser
Be careful . . . but I know you will!

I'm trading small lots here as the risk is too high. . .
Thxs!
  • #53,306
  • Dec 5, 2007 3:34am Dec 5, 2007 3:34am
Quoting quecee5
I'm trading small lots here as the risk is too high. . .
Thxs!
Good job!

  • #53,307
  • Dec 5, 2007 3:36am Dec 5, 2007 3:36am
Tuesday, 04 December 2007 12:50:51 GMT Written by Jamie Saettele, Currency Analyst The short term Cable picture has yet to clear up. With all of the confusion on the intraday charts, we are presenting the daily chart today. This well defined channel goes back to May 2006. Notice that the GBPUSD has broken below the midpoint of that channel. As such, a bearish bias is warranted until at least a test of channel support near 2.0100/2.0150.
  • #53,308
  • Dec 5, 2007 3:36am Dec 5, 2007 3:36am
Quoting Pips_Cruiser
Good job!

I am in huge ...Lets see...Be broke or get rich till evening
Work smart not hard
  • #53,309
  • Dec 5, 2007 3:37am Dec 5, 2007 3:37am
Quoting Rustyyy
Next support at 224.00
Northern Rock Bank possible take over by British Government.
ALL Momentums pointing down. Except monthly which just turned flat (was up). What is the reasoning behind longs ?
Just curious .....
Good luck trading to all.
Triple Interest 4 most...4 me the 50fib @ 231.32
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr.gif Size: 12 KB
  • #53,310
  • Dec 5, 2007 3:37am Dec 5, 2007 3:37am
As I anticipated, this is another bad news and at least another 100 points fall for GJ.

I think tomorrow we will see more bad news again. These could send GJ back to 219 again. If 219 is broken, I'll never think about any uptrend again for this pair.
Discipline + Patience - Fear - Greed = Success
  • #53,311
  • Dec 5, 2007 3:39am Dec 5, 2007 3:39am
Quoting sony
I am in huge ...Lets see...Be broke or get rich till evening
Thats not trading...a more appropriate word would be gambling imho
  • #53,312
  • Dec 5, 2007 3:41am Dec 5, 2007 3:41am
Quoting sony
I am in huge ...Lets see...Be broke or get rich till evening
If you like gambling so much, why not just go to Vegas? Yee Haw!
  • #53,313
  • Dec 5, 2007 3:41am Dec 5, 2007 3:41am
Quoting forexnovice
Thats not trading...a more appropriate word would be gambling imho
I hate this pair now for few days..Cant stand it no more!!!
Work smart not hard
  • #53,314
  • Dec 5, 2007 3:42am Dec 5, 2007 3:42am
from what I am hearing if a decisive break of 224.50 level, major liquiditation to 221/s
  • #53,315
  • Dec 5, 2007 3:43am Dec 5, 2007 3:43am
Quoting brucehvn
If you like gambling so much, why not just go to Vegas? Yee Haw!
Why i have it here?!
Work smart not hard
  • #53,316
  • Dec 5, 2007 3:44am Dec 5, 2007 3:44am
Quoting sony
I am in huge ...Lets see...Be broke or get rich till evening
Be careful. . .ROTFLMAO!
  • #53,317
  • Dec 5, 2007 3:48am Dec 5, 2007 3:48am
Quoting sony
I hate this pair now for few days..Cant stand it no more!!!
Stop trading this pair then.. there r many other other less volatile pairs with smaller spreads...DOn't think u can get away just by hating this pair
  • #53,318
  • Dec 5, 2007 3:51am Dec 5, 2007 3:51am
Quoting forexnovice
Stop trading this pair then.. there r many other other less volatile pairs with smaller spreads...DOn't think u can get away just by hating this pair
I am in profit already and set my +1 pip SL
Thank you guys becouse of nice words but lets see...I hate it and now i want to earn huge on it!!!
Work smart not hard
  • #53,319
  • Dec 5, 2007 3:54am Dec 5, 2007 3:54am
The name itself is a beast..You should be sharp in moneymanagement , otherwise you'll end up!

As i said earlier this month is full of ups and downs ( one can use it properly)
  • #53,320
  • Dec 5, 2007 3:54am Dec 5, 2007 3:54am
To note that Dow futures is +70 this morning, which can reverse cable quite forcefully in the upcoming hours. those on the money, better lock it.
Intersting thread from Mr Cesarnic
Work smart not hard
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